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Saturday 17 October 2026 Export OKE’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 52.8%, EPS grew 14.2%, free cash flow grew 85.6% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

93.39 2.74 +3.02%
Market cap
$57.2B
P/E
16.1×
Fwd P/E
15.5×
Dividend yield
4.54%
F-score
5/9
Altman Z
1.43
Beneish M
−2.14
Dividend safety
34/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

ONEOK, Inc. (OKE) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, ONEOK, Inc. (OKE) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 1.0× (December 2015) to 5.5× (April 2022); the current reading is higher than 35% of that period. That is above the Oil & Gas Midstream industry median of 2.1× and above the Energy sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.0× (23.27%)
FY2024 2.7× 27.09%
FY2023 2.1× (52.64%)
FY2022 4.4× 1.04%
FY2021 4.4× 59.25%
FY2020 2.7× (45.52%)
FY2019 5.0× 48.97%
FY2018 3.4× 17.99%
FY2017 2.9× (20.95%)
FY2016 3.6× 162.84%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.4× (6.25%)
Mar 2026 2.5× 24.81%
Dec 2025 2.0× (2.02%)
Sep 2025 2.1× (11.15%)
42 more quarters

Against its own ten years

Low 1.0× High 5.5×
Ten-year median 3.1×
Current reading's percentile 30

P/B ratio against peers

Company P/B ratio
ET Energy Transfer LP compare 1.5×
KMI Kinder Morgan, Inc. compare 2.3×
TRP TC Energy Corporation compare 2.5×
OKE ONEOK, Inc. 2.6×
EPD Enterprise Products Partners L.P. compare 2.6×
MPLX MPLX LP compare 4.1×
LNG Cheniere Energy, Inc. compare 5.3×
WMB Williams Companies, Inc. (The) compare 5.7×
TRGP Targa Resources, Inc. compare 16.6×
Oil & Gas Midstream industry median 2.1×
Energy sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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