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Friday 6 November 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.

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

Quarter to September 2026, against a year earlier

86.11 0.14 −0.16%
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

ONEOK, Inc. (OKE) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, ONEOK, Inc. (OKE) trades at a P/E ratio of 13.3×. Over the past ten years it has ranged from 5.0× (March 2020) to 45.3× (January 2018); the current reading is higher than 10% of that period. That is above the Oil & Gas Midstream industry median of 11.7× and above the Energy sector median of 11.9×.

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
Sep 2026 13.1× (12.52%)
Jun 2026 15.0× (6.97%)
Mar 2026 16.1× 18.81%
Dec 2025 13.6× 1.28%
43 more quarters

Against its own ten years

Low 5.0× High 45.3×
Ten-year median 20.3×
Current reading's percentile 11

P/E ratio against peers

Company P/E ratio
EPD Enterprise Products Partners L.P. compare 12.2×
ET Energy Transfer LP compare 12.6×
MPLX MPLX LP compare 13.2×
OKE ONEOK, Inc. 13.3×
KMI Kinder Morgan, Inc. compare 18.7×
LNG Cheniere Energy, Inc. compare 19.4×
TRGP Targa Resources, Inc. compare 24.1×
WMB Williams Companies, Inc. (The) compare 24.7×
TRP TC Energy Corporation compare 26.0×
Oil & Gas Midstream industry median 11.7×
Energy sector median 11.9×
Market median 17.9×

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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