ONEOK, Inc. OKE
- Market cap
- $57.5B
- P/E
- 15.3×
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ONEOK, Inc. (OKE) Return on invested capital
ONEOK, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 7.02%, up 0.4 percentage points from fiscal 2025 (6.59%). Over the past ten years it has ranged from 4.31% (fiscal 2020) to 8.82% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas Midstream industry median of 6.13% and above the Energy sector median of 5.84%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 6.59% | 0.76 |
| FY2024 | 5.83% | (0.90) |
| FY2023 | 6.73% | (2.09) |
| FY2022 | 8.82% | 0.50 |
| FY2021 | 8.32% | 4.01 |
| FY2020 | 4.31% | (2.09) |
| FY2019 | 6.40% | (0.79) |
| FY2018 | 7.19% | 1.05 |
| FY2017 | 6.14% | (0.90) |
| FY2016 | 7.04% | 1.90 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| LNG Cheniere Energy, Inc. compare | 11.8% |
| TRGP Targa Resources, Inc. compare | 10.3% |
| MPLX MPLX LP compare | 9.45% |
| EPD Enterprise Products Partners L.P. compare | 7.68% |
| OKE ONEOK, Inc. | 7.02% |
| WMB Williams Companies, Inc. (The) compare | 6.40% |
| ET Energy Transfer LP compare | 5.72% |
| TRP TC Energy Corporation compare | 5.39% |
| KMI Kinder Morgan, Inc. compare | 5.02% |
| Oil & Gas Midstream industry median | 6.13% |
| Energy sector median | 5.84% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement