NYSE:OKE
Oneok Inc.
Oneok Inc.'s revenue grew 55.0% in fiscal 2025 to $33.6B while operating margin fell to 17.1%. Free cash flow was $2.4B, 7.3% of revenue, and the diluted share count rose 6.7%.Summary generated from Oneok Inc.'s SEC filings. Latest annual report filed Feb 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$33.6B
Revenue growth+55.0%
Revenue, 5-yr CAGR+31.5%
Gross margin30.5%
Operating margin17.1%
Net margin10.1%
ROIC8.5%
Return on equity17.2%
Debt / equity1.46
Free cash flow$2.4B
FCF margin7.3%
Share count change+6.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 16.5 | 22.4 | 17.7 | 21.7 | 33.6 |
| Operating income | 2.6 | 2.8 | 4.1 | 5.0 | 5.7 |
| Net income | 1.5 | 1.7 | 2.7 | 3.0 | 3.4 |
| Free cash flow | 1.8 | 1.7 | 2.8 | 2.9 | 2.4 |
Recent filings
- 4Insider transaction report
Sep 24, 2026 - 4Insider transaction report
Sep 24, 2026 - 8-KEntry into a material agreement
Sep 15, 2026 - 8-KEntry into a material agreement
Aug 31, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 4, 2026 - 8-KCompletion of an acquisition or disposition
Aug 3, 2026 - 8-KResults of a shareholder vote
May 21, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 29, 2026