Oneok (OKE) Tax Rate (2009 - 2026)
Oneok (OKE) posted Tax Rate of 24.0% for Q1 2026, up 9.65% on a QoQ basis from 21.88% in Q4 2025, and up 181.0% year-on-year from 8.54% in Q1 2025.
Oneok (OKE) Tax Rate (2009 - 2026) Analysis & Trends
Oneok has disclosed Tax Rate across 18 years of filings, most recently posting 24.0% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.0%, up 181.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.27% (down 50.0% YoY), and the FY2025 annual result was 22.9%, down 139.0% from the prior year.
- Tax Rate came in at 24.0% for Q1 2026 at Oneok, up from 21.88% in the prior quarter.
- Over the last five years, Tax Rate for OKE reached as high as 24.7% in Q4 2024 and fell as low as 21.88% in Q4 2025.
- Median Tax Rate over the past 5 years was 23.78% (2022), compared with a mean of 23.65%.
- Year-over-year, Tax Rate tumbled 281 bps in 2025 and soared 181 bps in 2026.
- Over 5 years, 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 64.48% |
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% |