ONEOK, Inc. (OKE) Return on Assets (ROA): 5.18%
Is ONEOK, Inc.’s return on assets (ROA) high or low?
ONEOK, Inc.'s return on assets (ROA) of 5.18% is in line with its 5-year average of 5.32%, around the middle of its 5-year range (2.66%–7.06%).
The return on assets (ROA) for ONEOK, Inc. (OKE) is 5.18% as of Thursday, June 11, 2026. It is above its 12-month average by 5.39% (4.92%).
OKE Return on Assets (ROA) Chart
OKE Average Return on Assets (ROA) Chart
OKE Current vs Average Return on Assets (ROA) Chart
OKE Return on Assets (ROA) Metrics
RETURN ON ASSETS (ROA)
5.18%
RETURN ON ASSETS (ROA) AVG TTM
4.92%
RETURN ON ASSETS (ROA) AVG 3Y
5.73%
RETURN ON ASSETS (ROA) AVG 5Y
5.32%
RETURN ON ASSETS (ROA) AVG 10Y
4.56%
RETURN ON ASSETS (ROA) AVG 15Y
3.83%
RETURN ON ASSETS (ROA) AVG 20Y
3.70%
CURRENT VS TTM AVG
+5.39%
CURRENT VS 3Y AVG
-9.52%
CURRENT VS 5Y AVG
-2.60%
CURRENT VS 10Y AVG
+13.60%
CURRENT VS 15Y AVG
+35.20%
CURRENT VS 20Y AVG
+40.11%
OKE Competitors' Return on Assets (ROA)
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ONEOK, Inc. (OKE) | $57.06B | 5.18% | 4.92% | 5.73% | 5.32% |
| Occidental Petroleum Corporation (OXY) | $56.79B | 5.85% | 3.15% | 7.70% | 2.56% |
| Phillips 66 (PSX) | $72.86B | 4.90% | 4.45% | 8.15% | 4.62% |
| EOG Resources, Inc. (EOG) | $74.71B | 10.30% | 11.59% | 14.81% | 11.63% |
| Valero Energy Corporation (VLO) | $76.63B | 6.77% | 4.33% | 10.39% | 6.74% |
| Marathon Petroleum Corporation (MPC) | $76.89B | 5.25% | 4.55% | 9.13% | 6.06% |
| SLB N.V. (SLB) | $82.98B | 6.06% | 7.62% | 7.99% | 1.96% |
| Antero Midstream Corporation (AM) | $10.32B | 6.41% | 6.91% | 6.48% | 4.96% |
| Helmerich & Payne, Inc. (HP) | $3.93B | -5.93% | 1.75% | 3.36% | -0.55% |
| enCore Energy Corp. (EU) | $249.59M | -6.02% | -16.88% | -12.99% | -11.13% |
Asset Efficiency
ROA
5.2%
ROE
15.8%
ONEOK, Inc. Return on Assets (ROA) Formula & Definition
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ONEOK, Inc. Return on Assets (ROA) FAQ
- What is the return on assets (ROA) for ONEOK, Inc. (OKE)?
- The return on assets (ROA) for OKE stock is 5.18%.
- Is ONEOK, Inc.'s return on assets (ROA) high or low?
- ONEOK, Inc.'s return on assets (ROA) of 5.18% is in line with its 5-year average of 5.32%, around the middle of its 5-year range (2.66%–7.06%).
- What is the TTM average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The TTM average return on assets (ROA) for OKE stock is 4.92%.
- What is the 3Y average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The 3Y average return on assets (ROA) for OKE stock is 5.73%.
- What is the 5Y average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The 5Y average return on assets (ROA) for OKE stock is 5.32%.
- What is the 10Y average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The 10Y average return on assets (ROA) for OKE stock is 4.56%.
- What is the 15Y average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The 15Y average return on assets (ROA) for OKE stock is 3.83%.
- What is the 20Y average return on assets (ROA) for ONEOK, Inc. (OKE)?
- The 20Y average return on assets (ROA) for OKE stock is 3.70%.
ONEOK, Inc. Return on Assets (ROA) History
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 5.09% |
| 2024-12-31 | 4.74% |
| 2023-12-31 | 6.01% |
| 2022-12-31 | 7.06% |
| 2021-12-31 | 6.35% |
| 2020-12-31 | 2.66% |
| 2019-12-31 | 5.86% |
| 2018-12-31 | 6.32% |
| 2017-12-31 | 2.30% |
| 2016-12-31 | 2.18% |
| 2015-12-31 | 1.59% |
| 2014-12-31 | 2.06% |
| 2013-12-31 | 1.50% |
| 2012-12-31 | 2.27% |
| 2011-12-31 | 2.63% |
| 2010-12-31 | 2.68% |
| 2009-12-31 | 2.38% |
| 2008-12-31 | 2.38% |
| 2007-12-31 | 2.76% |
| 2006-12-31 | 2.95% |
| 2005-12-31 | 5.87% |
| 2004-12-31 | 3.36% |
| 2003-12-31 | 1.81% |
| 2002-12-31 | 2.87% |
| 2001-12-31 | 1.74% |
| 2000-12-31 | 1.98% |
| 1999-12-31 | 1.09% |
| 1998-08-31 | 4.20% |
| 1997-08-31 | 4.79% |
| 1996-08-31 | 4.33% |
Related Metrics
About ONEOK, Inc.
ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines. The company owns an extensive system of natural gas gathering pipelines and processing plants, predominantly situated in the Mid-Continent and Rocky Mountain regions. Furthermore, ONEOK manages both federally (FERC) and state-regulated interstate and intrastate natural gas transmission pipelines, alongside crucial natural gas storage facilities. A significant component of ONEOK's business is dedicated to Natural Gas Liquids. The company handles the entire NGL value chain, from collecting, treating, and fractionating to transporting, storing, marketing, and distributing these products. Its NGL infrastructure includes a broad network of gathering and distribution pipelines across Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. Additionally, NGL terminal and storage assets are maintained in Kansas, Missouri, Nebraska, Iowa, and Illinois. ONEOK also operates pipelines for NGL distribution and refined petroleum products throughout Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, supported by integrated truck and rail loading and unloading facilities connected to its NGL fractionation, storage, and pipeline network. The company's substantial physical footprint comprises approximately 17,500 miles of natural gas gathering pipelines, 1,500 miles of FERC-regulated interstate natural gas pipelines, and 5,100 miles of state-regulated intrastate transmission pipelines. The NGL segment benefits from six storage facilities and eight product terminals. Separately, ONEOK also owns and leases a parking garage and excess office space in downtown Tulsa, Oklahoma. ONEOK serves a wide and varied customer base throughout the energy sector. This includes integrated and independent exploration and production (E&P) companies, natural gas and NGL gathering and processing enterprises, crude oil and natural gas producers, propane distributors, municipalities, and ethanol producers. The company also supports petrochemical, refining, and NGL marketing firms, as well as natural gas distribution utilities, electric power generation companies, and various other energy producers, processors, and marketers. Founded in 1906, ONEOK, Inc. is headquartered in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Pierce H. Norton