Oneok (OKE) EBIT Margin (2009 - 2026)
Oneok (OKE) posted EBIT Margin of 12.59% for Q3 2026, down 5.46 percentage points from 18.04% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Oneok (OKE) EBIT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBIT Margin at Oneok was 14.17%, down 4.13 percentage points year-over-year; for FY2025, it was 17.07%, down 5.92 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of +1.13 percentage points (FY2020 to FY2025).
- In prior years, Oneok's EBIT Margin was 22.99% in FY2024 (-0.04 pp), 23.04% in FY2023 (+10.50 pp), 12.54% in FY2022 (-3.16 pp) and 15.70% in FY2021 (-0.24 pp).
- The Q3 2026 figure stands as the lowest quarterly EBIT Margin since Q3 2022.
- On a year-over-year basis, EBIT Margin has declined in each of the last seven quarters, with an average year-over-year change of -4.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q1 2023, with a gain of 20.95 percentage points; the weakest was Q1 2024, with a drop of 10.86 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 13.22% (Q2 2026), 14.85% (Q1 2026) and 16.90% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 11.09% |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 35.25% |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 25.60% |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 7.50% |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 31.02% |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 19.58% |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 40.94% |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | 12.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.59% |
| 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% |
API Access
Oneok EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=OKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "OKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();