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EBITDA Margin for ONEOK (OKE)

As of · Reported

Metric

TTM

22.3%

YoY change

−7.32pp

Trough year (2001)

5.7%

Peak year (1985)

100.0%

EBITDA Margin history chart for ONEOK (OKE) from 1985 to 2025

Latest: 23.2%

EBITDA Margin change chart for ONEOK (OKE) from 1985 to 2025

Latest: −7.32pp

EBITDA Margin history table for ONEOK (OKE) from 1985 to 2025

  • 202523.2%-7.32pp
  • 202430.5%+1.57pp
  • 202328.9%+13.53pp
  • 202215.4%-3.72pp
  • 202119.1%-4.55pp
  • 202023.7%-2.02pp
  • 201925.7%+6.67pp
  • 201819.0%+3.38pp
  • 201715.6%-4.62pp
  • 201620.2%+3.63pp
  • 201516.6%+4.75pp
  • 201411.9%+1.95pp
  • 20139.9%-2.72pp
  • 201212.6%+1.83pp
  • 201110.8%+0.25pp
  • 201010.5%-0.88pp
  • 200911.4%+3.35pp
  • 20088.1%-0.60pp
  • 20078.7%-1.41pp
  • 200610.1%+2.40pp
  • 20057.7%-3.76pp
  • 200411.4%-8.20pp
  • 200319.6%-5.15pp
  • 200224.8%+19.04pp
  • 20015.7%-1.32pp
  • 20007.1%-8.92pp
  • 199916.0%+0.15pp
  • 199815.8%-1.57pp
  • 199717.4%+1.63pp
  • 199615.8%-0.55pp
  • 199516.3%-1.89pp
  • 199418.2%-81.79pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

EBITDA Margin values are taken from ONEOK's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at ONEOK (OKE)

According to ONEOK's latest reported financial statements, the company's latest reported EBITDA margin is 22.3%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, ONEOK (OKE) reported EBITDA margin of 23.16% – contracted 7.3 percentage points year-over-year.

Across the available history, EBITDA margin reached its high of 100.00% in 1985 and its low of 5.74% in 2001.

ONEOK EBITDA Margin by Year

ONEOK EBITDA Margin 2025: 23.2%

In 2025, ONEOK reported EBITDA margin of 23.16%, contracted 7.3 percentage points from 2024.

ONEOK EBITDA Margin 2024: 30.5%

ONEOK EBITDA margin in 2024 was 30.48%, expanded 1.6 percentage points from 2023.

ONEOK EBITDA Margin 2023: 28.9%

2023's EBITDA margin for ONEOK came in at 28.91%, expanded 13.5 percentage points from 2022.

ONEOK EBITDA Margin 2022: 15.4%

ONEOK posted EBITDA margin of 15.38% in 2022, contracted 3.7 percentage points from 2021.

ONEOK EBITDA Margin 2021: 19.1%

ONEOK EBITDA margin in 2021 was 19.10%.

See more financial history for ONEOK (OKE).

Sector peers by EBITDA Margin

Energy peers of ONEOK (OKE), ranked by their latest EBITDA margin

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