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ONEOK INC /NEW/ (OKE) Debt / Equity

ONEOK INC /NEW/ Debt/Equity Ratio

The debt/equity ratio shows how much a company has borrowed for every dollar its shareholders have put in. It is long-term debt, both the part due within a year and the rest, divided by shareholder equity, shown as a multiple with both amounts in the table. A higher ratio means the company relies more on borrowed money than on shareholder capital. Because equity shrinks through buybacks or losses, the ratio can rise even when debt is unchanged, and it has no meaning when equity is negative. Quarterly points use quarter-end balances; annual points use fiscal-year-end balances.

  • ONEOK INC /NEW/ debt/equity ratio for the quarter ending 2026-06-30 was 1.37, a 4.03% decline year-over-year.
  • ONEOK INC /NEW/ debt/equity ratio for the quarter ending 2026-03-31 was 1.43, a 3.95% decline year-over-year.
  • ONEOK INC /NEW/ debt/equity ratio for the quarter ending 2025-12-31 was 1.42, a 24.43% decline year-over-year.
  • ONEOK INC /NEW/ debt/equity ratio for the quarter ending 2025-09-30 was 1.53, a 8.33% decline year-over-year.
  • ONEOK INC /NEW/ debt/equity ratio for fiscal 2025 was 1.42, a 2.18% decline from fiscal 2024.
  • ONEOK INC /NEW/ debt/equity ratio for fiscal 2024 was 1.45, a 10.26% increase from fiscal 2023.
  • ONEOK INC /NEW/ debt/equity ratio for fiscal 2023 was 1.31, a 37.33% decline from fiscal 2022.
  • ONEOK INC /NEW/ debt/equity ratio for fiscal 2022 was 2.1, a 7.51% decline from fiscal 2021.
Available history
2008-12-31 to 2026-06-30
Data captured

Historical Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2026-06-301.37$31.52B$22.94B
2026-03-311.43$32.01B$22.36B
2025-12-311.42$32B$22.49B
2025-09-301.53$33.73B$22.08B
2025-06-301.43$31.26B$21.83B
2025-03-311.49$31.84B$21.36B
2024-12-311.88$32.08B$17.04B
2024-09-301.67$28.14B$16.89B
2024-06-301.3$21.69B$16.71B
2024-03-311.32$21.68B$16.45B
2023-12-311.31$21.67B$16.48B
2023-09-301.35$21.95B$16.3B
2023-06-301.77$12.74B$7.22B
2023-03-311.85$13.23B$7.13B
2022-12-312.1$13.62B$6.49B
2022-09-302.04$12.88B$6.31B
2022-06-302.25$13.77B$6.12B
2022-03-312.28$13.65B$5.99B
2021-12-312.27$13.64B$6.02B
2021-09-302.43$14.18B$5.84B
2021-06-302.4$14.17B$5.91B
2021-03-312.33$14.18B$6.1B
2020-12-312.36$14.24B$6.04B
2020-09-302.32$14.26B$6.15B
2020-06-302.29$14.28B$6.24B
2020-03-312.55$14.15B$5.56B
2019-12-312.01$12.49B$6.23B
2019-09-302.01$12.49B$6.22B
2019-06-301.74$11.06B$6.35B
2019-03-311.6$10.31B$6.44B
2018-12-311.43$9.38B$6.58B
2018-09-301.33$8.83B$6.65B
2018-06-301.17$8.02B$6.84B
2018-03-311.2$8.02B$6.7B
2017-12-311.54$8.52B$5.53B
2017-09-301.59$8.52B$5.36B
2017-06-301.54$8.33B$5.41B
2017-03-3134.95$8.33B$238.38M
2016-12-3144.14$8.33B$188.75M
2016-09-3040.98$8.78B$214.3M
2016-06-3036.98$8.78B$237.43M
2016-03-3130.61$8.78B$286.89M
2015-12-3125.12$8.43B$335.8M
2015-09-3020.35$8.43B$414.47M
2015-06-3015.37$7.95B$517.51M
2015-03-3115.09$8B$530.16M
2014-12-3112.09$7.16B$592.12M
2014-09-3011.56$7.21B$623.23M
2014-06-3010.98$7.21B$656.43M
2014-03-3112.33$7.21B$584.5M
2013-12-313.32$7.76B$2.34B
2013-09-303.55$7.77B$2.19B
2013-06-303.13$6.52B$2.09B
2013-03-313.06$6.52B$2.13B
2012-12-313.06$6.53B$2.13B
2012-09-303.16$6.53B$2.07B
2012-06-302.51$5.24B$2.09B
2012-03-312.48$5.59B$2.26B
2011-12-312.19$4.89B$2.24B
2011-09-302.24$4.9B$2.19B
2011-06-302.25$4.99B$2.22B
2011-03-312.16$5.39B$2.5B
2010-12-311.77$4.33B$2.45B
2010-09-301.8$4.34B$2.41B
2010-06-301.82$4.34B$2.39B
2010-03-311.93$4.6B$2.38B
2009-12-312.09$4.6B$2.21B
2009-09-302.15$4.61B$2.14B
2009-06-302.13$4.61B$2.16B
2008-12-312.03$4.23B$2.09B

Annual Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2025-12-311.42$32B$22.57B
2024-12-311.45$32.08B$22.13B
2023-12-311.31$21.67B$16.48B
2022-12-312.1$13.62B$6.49B
2021-12-312.27$13.64B$6.02B
2020-12-312.36$14.24B$6.04B
2019-12-312.01$12.49B$6.23B
2018-12-311.43$9.38B$6.58B
2017-12-311.5$8.52B$5.69B
2016-12-312.43$8.33B$3.43B
2015-12-312.24$8.43B$3.77B
2014-12-311.79$7.16B$4.01B
2013-12-311.6$7.76B$4.85B
2012-12-311.54$6.53B$4.23B
2011-12-311.29$4.89B$3.8B
2010-12-311.1$4.33B$3.92B
2009-12-311.34$4.6B$3.45B
2008-12-311.34$4.23B$3.17B

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