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Operating Income for ONEOK (OKE)

According to ONEOK's latest reported financial statements, the company's current operating income (TTM) is $6.97B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$6.97B

YoY change

+38.8%

5Y CAGR

+29.7%

Peak year (2025)

$6.97B

Cumulative operating income

$49.40B

Operating Income history chart for ONEOK (OKE) from 1985 to 2025

Operating Income history table for ONEOK (OKE) from 1985 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$6.97B+38.8%
2024$5.02B+23.3%
2023$4.07B+34.2%
2022$3.03B+6.3%
2021$2.85B+50.1%
2020$1.90B+1.8%
2019$1.87B+0.1%
2018$1.86B+23.8%
2017$1.51B+20.5%
2016$1.25B+25.9%
2015$993.11M-14.2%
2014$1.16B-15.0%
2013$1.36B+31.7%
2012$1.03B+5.5%
2011$979.52M+24.6%
2010$786.16M+16.5%
2009$674.80M-25.8%
2008$909.63M+10.1%
2007$825.93M+9.4%
2006$754.67M+41.1%
2005$534.76M+9.1%
2004$490.01M+9.9%
2003$446.06M+20.1%
2002$371.48M+25.8%
2001$295.23M-11.6%
2000$333.93M+288.5%
1999$85.96M-57.6%
1998$202.95M+58.3%
1997$128.20M+6.5%
1996$120.40M+14.7%
1995$105.00M+14.8%
1994$91.50M-88.4%
1993$789.10M+16.5%
1992$677.10M-1.8%
1991$689.50M+3.2%
1990$668.00M+8.0%
1989$618.30M+8.2%
1988$571.40M-2.7%
1987$587.00M-20.3%
1986$736.80M-29.8%
1985$1.05B

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

Analysis

In 2025, ONEOK (OKE) operating income totalled $6.97B – surged 38.8% year-over-year.

Through 2020–2025 (5 years), ONEOK operating income delivered a +29.7% annualised rate; sustaining 10 straight years of year-over-year growth.

The dataset's maximum operating income sits at $6.97B (2025); the minimum reading of $85.96M dates to 1999.

Within Energy, ONEOK (OKE) ranks 6th among 8 peers we track. The peer median for operating income is $9.44B.

ONEOK Operating Income by Year

ONEOK Operating Income 2025: $6.97B

ONEOK operating income in 2025 was $6.97B, surged 38.8% from 2024. This figure represents the highest annual value in the available history.

ONEOK Operating Income 2024: $5.02B

ONEOK operating income in 2024 was $5.02B, grew 23.3% from 2023.

ONEOK Operating Income 2023: $4.07B

ONEOK operating income in 2023 was $4.07B, surged 34.2% from 2022.

ONEOK Operating Income 2022: $3.03B

ONEOK operating income in 2022 was $3.03B, grew 6.3% from 2021.

ONEOK Operating Income 2021: $2.85B

ONEOK operating income in 2021 was $2.85B.

See more financial history for ONEOK (OKE).

Sector peers — Operating Income

Companies in the same sector as ONEOK, ranked by their latest operating income.

Frequently asked questions

What is ONEOK's operating income?

Latest reported operating income for ONEOK (OKE) is $6.97B (period ending December 31, 2025).

How has ONEOK operating income changed year-over-year?

ONEOK (OKE) operating income changed +38.8% year-over-year on the latest annual filing.

What is the long-term growth rate of ONEOK operating income?

ONEOK (OKE) operating income compound annual growth rate is +29.7% over the most recent 5 years available.

When did ONEOK operating income hit its highest annual value?

ONEOK operating income reached its highest annual value of $6.97B in 2025.

What was ONEOK operating income in 2024?

ONEOK (OKE) operating income in 2024 was $5.02B.

What was ONEOK operating income in 2025?

ONEOK (OKE) operating income in 2025 was $6.97B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.