Oneok (OKE) EV to EBITDA (2009 - 2026)
Oneok's (OKE) EV to EBITDA came in at 8.18 for Q3 2026, up 32.2% from 6.19 a year earlier and up 14.3% from the prior quarter.
Powered by 
Analysis
Oneok (OKE) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBITDA at Oneok was 8.12, up 34.2% year-over-year; for FY2025, it was 6.38, down 37.9% from FY2024.
- In prior years, Oneok's EV to EBITDA was 10.27 in FY2024 (+47.7%), 6.96 in FY2023 (-18.1%), 8.49 in FY2022 (+4.8%) and 8.10 in FY2021 (-5.0%).
- The Q3 2026 figure stands as the highest quarterly EV to EBITDA since Q1 2025.
- On a year-over-year basis, EV to EBITDA increased in two of the last eight quarters, with an average decline of 5.7%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2024, with growth of 60.0%; the weakest was Q4 2025, with a decline of 37.9%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 7.16 (Q2 2026), 7.62 (Q1 2026) and 6.38 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.18 |
| Jun 30, 2026 | 7.16 |
| Mar 31, 2026 | 7.62 |
| Dec 31, 2025 | 6.38 |
| Sep 30, 2025 | 6.19 |
| Jun 30, 2025 | 7.65 |
| Mar 31, 2025 | 9.77 |
| Dec 31, 2024 | 10.27 |
| Sep 30, 2024 | 9.45 |
| Jun 30, 2024 | 9.36 |
| Mar 31, 2024 | 10.38 |
| Dec 31, 2023 | 6.96 |
| Sep 30, 2023 | 6.54 |
| Jun 30, 2023 | 6.35 |
| Mar 31, 2023 | 6.49 |
| Dec 31, 2022 | 8.49 |
| Sep 30, 2022 | 6.88 |
| Jun 30, 2022 | 7.50 |
| Mar 31, 2022 | 9.82 |
| Dec 31, 2021 | 8.10 |
API Access
Oneok EV to EBITDA 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=ev-to-ebitda&ticker=OKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();