Oneok (OKE) EV to EBITDA (2009 - 2026)
Oneok's (OKE) EV to EBITDA came in at 7.16 for Q2 2026, down 6.4% from 7.65 a year earlier and down 5.9% from the prior quarter.
Oneok (OKE) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Oneok was 6.97, down 6.2% 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%).
- Quarterly EV to EBITDA has run from a low of 6.19 in Q3 2025 to a high of 10.38 in Q1 2024 over five years.
- On a year-over-year basis, EV to EBITDA has declined in each of the last six quarters, with an average decline of 4.1% over the last eight quarters.
- 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 7.62 (Q1 2026), 6.38 (Q4 2025) and 6.19 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 105.12 Bn | 100.72 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.62 Bn | 88.34 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.53 Bn | 77.92 Bn | - |
| 4 | Kinder Morgan | 76.13 Bn | 75.83 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn |
| 6 | Tc Energy | 65.12 Bn | 61.21 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.85 Bn | 63.33 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 60.02 Bn | 54.85 Bn | 5.29 Bn |
| 9 | Mplx | 59.45 Bn | 53.01 Bn | 2.91 Bn |
| 10 | Oneok | 59.22 Bn | 57.61 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 8.26 |
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_KEY
import 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();