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Oneok OKE Redemption of preferred stock

Redemption of preferred stock at other companies

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$295.35M

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$55.43B+17.0%
Enterprise value$87.67B+12.2%
P/E15.7×+0.4×
P/S1.6×-0.1×

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

Reported directly by Oneok in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfRedeemablePreferredStock.

The source filing: Oneok’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:20 PM EST
Fiscal year
FY2025
Accession
0001039684-26-000006
ONEOK, Inc. and Subsidiaries / CONSOLIDATED STATEMENTS OF CASH FLOWSYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Repurchase of common stock (Note H)(75)(159)
Delaware Basin JV Acquisition (Note B)(550)
Extinguishment of long-term debt (Note G)(2,979)(2,003)(1,300)
Repurchase of EnLink's Series C Preferred Units(365)
Other, net(93)(68)13
Cash provided by (used in) financing activities(2,503)2,1192,101
Change in cash and cash equivalents(655)395118
Cash and cash equivalents at beginning of period733338220

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Oneok's redemption of preferred stock?
Oneok (OKE) reported redemption of preferred stock of $0 in Q4 2025.
How has Oneok's redemption of preferred stock changed year-over-year?
Oneok's redemption of preferred stock decreased by 100.0% year-over-year, from $91.25M to $0.
What does redemption of preferred stock mean?
Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.

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