Oneok (OKE) Operating Income (2009 - 2026)
Oneok's (OKE) quarterly Operating Income came in at $1.4 billion in Q1 2026, up 17.05% year-on-year from $1.2 billion in Q1 2025, and down 6.79% quarter-over-quarter from $1.5 billion in Q4 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.
- On a quarterly basis, Operating Income rose 17.05% year-over-year to $1.4 billion in Q1 2026; TTM through Mar 2026 was $5.9 billion, a 15.63% increase from a year earlier, with the FY2025 full-year figure at $5.7 billion, up 15.07% from the prior year.
- Operating Income fell to $1.4 billion in Q1 2026 per OKE's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Operating Income topped out at $1.6 billion in Q4 2024 and bottomed at $662.0 million in Q1 2022.
- The 5-year median for Operating Income is $1.1 billion (2024), against an average of $1.1 billion.
- Across the five-year window, Operating Income soared 126.13% in 2023 and retreated 28.92% in 2024, its largest moves.
- Year by year, 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 1.21 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 |