Oneok (OKE) Tax Rate (2009 - 2026)

Oneok's (OKE) quarterly Tax Rate came in at 24.0% in Q1 2026, up 181.0% year-on-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.

  • On a quarterly basis, Tax Rate rose 181.0% year-over-year to 24.0% in Q1 2026; TTM through Mar 2026 was 23.27%, a 50.0% decrease from a year earlier, with the FY2025 full-year figure at 22.9%, down 139.0% from the prior year.
  • Tax Rate grew to 24.0% in Q1 2026 per OKE's latest filing, from 21.88% in the prior quarter.
  • Across five years, Tax Rate topped out at 24.7% in Q4 2024 and bottomed at 21.88% in Q4 2025.
  • The 5-year median for Tax Rate is 23.78% (2022), against an average of 23.65%.
  • Across the five-year window, Tax Rate plunged 281 bps in 2025 and jumped 181 bps in 2026, its largest moves.
  • Year by year, 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.11%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 24.70%
Sep 30, 2024 24.01%
Sep 30, 2024 24.01%