FY2025 · ended Dec 31, 2025 · Revenue $33.63B, +55.0% YoY · Filed Feb 24, 2026
ONEOK, Inc. (OKE) files with the SEC under industry code 4923, Natural Gas Transmisison & Distribution. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $33.6 billion and net income of $3.4 billion. Free cash flow was $2.4 billion. As of Sep 30, 2026 it held $186.0 million in cash and investments and $28.5 billion in total debt.
Revenue (TTM)
$43.19B
+36.8% vs year-ago TTM
Net income (TTM)
$4.07B
Operating cash flow (TTM)
$5.91B
+4.4% vs year-ago TTM
Free cash flow (TTM)
$2.53B
-13.4% vs year-ago TTM
EPS (TTM)
$6.44
+18.5% vs year-ago TTM
Dividend per share
$4.12
+4.0% vs prior year
Shares outstanding
629.78M
+0.9% vs prior year
Net cash
$-28.33B
as of Sep 30, 2026
Operating margin
14.2%
FY 2026
Company profile
- Industry
- Natural Gas Transmisison & Distribution (SIC 4923)
- Listed as
- OKE (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- OK
- Headquarters
- Tulsa, OK
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1039684
- Former names
- ONEOK INC /NEW/ (until Oct 28, 2026); WAI INC (until Nov 28, 1997)
Other Natural Gas Transmisison & Distribution companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $33.6B | $21.7B | $17.7B | $22.4B | $16.5B |
| Operating income | $5.7B | $5.0B | $4.1B | $2.8B | $2.6B |
| Net income | $3.4B | $3.0B | — | — | — |
| Diluted EPS | $5.42 | $5.17 | $5.48 | $3.84 | $3.35 |
| Operating cash flow | $5.6B | $4.9B | $4.4B | $2.9B | $2.5B |
| Free cash flow | $2.4B | $2.9B | $2.8B | $1.7B | $1.8B |
| Total assets | $66.6B | $64.1B | $44.3B | $24.4B | $23.6B |
| Stockholders' equity | $22.5B | $17.0B | $16.5B | $6.5B | $6.0B |
| Cash and investments | $78.0M | $733.0M | $338.0M | $220.0M | $146.4M |
| Total debt | $33.1B | $32.3B | $21.8B | $13.7B | $13.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 27, 2026 | Oct 27, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Sep 15, 2026 | Sep 15, 2026 |
| 8-K |
Current report
Material agreement, Unregistered share sale, Regulation FD disclosure, Other events
|
Aug 31, 2026 | Aug 28, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Acquisition or sale of assets, Regulation FD disclosure
|
Aug 3, 2026 | Aug 3, 2026 |
All 1008 ONEOK, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.