Oneok
OKE
#396
Rank
$47.87 B
Marketcap
$82.02
Share price
0.76%
Change (1 day)
21.33%
Change (1 year)
Oneok is an American pipeline operator that operates in the midstream business - the long-distance transport and processing of gas products.

Operating Margin for Oneok (OKE)

Operating Margin as of July 2024 (TTM): 16.53%

According to Oneok's latest financial reports and stock price the company's current Operating Margin is 16.53%. At the end of 2023 the company had an Operating Margin of 24.68%.

Operating Margin history for Oneok from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202324.68%88.84%
202213.07%-20.43%
202116.43%-7.39%
202017.74%-15.86%
201921.08%33.57%
201815.78%25.87%
201712.54%-21.65%
201616.00%32.35%
201512.09%25.38%
20149.64%11.61%
20138.64%-19.72%
201210.76%24.44%
20118.65%4.84%
20108.25%-8.27%
20098.99%37.26%
20086.55%7.61%
20076.09%-2.86%
20066.27%48.58%
20054.22%-44.99%
20047.67%-48.55%
200314.91%-15.57%
200217.65%32.32%
200113.34%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.81% 74.29%๐Ÿ‡บ๐Ÿ‡ธ USA
14.51%-12.22%๐Ÿ‡บ๐Ÿ‡ธ USA
29.50% 78.46%๐Ÿ‡บ๐Ÿ‡ธ USA
54.55% 230.01%๐Ÿ‡บ๐Ÿ‡ธ USA
2.34%-85.84%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
-20.57%-224.44%๐Ÿ‡บ๐Ÿ‡ธ USA
4.17%-74.77%๐Ÿ‡บ๐Ÿ‡ธ USA
41.48% 150.94%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.