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OKE
ONEOK Inc.Stock · UtilitiesS&P 500 0.1%
$93.16−$0.07 (-0.08%)as of market close, Jul 24, 2026
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How ONEOK makes money

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How does ONEOK make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

ONEOK Inc. · FY2025 · year ended 2025-12-31
Revenue$33.6BGross profit$10.3B · 30%Cost of revenue$23.4B · 70%Operating income$5.7B · 17%Operating expenses$4.5B · 13%Other opex$4.5B · 13%Pre-tax income$4.4B · 13%Other expense$1.3B · 4%Net income$3.4B · 10%Income tax$1.0B · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.