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GuruFocus has detected 8 Warning Signs with ONEOK Inc $OKE.
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ONEOK Inc (NYSE:OKE)
Pre-Tax Income
$958 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. ONEOK Inc's pretax income for the three months ended in Dec. 2016 was $250 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $958 Mil. ONEOK Inc's pretax margin was 9.40%.

During the past 13 years, ONEOK Inc's highest Pretax Margin was 10.74%. The lowest was 4.92%. And the median was 6.47%.


Definition

This is the income that a company earns before paying income taxes.

ONEOK Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1285.676+141.931+-469.651+0+1.13686837722E-13
=958

ONEOK Inc's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=329.6+34.219+-114.188+0+-2.84217094304E-14
=250

ONEOK Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 225.977 (Mar. 2016 ) + 232.544 (Jun. 2016 ) + 249.804 (Sep. 2016 ) + 249.631 (Dec. 2016 ) = $958 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

ONEOK Inc's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=249.631/2654.461
=9.40%

During the past 13 years, ONEOK Inc's highest Pretax Margin was 10.74%. The lowest was 4.92%. And the median was 6.47%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ONEOK Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 683795699755984944740820522958

ONEOK Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 152257133199203-14226233250250
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