Oneok (OKE) Debt to Equity (2009 - 2026)

Oneok (OKE) recorded quarterly Debt to Equity of $1.43 in Q1 2026, up 1.91% quarter-over-quarter from $1.4 in Q4 2025, and up 5.2% on a YoY basis from $1.36 in Q1 2025.

Oneok (OKE) Debt to Equity (2009 - 2026) Analysis & Trends

Oneok's Debt to Equity history runs 18 years deep, the most recent figure standing at $1.43 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 5.2% year-over-year to $1.43; the TTM figure through Mar 2026 stood at $1.43 (up 5.2% YoY), while the FY2025 annual figure was $1.4, changed 0.17% from the prior year.
  • Debt to Equity was $1.43 for Q1 2026 at Oneok, up from $1.4 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.28 in Q1 2022 to a low of $1.3 in Q2 2024.
  • Historically, Debt to Equity has averaged $1.63 across 5 years, with a median of $1.43 in 2026.
  • The sharpest annual moves came in 2023 and 2024: Debt to Equity sank 37.33% in 2023, then gained 23.72% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $2.1 in 2022, then tumbled by 37.33% to $1.31 in 2023, then rose by 6.62% to $1.4 in 2024, then retreated by 0.17% to $1.4 in 2025, then climbed by 1.91% to $1.43 in 2026.
  • The last three Debt to Equity figures came in at $1.43 (Q1 2026), $1.4 (Q4 2025), and $1.52 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 6.32

Historic Data

Download Data
DateValue
Mar 31, 2026 1.43
Dec 31, 2025 1.40
Sep 30, 2025 1.52
Jun 30, 2025 1.41
Mar 31, 2025 1.36
Dec 31, 2024 1.40
Sep 30, 2024 1.67
Jun 30, 2024 1.30
Mar 31, 2024 1.32
Dec 31, 2023 1.31
Sep 30, 2023 1.35
Jun 30, 2023 1.77
Mar 31, 2023 1.85
Dec 31, 2022 2.10
Sep 30, 2022 2.04
Jun 30, 2022 2.25
Mar 31, 2022 2.28
Dec 31, 2021 2.27
Sep 30, 2021 2.43
Jun 30, 2021 2.40