Oneok (OKE) EBITDA (2009 - 2026)
Oneok's EBITDA was $1.98 billion in Q2 2026, up 10.1% from $1.8 billion a year earlier and up 9.6% from the prior quarter.
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Analysis
Oneok (OKE) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Oneok's EBITDA was $7.64 billion through Jun 30, 2026, up 13.8% year-over-year; for FY2025, it came in at $7.26 billion, up 18.5% from FY2024.
- EBITDA has now increased for five consecutive years, with a five-year compound annual growth rate of 30.2% (FY2020 to FY2025).
- In earlier years, EBITDA was $6.12 billion in FY2024 (+26.5%), $4.84 billion in FY2023 (+41.0%), $3.43 billion in FY2022 (+6.7%) and $3.22 billion in FY2021 (+65.9%).
- The Q2 2026 figure marks the highest quarterly EBITDA in data going back to Q1 2009.
- Compared with a year earlier, EBITDA has increased for nine straight quarters, with growth averaging 24.7% over the last eight quarters.
- The best year-over-year quarter for EBITDA over five years was Q1 2023 (growth of 103.3%); the worst was Q1 2024 (a decline of 20.6%).
- Per Business Quant data, OKE's EBITDA in the three quarters before Q2 2026 was $1.81 billion (Q1 2026), $1.92 billion (Q4 2025) and $1.94 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 3.14 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 2.88 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 5.15 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.97 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 4.40 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 1.69 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.74 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.98 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.67 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 2.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 Bn |
| Mar 31, 2026 | 1.81 Bn |
| Dec 31, 2025 | 1.92 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Jun 30, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.60 Bn |
| Dec 31, 2024 | 1.91 Bn |
| Sep 30, 2024 | 1.40 Bn |
| Jun 30, 2024 | 1.49 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 916.00 Mn |
| Jun 30, 2023 | 907.00 Mn |
| Mar 31, 2023 | 1.66 Bn |
| Dec 31, 2022 | 913.00 Mn |
| Sep 30, 2022 | 857.00 Mn |
| Jun 30, 2022 | 847.00 Mn |
| Mar 31, 2022 | 816.00 Mn |
| Dec 31, 2021 | 805.33 Mn |
| Sep 30, 2021 | 822.40 Mn |
API Access
Oneok EBITDA 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=ebitda&ticker=OKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();