ONEOK, Inc. (OKE) vs Williams Companies, Inc. (The) (WMB)

ONEOK, Inc. and Williams Companies, Inc. (The) are both Oil & Gas Midstream companies. Williams Companies, Inc. (The) is the larger, with a market value of $84.7B against $57.2B — 1.5× the size. ONEOK, Inc. trades at the lower P/E: 16.1× against 28.3×. ONEOK, Inc. grew revenue faster over the last twelve months: 40.8% against 8.72%. Williams Companies, Inc. (The) has the higher net margin (25.2% vs 9.29%) and the lower return on invested capital (6.40% vs 7.02%). Both pay a dividend; ONEOK, Inc. yields more (4.54% vs 2.91%). Across the 22 metrics below, ONEOK, Inc. leads on 15 and Williams Companies, Inc. (The) on 7.

Valuation

Metric OKE WMB Oil & Gas Midstream median
P/E 16.10 28.28 12.77
P/S 1.50 7.15 2.36
P/B 2.56 5.69 2.09
Price to free cash flow 20.28 n/m 9.71
EV/EBITDA 11.81 16.58 8.30
EV/Sales 2.29 9.62 3.88
Earnings yield 6.21% 3.54% 7.15%
Free cash flow yield 4.93% (0.25%) 6.86%

Profitability

Metric OKE WMB Oil & Gas Midstream median
Gross margin 27.21% 82.83% 56.58%
Operating margin 15.52% 38.18% 34.18%
Net margin 9.29% 25.16% 22.50%
Free cash flow margin 7.38% (1.75%) 13.70%
Return on equity 16.27% 20.40% 14.65%
Return on assets 5.49% 5.26% 5.00%
Return on invested capital 7.02% 6.40% 6.13%

Growth

Metric OKE WMB Oil & Gas Midstream median
Revenue growth (TTM) 40.83% 8.72% 15.60%
EPS growth (last fiscal year) 4.84% 17.58% (7.86%)
Revenue growth, 5-year CAGR 31.53% 9.13% 9.59%
Net income growth, 5-year CAGR 40.87% 65.91% 0.00%

Health

Metric OKE WMB Oil & Gas Midstream median
Debt to equity 1.37 1.97 0.78
Current ratio 0.74 0.48 1.19
Net debt to EBITDA 4.40 4.31 3.42

Dividend

Metric OKE WMB Oil & Gas Midstream median
Dividend yield 4.54% 2.91% 4.54%
Payout ratio 0.73 0.83 0.76

Size

Metric OKE WMB Oil & Gas Midstream median
Market cap 57.15b 84.67b 3.73b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack