← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
ONEOK: Revenue grew 55.0% to $33.629B from $21.698B. Net income grew 11.8% to $3.393B from $3.035B. Free cash flow declined 14.6% to $2.447B from $2.867B. Operating margin contracted 592 bps to 17.07%. ONEOK's annual comparison also shows free cash flow declined despite revenue growth; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 55.0%OK
- Profitability — Net income grew 11.8% to $3.393B from $3.035BOK
- Cash flow — Free cash flow declined 14.6% to $2.447B from $2.867BWatch
- Margins — Operating margin contracted 592 bps to 17.07%Watch
- Accounting — Distress-range screen needs contextWatch
- Insiders — 1 purchases and 0 salesOK
Business
ONEOK owns natural-gas and natural-gas-liquids gathering, processing, pipeline and storage assets.
Where the revenue comes from
Fiscal 2025, as ONEOK INC /NEW/ reports it. History and quarterly detail are in the app.
- Natural Gas Liquids$16.0B
- Refined Products and Crude$13.0B
- Natural Gas Gathering and Processing$7.7B
- Natural Gas Pipelines$1.8B
Leadership changes
From ONEOK INC /NEW/'s own filings, the day they're filed.
- Gerald B. Smith · director · departureeff. 2026-03-25
- Pattye L. Moore · Directors · departureeff. 2026-03-20
- Randy Lentz · President · appointmenteff. 2025-01-06
Latest filings
- 8-K · Company announcement2026-08-31
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-08-03
- 8-K · Company announcement2026-05-21
- 10-Q · Quarterly report2026-04-29
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about ONEOK INC /NEW/, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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