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