Oneok (OKE) Tax Rate (2009 - 2026)
Oneok (OKE) posted Tax Rate of 23.62% for Q2 2026, down 1.58% on a QoQ basis from 24.0% in Q1 2026, and up 26.0% year-over-year from 18.74% in Q2 2025.
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Analysis
Oneok (OKE) Tax Rate (2009 - 2026) Analysis & Trends
Oneok has reported Tax Rate for 18 years, with the latest figure at 23.62% in Q2 2026.
- On a quarterly basis, Tax Rate rose 26.0% year-over-year to 23.62% in Q2 2026; TTM through Jun 2026 was 23.35%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 22.9%, down 139.0% from the prior year.
- Tax Rate was 23.62% for Q2 2026 at Oneok, down from 24.0% 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.
- Average Tax Rate over 5 years is 23.65%, with a median of 23.77% recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Tax Rate tumbled 281 bps in 2025, then soared 181 bps in 2026.
- Over 5 years, Tax Rate stood at 22.77% in 2022, then grew by 7 bps to 24.4% in 2023, then climbed by 1 bps to 24.7% in 2024, then retreated by 11 bps to 21.88% in 2025, then rose by 8 bps to 23.62% in 2026.
- The last three Tax Rate figures came in at 23.62% (Q2 2026), 24.0% (Q1 2026), and 21.88% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.62% |
| Mar 31, 2026 | 24.00% |
| Dec 31, 2025 | 21.88% |
| Sep 30, 2025 | 24.01% |
| Jun 30, 2025 | 23.36% |
| Mar 31, 2025 | 22.18% |
| Dec 31, 2024 | 24.70% |
| Sep 30, 2024 | 24.01% |
| Jun 30, 2024 | 23.75% |
| Mar 31, 2024 | 24.56% |
| Dec 31, 2023 | 24.40% |
| Sep 30, 2023 | 23.70% |
| Jun 30, 2023 | 23.65% |
| Mar 31, 2023 | 23.93% |
| Dec 31, 2022 | 22.77% |
| Sep 30, 2022 | 23.40% |
| Jun 30, 2022 | 24.04% |
| Mar 31, 2022 | 23.78% |
| Dec 31, 2021 | 25.49% |
| Sep 30, 2021 | 23.72% |