Oneok (OKE) Debt Ratio (2009 - 2026)

Oneok's (OKE) quarterly Debt Ratio came in at 0.49 in Q1 2026, down 6.37% year-on-year from 0.53 in Q1 2025, and little changed quarter-over-quarter from 0.49 in Q4 2025.

Oneok (OKE) Debt Ratio (2009 - 2026) Analysis & Trends

Oneok's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.49 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 6.37% year-over-year to 0.49 in Q1 2026; TTM through Mar 2026 was 0.49, a 6.37% decrease from a year earlier, with the FY2025 full-year figure at 0.49, up 1.73% from the prior year.
  • Debt Ratio steadied at 0.49 in Q1 2026 per OKE's latest filing, from 0.49 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.57 in Q3 2022 and bottomed at 0.48 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.53 (2025), against an average of 0.52.
  • Across the five-year window, Debt Ratio retreated 15.94% in 2022 and climbed 10.33% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.56 in 2022, then fell by 12.39% to 0.49 in 2023, then fell by 1.09% to 0.48 in 2024, then rose by 1.73% to 0.49 in 2025, then gained by 0.17% to 0.49 in 2026.
  • Per Business Quant, the three latest OKE Debt Ratio figures stand at 0.49 (Q1 2026), 0.49 (Q4 2025), and 0.53 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.60

Historic Data

Download Data
DateValue
Mar 31, 2026 0.49
Dec 31, 2025 0.49
Sep 30, 2025 0.53
Jun 30, 2025 0.51
Mar 31, 2025 0.53
Dec 31, 2024 0.48
Sep 30, 2024 0.55
Jun 30, 2024 0.52
Mar 31, 2024 0.50
Dec 31, 2023 0.49
Sep 30, 2023 0.50
Jun 30, 2023 0.53
Mar 31, 2023 0.54
Dec 31, 2022 0.56
Sep 30, 2022 0.57
Jun 30, 2022 0.56
Mar 31, 2022 0.53
Dec 31, 2021 0.61
Sep 30, 2021 0.62
Jun 30, 2021 0.60