ONEOK, Inc. OKE
- Market cap
- $57.5B
- P/E
- 15.3×
Follow OKE
ONEOK, Inc. (OKE) Return on equity
ONEOK, Inc.'s return on equity over the twelve months to 30 June 2026 was 16.3%, up 1.1 percentage points from fiscal 2025 (15.2%). Over the past ten years it has ranged from 6.30% (fiscal 2015) to 27.5% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Oil & Gas Midstream industry median of 11.3% and above the Energy sector median of 8.05%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 15.2% | (0.53) |
| FY2024 | 15.7% | (7.43) |
| FY2023 | 23.1% | (4.38) |
| FY2022 | 27.5% | 2.66 |
| FY2021 | 24.9% | 14.89 |
| FY2020 | 9.97% | (9.98) |
| FY2019 | 20.0% | 1.19 |
| FY2018 | 18.8% | 10.27 |
| FY2017 | 8.49% | (1.30) |
| FY2016 | 9.79% | 3.49 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| TRGP Targa Resources, Inc. compare | 69.3% |
| MPLX MPLX LP compare | 33.4% |
| LNG Cheniere Energy, Inc. compare | 25.5% |
| EPD Enterprise Products Partners L.P. compare | 20.5% |
| WMB Williams Companies, Inc. (The) compare | 20.4% |
| OKE ONEOK, Inc. | 16.3% |
| ET Energy Transfer LP compare | 11.3% |
| KMI Kinder Morgan, Inc. compare | 10.7% |
| TRP TC Energy Corporation compare | 9.94% |
| Oil & Gas Midstream industry median | 11.3% |
| Energy sector median | 8.05% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on OKE
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement