Oneok (OKE) Interest Coverage Ratio (2009 - 2026)
Oneok's (OKE) Interest Coverage Ratio stood at 3.67 in Q2 2026, up 12.3% from 3.27 a year earlier and up 12.8% from the prior quarter.
Oneok (OKE) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Oneok's Interest Coverage Ratio came in at 3.44 as of Jun 30, 2026, up 6.4% year-over-year; for FY2025, it came in at 3.22, down 11.5% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 3.64 in FY2024 (-22.6%), 4.70 in FY2023 (+13.2%), 4.15 in FY2022 (+17.2%) and 3.54 in FY2021 (+85.5%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q2 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with an average decline of 2.3%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 134.3% in Q1 2023, against a decline of 60.7% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.25 (Q1 2026), 3.38 (Q4 2025) and 3.46 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.86 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 4.77 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 3.67 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 14.95 |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 4.47 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.67 |
| Mar 31, 2026 | 3.25 |
| Dec 31, 2025 | 3.38 |
| Sep 30, 2025 | 3.46 |
| Jun 30, 2025 | 3.27 |
| Mar 31, 2025 | 2.76 |
| Dec 31, 2024 | 3.50 |
| Sep 30, 2024 | 3.47 |
| Jun 30, 2024 | 4.12 |
| Mar 31, 2024 | 3.55 |
| Dec 31, 2023 | 3.60 |
| Sep 30, 2023 | 3.44 |
| Jun 30, 2023 | 4.09 |
| Mar 31, 2023 | 9.02 |
| Dec 31, 2022 | 4.55 |
| Sep 30, 2022 | 4.19 |
| Jun 30, 2022 | 4.03 |
| Mar 31, 2022 | 3.85 |
| Dec 31, 2021 | 3.65 |
| Sep 30, 2021 | 3.63 |
Oneok Interest Coverage Ratio 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=interest-coverage-ratio&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();