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| Date | Value |
|---|---|
| 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 |