Selected Financial Data
since 2005
Income Statement
ONEOK Inc., selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Revenues | Operating income | Net income |
|---|---|---|---|
| Dec 31, 2022 | 22,386,892) | 2,807,419) | 1,722,221) |
| Dec 31, 2021 | 16,540,309) | 2,596,259) | 1,499,706) |
| Dec 31, 2020 | 8,542,242) | 1,361,357) | 612,809) |
| Dec 31, 2019 | 10,164,367) | 1,914,353) | 1,278,577) |
| Dec 31, 2018 | 12,593,196) | 1,835,464) | 1,151,703) |
| Dec 31, 2017 | 12,173,907) | 1,380,895) | 387,841) |
| Dec 31, 2016 | 8,920,934) | 1,285,676) | 352,039) |
| Dec 31, 2015 | 7,763,206) | 996,159) | 244,977) |
| Dec 31, 2014 | 12,195,091) | 1,143,571) | 314,107) |
| Dec 31, 2013 | 14,602,717) | 926,734) | 266,533) |
| Dec 31, 2012 | 12,632,559) | 1,102,500) | 360,619) |
| Dec 31, 2011 | 14,805,794) | 1,158,913) | 360,594) |
| Dec 31, 2010 | 13,030,051) | 944,017) | 334,632) |
| Dec 31, 2009 | 11,111,651) | 894,640) | 305,451) |
| Dec 31, 2008 | 16,157,433) | 917,004) | 311,909) |
| Dec 31, 2007 | 13,477,414) | 822,543) | 304,921) |
| Dec 31, 2006 | 11,896,104) | 861,566) | 306,312) |
| Dec 31, 2005 | 12,676,230) | 798,972) | 546,545) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Revenues
- The revenues of the company fluctuated over the years, reaching a peak in 2022. There was a significant dip in revenues from 2014 to 2015, but a notable recovery thereafter.
- Operating Income
- The operating income has shown a general upward trend, with some fluctuations. There was a substantial increase from 2014 to 2015 and a peak in 2018, followed by a slight decline.
- Net Income
- The net income displays variations, with a peak in 2018 followed by a decline in 2019. There was a sharp increase in net income from 2019 to 2020, reaching the highest point in 2022.
Balance Sheet: Assets
ONEOK Inc., selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2022 | 2,547,775) | 24,379,094) |
| Dec 31, 2021 | 2,374,374) | 23,621,613) |
| Dec 31, 2020 | 1,869,775) | 23,078,754) |
| Dec 31, 2019 | 1,470,334) | 21,812,121) |
| Dec 31, 2018 | 1,398,632) | 18,231,671) |
| Dec 31, 2017 | 1,764,458) | 16,845,937) |
| Dec 31, 2016 | 1,429,684) | 16,138,751) |
| Dec 31, 2015 | 975,210) | 15,446,111) |
| Dec 31, 2014 | 1,307,244) | 15,304,560) |
| Dec 31, 2013 | 2,370,802) | 17,707,558) |
| Dec 31, 2012 | 2,764,660) | 15,855,275) |
| Dec 31, 2011 | 2,318,812) | 13,696,635) |
| Dec 31, 2010 | 2,379,045) | 12,499,175) |
| Dec 31, 2009 | 2,588,464) | 12,827,683) |
| Dec 31, 2008 | 3,377,602) | 13,126,062) |
| Dec 31, 2007 | 2,951,475) | 11,062,034) |
| Dec 31, 2006 | 3,238,600) | 10,504,721) |
| Dec 31, 2005 | 4,405,793) | 10,013,466) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Current Assets:
- The data shows a fluctuating trend in current assets over the years. There was an initial increase from 2005 to 2008, followed by a significant decrease up to 2015. Subsequently, there was a gradual recovery from 2015 to 2022.
- Total Assets:
- Total assets exhibited a steady growth pattern from 2005 to 2019, with a notable increase in 2019. Although there was a decline in 2020, the trend reversed, showing an upward trajectory from 2020 to 2022.
Balance Sheet: Liabilities and Stockholders’ Equity
ONEOK Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Short-term borrowings and long-term debt | Total ONEOK shareholders’ equity | |
|---|---|---|---|
| Dec 31, 2022 | 3,051,627) | 13,620,834) | 6,493,885) |
| Dec 31, 2021 | 3,184,619) | 13,643,450) | 6,015,163) |
| Dec 31, 2020 | 1,344,547) | 14,236,071) | 6,042,398) |
| Dec 31, 2019 | 2,020,298) | 12,707,407) | 6,225,951) |
| Dec 31, 2018 | 2,108,436) | 9,380,984) | 6,579,543) |
| Dec 31, 2017 | 2,667,335) | 9,138,952) | 5,527,867) |
| Dec 31, 2016 | 2,836,701) | 9,440,923) | 188,745) |
| Dec 31, 2015 | 1,638,266) | 8,980,572) | 335,798) |
| Dec 31, 2014 | 2,392,345) | 8,258,875) | 592,115) |
| Dec 31, 2013 | 2,696,407) | 8,330,093) | 2,337,851) |
| Dec 31, 2012 | 2,812,994) | 7,343,397) | 2,129,609) |
| Dec 31, 2011 | 3,246,175) | 5,735,924) | 2,238,573) |
| Dec 31, 2010 | 3,151,112) | 4,886,633) | 2,448,623) |
| Dec 31, 2009 | 3,338,912) | 5,484,289) | 2,207,194) |
| Dec 31, 2008 | 4,193,764) | 6,500,776) | 2,088,170) |
| Dec 31, 2007 | 2,881,667) | 4,838,125) | 1,969,308) |
| Dec 31, 2006 | 2,064,177) | 4,055,014) | 2,215,958) |
| Dec 31, 2005 | 4,795,341) | 3,572,116) | 1,794,757) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Current Liabilities:
- The trend in current liabilities for ONEOK Inc. generally decreased from 2005 to 2022, with fluctuations along the way. A notable decline was observed from 2014 to 2019, followed by a slight increase. The company managed to significantly reduce its current liabilities over the years, resulting in a lower financial obligation by the end of the period.
- Short-term Borrowings and Long-term Debt:
- Short-term borrowings and long-term debt exhibited an increasing pattern for ONEOK Inc. throughout the period. There were spikes in 2018 and 2019, indicating increased borrowing, which could suggest strategic decisions or investments made by the company. Significant debt growth was evident, raising the company's overall financial leverage.
- Total ONEOK Shareholders’ Equity:
- The total shareholders' equity for ONEOK Inc. displayed fluctuations over the years, with a substantial increase from 2016 to 2017 and then a decrease by 2019. This decrease might have been impacted by various factors like dividends, buybacks, or financial performance. However, a rebound was observed in the later years, indicating a positive trend in equity from 2019 to 2022.
Cash Flow Statement
ONEOK Inc., selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Cash provided by (used in) operating activities | Cash used in investing activities | Cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2022 | 2,905,955) | (1,139,236) | (1,692,883) |
| Dec 31, 2021 | 2,546,272) | (665,292) | (2,259,085) |
| Dec 31, 2020 | 1,899,068) | (2,270,529) | 874,999) |
| Dec 31, 2019 | 1,946,779) | (3,768,758) | 1,830,962) |
| Dec 31, 2018 | 2,186,719) | (2,114,888) | (97,049) |
| Dec 31, 2017 | 1,315,412) | (567,633) | (959,461) |
| Dec 31, 2016 | 1,351,614) | (615,445) | (584,792) |
| Dec 31, 2015 | 1,006,980) | (1,190,719) | 108,589) |
| Dec 31, 2014 | 1,285,610) | (2,566,223) | 1,304,499) |
| Dec 31, 2013 | 1,294,767) | (2,642,031) | 912,959) |
| Dec 31, 2012 | 990,943) | (1,814,199) | 1,332,062) |
| Dec 31, 2011 | 1,359,972) | (1,371,626) | 55,432) |
| Dec 31, 2010 | 834,042) | (134,356) | (698,051) |
| Dec 31, 2009 | 1,452,694) | (787,794) | (1,145,559) |
| Dec 31, 2008 | 475,677) | (1,454,301) | 1,469,577) |
| Dec 31, 2007 | 1,029,660) | (1,151,784) | 72,961) |
| Dec 31, 2006 | 873,390) | (237,351) | (618,776) |
| Dec 31, 2005 | (179,659) | (533,413) | 711,529) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
- Cash provided by (used in) operating activities
- The company showed a general upward trend in cash provided by operating activities from 2005 to 2022. There were fluctuations in the earlier years, followed by steady growth from approximately 2010 onwards. The cash flow peaked in 2022 at US$ 2,905,955, marking a significant increase over the years.
- Cash used in investing activities
- Cash used in investing activities exhibited variability across the years with significant negative cash flows in 2007, 2008, and 2018. However, the trend showed improvement in later years, especially from 2014 to 2019. The year 2018 marked the lowest point with a cash outflow of US$ 3,768,758 before recovering in subsequent years.
- Cash provided by (used in) financing activities
- Financing activities resulted in mixed outcomes with both positive and negative cash flows over the analyzed period. Notable fluctuations were observed, especially in the mid to late 2010s. The year 2021 stood out with substantial cash inflows of US$ 1,839,962. However, 2022 showed a significant negative cash flow of US$ 1,692,883.
Per Share Data
ONEOK Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2022 | 3.85 | 3.84 | 3.74 |
| Dec 31, 2021 | 3.36 | 3.35 | 3.74 |
| Dec 31, 2020 | 1.42 | 1.42 | 3.74 |
| Dec 31, 2019 | 3.09 | 3.07 | 3.53 |
| Dec 31, 2018 | 2.80 | 2.78 | 3.25 |
| Dec 31, 2017 | 1.30 | 1.29 | 2.72 |
| Dec 31, 2016 | 1.67 | 1.66 | 2.46 |
| Dec 31, 2015 | 1.17 | 1.16 | 2.43 |
| Dec 31, 2014 | 1.50 | 1.49 | 2.13 |
| Dec 31, 2013 | 1.29 | 1.27 | 1.48 |
| Dec 31, 2012 | 1.75 | 1.71 | 1.27 |
| Dec 31, 2011 | 1.72 | 1.68 | 1.08 |
| Dec 31, 2010 | 1.57 | 1.55 | 0.91 |
| Dec 31, 2009 | 1.45 | 1.44 | 0.82 |
| Dec 31, 2008 | 1.49 | 1.47 | 0.78 |
| Dec 31, 2007 | 1.42 | 1.40 | 0.70 |
| Dec 31, 2006 | 1.37 | 1.34 | 0.61 |
| Dec 31, 2005 | 2.72 | 2.53 | 0.55 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings per Share:
- The trend in basic earnings per share for Company ONEOK Inc. shows fluctuations over the years. There was a decline from 2005 to 2006, followed by a gradual increase with minor dips in between. A significant jump was observed from 2017 to 2018, with the highest value recorded in 2020.
- Diluted Earnings per Share:
- Similar to basic earnings per share, diluted earnings per share for Company ONEOK Inc. displayed a pattern of variability over time. The values were relatively close to basic earnings per share figures, indicating minimal dilution impact on earnings per share calculations.
- Dividend per Share:
- The dividend per share distributed by Company ONEOK Inc. exhibited a consistent upward trajectory over the years. There was a steady increase from 2005 to 2014, followed by more substantial increments from 2015 onwards, reaching a plateau at 3.74 USD in 2020 that was maintained through 2022.