Oneok (OKE) Debt Ratio (2009 - 2026)

Oneok (OKE) posted quarterly Debt Ratio of 0.49 for Q1 2026, down 6.37% year-over-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.

  • In Q1 2026, Debt Ratio fell 6.37% year-over-year to 0.49; the TTM figure through Mar 2026 stood at 0.49 (down 6.37% YoY), while the FY2025 annual figure was 0.49, up 1.73% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.49, roughly flat from 0.49 in the prior quarter.
  • The five-year high for Debt Ratio was 0.57 in Q3 2022, with the low at 0.48 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.53 (2025), against an average of 0.52.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio dropped 15.94% in 2022, then rose 10.33% in 2024.
  • Oneok's Debt Ratio stood at 0.56 in 2022, then declined by 12.39% to 0.49 in 2023, then declined by 1.09% to 0.48 in 2024, then increased by 1.73% to 0.49 in 2025, then rose by 0.17% to 0.49 in 2026.
  • Business Quant data shows OKE's Debt Ratio at 0.49 in Q1 2026, 0.49 in Q4 2025, and 0.53 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 111.07 Bn 109.57 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.41
4 Energy Transfer 72.38 Bn 71.35 Bn 7.40 Bn 0.46
5 Tc Energy 65.96 Bn 58.40 Bn 1.24 Bn -
6 Oneok 60.08 Bn 59.92 Bn 2.81 Bn 0.48
7 Mplx 60.06 Bn 59.03 Bn 2.73 Bn 0.60
8 Targa Resources 59.31 Bn 59.18 Bn 2.14 Bn 0.69
9 Cheniere Energy 56.08 Bn 54.82 Bn 5.29 Bn 0.50
10 Venture Global 34.26 Bn 31.04 Bn 2.92 Bn 0.68

Historic Data

Download Data
DateValue
Jun 30, 2026 0.48
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