Oneok (OKE) Operating Income (2009 - 2026)
Oneok (OKE) posted Operating Income of $1.4 billion for Q1 2026, down 6.79% on a QoQ basis from $1.5 billion in Q4 2025, and up 17.05% year-on-year from $1.2 billion in Q1 2025.
Oneok (OKE) Operating Income (2009 - 2026) Analysis & Trends
Oneok has disclosed Operating Income across 18 years of filings, most recently posting $1.4 billion for Q1 2026.
- Operating Income for Q1 2026 came in at $1.4 billion, up 17.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.9 billion (up 15.63% YoY), and the FY2025 annual result was $5.7 billion, up 15.07% from the prior year.
- Operating Income came in at $1.4 billion for Q1 2026 at Oneok, down from $1.5 billion in the prior quarter.
- Over the last five years, Operating Income for OKE reached as high as $1.6 billion in Q4 2024 and fell as low as $662.0 million in Q1 2022.
- Median Operating Income over the past 5 years was $1.1 billion (2024), compared with a mean of $1.1 billion.
- Year-over-year, Operating Income surged 126.13% in 2023 and fell 28.92% in 2024.
- Over 5 years, Operating Income 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.
- Per Business Quant, the three latest OKE Operating Income figures stand at $1.4 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 846.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 361.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.15 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 405.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |