Oneok (OKE) EBT Margin (2009 - 2026)
Oneok's (OKE) quarterly EBT Margin came in at 10.62% in Q1 2026, down 43.0% year-on-year from 18.62% in Q1 2025, and down 23.14% quarter-over-quarter from 13.81% in Q4 2025.
Oneok (OKE) EBT Margin (2009 - 2026) Analysis & Trends
Oneok's EBT Margin history runs 18 years deep, the most recent figure standing at 10.62% for Q1 2026.
- On a quarterly basis, EBT Margin fell 43.0% year-over-year to 10.62% in Q1 2026; TTM through Mar 2026 was 13.13%, a 350.0% decrease from a year earlier, with the FY2025 full-year figure at 13.35%, down 559.0% from the prior year.
- EBT Margin declined to 10.62% in Q1 2026 per OKE's latest filing, from 13.81% in the prior quarter.
- Across five years, EBT Margin topped out at 30.5% in Q1 2023 and bottomed at 9.09% in Q2 2022.
- The 5-year median for EBT Margin is 14.2% (2023), against an average of 15.22%.
- Across the five-year window, EBT Margin soared 2108 bps in 2023 and tumbled 1279 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 12.48% in 2022, then jumped by 39 bps to 17.38% in 2023, then rose by 9 bps to 18.97% in 2024, then retreated by 27 bps to 13.81% in 2025, then retreated by 23 bps to 10.62% in 2026.
- Per Business Quant, the three latest OKE EBT Margin figures stand at 10.62% (Q1 2026), 13.81% (Q4 2025), and 14.33% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.39% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 24.28% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 26.04% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 10.58% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.55% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 73.18% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 7.60% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 14.93% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 10.62% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 39.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 11.33% |
| Jun 30, 2021 | 13.34% |