Is OKE or PSX cheaper?

On trailing earnings, OKE is cheaper: OKE trades at a 16.15 P/E and PSX at 17.68.

Which has grown faster, OKE or PSX?

Over the past five years, OKE grew revenue faster — OKE at a 29.16% CAGR versus PSX at 15.79%.

Does OKE or PSX pay a bigger dividend?

OKE yields 4.64% and PSX yields 2.75% based on trailing dividends and the latest price.

Is OKE or PSX more profitable?

OKE runs the higher net margin — OKE at 10.04% versus PSX at 3.04%.

Which has been the better investment, OKE or PSX?

Over the past 10-year, OKE delivered the higher annualized total return — OKE at 13.94% versus PSX at 12.55%. Past performance doesn't predict future results.

ONEOK, Inc. (OKE) vs Phillips 66 (PSX)

OKE leads on 11 of 16 compared metrics.

A side-by-side comparison of ONEOK, Inc. and Phillips 66 across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — OKE vs PSX

growth of $100 · last 14y

OKE +157.9%PSX +385.0%PSX compounded faster

OKE PSX

OKE vs PSX: by the numbers

•PSX is the larger company ($71.95B vs $57.07B market cap).
•OKE trades at the lower earnings multiple (16.15 vs 17.68 P/E).
•OKE converts more revenue to profit (10.04% vs 3.04% net margin).
•OKE grew revenue faster over the past five years (29.16% vs 15.79% CAGR).
•OKE pays the higher dividend yield (4.64% vs 2.75%).

Which is better, OKE or PSX?

Metric tally: OKE 11 · PSX 5

It depends on what you're optimizing for:

ValueOKE(lower P/E)

GrowthOKE(faster 5Y revenue CAGR)

IncomeOKE(higher dividend yield)

QualityOKE(higher ROIC)

Valuation

Metric	OKE	PSX
P/E ratio	16.15●	17.68
Forward P/E	14.62	10.53●
P/S ratio	1.63	0.53●
P/B ratio	2.56	2.54
PEG ratio	2.95	0.10●
EV / EBITDA	11.55	10.27●
FCF yield	3.92%●	0.16%

Profitability

Metric	OKE	PSX
Gross margin	23.95%●	7.04%
Operating margin	20.26%●	4.67%
Net margin	10.04%●	3.04%
ROE	15.80%●	14.45%
ROIC	8.62%●	4.75%

Dividends

Metric	OKE	PSX
Dividend yield	4.64%●	2.75%
Payout ratio	77.35%	45.57%

Growth (annualized)

Metric	OKE	PSX
Revenue CAGR (5Y)	29.16%●	15.79%
EPS CAGR (5Y)	30.77%●	8.08%
FCF CAGR (5Y)	30.73%●	-16.26%
Total return CAGR (5Y)	16.77%	18.98%●

Frequently asked

Which is better, OKE or PSX?: It depends on your goal. value: OKE (lower P/E); growth: OKE (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, OKE leads 11 to 5.
Is OKE or PSX cheaper?: On trailing earnings, OKE is cheaper: OKE trades at a 16.15 P/E and PSX at 17.68.
Which has grown faster, OKE or PSX?: Over the past five years, OKE grew revenue faster — OKE at a 29.16% CAGR versus PSX at 15.79%.
Does OKE or PSX pay a bigger dividend?: OKE yields 4.64% and PSX yields 2.75% based on trailing dividends and the latest price.
Is OKE or PSX more profitable?: OKE runs the higher net margin — OKE at 10.04% versus PSX at 3.04%.
Which has been the better investment, OKE or PSX?: Over the past 10-year, OKE delivered the higher annualized total return — OKE at 13.94% versus PSX at 12.55%. Past performance doesn't predict future results.

Go deeper

Full OKE analysis Full PSX analysis Interactive comparison tool

Dig into the metrics

ONEOK P/E ratio Phillips 66 P/E ratio ONEOK dividend yield Phillips 66 dividend yield ONEOK ROE Phillips 66 ROE ONEOK operating margin Phillips 66 operating margin ONEOK revenue growth Phillips 66 revenue growth ONEOK free cash flow Phillips 66 free cash flow

ONEOK & Phillips 66 appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.