To the full analysis
ONEOK stock: growth
OKEONEOK reported $33.63B in revenue for fiscal 2025, up 55.4% on the prior year, up 31.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.6%
per year from 2006 to 2025, per share 0%
Earnings (Annual rate)
13.5%
per year from 2006 to 2025, per share 7.5%
Free cash flow (Annual rate)
8.8%
per year from 2006 to 2025, per share 3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 31.8% | 15.9% | 5.6% |
| Revenue per share | 22.2% | 3.9% | 0.0% |
| Earnings | 40.8% | 30.1% | 13.5% |
| Earnings per share | 30.8% | 16.6% | 7.5% |
| Free cash flow | no data | no data | 8.8% |
| Free cash flow per share | no data | no data | 3.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $11.9B | $306.31M | $497.08M |
| 2007 | $13.48B | $304.92M | $145.96M |
| 2008 | $16.15B | $311.91M | −$997.46M |
| 2009 | $11.3B | $305.45M | $661.45M |
| 2010 | $12.86B | $334.63M | $251.29M |
| 2011 | $14.76B | $360.59M | $23.91M |
| 2012 | $12.48B | $360.62M | −$875.21M |
| 2013 | $14.58B | $266.53M | −$961.82M |
| 2014 | $12.22B | $314.11M | −$493.54M |
| 2015 | $7.68B | $244.98M | −$181.33M |
| 2016 | $8.89B | $352.04M | $726.98M |
| 2017 | $12.24B | $387.84M | $803.02M |
| 2018 | $12.62B | $1.15B | $45.24M |
| 2019 | $10.11B | $1.28B | −$1.9B |
| 2020 | $8.46B | $612.81M | −$296.31M |
| 2021 | $17.27B | $1.5B | $1.85B |
| 2022 | $22.87B | $1.72B | $1.7B |
| 2023 | $17.68B | $2.66B | $2.83B |
| 2024 | $21.64B | $3.04B | $2.87B |
| 2025 | $33.63B | $3.4B | $2.45B |
Revenue by segment
How ONEOK, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Liquids Commodity$25.6B76%
- Residue Natural Gas Sales$3.3B10%
- Transportation and Storage$3.1B9%
- Exchange Services and Natural Gas Gathering and Processing$1.5B4%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Liquids Commodity | $25.57B | 76% |
| Residue Natural Gas Sales | $3.31B | 9.8% |
| Transportation and Storage | $3.14B | 9.3% |
| Exchange Services and Natural Gas Gathering and Processing | $1.47B | 4.4% |
| Total revenue | $33.63B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.