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| 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 |