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