US · USD
OKE
ONEOK Inc
- Day's range
- $84.15 – $87.36
- Day's volume
- $282.9M
- 52-week range
- $61.95 – $97.51
Follow OKE in the Fuolio
See how OKE weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountOKE in numbers
- Market cap
- $54.9B
- P/E
- 15.03
- P/B
- 2.40
- Dividend yield (12m)
- 4.86%
- Net debt/EBITDA
- 4.30
The 12-month dividend yield of OKE is 4.86%, below its 5-year average of 5.41%.
OKE price history
OKE risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +23.20% | +56.49% | +92.68% |
| Volatility (annualized) | 25.27% | 24.93% | 27.54% |
| Largest drawdown | -11.19% | -38.87% | -38.87% |
| Positive months | 9/12 | 23/36 | 36/60 |
How much did investing in OKE return?
$1,000.00 invested on 09/01/2021 would be worth $1,926.79 today.
- Value today in OKE
- $1,926.79
- Return over the period
- +92.68%
- Return per year
- +14.02%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
OKE fundamentals
Valuation
- P/E15.03
- P/B2.40
- EV/EBITDA11.49
- EV/EBIT14.37
- EV/Revenue2.23
- P/EBIT8.99
- P/S1.40
- P/OCF8.92
- P/FCF18.91
- Earnings yield6.96%
- PEG ratio—
- Earnings per share$5.80
- Book value per share$36.39
Debt
- Net debt$32.9B
- Net debt/EBITDA4.30
- Net debt/Equity1.43
- Debt/Equity1.44
- Current ratio0.74
- Quick ratio0.59
- Cash ratio0.02
Efficiency
- Gross margin27.21%
- EBITDA margin19.41%
- Operating margin15.52%
- Net margin9.29%
- Asset turnover0.57
Profitability
- ROE15.94%
- ROA5.33%
- ROIC8.40%
- Payout73.11%
Growth
- Revenue CAGR (5 years)28.29%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is OKE's fair price?
Two classic value formulas, with today's numbers. The current price is $87.16.
- Graham's fair price
- $68.91
- 20.94% below the price
√(22.50 × $5.80 × $36.39)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $64.60
- 25.88% below the price
$3.88 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
OKE's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 13.64 | 20.65 | 15.40 | 17.06 | — | 27.87 | 24.46 | 19.28 |
| P/B | 2.06 | 3.68 | 2.48 | 4.52 | 4.36 | 2.83 | 5.02 | 3.38 |
| EV/EBITDA | 11.01 | 15.36 | 12.86 | 12.46 | 12.34 | 15.87 | 18.39 | 13.95 |
| Dividend yield | 5.61% | 3.94% | 5.44% | 5.69% | 6.36% | 9.74% | 4.66% | 6.01% |
| Earnings per share | $5.39 | $4.86 | $4.56 | $3.85 | — | $1.38 | $3.09 | $2.80 |
| Book value per share | $35.70 | $27.29 | $28.27 | $14.52 | $13.48 | $13.58 | $15.06 | $15.98 |
| ROE | 15.09% | 17.82% | 16.13% | 26.52% | — | 10.14% | 20.54% | 17.50% |
| ROIC | 7.90% | 7.81% | 8.19% | 10.80% | 10.06% | 5.26% | 7.84% | 8.76% |
| Gross margin | 30.50% | 38.65% | 32.52% | 20.00% | 25.89% | 40.18% | 33.22% | 25.18% |
| EBITDA margin | 21.57% | 28.22% | 27.39% | 15.33% | 19.46% | 22.71% | 23.52% | 17.98% |
| Net margin | 10.09% | 13.99% | 15.04% | 7.69% | — | 7.17% | 12.58% | 9.15% |
| Net debt/EBITDA | 4.63 | 5.12 | 4.41 | 3.90 | 4.19 | 7.07 | 5.31 | 4.14 |
OKE's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $33.6B | $21.7B | $17.7B | $22.4B | $16.5B | $8.5B |
| Cost of revenue | -$23.4B | -$13.3B | -$11.9B | -$17.9B | -$12.3B | -$5.1B |
| Gross profit | $10.3B | $8.4B | $5.7B | $4.5B | $4.3B | $3.4B |
| EBITDA | $7.3B | $6.1B | $4.8B | $3.4B | $3.2B | $1.9B |
| EBIT | $5.7B | $5B | $4.1B | $2.8B | $2.6B | $1.4B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $4.5B | $4.1B | $3.5B | $2.3B | $2B | $802.3M |
| Income tax | -$1B | -$998M | -$838M | -$528M | -$484M | -$189.5M |
| Net income | $3.4B | $3B | $2.7B | $1.7B | — | $612.8M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does OKE pay dividends?
Dividend yield per year
- 5.09%2017
- 6.01%2018
- 4.66%2019
- 9.74%2020
- 6.36%2021
- 5.69%2022
- 5.44%2023
- 3.94%2024
- 5.61%2025
- 3.68%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/31/2026 | 08/14/2026 | $1.07 |
| Dividend | 05/01/2026 | 05/15/2026 | $1.07 |
| Dividend | 01/30/2026 | 02/13/2026 | $1.07 |
| Dividend | 10/31/2025 | 11/14/2025 | $1.03 |
| Dividend | 07/31/2025 | 08/14/2025 | $1.03 |
| Dividend | 05/02/2025 | 05/15/2025 | $1.03 |
| Dividend | 01/31/2025 | 02/14/2025 | $1.03 |
| Dividend | 10/31/2024 | 11/14/2024 | $0.99 |
| Dividend | 07/31/2024 | 08/14/2024 | $0.99 |
| Dividend | 04/29/2024 | 05/15/2024 | $0.99 |
| Dividend | 01/26/2024 | 02/14/2024 | $0.99 |
| Dividend | 10/30/2023 | 11/14/2023 | $0.96 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/28/2023 | 08/14/2023 | $0.96 |
| Dividend | 04/27/2023 | 05/15/2023 | $0.96 |
| Dividend | 01/26/2023 | 02/14/2023 | $0.96 |
| Dividend | 10/28/2022 | 11/14/2022 | $0.94 |
| Dividend | 07/28/2022 | 08/15/2022 | $0.94 |
| Dividend | 04/28/2022 | 05/16/2022 | $0.94 |
| Dividend | 01/27/2022 | 02/14/2022 | $0.94 |
| Dividend | 10/28/2021 | 11/15/2021 | $0.94 |
| Dividend | 07/29/2021 | 08/16/2021 | $0.94 |
| Dividend | 04/22/2021 | 05/14/2021 | $0.94 |
| Dividend | 01/28/2021 | 02/12/2021 | $0.94 |
| Dividend | 10/29/2020 | 11/13/2020 | $0.94 |
| Dividend | 07/30/2020 | 08/14/2020 | $0.94 |
| Dividend | 04/23/2020 | 05/14/2020 | $0.94 |
| Dividend | 01/23/2020 | 02/14/2020 | $0.94 |
| Dividend | 10/31/2019 | 11/14/2019 | $0.92 |
| Dividend | 08/02/2019 | 08/14/2019 | $0.89 |
| Dividend | 04/25/2019 | 05/15/2019 | $0.87 |
| Dividend | 01/24/2019 | 02/14/2019 | $0.86 |
| Dividend | 11/01/2018 | 11/14/2018 | $0.86 |
| Dividend | 08/02/2018 | 08/14/2018 | $0.83 |
| Dividend | 04/26/2018 | 05/15/2018 | $0.80 |
| Dividend | 01/25/2018 | 02/14/2018 | $0.77 |
| Dividend | 11/02/2017 | 11/14/2017 | $0.75 |
| Dividend | 08/02/2017 | 08/14/2017 | $0.75 |
| Dividend | 04/26/2017 | 05/15/2017 | $0.62 |
| Dividend | 01/25/2017 | 02/14/2017 | $0.62 |
| Dividend | 10/26/2016 | 11/14/2016 | $0.62 |
About Oneok
- Sector
- Transportation and utilities
Questions about OKE
How much is OKE today?
OKE is at $87.16 (2.22% on the day), last traded on 10/01/2026.
How much did OKE pay in dividends in 2025?
OKE paid $4.12 per share in 2025, a dividend yield of 5.61%.
What are the P/E and P/B of OKE?
OKE trades at a P/E of 15.03 and a P/B of 2.40.
How much did OKE return in 12 months?
OKE returned 23.20% in 12 months, with annualized volatility of 25.27% and a largest drawdown of -11.19%.