ONEOK revenue and financials
$88.73Change from previous close: +0.17%Absolute change: +$0.15
In the fiscal year ended December 2025, ONEOK reported revenue of $33.63B (+54.99% year over year). Net income was $3.39B, a net margin of 10.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +54.99%
- 2025 vs 2024
- Net income growth
- +11.80%
- 2025 vs 2024
- Net margin
- 10.1%
- 2024: 14.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,049 | 9,618 | 9,065 | 8,634 | 7,887 | 8,043 | 7,000 | 5,023 | 4,894 | 4,781 | 5,235 | 4,189 |
| Cost of revenue | 9,242 | 7,053 | 6,396 | 5,962 | 5,360 | 5,655 | 4,496 | 3,027 | 2,891 | 2,897 | 3,301 | 2,799 |
| Gross profit | 2,807 | 2,565 | 2,669 | 2,672 | 2,527 | 2,388 | 2,504 | 1,996 | 2,003 | 1,884 | 1,934 | 1,390 |
| Selling, general and administrative | 715 | 634 | 673 | 639 | 618 | 655 | 681 | 512 | 486 | 483 | 486 | 308 |
| Operating income | 1,597 | 1,435 | 1,539 | 1,568 | 1,453 | 1,262 | 1,397 | 1,138 | 1,233 | 1,067 | 1,124 | 862 |
| EBIT | 1,597 | 1,435 | 1,539 | 1,568 | 1,453 | 1,262 | 1,397 | 1,138 | 1,233 | 1,067 | 1,124 | 862 |
| EBITDA | 1,984 | 1,813 | 1,927 | 1,946 | 1,821 | 1,642 | 1,741 | 1,412 | 1,495 | 1,321 | 1,384 | 1,039 |
| Interest expense | 434 | 439 | 453 | 450 | 438 | 442 | 448 | 325 | 298 | 300 | 305 | 215 |
| Pre-tax income | 1,266 | 1,021 | 1,252 | 1,237 | 1,113 | 888 | 1,328 | 912 | 1,023 | 847 | 910 | 595 |
| Income tax | 299 | 245 | 274 | 297 | 260 | 197 | 328 | 219 | 243 | 208 | 222 | 141 |
| Net income | 966 | 774 | 977 | 939 | 841 | 636 | 923 | 693 | 780 | 639 | 688 | 454 |
| Net income to common shareholders | 966 | 774 | 977 | 939 | 841 | 636 | 923 | 692 | 780 | 639 | 688 | 453 |
| Basic EPS | 1.53 | 1.23 | 1.55 | 1.49 | 1.34 | 1.04 | 1.58 | 1.18 | 1.33 | 1.09 | 1.18 | 0.99 |
| Diluted EPS | 1.53 | 1.23 | 1.55 | 1.49 | 1.34 | 1.04 | 1.57 | 1.18 | 1.33 | 1.09 | 1.18 | 0.99 |
| Average shares (basic) | 631 | 631 | 630 | 631 | 627 | 611 | 585 | 585 | 585 | 584 | 583 | 457 |
| Average shares (diluted) | 632 | 632 | 631 | 632 | 628 | 613 | 587 | 587 | 586 | 586 | 586 | 458 |
| Dividend per share | 1.07 | 1.07 | 1.07 | 1.03 | 1.03 | 1.03 | 1.03 | 0.99 | 0.99 | 0.99 | 0.99 | 0.96 |