OKE
ONEOK Inc.Stock · EnergyS&P 500 Equal Weight 0.2% · S&P 500 0.08% · Russell 1000 0.08% · US Stock Market 0.08% · Russell 3000 0.08% · MSCI ACWI 0.06% · MSCI World 0.06%$96.62+0.94%
as of market close, Sep 11, 2026
☾ AH — —
OKE financial statements
The full income statement, balance sheet, and cash-flow statement for ONEOK Inc. (OKE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 584.1M2024-09 584.2M2024-12 624.3M2025-03 624.6M2025-06 629.8M2025-09 629.2M2025-12 629.8M2026-03 630.0M2026-06 630.4M+7.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 33.6B+55.0% | 21.7B+22.7% | 17.7B-21.0% | 22.4B+35.4% | 16.5B+93.6% | |
| Cost of revenue | 23.4B+75.6% | 13.3B+11.6% | 11.9B-33.4% | 17.9B+46.1% | 12.3B+139.9% | |
| Amortization of intangibles | 138M+122.6% | 62.0M+87.9% | 33.0M+230.0% | 10.0M+0.0% | 10.0M-7.4% | |
| Operating income | 5.74B+15.1% | 4.99B+22.5% | 4.07B+45.1% | 2.81B+8.1% | 2.60B+90.7% | |
| Interest expense | 1.78B+30.1% | 1.37B+58.3% | 866M+28.1% | 676M-7.8% | 733M+2.8% | |
| Other non-operating income | 146M+175.5% | 53.0M-40.4% | 89.0M+406.9% | -29.0M-2800.0% | -1.00M-104.1% | |
| Equity-method income | 386M-12.1% | 439M+117.3% | 202M+36.5% | 148M+21.3% | 122M-14.8% | |
| Pre-tax income | 4.49B+9.2% | 4.11B+17.5% | 3.50B+55.4% | 2.25B+13.4% | 1.98B+147.3% | |
| Income tax | 1.03B+3.0% | 998M+19.1% | 838M+58.7% | 528M+9.1% | 484M+155.4% | |
| 3.39B+11.8% | 3.04B+14.1% | 2.66B+54.4% | 1.72B+14.8% | 1.50B+144.8% | ||
| Net income to non-controlling interest | 69.0M-10.4% | 77.0M | 0.00 | 0.00 | — | |
| Preferred dividends | 0.00-100.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M-9.1% | |
| Net income to common | 3.39B+11.8% | 3.03B+14.1% | 2.66B+54.4% | 1.72B+14.8% | 1.50B+145.1% | |
| $5.42+4.8% | $5.17-5.7% | $5.48+42.7% | $3.84+14.6% | $3.35+135.9% | ||
| EPS (basic) | $5.43+4.6% | $5.19-5.5% | $5.49+42.6% | $3.85+14.6% | $3.36+136.6% | |
| Weighted-avg shares (basic) | 625M+6.9% | 585M+20.7% | 484M+8.2% | 448M+0.2% | 446M+3.5% | |
| Weighted-avg shares (diluted) | 626M+6.7% | 587M+20.8% | 485M+8.3% | 448M+0.2% | 447M+3.6% | |
| Dividends per share | $4.12+4.0% | $3.96+3.7% | $3.82+2.1% | $3.74+0.0% | $3.74+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.49B+5.9% | 4.24B+36.4% | 3.11B+22.0% | 2.55B+7.3% | 2.37B+27.0% | ||
| Cash & equivalents | 78.0M-89.4% | 733M+116.9% | 338M+53.6% | 220M+50.3% | 146M-72.1% | |
| Accounts receivable | 3.01B+29.4% | 2.33B+36.4% | 1.71B+11.3% | 1.53B+6.3% | 1.44B+73.8% | |
| Inventory | 948M+26.7% | 748M+17.1% | 639M+47.9% | 432M+1.0% | 428M+87.8% | |
| Other current assets | 452M+4.9% | 431M+1.2% | 426M+147.7% | 172M+3.8% | 166M+25.0% | |
| 66.6B+4.0% | 64.1B+44.7% | 44.3B+81.6% | 24.4B+3.2% | 23.6B+2.4% | ||
| Property, plant & equipment | 47.9B+4.2% | 45.9B+40.5% | 32.7B+63.9% | 20.0B+3.3% | 19.3B+0.9% | |
| Operating lease right-of-use | 245M+11.4% | 220M+111.5% | 104M | — | — | |
| Goodwill | 8.06B-0.4% | 8.09B+63.4% | 4.95B+837.9% | 528M+0.1% | 528M+0.0% | |
| Intangible assets | 2.90B-4.5% | 3.04B+130.9% | 1.32B+484.9% | 225M-4.5% | 236M-4.2% | |
| Other non-current assets | 444M-1.3% | 450M+41.1% | 319M-1.5% | 324M-11.6% | 366M-22.9% | |
| 6.37B+34.9% | 4.72B+36.7% | 3.45B+13.1% | 3.05B-4.2% | 3.18B+136.9% | ||
| Accounts payable | 2.84B+29.8% | 2.19B+39.8% | 1.56B+15.1% | 1.36B+2.0% | 1.33B+85.2% | |
| Deferred revenue | — | — | 104M+352.2% | 23.0M-34.8% | 35.3M+48.9% | |
| Short-term & current debt | 1.24B+17.2% | 1.06B+118.8% | 484M-47.7% | 925M+3.3% | 896M+11610.0% | |
| Current lease liability | 54.0M-12.9% | 62.0M+169.6% | 23.0M+91.7% | 12.0M-12.9% | 13.8M+1.3% | |
| Other current liabilities | 967M+37.7% | 702M+24.5% | 564M+327.3% | 132M-66.8% | 398M+379.3% | |
| Long-term debt | 30.8B-0.8% | 31.0B+46.4% | 21.2B+66.8% | 12.7B-0.4% | 12.7B-10.4% | |
| Deferred revenue (non-current) | — | — | 46.0M+58.6% | 29.0M+79.0% | 16.2M-8.5% | |
| Non-current lease liability | 183M+18.8% | 154M+108.1% | 74.0M+8.8% | 68.0M-10.1% | 75.6M-13.7% | |
| Operating lease liability (total) | 237M+9.7% | 216M+122.7% | 97.0M | — | — | |
| Deferred tax liabilities | 6.35B+16.5% | 5.45B+110.1% | 2.59B+49.2% | 1.74B+49.1% | 1.17B+74.2% | |
| Other non-current liabilities | 603M-19.4% | 748M+35.3% | 553M+67.1% | 331M-23.4% | 432M-38.8% | |
| 22.5B+32.0% | 17.0B+3.3% | 16.5B+153.8% | 6.49B+7.9% | 6.02B-0.4% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 7.00M+16.7% | 6.00M+0.0% | 6.00M+20.0% | 5.00M+5.3% | 4.75M+0.0% | |
| Additional paid-in capital | 21.0B+28.2% | 16.4B+0.2% | 16.3B+125.0% | 7.25B+0.5% | 7.21B-1.9% | |
| Retained earnings | 2.37B+50.3% | 1.58B+81.9% | 868M+1636.0% | 50.0M | 0.00 | |
| Treasury stock | 829M+2.7% | 807M+19.2% | 677M-4.1% | 706M-3.6% | 732M-4.2% | |
| Accumulated other comprehensive income | -27.0M+71.9% | -96.0M-190.9% | -33.0M+69.4% | -108M+77.1% | -471M+14.5% | |
| Non-controlling interest | 84.0M-98.4% | 5.10B | 0.00 | — | — | |
| Total equity incl. non-controlling | 22.6B+2.0% | 22.1B+34.3% | 16.5B+153.8% | 6.49B+7.9% | 6.02B-0.4% | |
| Total liabilities & equity | 66.6B+4.0% | 64.1B+44.7% | 44.3B+81.6% | 24.4B+3.2% | 23.6B+2.4% | |
| Common shares issued | 656M+7.6% | 610M+0.0% | 610M+28.4% | 475M+0.0% | 475M+0.0% | |
| Common shares outstanding | 630M+8.0% | 583M+0.0% | 583M+30.4% | 447M+0.2% | 446M+0.3% | |
| Shares outstanding (cover) | 630M+0.9% | 624M+7.1% | 583M+30.4% | 447M+0.2% | 446M+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.60B+14.5% | 4.89B+10.6% | 4.42B+52.1% | 2.91B+14.1% | 2.55B+34.1% | ||
| Depreciation & amortization | 1.51B+33.5% | 1.13B+47.5% | 769M+22.8% | 626M+0.6% | 622M+7.5% | |
| Intangible amortization | 138M+122.6% | 62.0M+87.9% | 33.0M+230.0% | 10.0M+0.0% | 10.0M-7.4% | |
| Deferred income taxes | 957M+7.6% | 889M+7.2% | 829M+78.7% | 464M-1.7% | 472M+152.8% | |
| Change in inventory | 263M+1647.1% | -17.0M+85.6% | -118M-290.3% | 62.0M-41.0% | 105M+160.9% | |
| Change in payables | 671M+488.6% | 114M+283.9% | -62.0M-138.5% | -26.0M-104.2% | 622M+875.0% | |
| Other operating activities | 35.0M-51.4% | 72.0M-13.3% | 83.0M-9.8% | 92.0M-2.1% | 94.0M+166.1% | |
| -3.75B+43.3% | -6.61B-3.2% | -6.40B-462.2% | -1.14B-71.3% | -665M+70.7% | ||
| Capital expenditure | 3.15B+56.0% | 2.02B+26.7% | 1.59B+32.7% | 1.20B+72.5% | 697M-68.3% | |
| Free cash flow | 2.45B-14.6% | 2.87B+1.5% | 2.83B+65.8% | 1.70B-7.8% | 1.85B+724.0% | |
| Acquisitions | 25.0M-99.6% | 5.83B+16.2% | 5.01B | 0.00 | 0.00 | |
| Other investing activities | -48.0M+67.8% | -149M-75.3% | -85.0M-1114.3% | -7.00M+50.0% | -14.0M-113.1% | |
| -2.50B-218.1% | 2.12B+0.9% | 2.10B+224.1% | -1.69B+25.1% | -2.26B-358.2% | ||
| Long-term debt issued | 2.99B-57.9% | 7.09B+33.9% | 5.30B+509.7% | 869M | 0.00-100.0% | |
| Long-term debt repaid | 2.98B+48.7% | 2.00B+54.1% | 1.30B+45.1% | 896M+48.1% | 605M-58.5% | |
| Net short-term debt | 820M | 0.00 | 0.00 | 0.00 | 0.00+100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 32.4M-1.1% | 32.8M-96.6% | |
| Common stock repurchased | 75.0M-52.8% | 159M | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 2.58B+11.7% | 2.31B+25.8% | 1.84B+10.0% | 1.67B+0.3% | 1.67B+3.8% | |
| Other financing activities | -93.0M-36.8% | -68.0M-623.1% | 13.0M-7.1% | 14.0M+7.7% | 13.0M+122.8% | |
| Net change in cash | -655M-265.8% | 395M+234.7% | 118M+59.5% | 74.0M+119.6% | -378M-175.1% | |
| Interest paid | 1.73B+33.5% | 1.30B+98.6% | 653M+12.2% | 582M-15.9% | 692M-9.1% | |
| Income taxes paid | 74.0M-27.5% | 102M+175.7% | 37.0M-37.3% | 59.0M+555.6% | 9.00M+2531.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 46.3B-26.2% | 62.7B+53.2% | 40.9B+39.3% | 29.4B+12.0% | 26.2B+53.5% | |
| P/E | 13.6×-33.9% | 20.7×+24.0% | 16.7×-8.3% | 18.2×+3.9% | 17.5×-37.3% | |
| P/S | 1.4×-52.4% | 2.9×+23.4% | 2.3×+81.6% | 1.3×-18.7% | 1.6×-20.7% | |
| P/B | 2.1×-44.1% | 3.7×+46.6% | 2.5×-46.1% | 4.7×+6.7% | 4.4×+54.2% | |
| P/FCF | 18.9×-13.5% | 21.9×+41.4% | 15.5×-3.7% | 16.1×+13.3% | 14.2× | |
| Earnings yield | 7.3%+51.4% | 4.8%-19.4% | 6.0%+9.1% | 5.5%-3.8% | 5.7%+59.4% | |
| FCF yield | 5.3%+15.6% | 4.6%-29.3% | 6.5%+3.9% | 6.2%-11.7% | 7.1% | |
| Dividend yield | 5.6%+42.1% | 3.9%-27.5% | 5.4%-4.4% | 5.7%-10.6% | 6.4%-34.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: OKE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all OKE filings on SEC EDGAR → Not investment advice.