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Oneok OKE Price / book

Price / book at other companies

EOG Resources logo
EOG ResourcesEOG
2.5×+0.1×
Devon Energy logo
Devon EnergyDVN
+0.4×
Atmos Energy logo
Atmos EnergyATO
+0.2×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
2.7×+0.2×
Williams Companies logo
Williams CompaniesWMB
6.2×+1.7×
Permian Resources logo
Permian ResourcesPR
1.5×+0.5×

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 the most recent quarter.

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 price / book?
Oneok (OKE) reported price / book of 2.5× in Q1 2026.
How has Oneok's price / book changed year-over-year?
Oneok's price / book decreased by 12.2% year-over-year, from 2.9× to 2.5×.
What is the long-term trend for Oneok's price / book?
Over 4 years (2021 to 2025), Oneok's price / book has grown at a -13.5% compound annual growth rate (CAGR), from 16.7× to 9.3×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.