What is the current annual net margin of OKE?

As of today, OKE annual net margin is 10.29%

What is 1-year change in OKE annual net margin?

OKE annual net margin is down -28.44% year-over-year

What is 3-year change in OKE annual net margin?

OKE annual net margin is up +36.65% over the past 3 years

How far is OKE annual net margin from its all-time high?

OKE annual net margin is currently -32.39% below its historical high of 15.22% set on December 31, 2023

How does OKE annual net margin rank versus sector peers?

OKE annual net margin is higher than 56.54% of companies in Energy sector

When is OKE next annual earnings release?

The next annual earnings release for OKE is on February 22, 2027

What is the current quarterly net margin of OKE?

As of today, OKE quarterly net margin is 11.00%

What is OKE quarterly net margin most recent change?

OKE quarterly net margin was up +40.31% on September 30, 2026

What is 1-year change in OKE quarterly net margin?

OKE quarterly net margin is up +1.01% year-over-year

How far is OKE quarterly net margin from its all-time high?

OKE quarterly net margin is currently -52.83% below its historical high of 23.32% set on March 31, 2023

How does OKE quarterly net margin rank versus sector peers?

OKE quarterly net margin is higher than 46.79% of companies in Energy sector

When is OKE next earnings release?

The next earnings release for OKE is on February 22, 2027

ONEOK, Inc. (OKE) Net Margin History & Chart Since 1980

Annual Net Margin

10.29%4.09%-28.44%

December 31, 2025

Summary

Current Value: As of today, OKE annual net margin is 10.29%, down -28.44% on December 31, 2025
Historical Performance: OKE annual net margin is up +36.65% over the past 3 years, up +41.93% over the past 5 years
All-Time High Comparison: OKE annual net margin is currently -32.39% below its historical high of 15.22% set on December 31, 2023
3-Year Low Comparison: OKE annual net margin is +36.65% above its 3-year low of 7.53% reached on an earlier date
Sector Comparison: OKE annual net margin is higher than 56.54% of companies in Energy sector

Net Margin Chart

beforeafter

Performance

OKE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	10.29%	-28.4%	+36.6%	+41.9%	+144.4%
Quarterly Net Margin	Sep 30, 26	11.00%	+1.0%	+0.7%	+33.5%	+145.5%
Price	Nov 6, 26	$85.86	+26.6%	+29.5%	+32.7%	+153.0%
PE Ratio	Nov 6, 26	13.34	+7.0%	+9.6%	-34.1%	-40.5%
Annual Revenue	Dec 31, 25	$33.58B	+55.2%	+46.8%	+297.0%	+161.1%
Annual Net Income	Dec 31, 25	$3.46B	+11.3%	+101.0%	+464.9%	+539.5%
Annual Gross Margin	Dec 31, 25	18.31%	-21.6%	+34.2%	-23.6%	+168.5%
Annual Operating Margin	Dec 31, 25	17.31%	-25.4%	+30.4%	-23.0%	+183.3%

Net Margin Highs

OKE Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	15.22%	Dec 31, 23	-32.4%
5Y	15.22%	Dec 31, 23	-32.4%
All	15.22%	Dec 31, 23	-32.4%

Net Margin Lows

OKE Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	7.53%	N/A	+36.6%
5Y	7.25%	N/A	+41.9%
All	1.25%	Aug 31, 88	+723.2%

Net Margin History

Year	Value	Change
2025	10.29%	-28.4%
2024	14.38%	-5.5%
2023	15.22%	+102.1%
2022	7.53%	-13.2%
2021	8.68%	+19.7%
2020	7.25%	-42.6%
2019	12.64%	+38.1%
2018	9.15%	+88.7%
2017	4.85%	-42.1%
2016	8.38%	+66.9%
2015	5.02%	-8.2%
2014	5.47%	+38.1%
2013	3.96%	-32.2%
2012	5.84%	+13.8%
2011	5.13%	+21.9%
2010	4.21%	-3.2%
2009	4.35%	+16.9%
2008	3.72%	+0.5%
2007	3.70%	-16.7%
2006	4.44%	+39.6%
2005	3.18%	-21.3%
2004	4.04%	-43.5%
2003	7.15%	-3.5%

Year	Value	Change
2002	7.41%	+387.5%
2001	1.52%	-29.6%
2000	2.16%	-58.1%
1999	5.16%	-7.0%
1998	5.55%	+8.8%
1997	5.10%	+18.1%
1996	4.32%	-4.2%
1995	4.51%	-1.3%
1994	4.57%	-6.2%
1993	4.87%	+1.2%
1992	4.81%	-7.7%
1991	5.21%	+5.7%
1990	4.93%	-16.9%
1989	5.93%	+374.4%
1988	1.25%	-62.1%
1987	3.30%	-29.5%
1986	4.68%	+30.7%
1985	3.58%	-8.2%
1984	3.90%	+34.0%
1983	2.91%	-41.9%
1982	5.01%	+16.5%
1981	4.30%	-8.1%
1980	4.68%	-

FAQ

What is the current annual net margin of OKE?: As of today, OKE annual net margin is 10.29%
What is 1-year change in OKE annual net margin?: OKE annual net margin is down -28.44% year-over-year
What is 3-year change in OKE annual net margin?: OKE annual net margin is up +36.65% over the past 3 years
How far is OKE annual net margin from its all-time high?: OKE annual net margin is currently -32.39% below its historical high of 15.22% set on December 31, 2023
How does OKE annual net margin rank versus sector peers?: OKE annual net margin is higher than 56.54% of companies in Energy sector
When is OKE next annual earnings release?: The next annual earnings release for OKE is on February 22, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

11.00%3.16%+40.31%

September 30, 2026

Summary

Current Value: As of today, OKE quarterly net margin is 11.00%, up +40.31% on September 30, 2026
Historical Performance: OKE quarterly net margin is up +1.01% year-over-year, up +0.73% over the past 3 years
All-Time High Comparison: OKE quarterly net margin is currently -52.83% below its historical high of 23.32% set on March 31, 2023
3-Year Low Comparison: OKE quarterly net margin is +40.31% above its 3-year low of 7.84% reached on June 30, 2026
Sector Comparison: OKE quarterly net margin is higher than 46.79% of companies in Energy sector

Performance

OKE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	11.00%	+40.3%	+1.0%	+0.7%	+33.5%
Annual Net Margin	Dec 31, 25	10.29%	–	-28.4%	+36.6%	+41.9%
Price	Nov 6, 26	$85.86	-2.4%	+26.6%	+29.5%	+32.7%
PE Ratio	Nov 6, 26	13.34	-12.2%	+7.0%	+9.6%	-34.1%
Quarterly Revenue	Sep 30, 26	$12.58B	+2.0%	+45.7%	+202.5%	+164.3%
Quarterly Net Income	Sep 30, 26	$1.38B	+43.1%	+47.2%	+204.8%	+253.1%
Quarterly Gross Margin	Sep 30, 26	14.99%	-7.0%	-21.8%	-27.4%	-8.9%
Quarterly Operating Margin	Sep 30, 26	14.24%	-6.6%	-21.0%	-27.4%	-8.9%

Quarterly Net Margin Highs

OKE Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	11.00%	Sep 30, 26	at high
3Y	15.94%	Jun 30, 24	-31.0%
5Y	23.32%	Mar 31, 23	-52.8%
All	23.32%	Mar 31, 23	-52.8%

Quarterly Net Margin Lows

OKE Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	7.84%	Jun 30, 26	+40.3%
3Y	7.84%	Jun 30, 26	+40.3%
5Y	6.63%	Jun 30, 22	+65.9%
All	-338.16%	Aug 31, 88	+103.3%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	11.00%	+40.3%
Jun 2026	7.84%	-2.9%
Mar 2026	8.07%	-25.2%
Dec 2025	10.79%	-0.9%
Sep 2025	10.89%	+0.6%
Jun 2025	10.82%	+26.0%
Mar 2025	8.59%	-39.9%
Dec 2024	14.29%	+3.6%
Sep 2024	13.80%	-13.4%
Jun 2024	15.94%	+19.2%
Mar 2024	13.37%	+0.8%
Dec 2023	13.27%	+21.5%
Sep 2023	10.92%	-15.2%
Jun 2023	12.87%	-44.8%
Mar 2023	23.32%	+138.9%
Dec 2022	9.76%	+35.4%
Sep 2022	7.21%	+8.7%
Jun 2022	6.63%	-4.2%
Mar 2022	6.92%	+4.2%
Dec 2021	6.64%	-19.4%
Sep 2021	8.24%	-16.3%
Jun 2021	9.85%	-15.2%
Mar 2021	11.61%	+1.4%
Dec 2020	11.45%	-20.4%
Sep 2020	14.38%	+72.0%
Jun 2020	8.36%	+223.3%
Mar 2020	-6.78%	-156.5%
Dec 2019	12.01%	-12.8%
Sep 2019	13.77%	+7.8%
Jun 2019	12.77%	+4.6%
Mar 2019	12.21%	+30.2%
Dec 2018	9.38%	+2.1%
Sep 2018	9.19%	-3.3%
Jun 2018	9.50%	+14.2%
Mar 2018	8.32%	+389.4%
Dec 2017	1.70%	-70.2%
Sep 2017	5.70%	-11.5%
Jun 2017	6.44%	-4.5%
Mar 2017	6.74%	-8.0%
Dec 2016	7.33%	-11.4%
Sep 2016	8.27%	-2.7%
Jun 2016	8.50%	-14.9%
Mar 2016	9.99%	+823.9%
Dec 2015	-1.38%	-115.7%
Sep 2015	8.78%	+22.8%
Jun 2015	7.15%	+33.6%
Mar 2015	5.35%	-24.4%
Dec 2014	7.08%	+92.9%
Sep 2014	3.67%	-24.2%
Jun 2014	4.84%	-24.6%
Mar 2014	6.42%	+44.3%
Dec 2013	4.45%	+7.5%
Sep 2013	4.14%	+73.9%
Jun 2013	2.38%	-49.3%
Mar 2013	4.69%	-12.7%
Dec 2012	5.37%	-2.5%
Sep 2012	5.51%	-7.6%
Jun 2012	5.96%	-9.1%
Mar 2012	6.56%	+0.8%
Dec 2011	6.51%	+45.3%
Sep 2011	4.48%	+17.0%
Jun 2011	3.83%	-26.1%
Mar 2011	5.18%	+15.4%
Dec 2010	4.49%	+9.2%
Sep 2010	4.11%	+30.5%
Jun 2010	3.15%	-34.4%
Mar 2010	4.80%	+22.4%
Dec 2009	3.92%	-4.6%
Sep 2009	4.11%	+19.1%
Jun 2009	3.45%	-33.9%
Mar 2009	5.22%	+19.7%
Dec 2008	4.36%	+21.1%
Sep 2008	3.60%	+33.3%
Jun 2008	2.70%	-37.6%
Mar 2008	4.33%	+7.2%
Dec 2007	4.04%	+92.4%
Sep 2007	2.10%	-24.5%
Jun 2007	2.78%	-46.7%
Mar 2007	5.22%	+43.0%
Dec 2006	3.65%	+32.7%
Sep 2006	2.75%	-62.5%
Jun 2006	7.34%	+64.2%
Mar 2006	4.47%	-9.3%
Dec 2005	4.93%	+198.8%
Sep 2005	1.65%	+41.0%

Month	Value	Change
Jun 2005	1.17%	-70.1%
Mar 2005	3.91%	+3.2%
Dec 2004	3.79%	+213.2%
Sep 2004	1.21%	-56.9%
Jun 2004	2.81%	-72.5%
Mar 2004	10.20%	+40.7%
Dec 2003	7.25%	+795.1%
Sep 2003	0.81%	-83.2%
Jun 2003	4.83%	-58.3%
Mar 2003	11.57%	-21.8%
Dec 2002	14.80%	+232.6%
Sep 2002	4.45%	+47.4%
Jun 2002	3.02%	-39.1%
Mar 2002	4.96%	+1,253.5%
Dec 2001	-0.43%	-125.7%
Sep 2001	1.67%	-0.6%
Jun 2001	1.68%	-26.0%
Mar 2001	2.27%	+34.3%
Dec 2000	1.69%	+196.5%
Sep 2000	0.57%	-70.9%
Jun 2000	1.96%	-73.5%
Mar 2000	7.39%	+37.4%
Dec 1999	5.38%	+1,354.1%
Sep 1999	0.37%	-84.8%
Jun 1999	2.43%	-39.1%
Nov 1998	3.99%	+223.1%
Aug 1998	-3.24%	-153.4%
May 1998	6.07%	-40.7%
Feb 1998	10.23%	+156.4%
Nov 1997	3.99%	+268.4%
Aug 1997	-2.37%	-139.8%
May 1997	5.96%	-26.1%
Feb 1997	8.06%	+64.5%
Nov 1996	4.90%	+292.2%
Aug 1996	-2.55%	-163.1%
May 1996	4.04%	-51.2%
Feb 1996	8.28%	+135.2%
Nov 1995	3.52%	+406.1%
Aug 1995	-1.15%	-138.6%
May 1995	2.98%	-69.8%
Feb 1995	9.88%	+110.2%
Nov 1994	4.70%	+253.6%
Aug 1994	-3.06%	-202.3%
May 1994	2.99%	-66.6%
Feb 1994	8.94%	+103.2%
Nov 1993	4.40%	+452.0%
Aug 1993	-1.25%	-183.9%
May 1993	1.49%	-85.0%
Feb 1993	9.94%	+164.4%
Nov 1992	3.76%	+304.3%
Aug 1992	0.93%	-46.2%
May 1992	1.73%	-80.4%
Feb 1992	8.81%	+143.4%
Nov 1991	3.62%	+838.8%
Aug 1991	-0.49%	-119.9%
May 1991	2.46%	-75.4%
Feb 1991	10.01%	+188.5%
Nov 1990	3.47%	+165.1%
Aug 1990	-5.33%	-198.3%
May 1990	5.42%	-38.3%
Feb 1990	8.78%	+82.5%
Nov 1989	4.81%	+189.9%
Aug 1989	-5.35%	-191.3%
May 1989	5.86%	-50.3%
Feb 1989	11.78%	+185.2%
Nov 1988	4.13%	+101.2%
Aug 1988	-338.16%	-6,945.3%
May 1988	4.94%	-54.2%
Feb 1988	10.78%	+755.6%
Nov 1987	1.26%	+123.8%
Aug 1987	-5.29%	-259.8%
May 1987	3.31%	-54.8%
Feb 1987	7.32%	+238.9%
Nov 1986	2.16%	+683.8%
Aug 1986	-0.37%	-107.4%
May 1986	5.00%	-40.4%
Feb 1986	8.39%	+530.8%
Nov 1985	1.33%	+189.1%
Aug 1985	0.46%	-83.3%
May 1985	2.76%	-56.7%
Feb 1985	6.37%	+201.9%
Nov 1984	2.11%	+470.3%
Aug 1984	0.37%	-91.1%
May 1984	4.16%	-30.6%
Feb 1984	5.99%	-

FAQ

What is the current quarterly net margin of OKE?: As of today, OKE quarterly net margin is 11.00%
What is OKE quarterly net margin most recent change?: OKE quarterly net margin was up +40.31% on September 30, 2026
What is 1-year change in OKE quarterly net margin?: OKE quarterly net margin is up +1.01% year-over-year
How far is OKE quarterly net margin from its all-time high?: OKE quarterly net margin is currently -52.83% below its historical high of 23.32% set on March 31, 2023
How does OKE quarterly net margin rank versus sector peers?: OKE quarterly net margin is higher than 46.79% of companies in Energy sector
When is OKE next earnings release?: The next earnings release for OKE is on February 22, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

OKE Official Website www.oneok.com/
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1039684/000103968426000006/0001039684-26-000006-index.htm
OKE Profile on Yahoo Finance finance.yahoo.com/quote/OKE
OKE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/oke