Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Oneok Inc /New/

OKE · NYSE · Natural Gas Transmisison & Distribution

Fundamental quality

REASONABLE

58

out of 100

Breakdown by area

I.GrowthEPS growth: 12.4% · Revenue growth: 15%
70
II.ProfitabilityNet margin: 10% · ROE: 15.8%
56
III.Financial healthNet debt/EBITDA: 4.27x · FCF: 6.4%
47

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Strengths

  • Growing revenue (15% annualized).
  • Growing earnings per share (12.4% annualized).

Risks and weaknesses

  • High leverage (net debt of 4.27× EBITDA).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2021$16,540M$1,500M$1,849M$13,497M
2022$22,387M$1,722M$1,704M$13,401M
2023$17,677M$2,659M$2,826M$21,329M
2024$21,698M$3,035M$2,867M$31,344M
2025$33,629M$3,393M$2,447M$31,918M

Between 2021 and 2025, revenue went from $16,540M to $33,629M (+103%) and net income went from $1,500M to $3,393M (+126%).

Annual figures in U.S. dollars per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Oneok Inc /New/ a profitable company?

Yes. Oneok Inc /New/ shows a net margin of 10% and an ROE of 15.8%, a sign of a profitable business.

Does Oneok Inc /New/ have a lot of debt?

Yes, its leverage is high: net debt is 4.27 times its EBITDA.

Is Oneok Inc /New/ growing?

Its revenue has grown 15% annualized in recent years and its earnings per share 12.4%.

Does Oneok Inc /New/ generate cash?

Yes. It converts about 6.4% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Oneok Inc /New/ cheap or expensive?

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