ONEOK Financial Ratios
NYSE: OKEUtilitiesOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ONEOK ratio analysis
ONEOK earned a net margin of 10.1% in FY 2025, down from 14.0% a year earlier. Gross margin was 30.5% compared with a median of 27.2% over the prior 9 years. Return on equity reached 15.1%, meaning ONEOK generated 0.15 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 1.46 versus 1.88 the year before, and the current ratio was 0.71. At the end of FY 2025, OKE traded at 13.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 12.8 to 41.4, with a median of 20.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
ONEOK financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 13.72 | 19.90 | 12.81 | 17.11 | 17.54 | 27.03 | 24.94 | 20.38 | 41.43 | 34.58 |
| Price / sales | 1.38 | 2.77 | 1.92 | 1.31 | 1.59 | 1.94 | 3.12 | 1.85 | 1.31 | 1.36 |
| Price / book | 2.07 | 3.53 | 2.06 | 4.53 | 4.36 | 2.74 | 5.09 | 3.54 | 2.88 | 64.22 |
| Gross margin | 30.5% | 38.7% | 32.5% | 20.0% | 25.9% | 40.2% | 33.2% | 25.2% | 21.7% | 27.2% |
| Operating margin | 17.1% | 23.0% | 23.0% | 12.5% | 15.7% | 15.9% | 18.8% | 14.6% | 11.4% | 14.5% |
| Net margin | 10.1% | 14.0% | 15.0% | 7.7% | 9.1% | 7.2% | 12.6% | 9.1% | 3.2% | 3.9% |
| Free cash flow margin | 7.3% | 13.2% | 16.0% | 7.6% | 11.2% | -3.5% | -18.7% | 0.4% | 6.6% | 8.2% |
| Return on equity (ROE) | 15.1% | 17.8% | 16.1% | 26.5% | 24.9% | 10.1% | 20.5% | 17.5% | 7.0% | 186.5% |
| Return on assets (ROA) | 5.1% | 4.7% | 6.0% | 7.1% | 6.4% | 2.7% | 5.9% | 6.3% | 2.3% | 2.2% |
| Debt / equity | 1.46 | 1.88 | 1.31 | 2.10 | 2.27 | 2.36 | 2.04 | 1.43 | 1.65 | 50.02 |
| Current ratio | 0.71 | 0.90 | 0.90 | 0.84 | 0.75 | 1.39 | 0.73 | 0.66 | 0.66 | 0.50 |
| Revenue growth | 55.0% | 22.7% | -21.0% | 35.3% | 93.6% | -16.0% | -19.3% | 3.4% | 36.5% | 14.9% |
| EPS growth | 4.8% | -5.7% | 42.7% | 14.6% | 135.9% | -53.7% | 10.4% | 115.5% | -22.3% | 43.1% |