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Oneok OKE Return on assets

Return on assets at other companies

EOG Resources logo
EOG ResourcesEOG
11%-2.3pp
Devon Energy logo
Devon EnergyDVN
7.1%-2.8pp
Atmos Energy logo
Atmos EnergyATO
4.7%+0.2pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
7.6%-0.4pp
Energy Transfer logo
Energy TransferET
3.2%-0.9pp
Williams Companies logo
Williams CompaniesWMB
4.3%-1.2pp

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 return on assets?
Oneok (OKE) reported return on assets of 5.3% in Q1 2026.
How has Oneok's return on assets changed year-over-year?
Oneok's return on assets decreased by 4.5% year-over-year, from 5.6% to 5.3%.
What is the long-term trend for Oneok's return on assets?
Over 4 years (2021 to 2025), Oneok's return on assets has grown at a -1.4% compound annual growth rate (CAGR), from 23.4% to 22.1%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.