Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 49.34% is in line with its 5-year average of 53.70%, near the low end of its 5-year range (49.11%–61.61%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.08% below its 12-month average of 49.88%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
49.34%
DEBT TO ASSETS RATIO AVG TTM
49.88%
DEBT TO ASSETS RATIO AVG 3Y
49.78%
DEBT TO ASSETS RATIO AVG 5Y
53.70%
DEBT TO ASSETS RATIO AVG 10Y
55.40%
DEBT TO ASSETS RATIO AVG 15Y
53.10%
DEBT TO ASSETS RATIO AVG 20Y
50.35%
CURRENT VS TTM AVG
-1.08%
CURRENT VS 3Y AVG
-0.89%
CURRENT VS 5Y AVG
-8.12%
CURRENT VS 10Y AVG
-10.94%
CURRENT VS 15Y AVG
-7.08%
CURRENT VS 20Y AVG
-2.01%
SECTOR MEDIAN · ENERGY
0.26%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+19249.39%
vs the sector median at left
ONEOK, Inc.
Market Cap
$58.69B
Debt to Assets Ratio
49.34%
TTM Avg
49.88%
3Y Avg
49.78%
5Y Avg
53.70%
Market Cap
$57.58B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.39B
Debt to Assets Ratio
0.70%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$56.99B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ONEOK, Inc. (OKE) | $58.69B | 49.34% | 49.88% | 49.78% | 53.70% |
| Diamondback Energy, Inc. (FANG)vs › | $57.58B | 0.21% | N/A | N/A | N/A |
| Targa Resources Corp. (TRGP)vs › | $60.39B | 0.70% | N/A | N/A | N/A |
| Occidental Petroleum Corporation (OXY)vs › | $56.99B | 0.28% | N/A | N/A | N/A |
| Baker Hughes Company (BKR)vs › | $56.80B | 0.17% | N/A | N/A | N/A |
| Energy Transfer LP (ET)vs › | $70.06B | 0.51% | N/A | N/A | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $73.11B | 0.43% | N/A | N/A | N/A |
| Eni S.p.A. (E)vs › | $76.03B | 0.28% | N/A | N/A | N/A |
| Suncor Energy Inc. (SU)vs › | $77.71B | 0.20% | N/A | N/A | N/A |
| EOG Resources, Inc. (EOG)vs › | $77.97B | 0.16% | N/A | N/A | N/A |
Debt/Assets
49.3%
Debt/Equity
1.46
Current Ratio
0.71
Interest Coverage
3.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 49.34% |
| 2025-12-31 | 49.24% |
| 2025-09-30 | 50.63% |
| 2025-06-30 | 50.32% |
| 2025-03-31 | 49.86% |
| 2024-12-31 | 50.40% |
| 2024-09-30 | 54.88% |
| 2024-06-30 | 49.11% |
| 2024-03-31 | 49.56% |
| 2023-12-31 | 49.17% |
| 2023-09-30 | 50.20% |
| 2023-06-30 | 53.32% |
| 2023-03-31 | 54.39% |
| 2022-12-31 | 56.20% |
| 2022-09-30 | 56.71% |
| 2022-06-30 | 56.48% |
| 2022-03-31 | 57.56% |
| 2021-12-31 | 58.14% |
| 2021-09-30 | 59.77% |
| 2021-06-30 | 60.89% |
| 2021-03-31 | 61.61% |
| 2020-12-31 | 62.12% |
| 2020-09-30 | 63.04% |
| 2020-06-30 | 62.59% |
| 2020-03-31 | 64.93% |
| 2019-12-31 | 58.33% |
| 2019-09-30 | 58.65% |
| 2019-06-30 | 56.14% |
| 2019-03-31 | 54.61% |
| 2018-12-31 | 51.45% |
| 2018-09-30 | 49.99% |
| 2018-06-30 | 48.36% |
| 2018-03-31 | 48.83% |
| 2017-12-31 | 54.25% |
| 2017-09-30 | 56.41% |
| 2017-06-30 | 57.61% |
| 2017-03-31 | 59.88% |
| 2016-12-31 | 58.50% |
| 2016-09-30 | 59.28% |
| 2016-06-30 | 59.14% |
| 2016-03-31 | 59.52% |
| 2015-12-31 | 58.14% |
| 2015-09-30 | 56.24% |
| 2015-06-30 | 56.37% |
| 2015-03-31 | 56.82% |
| 2014-12-31 | 54.11% |
| 2014-09-30 | 50.35% |
| 2014-06-30 | 50.11% |
| 2014-03-31 | 53.72% |
| 2013-12-31 | 46.95% |
| 2013-09-30 | 47.30% |
| 2013-06-30 | 46.43% |
| 2013-03-31 | 45.81% |
| 2012-12-31 | 46.32% |
| 2012-09-30 | 46.90% |
| 2012-06-30 | 42.21% |
| 2012-03-31 | 42.17% |
| 2011-12-31 | 41.88% |
| 2011-09-30 | 42.12% |
| 2011-06-30 | 42.32% |
| 2011-03-31 | 41.37% |
| 2010-12-31 | 39.10% |
| 2010-09-30 | 39.08% |
| 2010-06-30 | 41.43% |
| 2010-03-12 | 39.80% |
| 2009-12-31 | 42.75% |
| 2009-09-30 | 45.16% |
| 2009-07-23 | 44.82% |
| 2009-03-31 | 46.97% |
| 2008-12-31 | 49.53% |
| 2008-09-30 | 45.35% |
| 2008-06-30 | 41.29% |
| 2008-03-31 | 40.06% |
| 2007-12-31 | 43.74% |
| 2007-09-30 | 45.74% |
| 2007-06-30 | 41.39% |
| 2007-03-31 | 39.11% |
| 2006-12-31 | 39.02% |
| 2006-09-30 | 39.84% |
| 2006-06-30 | 39.43% |
| 2006-03-31 | 35.93% |
| 2005-12-31 | 38.36% |
| 2005-09-30 | 34.87% |
| 2005-06-30 | 37.87% |
| 2005-03-31 | 33.68% |
| 2004-12-31 | 36.33% |
| 2004-09-30 | 35.47% |
| 2004-06-30 | 32.97% |
| 2004-03-31 | 33.73% |
| 2003-12-31 | 41.61% |
| 2003-09-30 | 39.13% |
| 2003-06-30 | 36.08% |
| 2003-03-31 | 33.62% |
| 2002-12-31 | 32.57% |
| 2002-09-30 | 35.21% |
| 2002-06-30 | 34.98% |
