ONEOK, Inc.

OKE Energy Oil & Gas Midstream

ONEOK, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.6 billion, up 55.0% from fiscal 2024.

Revenue
+44.3%
EPS
+47.2%
Free cash flow
−46.1%
Total debt
−15.7%

Quarter to September 2026, against a year earlier

86.62 1.98 −2.23%
Market cap
$54.4B
P/E
13.3×
Fwd P/E
15.2×
Dividend yield
4.94%
F-score
5/9
Altman Z
1.43
Beneish M
−2.14
Dividend safety
34/100

ONEOK, Inc. (OKE) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, ONEOK, Inc. (OKE) trades at a EV/Sales of 1.9×. Over the past ten years it has ranged from 1.3× (January 2015) to 4.8× (November 2024); the current reading is higher than 20% of that period. That is below the Oil & Gas Midstream industry median of 3.4× and below the Energy sector median of 2.1×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 2.3× (44.22%)
FY2024 4.1× 31.64%
FY2023 3.2× 67.97%
FY2022 1.9× (21.87%)
FY2021 2.4× (32.19%)
FY2020 3.5× (17.73%)
FY2019 4.3× 71.74%
FY2018 2.5× 23.33%
FY2017 2.0× (11.48%)
FY2016 2.3× 31.85%

Quarterly newest first

Period EV/Sales Change
Sep 2026 1.9× (13.23%)
Jun 2026 2.2× (13.22%)
Mar 2026 2.5× 9.02%
Dec 2025 2.3× (6.98%)
43 more quarters

Against its own ten years

Low 1.3× High 4.8×
Ten-year median 2.6×
Current reading's percentile 12

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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