Oneok (OKE) Tax Rate (2009 - 2026)

Oneok (OKE) recorded quarterly Tax Rate of 24.0% in Q1 2026, up 9.65% quarter-over-quarter from 21.88% in Q4 2025, and up 181.0% on a YoY basis from 8.54% in Q1 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 was 24.0% for Q1 2026 at Oneok, up from 21.88% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.7% in Q4 2024 to a low of 21.88% in Q4 2025.
  • Historically, Tax Rate has averaged 23.65% across 5 years, with a median of 23.78% in 2022.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 281 bps in 2025, then surged 181 bps in 2026.
  • A 5-year view of Tax Rate shows it 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.
  • The last three Tax Rate figures came in at 24.0% (Q1 2026), 21.88% (Q4 2025), and 24.01% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 1.45%
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 22.28%
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 0.11%
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 20.27%
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 24.00%
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 10.04%
10 Cheniere Energy 49.81 Bn 52.01 Bn 5.86 Bn 9.09%

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%