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Oneok OKE Net debt / EBITDA

Net debt / EBITDA at other companies

Atmos Energy logo
Atmos EnergyATO
3.8×+0.2×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
4.5×+0.2×
Energy Transfer logo
Energy TransferET
4.6×+0.4×
TRG
Targa ResourcesTRGP
0.0×
Kinder Morgan logo
Kinder MorganKMI
4.2×-0.5×
HES
Hess MidstreamHESM
3.1×-0.1×

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$57.21B+14.7%
Enterprise value$89.45B+11.0%
P/E16.2×+0.1×
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 the most recent quarter.

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 net debt / EBITDA?
Oneok (OKE) reported net debt / EBITDA of 4.3× in Q1 2026.
How has Oneok's net debt / EBITDA changed year-over-year?
Oneok's net debt / EBITDA decreased by 7.3% year-over-year, from 4.7× to 4.3×.
What is the long-term trend for Oneok's net debt / EBITDA?
Over 5 years (2020 to 2025), Oneok's net debt / EBITDA has grown at a -9.3% compound annual growth rate (CAGR), from 7.1× to 4.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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