Oneok OKE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29.6%-6.0pp | 30.5%-8.2pp | 32%-7.2pp | 33.7%-4.1pp | 35.6%-0.4pp | |
| Operating margin | 16.9%-3.7pp | 17.1%-5.9pp | 18.3%-4.4pp | 19.1%-2.5pp | 20.6%+0.3pp | |
| Net margin | 10%-2.1pp | 10.1%-3.9pp | 10.6%-3.5pp | 11.1%-2.3pp | 12.1%-0.4pp | |
| Returns | ||||||
| Return on equity | 16.2%+0.1pp | 17.2%-0.9pp | 17.1%+0.3pp | 16.1%-5.4pp | 16%-3.0pp | |
| Return on invested capital | 8.6%-0.2pp | 8.7%-0.2pp | 8.9%+0.6pp | 9.1%-1.9pp | 8.9%-0.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.5×0.0× | 0.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 0.7×0.0× | 0.7×-0.2× | 0.9×+0.1× | 0.6×0.0× | 0.7×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×0.0× | 1.4×-0.4× | 1.5×-0.1× | 1.4×+0.2× | 1.4×+0.1× | |
| Net debt / EBITDA | 4.3×-0.3× | 4.4×-0.6× | 4.5×-0.5× | 4.6×+0.5× | 4.7×+0.1× | |
| Per Share | ||||||
| Book value per share | $35.40+1.5% | $35.92+23.7% | $34.97+21.5% | $34.76+21.8% | $34.88+24.2% | |
| Valuation | ||||||
| Market capitalization | $56.93B-8.1% | $46.25B-21.0% | $45.95B-13.7% | $50.32B+5.6% | $61.95B+32.3% | |
| Price / earnings | 16.1×-4.3× | 13.6×-5.7× | 13.8×-5.3× | 16.3×-2.3× | 20.4×-0.4× | |
| Price / sales | 1.6×-0.9× | 1.4×-1.3× | 1.5×-1.2× | 1.8×-0.7× | 2.5×-0.1× | |
| Price / book | 2.5×-0.4× | 2.1×-1.4× | 2.1×-1.1× | 2.3×-0.5× | 2.9×+0.1× | |
| EV / EBITDA | 12×-2.4× | 10.7×-3.8× | 10.8×-3.7× | 12.1×-1.3× | 14.3×-0.7× | |
| Dividend yield | 4.6%+0.8pp | 5.6%+1.6pp | 5.5%+1.2pp | 4.9%+0.4pp | 3.8%-0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Oneok's profit margins?
- Oneok (OKE) runs a 29.6% gross margin and a 16.9% operating margin, with a 10.0% net margin.
- Where do Oneok's ratios come from?
- Every ratio is computed from Oneok's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
