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Oneok OKE Return on invested capital

Return on invested capital at other companies

Atmos Energy logo
Atmos EnergyATO
6.1%+0.1pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
11.8%-0.3pp
TRG
Targa ResourcesTRGP
95.8%+19.7pp
Kinder Morgan logo
Kinder MorganKMI
6.4%+0.5pp
EOG Resources logo
EOG ResourcesEOG
17.6%-4.0pp
Northern Oil and Gas logo
Northern Oil and GasNOG
7.2%-17.7pp

Other financials

Income statement

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Revenue$9.6B+19.6%
Gross profit$2.6B+7.4%
Operating income$1.4B+17.0%
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+4.6%
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-74.5%

Valuation

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Market cap$57.21B+14.7%
Enterprise value$89.45B+11.0%
P/E16.2×+0.1×
P/S1.6×-0.2×

Profitability

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Gross margin29.6%-6.0pp
Operating margin16.9%-3.7pp
Net margin10%-2.1pp
FCF margin6.4%-5.9pp

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 source filing: Oneok’s 10-Q, filed April 29, 2026. Open the filing →

Filed
Apr 29, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001039684-26-000017

FAQ

What is Oneok's return on invested capital?
Oneok (OKE) reported return on invested capital of 8.6% in Q1 2026.
How has Oneok's return on invested capital changed year-over-year?
Oneok's return on invested capital decreased by 2.8% year-over-year, from 8.9% to 8.6%.
What is the long-term trend for Oneok's return on invested capital?
Over 5 years (2020 to 2025), Oneok's return on invested capital has grown at a 10.2% compound annual growth rate (CAGR), from 5.4% to 8.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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