ONEOK, Inc. (OKE) vs TC Energy Corporation (TRP)

A side-by-side comparison of ONEOK, Inc. and TC Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnOKE vs TRP

growth of $100 · dividends reinvested · last 10y
OKE +248.7% (+13.3%/yr)TRP +164.4% (+10.2%/yr)OKE compounded faster over this window
100200300400Start $10020182020202220242026$349$264
OKE TRP

OKE vs TRP: by the numbers

  • TRP is the larger company ($64.40B vs $59.71B market cap).
  • OKE trades at the lower trailing earnings multiple (16.33 vs 25.90 P/E), one valuation lens rather than an overall verdict.
  • TRP converts more revenue to profit (22.46% vs 9.29% net margin).
  • OKE grew revenue faster over the past five years (27.55% vs 2.32% CAGR).
  • OKE pays the higher dividend yield (4.48% vs 3.99%).

Metrics side by side

Valuation

MetricOKETRP
P/E ratio16.3325.90
Forward P/E16.4316.15
P/S ratio1.525.63
P/B ratio2.613.31
EV / EBITDA10.5314.68
FCF yield4.85%4.02%

Profitability

MetricOKETRP
Gross margin21.83%51.47%
Operating margin18.48%46.09%
Net margin9.29%22.46%
ROE15.95%13.19%
ROIC8.77%5.18%

Dividends

MetricOKETRP
Dividend yield4.48%3.99%
Payout ratio78.08%104.06%

Growth (annualized)

MetricOKETRP
Revenue CAGR (5Y)27.55%2.32%
EPS CAGR (5Y)30.77%-8.54%
FCF CAGR (5Y)18.10%69.19%
Total return CAGR (5Y)18.22%14.41%

Frequently asked

Which has the lower trailing P/E, OKE or TRP?
OKE has the lower trailing P/E: OKE trades at 16.33 and TRP at 25.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OKE or TRP?
Over the past five years, OKE grew revenue faster — OKE at a 27.55% CAGR versus TRP at 2.32%.
Does OKE or TRP pay a bigger dividend?
OKE yields 4.48% and TRP yields 3.99% based on trailing dividends and the latest price.
Is OKE or TRP more profitable?
TRP runs the higher net margin — OKE at 9.29% versus TRP at 22.46%.
How have OKE and TRP total returns compared?
Over the past 10 years, OKE delivered 13.99% and TRP delivered 10.26% annualized total return. Past performance doesn't predict future results.

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 August 28, 2026.