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Oneok OKE Asset turnover

Asset turnover at other companies

EOG Resources logo
EOG ResourcesEOG
0.5×0.0×
Devon Energy logo
Devon EnergyDVN
0.5×-0.1×
Atmos Energy logo
Atmos EnergyATO
0.2×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.7×-0.1×
Energy Transfer logo
Energy TransferET
0.7×0.0×
Williams Companies logo
Williams CompaniesWMB
0.2×0.0×

Other financials

Income statement

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Revenue$9.6B+19.6%
Gross profit$2.6B+7.4%
Operating income$1.4B+17.1%
Net income$774.0M+21.7%
EPS (diluted)$1.23+18.3%

Balance sheet

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Cash & equivalents$172.0M+22.0%
Total debt$32.4B+8.1%
Total equity$22.4B+4.7%
Total assets$68.2B+6.1%

Cash flow

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Operating cash flow$934.0M+3.3%
CapEx$864.0M+37.4%
Free cash flow$70.0M-74.6%

Valuation

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Market cap$53.92B-8.1%
Enterprise value$86.16B-2.9%
P/E15.3×-4.1×
P/S1.5×-0.8×

Profitability

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Gross margin29.6%-6.0pp
Operating margin16.9%-3.7pp
Net margin10%-2.1pp

Returns & leverage

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Return on equity16.2%+0.1pp
Debt / equity1.4×0.0×
Current ratio0.7×0.0×

Where this comes from

Calculated from Oneok’s reported figures.

Based on trailing twelve months.

The official record: Oneok’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oneok's asset turnover?
Oneok (OKE) reported asset turnover of 0.5× in Q1 2026.
How has Oneok's asset turnover changed year-over-year?
Oneok's asset turnover increased by 15.7% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Oneok's asset turnover?
Over 4 years (2021 to 2025), Oneok's asset turnover has grown at a -2.2% compound annual growth rate (CAGR), from 2.2× to 2×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.