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Oneok OKE Return on equity

Return on equity at other companies

EOG Resources logo
EOG ResourcesEOG
18.2%-2.7pp
Devon Energy logo
Devon EnergyDVN
15.1%-5.8pp
Atmos Energy logo
Atmos EnergyATO
9.6%+0.4pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
19.6%-0.4pp
Williams Companies logo
Williams CompaniesWMB
19%-4.7pp
Permian Resources logo
Permian ResourcesPR
6.3%-8.0pp

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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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 equity?
Oneok (OKE) reported return on equity of 16.2% in Q1 2026.
How has Oneok's return on equity changed year-over-year?
Oneok's return on equity increased by 0.7% year-over-year, from 16% to 16.2%.
What is the long-term trend for Oneok's return on equity?
Over 4 years (2021 to 2025), Oneok's return on equity has grown at a -7.4% compound annual growth rate (CAGR), from 90.5% to 66.4%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.