Oneok (OKE) EBT Margin (2009 - 2026)
Oneok (OKE) posted EBT Margin of 10.51% for Q2 2026, down 1.02% on a QoQ basis from 10.62% in Q1 2026, and down 360.0% year-over-year from 4.04% in Q2 2025.
Analysis
Oneok (OKE) EBT Margin (2009 - 2026) Analysis & Trends
Oneok has reported EBT Margin for 18 years, with the latest figure at 10.51% in Q2 2026.
- On a quarterly basis, EBT Margin fell 360.0% year-over-year to 10.51% in Q2 2026; TTM through Jun 2026 was 12.13%, a 304.0% decrease from a year earlier, with the FY2025 full-year figure at 13.35%, down 559.0% from the prior year.
- EBT Margin was 10.51% for Q2 2026 at Oneok, down from 10.62% in the prior quarter.
- The five-year high for EBT Margin was 30.5% in Q1 2023, with the low at 9.09% in Q2 2022.
- Average EBT Margin over 5 years is 14.96%, with a median of 14.16% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT Margin surged 2108 bps in 2023, then slumped 1279 bps in 2024.
- Over 5 years, EBT Margin stood at 12.48% in 2022, then surged by 39 bps to 17.38% in 2023, then gained by 9 bps to 18.97% in 2024, then decreased by 27 bps to 13.81% in 2025, then slipped by 24 bps to 10.51% in 2026.
- The last three EBT Margin figures came in at 10.51% (Q2 2026), 10.62% (Q1 2026), and 13.81% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 11.33% |