ONEOK Past Earnings Performance

Past criteria checks 4/6

ONEOK has been growing earnings at an average annual rate of 21%, while the Oil and Gas industry saw earnings growing at 35.6% annually. Revenues have been growing at an average rate of 16.9% per year. ONEOK's return on equity is 16.1%, and it has net margins of 15%.

Key information

21.0%

Earnings growth rate

18.2%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate16.9%
Return on equity16.1%
Net Margin15.0%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock

Mar 06

Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%

Feb 28
Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%

ONEOK Navigates New Waters With Magellan

Feb 27

Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?

Feb 26
Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?

ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1

Feb 05

Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly

Jan 17
Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly

ONEOK's Premium May Be Justified By Growth

Jan 15

ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate

Jan 02
ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate

ONEOK: Deleveraging Likely To Limit Dividend Growth

Dec 28

ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing

Dec 18
ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing

ONEOK: Get Paid A 6% Yield And Beat The S&P 500

Nov 24

Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors

Nov 21
Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors

Is 6%-Yielding ONEOK An Unbeatable S&P 500 Income Play?

Oct 24

ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel

Oct 12

Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Sep 22
Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Magellan Midstream Partners And ONEOK: The Upcoming Vote Is Heating Up

Sep 08

A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Sep 06
A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: Expanding Competitive Advantage Amidst Inherent Risks

Aug 25

Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?

Aug 08
Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?

ONEOK Has Reliable Cash Flow Growth Potential

Jul 31

ONEOK - Buying For The Dividend And The Growth

Jul 22

ONEOK: Captivating Dividend Yield And Secular Growth Potential

Jun 20

Is ONEOK (NYSE:OKE) Using Too Much Debt?

Jun 06
Is ONEOK (NYSE:OKE) Using Too Much Debt?

An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued

May 22
An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued

ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 24
ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year

ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital

Mar 19
ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital

ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet

Mar 07
ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet

ONEOK Q4 2022 Earnings Preview

Feb 26

ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth

Feb 22
ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth

ONEOK: 25+ Years Of Uninterrupted Dividends From This Toll Road-Like Business

Feb 20

ONEOK raises quarterly dividend by 2.1% to $0.955/share

Jan 18

Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Jan 16
Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: Buy This 5.4% Yielding Retirement Dream Blue-Chip

Jan 12

ONEOK files application for new natural gas pipeline near U.S.-Mexico border

Dec 20

ONEOK: A Clear Beneficiary Of The Russia-Europe Problem

Dec 12

ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital

Dec 11
ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital

Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Nov 29
Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching

Nov 17
Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching

ONEOK prices $750M senior notes offering

Nov 16

ONEOK: 6% Yield, 9% Dividend Growth, Q3 Earnings This Week

Oct 30

ONEOK declares $0.935 dividend

Oct 19

ONEOK: A Smart 7.4% Yield To Turbocharge Your Retirement

Sep 27

Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Sep 19
Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: The Good And The Bad Of Higher Gas Prices

Aug 27

Is ONEOK (NYSE:OKE) A Risky Investment?

Aug 26
Is ONEOK (NYSE:OKE) A Risky Investment?

Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%

Aug 14
Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%

Revenue & Expenses Breakdown
Beta

How ONEOK makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:OKE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2317,6772,6581,3190
30 Sep 2317,4742,4551,1170
30 Jun 2319,1992,4331,0480
31 Mar 2321,4632,3799920
31 Dec 2222,3871,7219580
30 Sep 2222,7751,6159390
30 Jun 2221,3981,5769260
31 Mar 2218,7911,5049070
31 Dec 2116,5401,4999000
30 Sep 2113,6901,4278720
30 Jun 2111,3281,3488250
31 Mar 219,6001,1408070
31 Dec 208,5426127610
30 Sep 208,6356247870
30 Jun 208,7246218300
31 Mar 209,5217988460
31 Dec 1910,1641,2778760
30 Sep 1910,6371,2508600
30 Jun 1911,7681,2548490
31 Mar 1912,2711,2238450
31 Dec 1812,5931,1518200
30 Sep 1813,2499218050
30 Jun 1812,7617737740
31 Mar 1812,5265647580
31 Dec 1712,1743877380
30 Sep 1711,0364157120
30 Jun 1710,4883426980
31 Mar 179,8963576750
31 Dec 168,9213546680
30 Sep 168,1972916520
30 Jun 167,7382846330
31 Mar 167,7322756070
31 Dec 157,7632516060
30 Sep 158,6773176080
30 Jun 159,8982966140
31 Mar 1510,8372896270
31 Dec 1412,1953205990
30 Sep 1412,8003005660
30 Jun 1412,8153075290
31 Mar 1412,5173134840
31 Dec 1311,8722794790
30 Sep 1312,0823175500
30 Jun 1311,9763096390
31 Mar 1311,7362957350

Quality Earnings: OKE has a large one-off gain of $621.0M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: OKE's current net profit margins (15%) are higher than last year (7.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: OKE's earnings have grown significantly by 21% per year over the past 5 years.

Accelerating Growth: OKE's earnings growth over the past year (54.4%) exceeds its 5-year average (21% per year).

Earnings vs Industry: OKE earnings growth over the past year (54.4%) exceeded the Oil and Gas industry -16%.


Return on Equity

High ROE: OKE's Return on Equity (16.1%) is considered low.


Return on Assets


Return on Capital Employed


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