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Oneok revenue

Oneok's revenue was $33.63bn in fiscal 2025, up 55.0% on the year before. Since fiscal 2009 ($10.81bn) it has grown at a compound 7.4% a year. Over the last twelve months it was $43.19bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Oneok: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue10.812.714.810.211.912.27.88.912.212.610.28.516.522.417.721.733.643.2
Growth on the year before—+17.3%+16.8%−31.2%+16.6%+2.7%−36.3%+14.9%+36.5%+3.4%−19.3%−16.0%+93.6%+35.3%−21.0%+22.7%+55.0%—
Gross profit2.02.12.41.61.62.12.12.42.63.23.43.44.34.55.78.410.310.9
Gross margin18.5%16.3%16.1%16.1%13.9%17.3%27.3%27.2%21.7%25.2%33.2%40.2%25.9%20.0%32.5%38.7%30.5%25.2%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Commodity Sales $28.9B 85.9% ▲ 62.4%
Liquids Commodity (part of Commodity Sales) $25.6B 88.5% ▲ 55.4%
Residue Natural Gas Sales (part of Commodity Sales) $3.3B 11.5% ▲ 149.0%
Services $4.8B 14.1% ▲ 21.3%
Transportation and Storage Revenue (part of Services) $3.1B 66.0% ▲ 3.9%
Exchange Services and Natural Gas Gathering and Processing Revenue (part of Services) $1.5B 30.9% ▲ 93.4%
Other (part of Services) $144M 3.0% ▲ 4.3%

From Oneok's 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Oil & Gas Storage & Transportation: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Oneok $43.19bn 36.8% 35.2%
Plains ALL American Pipeline LP $52.31bn 12.2% 0.7%
Enterprise Products Partners L.p. $58.47bn 6.8% 3.8%
Cheniere Energy, Inc. $23.22bn 22.5% -2.0%
Kinder Morgan $18.34bn 11.7% 4.9%
Targa Resources $16.74bn -2.0% -2.1%

Compare with peers

Head to head: OKE vs PAAEPD vs OKELNG vs OKE

More: Oil & Gas Storage & Transportation stocks compared, Energy sector, rankings of US companies

Figures from Oneok's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Oneok.