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.

Revenue
+44.3%
EPS
+47.2%
Free cash flow
−46.1%
Total debt
−15.7%

Quarter to September 2026, against a year earlier

86.62 1.98 −2.23%
Market cap
$54.4B
P/E
13.3×
Fwd P/E
15.2×
Dividend yield
4.94%
F-score
5/9
Altman Z
1.43
Beneish M
−2.14
Dividend safety
34/100

ONEOK, Inc. (OKE) EBITDA

Alert me on EBITDA

ONEOK, Inc.'s EBITDA for fiscal 2025 was $7.3B, up 18.5% from $6.1B in fiscal 2024. Over the twelve months to 30 September 2026 it was $7.7B. Over the past ten years it has ranged from $1.4B (fiscal 2015) to $7.3B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 5 consecutive fiscal years. ONEOK, Inc. ranks 6th of 55 Oil & Gas Midstream companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $7.3B 18.49%
FY2024 $6.1B 26.48%
FY2023 $4.8B 41.01%
FY2022 $3.4B 6.68%
FY2021 $3.2B 65.87%
FY2020 $1.9B (18.86%)
FY2019 $2.4B 5.60%
FY2018 $2.3B 25.91%
FY2017 $1.8B 6.56%
FY2016 $1.7B 24.92%

Quarterly newest first

Period EBITDA Change
Sep 2026 $2.0B (0.86%)
Jun 2026 $2.0B 9.63%
Mar 2026 $1.8B (5.94%)
Dec 2025 $1.9B (0.83%)
43 more quarters

Against its own ten years

Low $1.4B High $7.3B
Ten-year median $2.4B
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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