OKE financials
ONEOK, Inc. · end-of-day data as of Oct 16, 2026
ONEOK, Inc.
$93.31+1.4%
Buy · 22 analystsPT $95.03 +1.8%
OKE reported revenue of $12.05B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 52.8% from a year earlier. It posted diluted EPS of $1.53, free cash flow of $1.44B and a net margin of 8.0%.
Valuation
- P/E16.1x
- P/E vs own+10.8%
- P/E vs sector-9.2%
- FCF yield+4.9%
- Market cap$58.82B
Quarterly results
Q2 FY2026: Revenue +52.8% year over year, free cash flow 12.0% of revenue, operating margin 13.2%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $12.05B | 1.53 | $1.44B | 14.2% | 13.2% | 8.0% |
| Q1 FY2026 | Mar 31, 2026 | $9.62B | 1.23 | $70M | 26.7% | 14.8% | 8.0% |
| Q4 FY2025 | Dec 31, 2025 | $9.06B | 1.55 | $576M | 29.4% | 29.7% | 10.8% |
| Q3 FY2025 | Sep 30, 2025 | $8.63B | 1.49 | $820M | 19.2% | 18.0% | 10.9% |
| Q2 FY2025 | Jun 30, 2025 | $7.89B | 1.34 | $776M | 19.5% | 18.4% | 10.7% |
| Q1 FY2025 | Mar 31, 2025 | $8.04B | 1.04 | $275M | 16.8% | 15.7% | 7.9% |
| Q4 FY2024 | Dec 31, 2024 | $7B | 1.57 | $1.05B | 30.9% | 22.4% | 13.2% |
| Q3 FY2024 | Sep 30, 2024 | $5.02B | 1.18 | $783M | 24.1% | 22.7% | 13.8% |
| Q2 FY2024 | Jun 30, 2024 | $4.89B | 1.33 | $951M | 25.6% | 25.1% | 15.9% |
| Q1 FY2024 | Mar 31, 2024 | $4.78B | 1.09 | $84M | 23.9% | 22.3% | 13.4% |
| Q4 FY2023 | Dec 31, 2023 | $5.18B | 1.18 | $905M | 25.2% | 23.9% | 13.3% |
| Q3 FY2023 | Sep 30, 2023 | $4.16B | 0.99 | $522M | 20.7% | 19.6% | 10.9% |