TTM
23.9%
YoY change
−1.87pp
Trough year (2008)
6.1%
Peak year (2002)
46.4%
Latest annual
21.5%
Gross Margin history chart for ONEOK (OKE) from 1994 to 2025
Latest: 21.5%
Gross Margin change chart for ONEOK (OKE) from 1994 to 2025
Latest: −1.87pp
Gross Margin history table for ONEOK (OKE) from 1994 to 2025
| 2025 | 21.5% | -1.87pp | ||
| 2024 | 23.3% | -9.18pp | ||
| 2023 | 32.5% | +18.88pp | ||
| 2022 | 13.6% | -3.84pp | ||
| 2021 | 17.5% | -6.47pp | ||
| 2020 | 24.0% | +4.32pp | ||
| 2019 | 19.6% | +4.04pp | ||
| 2018 | 15.6% | +2.49pp | ||
| 2017 | 13.1% | -1.95pp | ||
| 2016 | 15.1% | +0.98pp | ||
| 2015 | 14.1% | +3.97pp | ||
| 2014 | 10.1% | -0.05pp | ||
| 2013 | 10.1% | +1.04pp | ||
| 2012 | 9.1% | +1.83pp | ||
| 2011 | 7.3% | +0.46pp | ||
| 2010 | 6.8% | -0.04pp | ||
| 2009 | 6.9% | +0.73pp | ||
| 2008 | 6.1% | -0.63pp | ||
| 2007 | 6.8% | -0.23pp | ||
| 2006 | 7.0% | -2.11pp | ||
| 2005 | 9.1% | -8.52pp | ||
| 2004 | 17.6% | -20.27pp | ||
| 2003 | 37.9% | -8.47pp | ||
| 2002 | 46.4% | +33.01pp | ||
| 2001 | 13.4% | +1.36pp | ||
| 2000 | 12.0% | -23.28pp | ||
| 1999 | 35.3% | +1.75pp | ||
| 1998 | 33.5% | -3.99pp | ||
| 1997 | 37.5% | +3.49pp | ||
| 1996 | 34.0% | -6.20pp | ||
| 1995 | 40.2% | -5.21pp | ||
| 1994 | 45.4% | — |
- 202521.5%-1.87pp
- 202423.3%-9.18pp
- 202332.5%+18.88pp
- 202213.6%-3.84pp
- 202117.5%-6.47pp
- 202024.0%+4.32pp
- 201919.6%+4.04pp
- 201815.6%+2.49pp
- 201713.1%-1.95pp
- 201615.1%+0.98pp
- 201514.1%+3.97pp
- 201410.1%-0.05pp
- 201310.1%+1.04pp
- 20129.1%+1.83pp
- 20117.3%+0.46pp
- 20106.8%-0.04pp
- 20096.9%+0.73pp
- 20086.1%-0.63pp
- 20076.8%-0.23pp
- 20067.0%-2.11pp
- 20059.1%-8.52pp
- 200417.6%-20.27pp
- 200337.9%-8.47pp
- 200246.4%+33.01pp
- 200113.4%+1.36pp
- 200012.0%-23.28pp
- 199935.3%+1.75pp
- 199833.5%-3.99pp
- 199737.5%+3.49pp
- 199634.0%-6.20pp
- 199540.2%-5.21pp
- 199445.4%—
Gross 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 Gross Margin at ONEOK (OKE)
According to ONEOK's latest reported financial statements, the company's latest reported gross margin is 23.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of ONEOK (OKE) gross margin is 21.46% – contracted 1.9 percentage points year-over-year.
2002 marks the peak gross margin at 46.37%, with the historical low of 6.14% recorded in 2008.
ONEOK Gross Margin by Year
ONEOK Gross Margin 2025: 21.5%
ONEOK posted gross margin of 21.46% in 2025, contracted 1.9 percentage points from 2024.
ONEOK Gross Margin 2024: 23.3%
In 2024, ONEOK reported gross margin of 23.34%, contracted 9.2 percentage points from 2023.
ONEOK Gross Margin 2023: 32.5%
ONEOK gross margin in 2023 was 32.52%, expanded 18.9 percentage points from 2022.
ONEOK Gross Margin 2022: 13.6%
2022's gross margin for ONEOK came in at 13.64%, contracted 3.8 percentage points from 2021.
ONEOK Gross Margin 2021: 17.5%
ONEOK gross margin in 2021 was 17.48%.
See more financial history for ONEOK (OKE).
Sector peers by Gross Margin
Energy peers of ONEOK (OKE), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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