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ONEOK INC /NEW/ Interest Expense 2007-2024 | OKE

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is ONEOK INC /NEW/'s current interest expense?

ONEOK INC /NEW/ (OKE) annual interest expense for 2023 was $866.0M, a 28.11% increase from 2022. ONEOK INC /NEW/ interest expense for the quarter ending March 31, 2024 was $300.0M.

What was ONEOK INC /NEW/'s interest expense in 2022?

ONEOK INC /NEW/ annual interest expense for 2022 was $676.0M, a 7.78% decline from 2021.

What was ONEOK INC /NEW/'s interest expense in 2021?

ONEOK INC /NEW/ annual interest expense for 2021 was $733.0M, a 2.82% increase from 2020.

What is ONEOK INC /NEW/'s 5-year interest expense CAGR?

ONEOK INC /NEW/ interest expense grew at a compound annual growth rate (CAGR) of 13.02% from FY2018 to FY2023, going from $469.6M to $866.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+13.0%
FY2018
$469.6M
FY2023
$866.0M
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5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$866.0M+28.1%10-K
FY2022$676.0M-7.8%10-K
FY2021$733.0M+2.8%10-K
FY2020$712.9M+45.0%10-K
FY2019$491.8M+4.7%10-K
FY2018$469.6M-3.3%10-K
FY2017$485.7M+3.4%10-K
FY2016$469.7M+12.7%10-K
FY2015$416.8M+17.0%10-K
FY2014$356.2M+31.6%10-K
FY2013$270.6M+13.9%10-K
FY2012$237.6M-20.0%10-K
FY2011$297.0M+1.6%10-K
FY2010$292.2M-2.9%10-K
FY2009$300.8M+13.9%10-K
FY2008$264.2M+3.1%10-K
FY2007$256.3M-10-K
Company: ONEOK INC /NEW/Ticker: OKESector: EnergyIndustry: Natural Gas Transmisison & DistributionView company profile →