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OKE

Energy · Oil & Gas Storage & Transportation

Oneok: revenue, profit and dividends

In fiscal 2025, Oneok had revenue of $33.6B, up 15.8% a year on average since 2015, and net income of $3.39B (10.1% of revenue). Its dividend per share has gone up 3 years in a row, to $4.12. It has 197% more shares than in 2015.

Revenue, fiscal 2025

$33.6B+15.8% a year

average annual revenue growth since 2015 · +55.0% vs 2024

Net income, 2025
$3.39B
10.1% of revenue
Diluted EPS, 2025
$5.42
16.7% a year since 2015
Dividend per share, 2025
$4.12
raised 3 years in a row
Revenue growth, 5 years
31.5% a year
since 2020
Shares, 2025
626M
+197.3% since 2015
Free cash flow, 2025
$2.45B
$5.6B from operations − $3.15B capex
Ticker
OKE · NYSE
Sector
Energy
Sub-industry
Oil & Gas Storage & Transportation
Headquarters
Tulsa, Oklahoma
Founded
1906
In the S&P 500 since
March 15, 2010
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Oneok Inc /New · CIK 0001039684

Revenue and net income

Revenue went from $13.5B in 2007 to $33.6B in 2025.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $1.40 in 2007 to $5.42 in 2025. Ten-year growth: 16.7% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 3 years in a row, every year from 2023 to 2025. Ten-year growth: 5.4% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

197.3% more shares in 2025 than in 2015 (211M → 626M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $2.45B in 2025, 7.3% of revenue. Negative in 2008, 2012–2015, 2019–2020.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$33.6B$3.39B10.1%$5.42$4.12626M$5.6B$3.15B$2.45B
2024$21.7B$3.04B14.0%$5.17$3.96586M$4.89B$2.02B$2.87B
2023$17.7B$2.66B15.0%$5.48$3.82485M$4.42B$1.59B$2.83B
2022$22.4B$1.72B7.7%$3.84$3.74448M$2.91B$1.2B$1.7B
2021$16.5B$1.5B9.1%$3.35$3.74447M$2.55B$697M$1.85B
2020$8.54B$613M7.2%$1.42$3.74432M$1.9B$2.2B−$296M
2019$10.2B$1.28B12.6%$3.07$3.53415M$1.95B$3.85B−$1.9B
2018$12.6B$1.15B9.1%$2.78$3.25414M$2.19B$2.14B$45.2M
2017$12.2B$388M3.2%$1.29$2.72300M$1.32B$512M$803M
2016$8.92B$352M3.9%$1.66$2.46212M$1.35B$625M$729M
2015$7.76B$245M3.2%$1.16$2.43211M$1.02B$1.19B−$165M
2014$12.2B$314M2.6%$1.49$2.12210M$1.29B$1.78B−$494M
2013$11.9B$267M2.2%$1.27$1.48210M$1.29B$2.26B−$962M
2012$10.2B$361M3.5%$1.71$1.27211M$984M$1.87B−$882M
2011$14.8B$361M2.4%$1.68$1.08214M$1.36B$1.34B$20.1M
2010$12.7B$335M2.6%$1.55$0.91216M$834M$583M$251M
2009$10.8B$305M2.8%$1.44$0.82213M$1.45B$791M$661M
2008$16.2B$312M1.9%$1.48$0.78212M$476M$1.47B−$997M
2007$13.5B$305M2.3%$1.40$0.70219M$1.03B$884M$146M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

Stock splits

Found in the filings; per-share figures and share counts on this page are on today’s share basis.

About these figures

Other Oil & Gas Storage & Transportation companies

All 21 Energy companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.