Oneok (OKE) EBT Margin (2009 - 2026)
Oneok (OKE) recorded quarterly EBT Margin of 10.62% in Q1 2026, down 23.14% quarter-over-quarter from 13.81% in Q4 2025, and down 43.0% on a YoY basis from 18.62% in Q1 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.
- In Q1 2026, EBT Margin fell 43.0% year-over-year to 10.62%; the TTM figure through Mar 2026 stood at 13.13% (down 350.0% YoY), while the FY2025 annual figure was 13.35%, down 559.0% from the prior year.
- EBT Margin was 10.62% for Q1 2026 at Oneok, down from 13.81% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 30.5% in Q1 2023 to a low of 9.09% in Q2 2022.
- Historically, EBT Margin has averaged 15.22% across 5 years, with a median of 14.2% in 2023.
- The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 2108 bps in 2023, then tumbled 1279 bps in 2024.
- A 5-year view of EBT Margin shows it 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.
- The last three EBT Margin figures came in at 10.62% (Q1 2026), 13.81% (Q4 2025), and 14.33% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 10.58% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.55% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 26.68% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.60% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.38% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 14.93% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 10.62% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 34.17% |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -63.96% |
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% |