Oneok (OKE) Operating Income (2009 - 2026)

Oneok (OKE) recorded quarterly Operating Income of $1.4 billion in Q1 2026, down 6.79% quarter-over-quarter from $1.5 billion in Q4 2025, and up 17.05% on a YoY basis from $1.2 billion in Q1 2025.

Oneok (OKE) Operating Income (2009 - 2026) Analysis & Trends

Oneok's Operating Income history runs 18 years deep, the most recent figure standing at $1.4 billion for Q1 2026.

  • In Q1 2026, Operating Income rose 17.05% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 15.63% YoY), while the FY2025 annual figure was $5.7 billion, up 15.07% from the prior year.
  • Operating Income was $1.4 billion for Q1 2026 at Oneok, down from $1.5 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.6 billion in Q4 2024 to a low of $662.0 million in Q1 2022.
  • Historically, Operating Income has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Income jumped 126.13% in 2023, then declined 28.92% in 2024.
  • A 5-year view of Operating Income shows it stood at $756.0 million in 2022, then jumped by 45.37% to $1.1 billion in 2023, then surged by 42.68% to $1.6 billion in 2024, then declined by 2.3% to $1.5 billion in 2025, then dropped by 6.79% to $1.4 billion in 2026.
  • The last three Operating Income figures came in at $1.4 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.90 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 219.52 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.03 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn -3.49 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.43 Bn
Dec 31, 2025 1.53 Bn
Sep 30, 2025 1.56 Bn
Jun 30, 2025 1.43 Bn
Mar 31, 2025 1.22 Bn
Dec 31, 2024 1.57 Bn
Sep 30, 2024 1.13 Bn
Jun 30, 2024 1.23 Bn
Mar 31, 2024 1.06 Bn
Dec 31, 2023 1.10 Bn
Sep 30, 2023 739.00 Mn
Jun 30, 2023 737.00 Mn
Mar 31, 2023 1.50 Bn
Dec 31, 2022 756.00 Mn
Sep 30, 2022 700.00 Mn
Jun 30, 2022 689.00 Mn
Mar 31, 2022 662.00 Mn
Dec 31, 2021 651.91 Mn
Sep 30, 2021 667.86 Mn
Jun 30, 2021 611.51 Mn