ONEOK, Inc. (OKE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 9.62B | 9.06B | 8.63B | 7.89B | 8.04B | 7B | 5.02B | 4.89B | 4.78B | 5.18B | 4.16B | 3.64B | 4.5B | 5.03B | 5.99B | 6.25B | 5.66B | 5.71B | 4.76B | 3.47B |
| Revenue Growth % | 19.58% | 29.5% | 71.89% | 61.16% | 68.23% | 35.06% | 20.8% | 34.56% | 6.29% | 3% | -30.6% | -41.85% | -20.47% | -11.92% | 25.87% | 80.03% | 70.08% | 112.37% | 119.14% | 116.11% |
| Cost of Goods Sold | 7.05B | 6.4B | 6.98B | 6.35B | 6.69B | 4.84B | 3.81B | 3.64B | 3.64B | 3.88B | 3.3B | 3B | 3.75B | 4.05B | 5.15B | 5.44B | 4.87B | 4.92B | 3.98B | 2.79B |
| COGS % of Revenue | 73.33% | 70.56% | 80.83% | 80.46% | 83.18% | 69.14% | 75.91% | 74.44% | 76.07% | 74.84% | 79.34% | 82.62% | 83.39% | 80.5% | 85.97% | 87.02% | 86.09% | 86.09% | 83.54% | 80.18% |
| Gross Profit | 2.56B | 2.67B | 1.66B | 1.54B | 1.35B | 2.16B | 1.21B | 1.25B | 1.14B | 1.3B | 859M | 632M | 747M | 981.37M | 840.76M | 812.12M | 786.82M | 794.67M | 783.52M | 688.55M |
| Gross Margin % | 26.67% | 29.44% | 19.17% | 19.54% | 16.82% | 30.86% | 24.09% | 25.56% | 23.93% | 25.16% | 20.66% | 17.38% | 16.61% | 19.5% | 14.03% | 12.98% | 13.91% | 13.91% | 16.46% | 19.82% |
| Gross Profit Growth % | 89.58% | 23.56% | 36.78% | 23.18% | 18.27% | 65.64% | 40.86% | 97.94% | 53.15% | 32.88% | 2.17% | -22.18% | -5.06% | 23.49% | 7.3% | 17.95% | 4.5% | 17.55% | 34.81% | 96.15% |
| Operating Expenses | 1.14B | -25M | 97M | 88M | 91M | 592M | 72M | 22M | 80M | 64M | 43M | 47M | -724M | 224.56M | 46.14M | 41.33M | 49.51M | 40.54M | 39.75M | 41.94M |
| OpEx % of Revenue | 11.82% | -0.28% | 1.12% | 1.12% | 1.13% | 8.46% | 1.43% | 0.45% | 1.67% | 1.23% | 1.03% | 1.29% | -16.1% | 4.46% | 0.77% | 0.66% | 0.88% | 0.71% | 0.84% | 1.21% |
| Selling, General & Admin | 634M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 6.59% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 1.43B | 2.69B | 1.56B | 1.45B | 1.26B | 1.57B | 1.14B | 1.23B | 1.06B | 1.24B | 816M | 585M | 1.47B | 756.81M | 794.62M | 770.79M | 737.31M | 754.13M | 743.77M | 646.61M |
| Operating Margin % | 14.85% | 29.72% | 18.04% | 18.42% | 15.69% | 22.4% | 22.66% | 25.11% | 22.25% | 23.92% | 19.62% | 16.08% | 32.7% | 15.04% | 13.26% | 12.32% | 13.04% | 13.2% | 15.63% | 18.61% |
| Operating Income Growth % | 13.15% | 71.81% | 36.91% | 18.23% | 18.61% | 26.45% | 39.46% | 110.09% | -27.67% | 63.85% | 2.69% | -24.1% | 99.51% | 0.36% | 6.84% | 19.2% | 4.06% | 16.26% | 35.28% | 104.17% |
| EBITDA | 1.81B | 3.08B | 1.94B | 1.82B | 1.64B | 1.91B | 1.41B | 1.49B | 1.32B | 1.5B | 993M | 755M | 1.63B | 914.23M | 951.72M | 928.55M | 891.17M | 907.25M | 898.31M | 803.53M |
| EBITDA Margin % | 18.78% | 34% | 22.42% | 23.09% | 20.42% | 27.31% | 28.11% | 30.47% | 27.57% | 28.94% | 23.88% | 20.76% | 36.3% | 18.17% | 15.88% | 14.85% | 15.76% | 15.88% | 18.87% | 23.13% |
| EBITDA Growth % | 9.99% | 61.19% | 37.11% | 22.13% | 24.58% | 27.47% | 42.2% | 97.48% | -19.29% | 64.07% | 4.34% | -18.69% | 83.24% | 0.77% | 5.95% | 15.56% | 2.95% | 13.22% | 27.77% | 75.78% |
| D&A (Non-Cash Add-back) | 378M | 388M | 378M | 368M | 380M | 344M | 274M | 262M | 254M | 260M | 177M | 170M | 162M | 157.41M | 157.1M | 157.76M | 153.86M | 153.12M | 154.54M | 156.92M |
| EBIT | 1.4B | 1.71B | 1.69B | 1.55B | 1.33B | 1.78B | 1.24B | 1.32B | 1.15B | 1.21B | 805M | 787M | 1.54B | 793.28M | 721.21M | 706.23M | 676.32M | 677.7M | 688.06M | 627.25M |
| Net Interest Income | -439M | -453M | -450M | -438M | -442M | -448M | -325M | -298M | -300M | -300M | -210M | -174M | -161M | -160.55M | -157.33M | -161.13M | -162.72M | -167.93M | -174.15M | -175.04M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 439M | 453M | 450M | 438M | 442M | 448M | 325M | 298M | 300M | 300M | 210M | 174M | 161M | 160.55M | 157.33M | 161.13M | 162.72M | 167.93M | 174.15M | 175.04M |
| Other Income/Expense | -407M | -1.44B | -321M | -340M | -374M | -240M | -226M | -206M | -217M | -330M | -221M | 28M | -92M | -129.74M | -230.74M | -225.69M | -223.72M | -244.36M | -229.85M | -194.4M |
| Pretax Income | 1.02B | 1.25B | 1.24B | 1.11B | 888M | 1.33B | 912M | 1.02B | 847M | 910M | 595M | 613M | 1.38B | 627.08M | 563.88M | 545.1M | 513.59M | 509.77M | 513.92M | 452.21M |
| Pretax Margin % | 10.62% | 13.81% | 14.33% | 14.11% | 11.04% | 18.97% | 18.16% | 20.9% | 17.72% | 17.56% | 14.31% | 16.85% | 30.66% | 12.46% | 9.41% | 8.72% | 9.08% | 8.92% | 10.8% | 13.02% |
| Income Tax | 245M | 274M | 297M | 260M | 197M | 328M | 219M | 243M | 208M | 222M | 141M | 145M | 330M | 142.15M | 132.13M | 131M | 122.42M | 130.4M | 121.9M | 110.07M |
| Effective Tax Rate % | 24% | 21.88% | 24.01% | 23.36% | 22.18% | 24.7% | 24.01% | 23.75% | 24.56% | 24.4% | 23.7% | 23.65% | 23.93% | 22.67% | 23.43% | 24.03% | 23.84% | 25.58% | 23.72% | 24.34% |
| Net Income | 774M | 979M | 939M | 841M | 636M | 923M | 693M | 780M | 639M | 688M | 454M | 468M | 1.05B | 484.92M | 431M | 413.73M | 390.73M | 379.1M | 391.74M | 341.86M |
| Net Margin % | 8.05% | 10.8% | 10.88% | 10.66% | 7.91% | 13.19% | 13.8% | 15.94% | 13.37% | 13.27% | 10.92% | 12.87% | 23.32% | 9.64% | 7.19% | 6.61% | 6.91% | 6.64% | 8.23% | 9.84% |
| Net Income Growth % | 21.7% | 6.07% | 35.5% | 7.82% | -0.47% | 34.16% | 52.64% | 66.67% | -39.08% | 41.88% | 5.34% | 13.12% | 168.48% | 27.91% | 10.02% | 21.02% | 1.25% | 23.18% | 25.54% | 155.03% |
| Net Income (Continuing) | 776M | 978M | 940M | 853M | 691M | 1B | 693M | 780M | 639M | 688M | 454M | 468M | 1.05B | 484.92M | 432M | 414M | 391M | 379.37M | 392.02M | 342.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 90M | 84M | 76M | 74M | 756M | 5.1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.23 | 1.55 | 1.49 | 1.34 | 1.04 | 1.57 | 1.18 | 1.33 | 1.09 | 1.18 | 0.99 | 1.04 | 2.34 | 1.08 | 0.96 | 0.92 | 0.87 | 0.85 | 0.88 | 0.77 |
| EPS Growth % | 18.27% | -1.27% | 26.27% | 0.75% | -4.59% | 33.05% | 19.19% | 27.88% | -53.42% | 9.26% | 3.13% | 13.04% | 168.97% | 27.06% | 9.09% | 19.48% | 1.16% | 23.19% | 25.71% | 140.63% |
| EPS (Basic) | 1.23 | 1.55 | 1.50 | 1.34 | 1.04 | 1.58 | 1.18 | 1.33 | 1.09 | 1.18 | 0.99 | 1.04 | 2.34 | 1.08 | 0.96 | 0.93 | 0.87 | 0.85 | 0.88 | 0.77 |
| Diluted Shares Outstanding | 631.6M | 631.2M | 628.1M | 628.1M | 612.5M | 586.5M | 586.7M | 585.8M | 585.7M | 585.5M | 458.2M | 449M | 449M | 448.98M | 448.22M | 448.2M | 448.4M | 447.63M | 447.63M | 446.9M |
| Basic Shares Outstanding | 630.7M | 630M | 627.2M | 627.2M | 611.4M | 586.5M | 584.8M | 584.6M | 584.2M | 583.4M | 457.3M | 448.3M | 448M | 447.78M | 447.7M | 447.5M | 447M | 446.63M | 446.63M | 446.34M |
| Dividend Payout Ratio | 87.08% | 66.19% | 69.01% | 76.58% | 101.1% | 62.73% | 83.41% | 74.1% | 90.45% | 80.81% | 94.27% | 91.45% | 40.71% | 86.24% | 97.01% | 101.03% | 106.72% | 110.06% | 106.48% | 121.94% |