Oneok Inc (OKE) Financial Statements
Industry: Natural Gas Transmisison & Distribution
In fiscal 2025, Oneok reported revenue of $33.63B, up 55.0% from $21.70B the year before. Net income was $3.39B (a 10.1% net margin), or $5.42 per diluted share. Gross margin was 30.5% and operating margin was 17.1%. Operating activities generated $5.60B of cash, leaving $2.45B of free cash flow. At fiscal year end, Oneok held $66.64B in total assets against $44.16B in total liabilities, including $78.0M of cash and equivalents.
Open the full interactive Oneok financials → Quarterly statements, key ratios, valuation history and price charts.
Oneok Key Stats
| Share Price | $93.38 |
|---|---|
| Market Cap | $59.02B |
| P/E Ratio | 17.2 |
| Dividend Yield | 4.48% |
| Revenue YoY Growth | +55.0% |
| 52-Week Range | $61.95 – $97.51 |
| Shares Outstanding | 630.9 million (basic, 2026 Q2) |
Oneok Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.54B | $16.54B | $22.39B | $17.68B | $21.70B | $33.63B |
| Cost of Goods Sold | $5.11B | $12.26B | $17.91B | $11.93B | $13.31B | $23.37B |
| Gross Profit | $3.43B | $4.28B | $4.48B | $5.75B | $8.39B | $10.26B |
| Operating Income | $1.36B | $2.60B | $2.81B | $4.07B | $4.99B | $5.74B |
| Pre-Tax Income | $802.3M | $1.98B | $2.25B | $3.50B | $4.11B | $4.49B |
| Income Tax | $189.5M | $484.5M | $527.4M | $838.0M | $998.0M | $1.03B |
| Net Income | $612.8M | $1.50B | $1.72B | $2.66B | $3.04B | $3.39B |
| Diluted EPS | $1.42 | $3.35 | $3.84 | $5.48 | $5.17 | $5.42 |
Oneok Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $8.63B | $9.06B | $9.62B | $12.05B |
| Net Income | $939.0M | $977.0M | $774.0M | $966.0M |
| Diluted EPS | $1.49 | $1.56 | $1.23 | $1.53 |
Oneok Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $524.5M | $146.4M | $220.2M | $338.0M | $733.0M | $78.0M |
| Current Assets | $1.87B | $2.37B | $2.55B | $3.11B | $4.24B | $4.49B |
| Total Assets | $23.08B | $23.62B | $24.38B | $44.27B | $64.07B | $66.64B |
| Current Liabilities | $1.34B | $3.18B | $3.05B | $3.45B | $4.72B | $6.37B |
| Total Long-Term Debt | $14.24B | $13.64B | $13.62B | $21.67B | $32.08B | $32.00B |
| Total Liabilities | $17.04B | $17.61B | $17.89B | $27.78B | $47.03B | $44.16B |
| Shareholders' Equity | $6.04B | $6.02B | $6.49B | $16.48B | $17.04B | $22.48B |
Oneok Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.90B | $2.55B | $2.91B | $4.42B | $4.89B | $5.60B |
| Cash From Investing | -$2.27B | -$665.3M | -$1.14B | -$6.40B | -$6.61B | -$3.75B |
| Cash From Financing | $875.0M | -$2.26B | -$1.69B | $2.10B | $2.12B | -$2.50B |
| Free Cash Flow | -$296.3M | $1.85B | $1.70B | $2.83B | $2.87B | $2.45B |
| Dividends Paid | $1.61B | $1.67B | $1.67B | $1.84B | $2.31B | $2.58B |
Figures from Oneok's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Oneok financials page for every line item.
Oneok Company Profile
| Ticker | OKE |
|---|---|
| Exchange | NYSE |
| Industry | Natural Gas Transmisison & Distribution |
| Headquarters | Tulsa, Oklahoma |
| Incorporated in | Oklahoma |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001039684 |
Frequently Asked Questions
What was Oneok's revenue in fiscal 2025?
Oneok (OKE) reported revenue of $33.63B for fiscal 2025.
What is Oneok's annual revenue history?
Oneok's annual revenue by fiscal year: 2020: $8.54B; 2021: $16.54B; 2022: $22.39B; 2023: $17.68B; 2024: $21.70B; 2025: $33.63B.
What was Oneok's net income in fiscal 2025?
Oneok reported net income of $3.39B for fiscal 2025.
What was Oneok's earnings per share (EPS) in fiscal 2025?
Oneok's diluted EPS was $5.42 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Oneok generate in fiscal 2025?
Oneok generated $2.45B of free cash flow in fiscal 2025.
What was Oneok's revenue last quarter?
In its most recent reported quarter (2026 Q2), Oneok reported revenue of $12.05B.
How much debt does Oneok have?
Oneok reported $32.00B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Oneok are outstanding?
Oneok reported a weighted average of 630.9 million basic shares outstanding in 2026 Q2.
What is Oneok's market cap?
Based on its latest closing price, Oneok (OKE) has a market capitalization of about $59.02B.
When does Oneok's fiscal year end?
Oneok's fiscal year end, as registered with the SEC, is December 31.
Where is Oneok headquartered?
Oneok lists its business address in Tulsa, Oklahoma in its SEC filings.