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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/E ratio

Alert me on P/E ratio

As of 16 October 2026, ONEOK, Inc. (OKE) trades at a P/E ratio of 16.1×. Over the past ten years it has ranged from 5.0× (March 2020) to 45.3× (January 2018); the current reading is higher than 23% of that period. That is above the Oil & Gas Midstream industry median of 12.8× and above the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 13.6× (30.03%)
FY2024 19.4× 51.47%
FY2023 12.8× (23.15%)
FY2022 16.7× (4.50%)
FY2021 17.4× (37.76%)
FY2020 28.0× 14.40%
FY2019 24.5× 27.10%
FY2018 19.3× (52.76%)
FY2017 40.8× 16.62%
FY2016 35.0× 65.92%

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.0× (6.97%)
Mar 2026 16.1× 18.81%
Dec 2025 13.6× 1.28%
Sep 2025 13.4× (15.69%)
42 more quarters

Against its own ten years

Low 5.0× High 45.3×
Ten-year median 20.3×
Current reading's percentile 24

P/E ratio against peers

Company P/E ratio
MPLX MPLX LP compare 12.5×
EPD Enterprise Products Partners L.P. compare 12.8×
ET Energy Transfer LP compare 13.8×
OKE ONEOK, Inc. 16.1×
LNG Cheniere Energy, Inc. compare 21.4×
KMI Kinder Morgan, Inc. compare 21.9×
TRP TC Energy Corporation compare 25.6×
TRGP Targa Resources, Inc. compare 28.0×
WMB Williams Companies, Inc. (The) compare 28.3×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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