Oneok (OKE) EBT Margin (2009 - 2026)
Oneok (OKE) posted EBT Margin of 10.51% for Q2 2026, down 3.60 percentage points from 14.11% a year earlier and down 0.11 percentage points from the prior quarter.
Oneok (OKE) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Oneok was 12.13%, down 3.04 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).
- The Q2 2026 figure stands as the lowest quarterly EBT Margin since Q3 2022.
- On a year-over-year basis, EBT Margin has declined in each of the last six quarters, with an average year-over-year change of -2.62 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 10.62% (Q1 2026), 13.81% (Q4 2025) and 14.33% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.22% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.88% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 10.51% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 69.92% |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 38.29% |
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% |
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();