ONEOKFRA:ONK +1.37%87 EBITDA Margin % is 19.11% as of Mar. 2026, which is 12% below its 10-year median of 21.78. GuruFocus rates FRA:ONK with a GF Score™ of 87/100 and a GF Value™ of €91.58 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 916 Oil & Gas companies, ONEOK ranks better than 61.03% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. ONEOK's EBITDA for the
three
months ended in Mar. 2026 was €1,590 Mil. ONEOK's Revenue for the
three
months ended in Mar. 2026 was €8,320 Mil. Therefore, ONEOK's EBITDA margin for the quarter that ended in Mar. 2026 was 19.11%.
ONEOK (FRA:ONK) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
ONEOK EBITDA Margin % Related Terms
ONEOK EBITDA Margin % Historical Data
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The historical data trend for ONEOK's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:ONK vs TRGP, MPLX, LNG: EBITDA Margin % Comparison
For the Oil & Gas Midstream subindustry, ONEOK's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ONEOK EBITDA Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ONEOK's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where ONEOK's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONEOK (FRA:ONK) has a EBITDA Margin % of 19.11% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on ONEOK and its competitors. This is 12% below median its historical median of 21.78. Over the past decade, ONEOK's EBITDA Margin % has ranged from 15.87 to 30.49. According to the industry distribution chart, ONEOK ranks #357 out of 916 companies in the Oil & Gas industry, placing it in the top 39%.
Is ONEOK's EBITDA Margin % too high?
ONEOK's current EBITDA Margin % of 19.11% is 12% below median its 10-year median of 21.78. Over the past 10 years, this metric has ranged from a low of 15.87 to a high of 30.49. The Oil & Gas industry median EBITDA Margin % is 13.80. ONEOK's value of 19.11% is 38.5% above this industry median. Based on the distribution chart, ONEOK ranks #357 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ONEOK has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ONEOK's EBITDA Margin % compare to TRGP and MPLX?
According to the Oil & Gas industry distribution chart, ONEOK ranks #357 out of 916 companies for EBITDA Margin %. This puts ONEOK in the upper half of its industry. The industry median EBITDA Margin % is 13.80. ONEOK's value of 19.11% is 38.5% above this benchmark. Historically, ONEOK's own EBITDA Margin % has ranged from 15.87 to 30.49 over the past decade. While the company's 10-year median is 21.78 vs. the industry median of 13.80, ONEOK has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ONEOK's current EBITDA Margin % of 19.11% is 38.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on ONEOK and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ONEOK's current EBITDA Margin % is 19.11%, which is 12% below median its own 10-year median of 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ONEOK stock overvalued right now?
Based on GuruFocus' analysis, ONEOK (FRA:ONK) is currently considered Modestly Undervalued. The stock's GF Value™ is €91.58, compared to a current price of €78.18 — trading 14.6% below its estimated fair value. The current EBITDA Margin % is 19.11%, which is 12% below median its 10-year median of 21.78 and 38.5% above the Oil & Gas industry median of 13.80. ONEOK's overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For ONEOK (FRA:ONK), the current EBITDA Margin % is 19.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ONEOK (FRA:ONK) Overvalued in 2026?
Based on GuruFocus' analysis, ONEOK stock appears to be undervalued.
The current stock price of €78.18 is trading 14.6% below its estimated GF Value™ of €91.58.
GuruFocus considers ONEOK to be Modestly Undervalued.
Key valuation signals for FRA:ONK:
EBITDA Margin %: 19.11% (12% below median its 10-year median of 21.78)
GF Value™: €91.58 vs. price of €78.18 (14.6% below fair value)
Industry Position: 38.5% above the Oil & Gas median (#357 of 916)
No single metric tells the full story. See the FRA:ONK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation, as well as natural gas liquids transportation and fractionation. It also operates in the refined product and crude oil segment, connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.
87GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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