Oneok (OKE) Tax Rate (2009 - 2026)
Oneok (OKE) reported Tax Rate of 23.62% for Q2 2026, up 0.26 percentage points from 23.36% a year earlier but down 0.38 percentage points from the prior quarter.
Oneok (OKE) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Oneok's Tax Rate came in at 23.35%, down 0.33 percentage points year-over-year; for FY2025, it came in at 22.90%, down 1.39 percentage points from FY2024.
- Tax Rate has a five-year change of -0.72 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 24.28% in FY2024 (+0.32 pp), 23.96% in FY2023 (+0.50 pp), 23.47% in FY2022 (-0.93 pp) and 24.40% in FY2021 (+0.78 pp).
- Five-year quarterly Tax Rate spans a low of 21.88% in Q4 2025 and a high of 25.49% in Q4 2021.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 1.88 percentage points); the low point was Q4 2025 (a drop of 2.81 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.00% (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 | 100.40 Bn | 97.94 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 0.64% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 7.12% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 23.33% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 22.61% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 0.18% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 9.13% |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 23.62% |
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% |
Oneok Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "OKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();