Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of ONEOK.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.70B | $17.68B | $22.39B | $16.54B | $8.54B | $10.16B | $12.59B | $12.17B | $8.92B | $7.76B |
| Cost of Revenue | $14.45B | $12.70B | $18.54B | $12.88B | $5.69B | $7.26B | $9.85B | $9.94B | $6.89B | $6.00B |
| Gross Profit | $7.25B | $4.98B | $3.85B | $3.66B | $2.85B | $2.90B | $2.74B | $2.23B | $2.03B | $1.77B |
| Gross Profit Ratio | 33.43% | 28.17% | 17.20% | 22.14% | 33.40% | 28.53% | 21.77% | 18.31% | 22.79% | 22.77% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $1.32B | $958.25M | $900.42M | $761.18M | $876.43M | $819.88M | $737.92M | $668.34M | $605.75M |
| Other Expenses | $2.26B | $907.00M | $1.04B | $1.07B | $886.20M | $982.86M | $-14.25M | $-9.55M | $2.03M | $-4.39M |
| Operating Expenses | $2.26B | $1.68B | $1.04B | $1.07B | $886.20M | $982.86M | $907.07M | $833.59M | $757.18M | $693.33M |
| Cost and Expenses | $16.71B | $13.61B | $19.58B | $13.95B | $6.58B | $8.25B | $10.76B | $10.78B | $7.64B | $6.69B |
| Interest Income | $- | $- | $675.95M | $732.92M | $712.89M | $491.77M | $- | $- | $- | $- |
| Interest Expense | $1.37B | $866.00M | $675.95M | $732.92M | $712.89M | $491.77M | $469.62M | $485.66M | $469.65M | $416.79M |
| Depreciation and Amortization | $1.13B | $769.00M | $626.13M | $621.70M | $578.66M | $476.54M | $428.56M | $406.33M | $391.58M | $354.62M |
| EBITDA | $3.87B | $5.11B | $3.52B | $3.30B | $2.55B | $2.38B | $2.25B | $1.80B | $1.67B | $1.43B |
| EBITDA Ratio | 17.85% | 28.91% | 15.71% | 19.94% | 29.82% | 23.42% | 17.84% | 14.78% | 18.69% | 18.41% |
| Operating Income | $4.99B | $4.07B | $2.81B | $2.60B | $2.14B | $1.91B | $1.84B | $1.38B | $1.29B | $996.16M |
| Operating Income Ratio | 22.99% | 23.04% | 12.54% | 15.70% | 25.00% | 18.83% | 14.58% | 11.34% | 14.41% | 12.83% |
| Total Other Income Expenses Net | $-879.00M | $-575.00M | $-557.00M | $-612.00M | $-559.04M | $-263.36M | $-317.53M | $-350.97M | $-337.82M | $-474.28M |
| Income Before Tax | $4.11B | $3.50B | $2.25B | $1.98B | $802.32M | $1.65B | $1.52B | $1.04B | $957.96M | $521.88M |
| Income Before Tax Ratio | 18.94% | 19.78% | 10.05% | 12.00% | 9.39% | 16.24% | 12.05% | 8.55% | 10.74% | 6.72% |
| Income Tax Expense | $1.07B | $838.00M | $527.42M | $484.50M | $189.51M | $372.41M | $362.90M | $447.28M | $212.41M | $136.60M |
| Net Income | $3.04B | $2.66B | $1.72B | $1.50B | $612.81M | $1.28B | $1.15B | $387.84M | $352.04M | $244.98M |
| Net Income Ratio | 13.99% | 15.04% | 7.69% | 9.07% | 7.17% | 12.58% | 9.15% | 3.19% | 3.95% | 3.16% |
| EPS | $5.19 | $5.49 | $3.85 | $3.36 | $1.42 | $3.09 | $2.80 | $1.30 | $1.67 | $1.17 |
| EPS Diluted | $5.18 | $5.48 | $3.84 | $3.35 | $1.42 | $3.08 | $2.78 | $1.29 | $1.66 | $1.16 |
| Weighted Average Shares Outstanding | 584.80M | 484.30M | 447.51M | 446.40M | 431.11M | 413.56M | 411.49M | 297.48M | 211.13M | 210.21M |
| Weighted Average Shares Outstanding Diluted | 586.50M | 485.40M | 448.45M | 447.40M | 431.78M | 415.44M | 414.19M | 299.78M | 212.38M | 210.54M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $733.00M | $338.00M | $220.23M | $146.39M | $524.50M | $20.96M | $11.97M | $37.19M | $248.88M | $97.62M |
| Short Term Investments | $- | $- | $11.00M | $- | $- | $- | $19.00M | $1.33M | $- | $- |
| Cash and Short Term Investments | $733.00M | $338.00M | $220.23M | $146.39M | $524.50M | $20.96M | $11.97M | $37.19M | $248.88M | $97.62M |
| Net Receivables | $2.33B | $1.71B | $1.53B | $1.44B | $829.80M | $835.12M | $820.66M | $1.20B | $872.43M | $593.98M |
| Inventory | $748.00M | $787.00M | $580.73M | $580.90M | $370.99M | $506.68M | $437.84M | $432.59M | $200.95M | $204.78M |
| Other Current Assets | $431.00M | $278.00M | $214.53M | $205.30M | $144.50M | $107.58M | $128.16M | $91.72M | $107.43M | $78.83M |
| Total Current Assets | $4.24B | $3.11B | $2.55B | $2.37B | $1.87B | $1.47B | $1.40B | $1.76B | $1.43B | $975.21M |
| Property Plant Equipment Net | $45.94B | $32.70B | $19.95B | $19.32B | $19.15B | $18.35B | $14.77B | $12.70B | $12.57B | $12.37B |
| Goodwill | $8.09B | $4.95B | $527.59M | $527.59M | $527.59M | $681.00M | $681.10M | $681.10M | $525.53M | $525.53M |
| Intangible Assets | $3.04B | $1.32B | $225.28M | $235.70M | $246.13M | $276.84M | $286.04M | $312.36M | $479.82M | $491.72M |
| Goodwill and Intangible Assets | $11.13B | $6.27B | $752.87M | $763.29M | $773.72M | $957.83M | $967.14M | $993.46M | $1.01B | $1.02B |
| Long Term Investments | $2.32B | $1.87B | $801.79M | $797.61M | $805.03M | $861.84M | $969.15M | $1.00B | $958.81M | $948.22M |
| Tax Assets | $- | $- | $1.74T | $1.17T | $669.70B | $536.10M | $108.40M | $205.91M | $1.62T | $1.44T |
| Other Non-Current Assets | $450.00M | $319.00M | $-1.74T | $-1.17T | $-669.22B | $-362.68M | $21.70M | $180.83M | $-1.62T | $-1.44T |
| Total Non-Current Assets | $59.83B | $41.16B | $21.83B | $21.25B | $21.21B | $20.34B | $16.83B | $15.08B | $14.71B | $14.47B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $64.07B | $44.27B | $24.38B | $23.62B | $23.08B | $21.81B | $18.23B | $16.85B | $16.14B | $15.45B |
| Account Payables | $2.19B | $1.56B | $1.36B | $1.33B | $719.30M | $1.21B | $1.12B | $1.14B | $874.73M | $615.98M |
| Short Term Debt | $1.06B | $507.00M | $937.00M | $1.06B | $23.41M | $321.64M | $509.42M | $1.05B | $1.52B | $656.99M |
| Tax Payables | $221.00M | $215.00M | $136.00M | $97.54M | $89.43M | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $1.74T | $333.14M | $334.58M | $190.75M | $161.38M | $135.31M | $112.51M | $129.04M |
| Other Current Liabilities | $1.25B | $1.17B | $619.63M | $696.99M | $512.40M | $488.75M | $482.68M | $479.44M | $441.04M | $365.29M |
| Total Current Liabilities | $4.72B | $3.45B | $3.05B | $3.18B | $1.34B | $2.02B | $2.11B | $2.67B | $2.84B | $1.64B |
| Long Term Debt | $31.02B | $21.26B | $12.76B | $12.84B | $14.34B | $12.54B | $8.90B | $8.09B | $7.92B | $8.32B |
| Deferred Revenue Non-Current | $- | $- | $331.11B | $431.87B | $706.08B | $550.00M | $-7.47B | $-5.96B | $321.85B | $264.25B |
| Deferred Tax Liabilities Non-Current | $5.45B | $2.59B | $1.74B | $1.17B | $669.70M | $536.06M | $219.73M | $52.70M | $1.62B | $1.44B |
| Other Non-Current Liabilities | $748.00M | $479.00M | $2.07B | $394.59M | $666.24M | $453.05M | $424.38M | $348.92M | $329.32M | $165.26M |
| Total Non-Current Liabilities | $37.22B | $24.33B | $14.83B | $14.42B | $15.69B | $13.57B | $9.54B | $8.49B | $9.87B | $10.04B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $41.94B | $27.78B | $17.89B | $17.61B | $17.04B | $15.59B | $11.65B | $11.16B | $12.71B | $11.68B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $6.00M | $6.00M | $4.75M | $4.75M | $4.75M | $4.45M | $4.45M | $4.23M | $2.46M | $2.46M |
| Retained Earnings | $- | $868.00M | $50.40M | $- | $- | $- | $- | $- | $- | $- |
| Accumulated Other Comprehensive Income Loss | $- | $-33.00M | $-108.26M | $-471.35M | $-551.45M | $-374.00M | $-188.24M | $-188.53M | $-154.35M | $-127.24M |
| Other Total Stockholders Equity | $17.03B | $15.64B | $6.55B | $6.48B | $6.59B | $6.60B | $6.76B | $5.71B | $340.64M | $460.58M |
| Total Stockholders Equity | $17.04B | $16.48B | $6.49B | $6.02B | $6.04B | $6.23B | $6.58B | $5.53B | $188.75M | $335.80M |
| Total Equity | $22.13B | $16.48B | $6.49B | $6.02B | $6.04B | $6.23B | $6.58B | $5.69B | $3.43B | $3.77B |
| Total Liabilities and Stockholders Equity | $64.07B | $44.27B | $24.38B | $23.62B | $23.08B | $21.81B | $18.23B | $16.85B | $16.14B | $15.45B |
| Minority Interest | $5.10B | $- | $- | $- | $- | $- | $- | $157.49M | $3.24B | $3.43B |
| Total Liabilities and Total Equity | $64.07B | $44.27B | $24.38B | $23.62B | $23.08B | $21.81B | $18.23B | $16.85B | $16.14B | $15.45B |
| Total Investments | $2.32B | $1.87B | $801.79M | $797.61M | $805.03M | $861.84M | $969.15M | $1.00B | $958.81M | $948.22M |
| Total Debt | $32.08B | $21.76B | $13.70B | $13.73B | $14.34B | $12.73B | $9.38B | $9.14B | $9.44B | $8.98B |
| Net Debt | $31.34B | $21.43B | $13.48B | $13.59B | $13.81B | $12.71B | $9.37B | $9.10B | $9.19B | $8.88B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.11B | $2.66B | $1.72B | $1.50B | $612.81M | $1.28B | $1.16B | $593.52M | $743.50M | $379.19M |
| Depreciation and Amortization | $1.13B | $769.00M | $626.13M | $621.70M | $578.66M | $476.54M | $428.56M | $406.33M | $391.58M | $354.62M |
| Deferred Income Tax | $889.00M | $829.00M | $463.42M | $472.06M | $186.73M | $372.73M | $361.01M | $437.92M | $211.64M | $137.74M |
| Stock Based Compensation | $- | $- | $53.00M | $54.00M | $29.40M | $37.15M | $31.66M | $26.26M | $40.56M | $16.43M |
| Change in Working Capital | $-43.00M | $358.00M | $3.40M | $-141.77M | $-160.50M | $-163.90M | $206.41M | $-192.60M | $-42.45M | $-148.97M |
| Accounts Receivables | $49.00M | $107.00M | $-87.27M | $-610.53M | $-1.30M | $-19.69M | $383.99M | $-330.52M | $-285.81M | $157.05M |
| Inventory | $17.00M | $118.00M | $-62.15M | $-105.04M | $77.12M | $-8.26M | $38.46M | $-202.26M | $-11.95M | $6.05M |
| Accounts Payables | $114.00M | $-62.00M | $-26.11M | $622.42M | $-80.26M | $-62.95M | $-320.13M | $261.31M | $287.63M | $-205.14M |
| Other Working Capital | $-223.00M | $195.00M | $178.92M | $-48.63M | $-156.06M | $-73.00M | $104.09M | $78.87M | $-32.33M | $-106.93M |
| Other Non Cash Items | $-204.00M | $-194.00M | $37.99M | $94.09M | $35.33M | $-54.31M | $4.05M | $43.98M | $6.78M | $267.96M |
| Net Cash Provided by Operating Activities | $4.89B | $4.42B | $2.91B | $2.55B | $1.90B | $1.95B | $2.19B | $1.32B | $1.35B | $1.01B |
| Investments in Property Plant and Equipment | $- | $-1.59B | $-1.20B | $-696.85M | $-2.20B | $-3.85B | $-2.14B | $-512.39M | $-624.63M | $-1.19B |
| Acquisitions Net | $-5.83B | $-5.01B | $-3.00M | $-1.00M | $- | $-4.03M | $-1.75M | $-87.86M | $-68.28M | $-27.54M |
| Purchases of Investments | $- | $- | $- | $- | $- | $-4.03M | $-1.75M | $-87.86M | $-68.28M | $-27.54M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $4.03M | $- | $- | $- | $33.91M |
| Other Investing Activities | $-783.00M | $206.00M | $65.82M | $32.56M | $-75.15M | $83.62M | $28.34M | $32.62M | $77.46M | $25.13M |
| Net Cash Used for Investing Activities | $-6.61B | $-6.40B | $-1.14B | $-665.29M | $-2.27B | $-3.77B | $-2.11B | $-567.63M | $-615.45M | $-1.19B |
| Debt Repayment | $5.09B | $4.00B | $-26.42M | $-604.89M | $1.57B | $3.35B | $248.45M | $-311.31M | $455.90M | $774.80M |
| Common Stock Issued | $- | $- | $32.44M | $32.79M | $969.76M | $29.04M | $1.20B | $471.36M | $21.97M | $396.33M |
| Common Stock Repurchased | $-159.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-2.31B | $-1.84B | $-1.67B | $-1.67B | $-1.61B | $-1.46B | $-1.34B | $-829.41M | $-517.60M | $-509.20M |
| Other Financing Activities | $-500.00M | $-58.00M | $-27.02M | $-19.55M | $-56.95M | $-88.54M | $-214.42M | $-290.10M | $-546.79M | $-553.34M |
| Net Cash Used Provided by Financing Activities | $2.12B | $2.10B | $-1.69B | $-2.26B | $875.00M | $1.83B | $-97.05M | $-959.46M | $-584.79M | $108.59M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $-121.00K | $-43.00K |
| Net Change in Cash | $395.00M | $118.00M | $73.84M | $-378.11M | $503.54M | $8.98M | $-25.22M | $-211.68M | $151.26M | $-75.19M |
| Cash at End of Period | $733.00M | $338.00M | $220.23M | $146.39M | $524.50M | $20.96M | $11.97M | $37.19M | $248.88M | $97.62M |
| Cash at Beginning of Period | $338.00M | $220.00M | $146.39M | $524.50M | $20.96M | $11.97M | $37.19M | $248.88M | $97.62M | $172.81M |
| Operating Cash Flow | $4.89B | $4.42B | $2.91B | $2.55B | $1.90B | $1.95B | $2.19B | $1.32B | $1.35B | $1.01B |
| Capital Expenditure | $- | $-1.59B | $-1.20B | $-696.85M | $-2.20B | $-3.85B | $-2.14B | $-512.39M | $-624.63M | $-1.19B |
| Free Cash Flow | $4.89B | $2.83B | $1.70B | $1.85B | $-296.31M | $-1.90B | $45.24M | $803.02M | $726.98M | $-181.33M |