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| Date | Value |
|---|---|
| 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% |