Saturday 17 October 2026
Export OKE’s income statement to Excel — free account
ONEOK, Inc.
OKE Energy Oil & Gas Midstream
ONEOK, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.6 billion, up 55.0% from fiscal 2024. In the quarter to June 2026, revenue grew 52.8%, EPS grew 14.2%, free cash flow grew 85.6% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
93.39
2.74
+3.02%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
34.97 | 40.78 | 19.27 | 24.49 | 28.01 | 17.44 | 16.65 | 12.80 | 19.38 | 13.56 |
Piotroski F-Score |
6 | 7 | 6 | 5 | 5 | 6 | 7 | 6 | 5 | 5 |
Altman Z-Score |
— | — | — | — | — | — | 2.26 | 1.46 | 1.46 | 1.43 |
P/S ratio |
1.39 | 1.34 | 1.76 | 3.08 | 1.94 | 1.59 | 1.28 | 1.95 | 2.71 | 1.37 |
Altman Z″-Score (non-manufacturers) |
— | — | — | — | — | — | 1.03 | 1.25 | 1.11 | 1.05 |
P/FCF ratio |
16.45 | 20.25 | 490.66 | 0.00 | 0.00 | 14.19 | 16.79 | 12.17 | 20.47 | 18.77 |
Beneish M-Score |
(2.28) | (2.14) | (3.16) | (2.84) | (2.85) | (1.63) | (2.40) | (2.12) | (2.40) | (2.14) |
P/Operating CF |
28.77 | 42.85 | 33.12 | 50.48 | 20.79 | 24.87 | 27.51 | 22.81 | 36.43 | 29.70 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 34 |
P/B ratio |
3.62 | 2.86 | 3.37 | 5.03 | 2.74 | 4.36 | 4.41 | 2.09 | 2.65 | 2.03 |
Price to Tangible BV |
5.12 | 3.46 | 3.96 | 5.94 | 3.14 | 4.99 | 4.98 | 3.37 | 5.33 | 3.96 |
EV/Sales |
2.30 | 2.03 | 2.51 | 4.31 | 3.54 | 2.40 | 1.88 | 3.15 | 4.15 | 2.31 |
EV/EBITDA |
12.14 | 13.76 | 13.94 | 18.30 | 15.60 | 12.35 | 12.24 | 11.51 | 14.70 | 10.73 |
EV/Operating CF |
15.14 | 18.81 | 14.44 | 22.48 | 15.93 | 15.60 | 14.46 | 12.60 | 18.42 | 13.90 |
EV/FCF |
27.17 | 30.81 | 697.74 | (23.01) | (102.11) | 21.49 | 24.66 | 19.72 | 31.40 | 31.81 |
Quick Ratio |
0.40 | 0.46 | 0.39 | 0.42 | 1.01 | 0.50 | 0.57 | 0.59 | 0.65 | 0.49 |
Current Ratio |
0.50 | 0.66 | 0.66 | 0.73 | 1.39 | 0.75 | 0.84 | 0.90 | 0.90 | 0.71 |
Net Debt/EBITDA |
4.79 | 4.72 | 4.14 | 5.21 | 7.07 | 4.19 | 3.90 | 4.41 | 5.12 | 4.40 |
Debt/Assets |
51.62% | 50.60% | 51.45% | 57.25% | 61.68% | 57.76% | 55.87% | 48.95% | 50.07% | 48.01% |
Debt/Equity |
2.43 | 1.50 | 1.43 | 2.01 | 2.36 | 2.27 | 2.10 | 1.31 | 1.45 | 1.42 |
Asset Turnover |
0.56 | 0.74 | 0.72 | 0.51 | 0.38 | 0.71 | 0.93 | 0.52 | 0.40 | 0.51 |
Operating CF/Net income |
3.84 | 3.40 | 1.90 | 1.52 | 3.10 | 1.70 | 1.69 | 1.66 | 1.61 | 1.65 |
Capex/Depreciation |
(1.53) | (1.26) | (5.00) | (8.08) | (3.79) | (1.12) | (1.92) | (2.07) | (1.78) | (2.08) |
Interest Coverage |
2.76 | 2.87 | 3.91 | 3.89 | 1.91 | 3.54 | 4.15 | 4.70 | 3.64 | 3.22 |
| 9.79% | 8.49% | 18.76% | 19.95% | 9.97% | 24.86% | 27.52% | 23.14% | 15.71% | 15.18% | |
| 2.23% | 2.35% | 6.56% | 6.38% | 2.73% | 6.42% | 7.17% | 7.74% | 5.60% | 5.19% | |
ROIC |
7.04% | 6.14% | 7.19% | 6.40% | 4.31% | 8.32% | 8.82% | 6.73% | 5.83% | 6.59% |
Return on Tangible Assets |
3.15% | 3.28% | 8.19% | 7.18% | 3.11% | 8.10% | 8.85% | 8.22% | 6.67% | 7.38% |
Average Days of Receivables |
35.70 | 36.07 | 23.74 | 29.99 | 35.46 | 31.82 | 24.98 | 35.21 | 39.13 | 32.67 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
8.37% | 6.76% | 7.20% | 9.67% | 10.37% | 6.45% | 5.13% | 8.68% | 11.50% | 8.81% |
Intangible Assets out of Total Assets |
0.06 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.14 | 0.17 | 0.16 |
Share Based Compensation of Revenue |
0.45% | 0.22% | 0.25% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.91) | (0.58) | (0.46) | (0.45) | (0.92) | (0.58) | (0.54) | (0.72) | (0.64) | (0.86) |
Graham Number |
24.78 | 24.00 | 31.74 | 32.35 | 20.79 | 31.96 | 35.41 | 65.19 | 66.43 | 66.37 |
Earnings Yield |
2.86% | 2.45% | 5.19% | 4.08% | 3.57% | 5.74% | 6.01% | 7.81% | 5.16% | 7.37% |
Free Cash Flow Yield |
6.08% | 4.94% | 0.20% | (6.08%) | (1.79%) | 7.05% | 5.96% | 8.22% | 4.88% | 5.33% |
Revenue per Share |
42.25 | 40.92 | 30.60 | 24.58 | 19.81 | 37.05 | 50.03 | 36.50 | 37.12 | 53.82 |
Operating CF per Share |
6.41 | 4.42 | 5.31 | 4.71 | 4.41 | 5.70 | 6.49 | 9.13 | 8.36 | 8.96 |
Capex per Share |
(2.84) | (1.72) | (5.20) | (9.31) | (5.09) | (1.56) | (2.69) | (3.29) | (3.46) | (5.04) |
Free Cash Flow per Share |
3.57 | 2.70 | 0.11 | (4.60) | (0.69) | 4.14 | 3.81 | 5.84 | 4.90 | 3.92 |
Cash per Share |
1.18 | 0.13 | 0.03 | 0.05 | 1.22 | 0.33 | 0.49 | 0.70 | 1.25 | 0.12 |
Shareholders Equity per Share |
16.24 | 19.11 | 15.99 | 15.05 | 14.02 | 13.47 | 14.51 | 34.04 | 37.86 | 36.12 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
16.24 | 19.11 | 15.99 | 15.05 | 14.02 | 13.47 | 14.51 | 34.04 | 37.86 | 36.12 |
Free Cash Flow |
754.01 | 803.02 | 45.24 | (1,901.57) | (296.31) | 1,849.00 | 1,704.00 | 2,826.00 | 2,867.00 | 2,447.00 |
Working Capital |
(1,407.02) | (902.88) | (709.80) | (549.96) | 525.23 | (810.24) | (503.00) | (344.00) | (481.00) | (1,877.00) |
Capital Expenditures |
(599.21) | (512.39) | (2,141.47) | (3,848.35) | (2,195.38) | (697.00) | (1,202.00) | (1,595.00) | (2,021.00) | (3,152.00) |
Net Current Asset Value |
(11,280.15) | (9,396.12) | (10,253.50) | (14,115.84) | (15,166.57) | (15,232.08) | (15,337.00) | (24,674.00) | (37,698.00) | (39,584.00) |
EV/EBIT |
15.81 | 17.78 | 17.20 | 22.86 | 22.23 | 15.30 | 14.97 | 13.68 | 18.05 | 13.56 |
Capex to Sales |
0.07 | 0.04 | 0.17 | 0.38 | 0.26 | 0.04 | 0.05 | 0.09 | 0.09 | 0.09 |
Price to Operating Income |
9.57 | 11.68 | 12.09 | 16.35 | 12.15 | 10.10 | 10.19 | 8.45 | 11.76 | 8.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 |
Cash ROIC |
6.28% | 5.64% | 0.28% | (10.15%) | (1.42%) | 9.34% | 8.38% | 7.34% | 5.22% | 4.48% |
Accounts Receivable Turnover |
12.17 | 11.73 | 12.46 | 12.29 | 10.26 | 14.56 | 15.06 | 10.92 | 10.77 | 12.60 |
Accounts Payable Turnover |
8.72 | 9.47 | 8.35 | 5.84 | 5.30 | 11.95 | 13.31 | 8.16 | 7.10 | 9.30 |
Inventory Turnover |
32.02 | 30.11 | 21.65 | 14.37 | 11.64 | 25.75 | 30.83 | 19.56 | 19.19 | 27.56 |
Average Days of Payables |
49.15 | 43.65 | 43.24 | 65.06 | 51.38 | 39.68 | 27.70 | 47.85 | 59.97 | 44.32 |
Days of Inventory on Hand |
11.29 | 16.55 | 16.96 | 27.24 | 26.50 | 17.30 | 11.84 | 19.55 | 20.51 | 14.80 |
Average Receivables |
733.20 | 1,037.69 | 1,010.95 | 827.04 | 832.46 | 1,135.79 | 1,486.89 | 1,618.50 | 2,015.50 | 2,668.00 |
Average Payables |
745.36 | 1,007.65 | 1,128.45 | 1,163.12 | 964.60 | 1,025.85 | 1,345.70 | 1,461.50 | 1,875.50 | 2,512.50 |
Average Inventory |
202.86 | 316.77 | 435.22 | 472.26 | 438.83 | 475.94 | 580.95 | 610.00 | 693.50 | 848.00 |
Average Assets |
15,792.43 | 16,492.35 | 17,538.81 | 20,021.90 | 22,445.44 | 23,350.18 | 24,000.31 | 34,322.50 | 54,167.50 | 65,355.00 |
Average Common Equity |
3,597.63 | 4,557.13 | 6,132.45 | 6,402.75 | 6,134.17 | 6,028.78 | 6,254.58 | 11,489.00 | 19,308.50 | 22,351.00 |
Columns are period end dates