Oneok (OKE) Tax Rate (2009 - 2026)

Oneok (OKE) posted Tax Rate of 24.0% for Q1 2026, up 9.65% on a QoQ basis from 21.88% in Q4 2025, and up 181.0% year-on-year from 8.54% in Q1 2025.

Oneok (OKE) Tax Rate (2009 - 2026) Analysis & Trends

Oneok has disclosed Tax Rate across 18 years of filings, most recently posting 24.0% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.0%, up 181.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.27% (down 50.0% YoY), and the FY2025 annual result was 22.9%, down 139.0% from the prior year.
  • Tax Rate came in at 24.0% for Q1 2026 at Oneok, up from 21.88% in the prior quarter.
  • Over the last five years, Tax Rate for OKE reached as high as 24.7% in Q4 2024 and fell as low as 21.88% in Q4 2025.
  • Median Tax Rate over the past 5 years was 23.78% (2022), compared with a mean of 23.65%.
  • Year-over-year, Tax Rate tumbled 281 bps in 2025 and soared 181 bps in 2026.
  • Over 5 years, Tax Rate stood at 22.77% in 2022, then climbed by 7 bps to 24.4% in 2023, then advanced by 1 bps to 24.7% in 2024, then fell by 11 bps to 21.88% in 2025, then gained by 10 bps to 24.0% in 2026.
  • Per Business Quant, the three latest OKE Tax Rate figures stand at 24.0% (Q1 2026), 21.88% (Q4 2025), and 24.01% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 64.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.00%
Mar 31, 2026 24.00%
Dec 31, 2025 21.88%
Dec 31, 2025 21.88%
Sep 30, 2025 24.01%
Sep 30, 2025 24.01%
Jun 30, 2025 23.36%
Jun 30, 2025 23.36%
Mar 31, 2025 22.18%
Mar 31, 2025 22.18%
Dec 31, 2024 24.70%
Dec 31, 2024 24.70%
Sep 30, 2024 24.01%
Sep 30, 2024 24.01%
Jun 30, 2024 23.75%
Jun 30, 2024 23.75%
Mar 31, 2024 24.56%
Mar 31, 2024 24.56%
Dec 31, 2023 24.40%
Dec 31, 2023 24.40%