Which has the lower trailing P/E, OKE or TRGP?

OKE has the lower trailing P/E: OKE trades at 15.83 and TRGP at 27.56. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, OKE or TRGP?

Over the past five years, OKE grew revenue faster — OKE at a 27.55% CAGR versus TRGP at 6.56%.

Does OKE or TRGP pay a bigger dividend?

OKE yields 4.39% and TRGP yields 1.55% based on trailing dividends and the latest price.

Is OKE or TRGP more profitable?

TRGP runs the higher net margin — OKE at 9.29% versus TRGP at 13.49%.

How have OKE and TRGP total returns compared?

Over the past 10 years, OKE delivered 13.78% and TRGP delivered 25.16% annualized total return. Past performance doesn't predict future results.

ONEOK, Inc. (OKE) vs Targa Resources Corp. (TRGP)

A side-by-side comparison of ONEOK, Inc. and Targa Resources Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

OKE

ONEOK, Inc.

$57.85B

$91.80EnergyDelayed quote: Sep 21, 2026, 4:00 PM EDT

TRGP

Targa Resources Corp.

$62.11B

$289.36EnergyDelayed quote: Sep 21, 2026, 4:00 PM EDT

Total return — OKE vs TRGP

growth of $100 · dividends reinvested · last 10y

OKE +260.5% (+13.7%/yr)TRGP +853.7% (+25.3%/yr)TRGP compounded faster over this window

OKE TRGP

OKE vs TRGP: by the numbers

•TRGP is the larger company ($62.11B vs $57.85B market cap).
•OKE trades at the lower trailing earnings multiple (15.83 vs 27.56 P/E), one valuation lens rather than an overall verdict.
•TRGP converts more revenue to profit (13.49% vs 9.29% net margin).
•OKE grew revenue faster over the past five years (27.55% vs 6.56% CAGR).
•OKE pays the higher dividend yield (4.39% vs 1.55%).

Metrics side by side

Valuation

Metric	OKE	TRGP
P/E ratio	15.83	27.56
Forward P/E	16.07	25.66
P/S ratio	1.47	3.70
P/B ratio	2.52	16.99
EV / EBITDA	10.30	14.83
FCF yield	5.02%	1.19%

Profitability

Metric	OKE	TRGP
Gross margin	21.83%	26.51%
Operating margin	18.48%	23.13%
Net margin	9.29%	13.49%
ROE	15.95%	61.94%
ROIC	8.77%	14.09%

Dividends

Metric	OKE	TRGP
Dividend yield	4.39%	1.55%
Payout ratio	73.10%	42.86%

Growth (annualized)

Metric	OKE	TRGP
Revenue CAGR (5Y)	27.55%	6.56%
EPS CAGR (5Y)	30.77%	N/A
FCF CAGR (5Y)	18.10%	-16.03%
Total return CAGR (5Y)	19.29%	49.25%

Frequently asked

Which has the lower trailing P/E, OKE or TRGP?: OKE has the lower trailing P/E: OKE trades at 15.83 and TRGP at 27.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OKE or TRGP?: Over the past five years, OKE grew revenue faster — OKE at a 27.55% CAGR versus TRGP at 6.56%.
Does OKE or TRGP pay a bigger dividend?: OKE yields 4.39% and TRGP yields 1.55% based on trailing dividends and the latest price.
Is OKE or TRGP more profitable?: TRGP runs the higher net margin — OKE at 9.29% versus TRGP at 13.49%.
How have OKE and TRGP total returns compared?: Over the past 10 years, OKE delivered 13.78% and TRGP delivered 25.16% annualized total return. Past performance doesn't predict future results.

Go deeper

Full OKE analysis Full TRGP analysis Interactive comparison tool

Dig into the metrics

ONEOK P/E ratio Targa Resources P/E ratio ONEOK dividend yield Targa Resources dividend yield ONEOK ROE Targa Resources ROE ONEOK operating margin Targa Resources operating margin ONEOK revenue growth Targa Resources revenue growth ONEOK free cash flow Targa Resources free cash flow

ONEOK & Targa Resources appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield 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 September 13, 2026.