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