ONEOK, Inc. OKE
88.63
(2.55)
(2.80%)
as of 25 Sep
- Market cap
- $57.5B
- P/E
- 15.3×
Follow OKE
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years,
Insider Buys
alert about insiders buying in the last 12 month
ONEOK, Inc. (OKE) Operating margin
ONEOK, Inc.'s operating margin over the twelve months to 30 June 2026 was 15.5%, down 1.6 percentage points from fiscal 2025 (17.1%). Over the past ten years it has ranged from 11.4% (fiscal 2017) to 23.0% (fiscal 2023); the current reading is higher than 73% of that period. That is below the Oil & Gas Midstream industry median of 32.1% and above the Energy sector median of 14.4%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 17.1% | (5.92) |
| FY2024 | 23.0% | (0.05) |
| FY2023 | 23.0% | 10.50 |
| FY2022 | 12.5% | (3.16) |
| FY2021 | 15.7% | (0.24) |
| FY2020 | 15.9% | (2.89) |
| FY2019 | 18.8% | 4.25 |
| FY2018 | 14.6% | 3.15 |
| FY2017 | 11.4% | (3.10) |
| FY2016 | 14.5% | 1.70 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 13.2% | (1.63) |
| Mar 2026 | 14.9% | (2.05) |
| Dec 2025 | 16.9% | (1.14) |
| Sep 2025 | 18.0% | (0.10) |
| 42 more quarters | Free account |
Against its own ten years
Low 11.4%
High 23.0%
Ten-year median
15.7%
Current reading's percentile
73
Operating margin against peers
| Company | Operating margin |
|---|---|
| TRP TC Energy Corporation compare | 53.9% |
| MPLX MPLX LP compare | 44.4% |
| WMB Williams Companies, Inc. (The) compare | 38.2% |
| LNG Cheniere Energy, Inc. compare | 29.9% |
| KMI Kinder Morgan, Inc. compare | 29.1% |
| TRGP Targa Resources, Inc. compare | 22.9% |
| OKE ONEOK, Inc. | 15.5% |
| EPD Enterprise Products Partners L.P. compare | 13.4% |
| ET Energy Transfer LP compare | 10.0% |
| Oil & Gas Midstream industry median | 32.1% |
| Energy sector median | 14.4% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on OKE
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement