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

ONEOK, Inc. (OKE) Return on assets

Alert me on Return on assets

ONEOK, Inc.'s return on assets over the twelve months to 30 September 2026 was 5.77%, up 0.6 percentage points from fiscal 2025 (5.19%). Over the past ten years it has ranged from 1.60% (fiscal 2015) to 7.74% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Oil & Gas Midstream industry median of 4.43% and above the Energy sector median of 3.35%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 5.19% (0.41)
FY2024 5.60% (2.14)
FY2023 7.74% 0.57
FY2022 7.17% 0.75
FY2021 6.42% 3.69
FY2020 2.73% (3.65)
FY2019 6.38% (0.18)
FY2018 6.56% 4.21
FY2017 2.35% 0.12
FY2016 2.23% 0.63

Against its own ten years

Low 1.60% High 7.74%
Ten-year median 5.60%
Current reading's percentile 45

Return on assets against peers

Company Return on assets
MPLX MPLX LP compare 9.94%
LNG Cheniere Energy, Inc. compare 6.44%
OKE ONEOK, Inc. 5.77%
WMB Williams Companies, Inc. (The) compare 4.94%
KMI Kinder Morgan, Inc. compare 4.88%
ET Energy Transfer LP compare 3.75%
TRP TC Energy Corporation compare 2.89%
TRGP Targa Resources, Inc. compare 0.00%
EPD Enterprise Products Partners L.P. compare 0.00%
Oil & Gas Midstream industry median 4.43%
Energy sector median 3.35%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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