ONEOK Historical Income Statement

0KCI Stock

99.85 1.61 1.64%

Historical analysis of ONEOK income statement accounts such as Gross Profit of 5.2 B, Operating Income of 4.3 B or Ebitda of 5.4 B can show how well ONEOK Inc performed in making a profits. Evaluating ONEOK income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ONEOK's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining ONEOK Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ONEOK Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About ONEOK Income Statement Analysis

ONEOK Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ONEOK shareholders. The income statement also shows ONEOK investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ONEOK Income Statement Chart

At this time, ONEOK's EBIT is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 3.7 B in 2024, whereas Cost Of Revenue is likely to drop slightly above 8.3 B in 2024.

Gross Profit Operating Income Ebitda Depreciation And Amortization Other Operating Expenses Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ONEOK Inc minus its cost of goods sold. It is profit before ONEOK operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from ONEOK Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ONEOK Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ONEOK Inc. It is also known as ONEOK overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from ONEOK's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ONEOK Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	3.7B	3.9B	5.0B	5.2B
Total Revenue	16.5B	22.4B	17.7B	18.6B

Gross Profit Total Revenue

ONEOK income statement Correlations

	Total Revenue	Gross Profit	Operating Income	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Interest Expense	Other Operating Expenses	Ebit	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Tax Provision	Interest Income	Extraordinary Items	Minority Interest	Selling General Administrative
Total Revenue		0.75	0.62	0.67	0.68	0.08	0.74	0.66	0.91	0.73	0.91	0.7	0.75	-0.52	-0.01	0.5	-0.43	-0.41	0.54
Gross Profit	0.75		0.98	0.99	0.98	0.48	0.95	0.92	0.45	0.99	0.45	0.67	0.98	-0.74	0.18	0.71	-0.69	-0.76	0.78
Operating Income	0.62	0.98		1.0	0.98	0.62	0.9	0.89	0.3	0.98	0.3	0.55	0.96	-0.72	0.16	0.73	-0.67	-0.81	0.8
Ebitda	0.67	0.99	1.0		0.98	0.58	0.93	0.91	0.35	0.99	0.35	0.59	0.97	-0.74	0.15	0.72	-0.65	-0.81	0.79
Net Income	0.68	0.98	0.98	0.98		0.58	0.89	0.85	0.38	0.97	0.38	0.59	0.98	-0.67	0.28	0.64	-0.67	-0.78	0.71
Income Tax Expense	0.08	0.48	0.62	0.58	0.58		0.26	0.26	-0.17	0.48	-0.16	0.02	0.53	-0.13	0.16	0.34	-0.33	-0.6	0.39
Depreciation And Amortization	0.74	0.95	0.9	0.93	0.89	0.26		0.98	0.48	0.95	0.47	0.66	0.9	-0.84	0.13	0.73	-0.71	-0.66	0.79
Interest Expense	0.66	0.92	0.89	0.91	0.85	0.26	0.98		0.39	0.93	0.39	0.59	0.85	-0.9	0.1	0.75	-0.73	-0.63	0.81
Other Operating Expenses	0.91	0.45	0.3	0.35	0.38	-0.17	0.48	0.39		0.42	1.0	0.69	0.45	-0.34	-0.16	0.4	-0.28	-0.01	0.39
Ebit	0.73	0.99	0.98	0.99	0.97	0.48	0.95	0.93	0.42		0.42	0.65	0.98	-0.76	0.17	0.69	-0.65	-0.8	0.76
Cost Of Revenue	0.91	0.45	0.3	0.35	0.38	-0.16	0.47	0.39	1.0	0.42		0.68	0.45	-0.34	-0.17	0.4	-0.27	-0.01	0.39
Total Operating Expenses	0.7	0.67	0.55	0.59	0.59	0.02	0.66	0.59	0.69	0.65	0.68		0.65	-0.42	-0.02	0.59	-0.4	-0.27	0.56
Income Before Tax	0.75	0.98	0.96	0.97	0.98	0.53	0.9	0.85	0.45	0.98	0.45	0.65		-0.64	0.26	0.59	-0.61	-0.8	0.66
Total Other Income Expense Net	-0.52	-0.74	-0.72	-0.74	-0.67	-0.13	-0.84	-0.9	-0.34	-0.76	-0.34	-0.42	-0.64		0.11	-0.77	0.65	0.4	-0.81
Tax Provision	-0.01	0.18	0.16	0.15	0.28	0.16	0.13	0.1	-0.16	0.17	-0.17	-0.02	0.26	0.11		-0.38	-0.45	-0.25	-0.33
Interest Income	0.5	0.71	0.73	0.72	0.64	0.34	0.73	0.75	0.4	0.69	0.4	0.59	0.59	-0.77	-0.38		-0.58	-0.28	0.99
Extraordinary Items	-0.43	-0.69	-0.67	-0.65	-0.67	-0.33	-0.71	-0.73	-0.28	-0.65	-0.27	-0.4	-0.61	0.65	-0.45	-0.58		0.27	-0.62
Minority Interest	-0.41	-0.76	-0.81	-0.81	-0.78	-0.6	-0.66	-0.63	-0.01	-0.8	-0.01	-0.27	-0.8	0.4	-0.25	-0.28	0.27		-0.39
Selling General Administrative	0.54	0.78	0.8	0.79	0.71	0.39	0.79	0.81	0.39	0.76	0.39	0.56	0.66	-0.81	-0.33	0.99	-0.62	-0.39

Click cells to compare fundamentals

ONEOK Account Relationship Matchups

ONEOK income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Revenue	10.2B	8.5B	16.5B	22.4B	17.7B	18.6B
Gross Profit	2.9B	2.9B	3.7B	3.9B	5.0B	5.2B
Operating Income	1.9B	2.1B	2.6B	2.8B	4.1B	4.3B
Ebitda	2.4B	2.5B	3.3B	3.5B	5.1B	5.4B
Net Income	1.3B	612.8M	1.5B	1.7B	2.7B	2.8B
Income Tax Expense	372.4M	189.5M	484.5M	527.4M	838M	879.9M
Depreciation And Amortization	476.5M	578.7M	621.7M	626.1M	769M	807.5M
Interest Expense	491.8M	712.9M	732.9M	675.9M	866M	909.3M
Other Operating Expenses	8.2B	6.6B	13.9B	19.6B	13.6B	9.2B
Ebit	1.9B	2.0B	2.7B	2.9B	4.3B	4.6B
Cost Of Revenue	7.3B	5.7B	12.9B	18.5B	12.7B	8.3B
Total Operating Expenses	982.9M	886.2M	1.1B	1.0B	1.7B	865.0M
Income Before Tax	1.7B	802.3M	2.0B	2.2B	3.5B	3.7B
Total Other Income Expense Net	(263.4M)	(559.0M)	(612M)	(557M)	(575M)	(546.3M)
Tax Provision	306.0M	362.9M	372.4M	189.5M	217.9M	317.5M
Interest Income	326.4M	311.2M	337.2M	569.6M	655.1M	412.4M
Net Income Applicable To Common Shares	1.3B	611.7M	1.5B	1.7B	2.0B	1.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for ONEOK Stock Analysis

When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC