Oneok (OKE) EBIT Margin (2009 - 2026)
Oneok (OKE) posted quarterly EBIT Margin of 14.85% for Q1 2026, down 32.0% year-over-year from 21.83% in Q1 2025, and down 12.15% quarter-over-quarter from 16.9% in Q4 2025.
Oneok (OKE) EBIT Margin (2009 - 2026) Analysis & Trends
Oneok's EBIT Margin history runs 18 years deep, the most recent figure standing at 14.85% for Q1 2026.
- In Q1 2026, EBIT Margin fell 32.0% year-over-year to 14.85%; the TTM figure through Mar 2026 stood at 16.9% (down 371.0% YoY), while the FY2025 annual figure was 17.07%, down 592.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 14.85%, down from 16.9% in the prior quarter.
- The five-year high for EBIT Margin was 33.11% in Q1 2023, with the low at 11.49% in Q2 2022.
- The 5-year median for EBIT Margin is 18.04% (2025), against an average of 18.67%.
- The sharpest annual moves came in 2023 and 2024: EBIT Margin jumped 2095 bps in 2023, then slumped 1086 bps in 2024.
- Oneok's EBIT Margin stood at 15.02% in 2022, then surged by 40 bps to 20.99% in 2023, then rose by 7 bps to 22.4% in 2024, then dropped by 25 bps to 16.9% in 2025, then dropped by 12 bps to 14.85% in 2026.
- Business Quant data shows OKE's EBIT Margin at 14.85% in Q1 2026, 16.9% in Q4 2025, and 18.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 29.84% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 13.22% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 41.61% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 74.84% |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 47.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.22% |
| Mar 31, 2026 | 14.85% |
| Dec 31, 2025 | 16.90% |
| Sep 30, 2025 | 18.04% |
| Jun 30, 2025 | 18.14% |
| Mar 31, 2025 | 15.17% |
| Dec 31, 2024 | 22.40% |
| Sep 30, 2024 | 22.46% |
| Jun 30, 2024 | 25.11% |
| Mar 31, 2024 | 22.25% |
| Dec 31, 2023 | 20.99% |
| Sep 30, 2023 | 17.64% |
| Jun 30, 2023 | 19.75% |
| Mar 31, 2023 | 33.11% |
| Dec 31, 2022 | 15.02% |
| Sep 30, 2022 | 11.84% |
| Jun 30, 2022 | 11.49% |
| Mar 31, 2022 | 12.16% |
| Dec 31, 2021 | 12.03% |
| Sep 30, 2021 | 14.72% |