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%
Market cap
$57.2B
P/E
16.1×
Fwd P/E
15.5×
Dividend yield
4.54%
F-score
5/9
Altman Z
1.43
Beneish M
−2.14
Dividend safety
34/100

ONEOK, Inc. (OKE) Revenue growth

Alert me on Revenue growth

ONEOK, Inc.'s revenue growth over the twelve months to 30 June 2026 was 40.8%, down 14.2 percentage points from fiscal 2025 (55.0%). Over the past ten years it has ranged from −36.3% (fiscal 2015) to 93.6% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Oil & Gas Midstream industry median of 15.6% and above the Energy sector median of 10.1%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 55.0% 32.24
FY2024 22.8% 43.79
FY2023 −21.0% (56.39)
FY2022 35.4% (58.28)
FY2021 93.6% 109.59
FY2020 −16.0% 3.33
FY2019 −19.3% (22.73)
FY2018 3.44% (33.02)
FY2017 36.5% 21.55
FY2016 14.9% 51.25

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 52.8% 33.19
Mar 2026 19.6% (9.92)
Dec 2025 29.5% (42.39)
Sep 2025 71.9% 10.73
42 more quarters

Against its own ten years

Low −36.3% High 93.6%
Ten-year median 14.9%
Current reading's percentile 91

Revenue growth against peers

Company Revenue growth
OKE ONEOK, Inc. 40.8%
ET Energy Transfer LP compare 33.3%
TRP TC Energy Corporation compare 24.0%
LNG Cheniere Energy, Inc. compare 17.5%
KMI Kinder Morgan, Inc. compare 12.5%
WMB Williams Companies, Inc. (The) compare 8.72%
MPLX MPLX LP compare 8.71%
EPD Enterprise Products Partners L.P. compare 6.78%
TRGP Targa Resources, Inc. compare −1.97%
Oil & Gas Midstream industry median 15.6%
Energy sector median 10.1%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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