ONEOK Inc (OKE)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,989,000 | 4,520,000 | 4,131,000 | 3,639,000 | 4,072,000 | 3,729,419 | 3,690,419 | 3,642,419 | 2,807,419 | 2,703,167 | 2,671,026 | 2,593,538 | 2,596,259 | 2,482,755 | 2,365,329 | 2,109,547 | 1,361,357 | 1,310,008 | 1,241,726 | 1,362,142 |
| Revenue (ttm) | US$ in thousands | 21,625,000 | 19,328,000 | 18,279,000 | 17,117,000 | 17,157,000 | 17,259,030 | 19,198,560 | 21,462,560 | 22,386,560 | 22,775,020 | 21,397,670 | 18,790,630 | 16,540,310 | 13,690,400 | 11,328,480 | 9,600,250 | 8,542,240 | 8,635,270 | 8,724,240 | 9,521,090 |
| Operating profit margin | 23.07% | 23.39% | 22.60% | 21.26% | 23.73% | 21.61% | 19.22% | 16.97% | 12.54% | 11.87% | 12.48% | 13.80% | 15.70% | 18.14% | 20.88% | 21.97% | 15.94% | 15.17% | 14.23% | 14.31% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,989,000K ÷ $21,625,000K
= 23.07%
ONEOK Inc's operating profit margin has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The company's operating profit margin started at 14.31% in March 2020 and experienced a gradual increase, reaching a peak of 23.73% in December 2023. However, in the following quarters, the operating profit margin slightly decreased to 22.60% in June 2024, but then slightly increased again to 23.07% in December 2024.
The trend indicates that ONEOK Inc was able to effectively control its operating expenses and boost operating efficiency during the analyzed period, leading to improved operating profit margins. Notably, there were fluctuations in quarterly performance, but the general trend shows a positive trajectory in operating profitability.
It is essential for investors and stakeholders to monitor the company's operating profit margin closely to assess its operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024