Oneok annual debt-to-equity ratio
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2025
Oneok Debt-to-Equity Ratio Growth & History (OKE)
Oneok's debt-to-equity ratio was 1.47 for fiscal 2025.
View full Oneok company overviewOneok annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.47 | −0.43 | −22.45% |
| 2024 | 2024-12-31 | 1.90 | 0.58 | +43.57% |
| 2023 | 2023-12-31 | 1.32 | −0.79 | −37.42% |
| 2022 | 2022-12-31 | 2.11 | −0.17 | −7.58% |
| 2021 | 2021-12-31 | 2.28 | −0.09 | −3.79% |
| 2020 | 2020-12-31 | 2.37 | 0.32 | +15.86% |
| 2019 | 2019-12-31 | 2.05 | 0.62 | +43.19% |
| 2018 | 2018-12-31 | 1.43 | −0.22 | −13.50% |
| 2017 | 2017-12-31 | 1.65 | −48.37 | −96.69% |
| 2016 | 2016-12-31 | 50.02 | 23.28 | +87.03% |
| 2015 | 2015-12-31 | 26.74 | 12.87 | +92.74% |
| 2014 | 2014-12-31 | 13.88 | 10.31 | +289.49% |
| 2013 | 2013-12-31 | 3.56 | 0.11 | +3.32% |
| 2012 | 2012-12-31 | 3.45 | 1.26 | +57.73% |
| 2011 | 2011-12-31 | 2.19 | 0.42 | +23.64% |
| 2010 | 2010-12-31 | 1.77 | −0.32 | −15.20% |
| 2009 | 2009-12-31 | 2.09 | 0.06 | +2.92% |
| 2008 | 2008-12-31 | 2.03 | — | — |
Oneok quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.44 | −0.05 | −3.20% |
| Q1 2026 | 2026-03-31 | 1.51 | 0.01 | +0.37% |
| Q4 2025 | 2025-12-31 | 1.47 | −0.43 | −22.45% |
| Q3 2025 | 2025-09-30 | 1.53 | −0.14 | −8.33% |
| Q2 2025 | 2025-06-30 | 1.49 | 0.18 | +13.61% |
| Q1 2025 | 2025-03-31 | 1.50 | 0.16 | +12.10% |
| Q4 2024 | 2024-12-31 | 1.90 | 0.58 | +43.57% |
| Q3 2024 | 2024-09-30 | 1.67 | 0.31 | +23.11% |
| Q2 2024 | 2024-06-30 | 1.31 | −0.47 | −26.28% |
| Q1 2024 | 2024-03-31 | 1.34 | −0.53 | −28.29% |
| Q4 2023 | 2023-12-31 | 1.32 | −0.79 | −37.42% |
| Q3 2023 | 2023-09-30 | 1.35 | −0.84 | −38.36% |
| Q2 2023 | 2023-06-30 | 1.78 | −0.49 | −21.61% |
| Q1 2023 | 2023-03-31 | 1.87 | −0.44 | −19.03% |
| Q4 2022 | 2022-12-31 | 2.11 | −0.17 | −7.58% |
| Q3 2022 | 2022-09-30 | 2.20 | −0.25 | −10.13% |
| Q2 2022 | 2022-06-30 | 2.27 | −0.15 | −6.18% |
| Q1 2022 | 2022-03-31 | 2.30 | −0.04 | −1.64% |
| Q4 2021 | 2021-12-31 | 2.28 | −0.09 | −3.79% |
| Q3 2021 | 2021-09-30 | 2.44 | 0.11 | +4.55% |
| Q2 2021 | 2021-06-30 | 2.41 | 0.11 | +4.70% |
| Q1 2021 | 2021-03-31 | 2.34 | −0.22 | −8.69% |
| Q4 2020 | 2020-12-31 | 2.37 | 0.32 | +15.86% |
| Q3 2020 | 2020-09-30 | 2.34 | 0.32 | +16.12% |
| Q2 2020 | 2020-06-30 | 2.31 | 0.56 | +32.02% |
| Q1 2020 | 2020-03-31 | 2.57 | 0.96 | +59.82% |
| Q4 2019 | 2019-12-31 | 2.05 | 0.62 | +43.19% |
| Q3 2019 | 2019-09-30 | 2.01 | 0.67 | +49.52% |
| Q2 2019 | 2019-06-30 | 1.75 | 0.55 | +46.03% |
| Q1 2019 | 2019-03-31 | 1.61 | 0.41 | +34.04% |
| Q4 2018 | 2018-12-31 | 1.43 | −0.22 | −13.50% |
| Q3 2018 | 2018-09-30 | 1.35 | −0.42 | −23.73% |
| Q2 2018 | 2018-06-30 | 1.20 | −0.58 | −32.65% |
| Q1 2018 | 2018-03-31 | 1.20 | −39.16 | −97.03% |
| Q4 2017 | 2017-12-31 | 1.65 | −48.37 | −96.69% |
| Q3 2017 | 2017-09-30 | 1.76 | −42.45 | −96.01% |
| Q2 2017 | 2017-06-30 | 1.78 | −37.63 | −95.49% |
| Q1 2017 | 2017-03-31 | 40.36 | 8.20 | +25.51% |
| Q4 2016 | 2016-12-31 | 50.02 | 23.28 | +87.03% |
| Q3 2016 | 2016-09-30 | 44.21 | 23.17 | +110.10% |
| Q2 2016 | 2016-06-30 | 39.41 | 22.36 | +131.17% |
| Q1 2016 | 2016-03-31 | 32.16 | 15.51 | +93.17% |
| Q4 2015 | 2015-12-31 | 26.74 | 12.87 | +92.74% |
| Q3 2015 | 2015-09-30 | 21.04 | 9.48 | +82.01% |
| Q2 2015 | 2015-06-30 | 17.05 | 6.07 | +55.26% |
| Q1 2015 | 2015-03-31 | 16.65 | 4.10 | +32.67% |
| Q4 2014 | 2014-12-31 | 13.88 | 10.31 | +289.49% |
| Q3 2014 | 2014-09-30 | 11.56 | 7.76 | +203.91% |
| Q2 2014 | 2014-06-30 | 10.98 | 7.45 | +211.27% |
| Q1 2014 | 2014-03-31 | 12.55 | 9.49 | +310.53% |
| Q4 2013 | 2013-12-31 | 3.56 | 0.11 | +3.32% |
| Q3 2013 | 2013-09-30 | 3.80 | 0.64 | +20.37% |
| Q2 2013 | 2013-06-30 | 3.53 | 1.02 | +40.75% |
| Q1 2013 | 2013-03-31 | 3.06 | 0.58 | +23.36% |
| Q4 2012 | 2012-12-31 | 3.45 | 1.26 | +57.73% |
| Q3 2012 | 2012-09-30 | 3.16 | 0.92 | +41.07% |
| Q2 2012 | 2012-06-30 | 2.51 | 0.26 | +11.33% |
| Q1 2012 | 2012-03-31 | 2.48 | 0.32 | +14.78% |
| Q4 2011 | 2011-12-31 | 2.19 | 0.42 | +23.64% |
| Q3 2011 | 2011-09-30 | 2.24 | 0.44 | +24.77% |
| Q2 2011 | 2011-06-30 | 2.25 | 0.43 | +23.80% |
| Q1 2011 | 2011-03-31 | 2.16 | 0.23 | +11.80% |
| Q4 2010 | 2010-12-31 | 1.77 | −0.32 | −15.20% |
| Q3 2010 | 2010-09-30 | 1.80 | −0.36 | −16.64% |
| Q2 2010 | 2010-06-30 | 1.82 | −0.32 | −14.79% |
| Q1 2010 | 2010-03-31 | 1.93 | — | — |
| Q4 2009 | 2009-12-31 | 2.09 | 0.06 | +2.92% |
| Q3 2009 | 2009-09-30 | 2.15 | — | — |
| Q2 2009 | 2009-06-30 | 2.13 | — | — |
| Q4 2008 | 2008-12-31 | 2.03 | — | — |
Oneok debt-to-equity ratio trends
Over the last five fiscal years, Oneok's debt-to-equity ratio decreased from 2.37 to 1.47, a change of −0.90. The latest reported quarter, Q2 2026, shows 1.44.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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