Oneok (OKE) EBT Margin (2009 - 2026)
Oneok (OKE) posted EBT Margin of 10.90% for Q3 2026, down 3.42 percentage points from 14.33% a year earlier but up 0.40 percentage points from the prior quarter.
Oneok (OKE) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBT Margin at Oneok was 11.34%, down 3.13 percentage points year-over-year; for FY2025, it was 13.35%, down 5.59 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +3.96 percentage points (FY2020 to FY2025).
- In prior years, Oneok's EBT Margin was 18.94% in FY2024 (-0.84 pp), 19.78% in FY2023 (+9.73 pp), 10.05% in FY2022 (-1.94 pp) and 12.00% in FY2021 (+2.60 pp).
- Quarterly EBT Margin has run from a low of 9.09% in Q2 2022 to a high of 30.50% in Q1 2023 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last seven quarters, with an average year-over-year change of -3.54 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q1 2023, with a gain of 21.08 percentage points; the weakest was Q1 2024, with a drop of 12.79 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 10.51% (Q2 2026), 10.62% (Q1 2026) and 13.81% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 6.86% |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 30.65% |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 9.22% |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 21.63% |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 5.39% |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 26.79% |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 15.20% |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 32.62% |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 10.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.90% |
| Jun 30, 2026 | 10.51% |
| Mar 31, 2026 | 10.62% |
| Dec 31, 2025 | 13.81% |
| Sep 30, 2025 | 14.33% |
| Jun 30, 2025 | 14.11% |
| Mar 31, 2025 | 11.04% |
| Dec 31, 2024 | 18.97% |
| Sep 30, 2024 | 18.16% |
| Jun 30, 2024 | 20.90% |
| Mar 31, 2024 | 17.72% |
| Dec 31, 2023 | 17.38% |
| Sep 30, 2023 | 14.20% |
| Jun 30, 2023 | 16.43% |
| Mar 31, 2023 | 30.50% |
| Dec 31, 2022 | 12.48% |
| Sep 30, 2022 | 9.54% |
| Jun 30, 2022 | 9.09% |
| Mar 31, 2022 | 9.42% |
| Dec 31, 2021 | 9.40% |
Oneok EBT 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=ebt-margin&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();