Is OKE or WMB cheaper?

On trailing earnings, OKE is cheaper: OKE trades at a 15.59 P/E and WMB at 31.22.

Which has grown faster, OKE or WMB?

Over the past five years, OKE grew revenue faster — OKE at a 29.16% CAGR versus WMB at 7.21%.

Does OKE or WMB pay a bigger dividend?

OKE yields 4.80% and WMB yields 2.87% based on trailing dividends and the latest price.

Is OKE or WMB more profitable?

WMB runs the higher net margin — OKE at 10.04% versus WMB at 23.82%.

Which has been the better investment, OKE or WMB?

Over the past 10-year, WMB delivered the higher annualized total return — OKE at 13.59% versus WMB at 18.94%. Past performance doesn't predict future results.

ONEOK, Inc. (OKE) vs The Williams Companies, Inc. (WMB)

OKE leads on 10 of 17 compared metrics.

A side-by-side comparison of ONEOK, Inc. and The Williams Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

The Williams Companies, Inc.

$87.43B

$71.49Energy

Total return — OKE vs WMB

growth of $100 · last 30y

OKE +1507.5%WMB +496.2%OKE compounded faster

OKE WMB

OKE vs WMB: by the numbers

•WMB is the larger company ($87.43B vs $55.10B market cap).
•OKE trades at the lower earnings multiple (15.59 vs 31.22 P/E).
•WMB converts more revenue to profit (23.82% vs 10.04% net margin).
•OKE grew revenue faster over the past five years (29.16% vs 7.21% CAGR).
•OKE pays the higher dividend yield (4.80% vs 2.87%).

Which is better, OKE or WMB?

Metric tally: OKE 10 · WMB 7

It depends on what you're optimizing for:

ValueOKE(lower P/E)

GrowthOKE(faster 5Y revenue CAGR)

IncomeOKE(higher dividend yield)

QualityOKE(higher ROIC)

Metrics side by side

Valuation

Metric	OKE	WMB
P/E ratio	15.59●	31.22
Forward P/E	14.11●	28.24
P/S ratio	1.57●	7.33
P/B ratio	2.47●	6.73
PEG ratio	2.95	1.59●
EV / EBITDA	11.30●	16.47
FCF yield	4.06%●	0.83%

Profitability

Metric	OKE	WMB
Gross margin	23.95%	62.85%●
Operating margin	20.26%	38.79%●
Net margin	10.04%	23.82%●
ROE	15.80%	21.85%●
ROIC	8.62%●	6.16%

Dividends

Metric	OKE	WMB
Dividend yield	4.80%●	2.87%
Payout ratio	77.35%	95.79%

Growth (annualized)

Metric	OKE	WMB
Revenue CAGR (5Y)	29.16%●	7.21%
EPS CAGR (5Y)	30.77%	65.97%●
FCF CAGR (5Y)	30.73%●	-21.34%
Total return CAGR (5Y)	15.58%	26.55%●

Frequently asked

Which is better, OKE or WMB?: 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 10 to 7.
Is OKE or WMB cheaper?: On trailing earnings, OKE is cheaper: OKE trades at a 15.59 P/E and WMB at 31.22.
Which has grown faster, OKE or WMB?: Over the past five years, OKE grew revenue faster — OKE at a 29.16% CAGR versus WMB at 7.21%.
Does OKE or WMB pay a bigger dividend?: OKE yields 4.80% and WMB yields 2.87% based on trailing dividends and the latest price.
Is OKE or WMB more profitable?: WMB runs the higher net margin — OKE at 10.04% versus WMB at 23.82%.
Which has been the better investment, OKE or WMB?: Over the past 10-year, WMB delivered the higher annualized total return — OKE at 13.59% versus WMB at 18.94%. Past performance doesn't predict future results.

Go deeper

Full OKE analysis Full WMB analysis Interactive comparison tool

Dig into the metrics

ONEOK P/E ratio Williams Companies P/E ratio ONEOK dividend yield Williams Companies dividend yield ONEOK ROE Williams Companies ROE ONEOK operating margin Williams Companies operating margin ONEOK revenue growth Williams Companies revenue growth ONEOK free cash flow Williams Companies free cash flow

ONEOK & Williams Companies appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin 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 June 16, 2026.