Oneok (OKE) EBT Margin (2009 - 2026)
Oneok (OKE) posted EBT Margin of 10.62% for Q1 2026, down 23.14% on a QoQ basis from 13.81% in Q4 2025, and down 43.0% year-on-year from 18.62% in Q1 2025.
Oneok (OKE) EBT Margin (2009 - 2026) Analysis & Trends
Oneok has disclosed EBT Margin across 18 years of filings, most recently posting 10.62% for Q1 2026.
- EBT Margin for Q1 2026 came in at 10.62%, down 43.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.13% (down 350.0% YoY), and the FY2025 annual result was 13.35%, down 559.0% from the prior year.
- EBT Margin came in at 10.62% for Q1 2026 at Oneok, down from 13.81% in the prior quarter.
- Over the last five years, EBT Margin for OKE reached as high as 30.5% in Q1 2023 and fell as low as 9.09% in Q2 2022.
- Median EBT Margin over the past 5 years was 14.2% (2023), compared with a mean of 15.22%.
- Year-over-year, EBT Margin surged 2108 bps in 2023 and slumped 1279 bps in 2024.
- Over 5 years, 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 10.58% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 26.68% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.55% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.60% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 14.93% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.38% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 10.62% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 16.00% |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 2.69% |
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% |