Growth Metrics

Oneok (OKE) Operating Margin (2016 - 2025)

Historic Operating Margin for Oneok (OKE) over the last 17 years, with Q3 2025 value amounting to 18.04%.

  • Oneok's Operating Margin fell 44100.0% to 18.04% in Q3 2025 from the same period last year, while for Sep 2025 it was 18.3%, marking a year-over-year decrease of 43700.0%. This contributed to the annual value of 22.99% for FY2024, which is 400.0% down from last year.
  • Per Oneok's latest filing, its Operating Margin stood at 18.04% for Q3 2025, which was down 44100.0% from 18.14% recorded in Q2 2025.
  • In the past 5 years, Oneok's Operating Margin registered a high of 33.11% during Q1 2023, and its lowest value of 11.49% during Q2 2022.
  • For the 5-year period, Oneok's Operating Margin averaged around 18.48%, with its median value being 18.04% (2025).
  • Its Operating Margin has fluctuated over the past 5 years, first soared by 247100bps in 2021, then plummeted by -108600bps in 2024.
  • Over the past 5 years, Oneok's Operating Margin (Quarter) stood at 12.03% in 2021, then increased by 25bps to 15.02% in 2022, then soared by 40bps to 20.99% in 2023, then increased by 7bps to 22.4% in 2024, then fell by -19bps to 18.04% in 2025.
  • Its Operating Margin stands at 18.04% for Q3 2025, versus 18.14% for Q2 2025 and 15.17% for Q1 2025.