Oneok (OKE) Tax Rate (2009 - 2026)

Oneok (OKE) posted quarterly Tax Rate of 24.0% for Q1 2026, up 181.0% year-over-year from 8.54% in Q1 2025, and up 9.65% quarter-over-quarter from 21.88% in Q4 2025.

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

Oneok's Tax Rate history runs 18 years deep, the most recent figure standing at 24.0% for Q1 2026.

  • In Q1 2026, Tax Rate rose 181.0% year-over-year to 24.0%; the TTM figure through Mar 2026 stood at 23.27% (down 50.0% YoY), while the FY2025 annual figure was 22.9%, down 139.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 24.0%, up from 21.88% in the prior quarter.
  • The five-year high for Tax Rate was 24.7% in Q4 2024, with the low at 21.88% in Q4 2025.
  • The 5-year median for Tax Rate is 23.78% (2022), against an average of 23.65%.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate tumbled 281 bps in 2025, then jumped 181 bps in 2026.
  • Oneok's Tax Rate stood at 22.77% in 2022, then advanced by 7 bps to 24.4% in 2023, then gained by 1 bps to 24.7% in 2024, then declined by 11 bps to 21.88% in 2025, then rose by 10 bps to 24.0% in 2026.
  • Business Quant data shows OKE's Tax Rate at 24.0% in Q1 2026, 21.88% in Q4 2025, and 24.01% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 23.33%
2 Enbridge 110.91 Bn 109.42 Bn 5.23 Bn 21.97%
3 Enterprise Products Partners 83.41 Bn 82.50 Bn - 0.64%
4 Energy Transfer 72.45 Bn 71.42 Bn 7.40 Bn 7.12%
5 Tc Energy 65.95 Bn 58.39 Bn 1.24 Bn 5.85%
6 Mplx 60.44 Bn 59.41 Bn 2.73 Bn 0.18%
7 Oneok 59.80 Bn 59.64 Bn 2.81 Bn 23.62%
8 Targa Resources 59.00 Bn 58.86 Bn 2.14 Bn 22.61%
9 Cheniere Energy 55.77 Bn 54.52 Bn 5.29 Bn 9.13%
10 Venture Global 34.04 Bn 30.82 Bn 2.92 Bn 19.17%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.62%
Jun 30, 2026 23.62%
Jun 30, 2026 23.62%
Mar 31, 2026 24.00%
Mar 31, 2026 24.00%
Mar 31, 2026 24.00%
Dec 31, 2025 21.88%
Dec 31, 2025 21.88%
Dec 31, 2025 21.88%
Sep 30, 2025 24.01%
Sep 30, 2025 24.01%
Sep 30, 2025 24.01%
Jun 30, 2025 23.36%
Jun 30, 2025 23.36%
Jun 30, 2025 23.36%
Mar 31, 2025 22.18%
Mar 31, 2025 22.18%
Mar 31, 2025 22.18%
Dec 31, 2024 24.70%
Dec 31, 2024 24.70%