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Oneok OKE EBITDA margin

EBITDA margin at other companies

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14.8%+1.6pp
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Energy TransferET
16.7%-1.0pp
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Targa ResourcesTRGP
31.4%+6.7pp
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Kinder MorganKMI
42.9%+0.1pp
HES
Hess MidstreamHESM
75.5%+0.6pp

Other financials

Income statement

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Revenue$9.6B+19.6%
Gross profit$2.6B+7.4%
Operating income$1.4B+17.0%
Net income$774.0M+21.7%
EPS (diluted)$1.23+18.3%

Balance sheet

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Cash & equivalents$172.0M+22.0%
Total debt$32.4B+8.1%
Total equity$22.4B+4.6%
Total assets$68.2B+6.1%

Cash flow

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Operating cash flow$934.0M+3.3%
CapEx$864.0M+37.4%
Free cash flow$70.0M-74.5%

Valuation

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Market cap$55.59B+11.5%
Enterprise value$87.83B+9.0%
P/E15.7×-0.4×
P/S1.6×-0.2×

Profitability

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Gross margin29.6%-6.0pp
Operating margin16.9%-3.7pp
Net margin10%-2.1pp
FCF margin6.4%-5.9pp

Returns & leverage

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Return on equity16.2%+0.1pp
Debt / equity1.4×0.0×
Current ratio0.7×0.0×

Where this comes from

Calculated from Oneok’s reported figures.

Based on trailing twelve months.

The source filing: Oneok’s 10-Q, filed April 29, 2026. Open the filing →

Filed
Apr 29, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001039684-26-000017

FAQ

What is Oneok's EBITDA margin?
Oneok (OKE) reported EBITDA margin of 21.2% in Q1 2026.
How has Oneok's EBITDA margin changed year-over-year?
Oneok's EBITDA margin decreased by 17.4% year-over-year, from 25.7% to 21.2%.
What is the long-term trend for Oneok's EBITDA margin?
Over 5 years (2020 to 2025), Oneok's EBITDA margin has grown at a -1.0% compound annual growth rate (CAGR), from 22.7% to 21.6%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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