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How ONEOK INC /NEW/ makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$33.6B · 100%Cost of revenue$23.4B · 70%Gross profit$10.3B · 30%Operating income$5.7B · 17%Income before tax$4.5B · 13%Income tax$1.0B · 3%Net income$3.4B · 10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$33.6B100%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
Cost of revenue$23.4B70%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
$10.3B30%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
$5.7B17%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
Income before tax$4.5B13%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
Income tax$1.0B3%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
$3.4B10%
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001039684-26-000006 · filed Feb 24, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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