AROC vs ENB vs OKE Stock Comparison

Archrock, Enbridge and Oneok Prices as of Oct 26, 2026 Peers: Industry group
AROC Archrock, Inc.
$29.98 -1.5% 1M +17.8% 1Y
Market cap
$5.54B
P/E
16.9x
Revenue (TTM)
$1.50B
Div. yield
0.03%
Oil and Gas Pipelines Energy
5 wins
ENB Enbridge Inc
$48.26 +3.3% 1M +2.9% 1Y
Market cap
$105.74B
P/E
25.6x
Revenue (TTM)
$60.45B
Div. yield
0.06%
Oil and Gas Pipelines Energy
3 wins
OKE Oneok Inc /New/
$96.36 +8.7% 1M +40.4% 1Y
Market cap
$60.47B
P/E
16.5x
Revenue (TTM)
$39.37B
Div. yield
–
Oil and Gas Pipelines Energy
4 wins

Head to Head

12 decided of 12

Archrock leads on 5 of the 12 questions below (Archrock 5, Oneok 4, Enbridge 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAROCENBOKELeader
Larger companyMarket capitalisation $5.54B $105.74B $60.47B ENB
Cheaper on earningsLower P/E, profitable companies only 16.9x 25.6x 16.5x OKE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.8x 24.0x 15.7x OKE
Faster revenue growthRevenue growth, trailing twelve months +11.5% +31.0% +40.8% OKE
More profitableNet margin, trailing twelve months 21.8% 6.8% 9.3% AROC
Better return on capitalReturn on invested capital 16.5% 5.0% 8.4% AROC
Less leveragedLower net debt / EBITDA 2.0x 6.4x 4.3x AROC
Higher dividend yieldTrailing dividend yield 0.03% 0.06% 0.00% ENB
Better 1-year returnPrice return, last 12 months +17.8% +2.9% +40.4% OKE
Better 5-year returnAnnualised price return, 5 years +29.3%/yr +2.7%/yr +8.1%/yr AROC
Less volatileAnnualised volatility, 1 year 32.3% 18.6% 27.9% ENB
Higher overall scoreMean of the five percentile scores vs peers 83/100 31/100 54/100 AROC

Percentile Scorecard

AROCENBOKE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAROCENBOKE
Valuation 88 #5 of 35 24 #27 of 35 47 #19 of 35
Growth 94 #3 of 34 39 #21 of 34 88 #5 of 34
Profitability 88 #5 of 34 24 #26 of 34 42 #20 of 34
Financial Health 71 #11 of 35 21 #28 of 35 35 #23 of 35
Shareholder Returns 73 #9 of 31 47 #17 of 31 57 #14 of 31
Overall 83 31 54
  • AROC ranked among 35 companies in Oil and Gas Midstream
  • ENB ranked among 35 companies in Oil and Gas Midstream
  • OKE ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAROCENBOKESPY
1 month -1.5%+3.3%+8.7% -0.8%
3 months -16.0%-12.8%+7.7% +3.5%
6 months -19.8%-8.0%+9.8% +7.0%
Year to date +15.2%+0.9%+31.1% +12.2%
1 year +17.8%+2.9%+40.4% +13.0%
3 years +139.6%+53.7%+47.2% +86.3%
3 years, per year +33.8%+15.4%+13.8% +23.1%
5 years +261.2%+14.5%+47.8% +68.6%
5 years, per year +29.3%+2.7%+8.1% +11.0%
10 years +151.9%+10.7%+95.7% +258.0%
10 years, per year +9.7%+1.0%+6.9% +13.6%

Risk

MeasureAROCENBOKESPY
Volatility, 1Y 32.3%18.6%27.9% 12.7%
Downside volatility, 1Y 34.6%19.5%29.3% 12.7%
Beta vs S&P 500, 1Y 0.51-0.16-0.59 1.00
Return / volatility, 1Y 0.550.151.45 1.02
Max drawdown, 5Y -38.8%-34.0%-45.1% -25.4%
From 52-week high -28.5%-16.9%-1.2% -1.8%
52-week high $41.95$58.04$97.51 $779.14
52-week low $23.04$45.23$64.31 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAROCENBOKE
P/E now vs peer median 15.9xmedian 21.0x 25.6xmedian 21.0x 16.6xmedian 21.0x
P/S now vs peer median 3.5xmedian 2.7x 1.7xmedian 2.7x 1.5xmedian 2.7x
EV/EBITDA now vs peer median 6.6xmedian 11.0x 15.0xmedian 11.0x 12.2xmedian 11.0x
P/FCF now vs peer median 18.0xmedian 16.6x 87.3xmedian 16.6x 20.9xmedian 16.6x
P/B now vs peer median 3.4xmedian 2.6x 2.2xmedian 2.6x 2.6xmedian 2.6x
PEG now vs peer median 0.25median 1.92 2.51median 1.92 7.55median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAROCENBOKE
Revenue $1.50B $60.45B $39.37B
Gross profit $1.01B $22.34B $10.71B
Operating income $850.31M $8.06B $6.11B
Net income $328.53M $4.58B $3.66B
Free cash flow $291.33M $1.21B $2.91B
EPS (diluted) $1.88 $1.88 $5.78
Cash & equivalents $2.00M $1.42B $161.00M
Total debt $9.70B $78.92B $33.02B
Shares (diluted) 174.74M 2.19B 632.00M
Enterprise value $5.53B $101.34B $58.86B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAROCENBOKE
P/E 15.9x 25.6x 16.6x
P/FCF 18.0x 87.3x 20.9x
P/Operating cash flow 7.2x 11.7x 9.9x
P/S 3.5x 1.7x 1.5x
P/B 3.4x 2.2x 2.6x
P/Tangible book 3.7x 2.3x 3.0x
EV/EBITDA 6.6x 15.0x 12.2x
EV/EBIT 8.9x 22.7x 15.3x
EV/Revenue 5.1x 3.0x 2.4x
EV/FCF 26.1x 151.6x 32.2x
EV/Operating cash flow 10.5x 20.3x 15.2x
PEG (3Y EPS CAGR) 0.25 2.51 7.55

Growth

14 metrics
MetricAROCENBOKE
Revenue growth (1Y) 11.5% 31.0% 40.8%
Revenue CAGR (3Y) 18.2% 19.5% 27.0%
Gross profit growth (1Y) 19.7% 8.0% 13.8%
Gross profit CAGR (3Y) 29.3% 5.1% 31.6%
Operating income growth (1Y) 25.9% 6.2% 14.3%
Operating income CAGR (3Y) 34.3% 19.8% 18.3%
Net income growth (1Y) 41.9% -6.9% 13.1%
Net income CAGR (3Y) 69.9% 13.7% 14.6%
EPS growth (1Y) 42.3% -7.5% 17.5%
EPS CAGR (3Y) 63.1% 10.2% 2.2%
Operating cash flow growth (1Y) 56.3% -2.9% 16.4%
Operating cash flow CAGR (3Y) 46.2% -2.6% 19.1%
Free cash flow growth (1Y) 1,641% -67.2% 0.8%
Free cash flow CAGR (3Y) 74.1% -42.0% 6.4%

Profitability

14 metrics
MetricAROCENBOKE
Gross margin 67.3% 36.9% 27.2%
EBITDA margin 76.3% 20.2% 19.4%
Operating margin 56.5% 13.3% 15.5%
Pretax margin 29.0% 9.6% 12.1%
Net margin 21.8% 6.8% 9.3%
FCF margin 19.4% 2.0% 7.4%
Operating cash flow margin 48.2% 14.9% 15.6%
Return on equity 21.5% 9.5% 16.1%
Return on assets 7.5% 2.8% 5.4%
Return on invested capital 16.5% 5.0% 8.4%
Return on capital employed 20.4% 5.5% 10.0%
Asset turnover 0.3x 0.4x 0.6x
Cash conversion (OCF / net income) 2.2x 2.0x 1.7x
Stock comp / revenue 2.4% – –

Financial Health

11 metrics
MetricAROCENBOKE
Debt / assets 52.8% 48.4% 48.2%
Debt / equity 1.5x 1.6x 1.4x
Net debt / EBITDA 2.0x 6.4x 4.3x
Debt / FCF 8.1x 65.4x 11.4x
Liabilities / assets 65.1% 70.6% 66.4%
Equity / assets 34.9% 29.4% 33.6%
Interest coverage 5.2x 2.2x 3.4x
Current ratio 1.4x 0.7x 0.7x
Quick ratio 0.9x 0.5x 0.5x
Cash ratio 0.0x 0.1x 0.0x
Altman Z-score 1.40 0.93 1.69

Shareholder Returns

7 metrics
MetricAROCENBOKE
Dividend yield 2.9% 8.0% 4.4%
Net buyback yield 0.8% 0.0% –
Shareholder yield 3.8% 8.0% 4.4%
Payout ratio (earnings) 46.4% 132.1% –
Payout ratio (FCF) 52.3% 500.8% –
Dividend growth (1Y) 20.6% 4.2% –
Dividend CAGR (3Y) 18.1% 4.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAROCENBOKE
Forward P/E 17.8xFY2026 24.0xFY2026 15.7xFY2026
EPS, next fiscal year $1.68FY2026 $2.01FY2026 $6.15FY2026
EPS growth, next FY -8.2%FY2026 -8.6%FY2026 +13.5%FY2026
EPS growth, the year after +26.2% +13.9% +3.7%
Revenue, next fiscal year $1.55BFY2026 $61.75BFY2026 $45.02BFY2026
Revenue growth, next FY +4.1%FY2026 +30.1%FY2026 +33.9%FY2026
Revenue growth, the year after -1.1% -14.7% -1.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAROCENBOKE
Held by institutions 100.0% 48.7% 81.3%
Institutions holding 453 1,501 1,655
Change in shares held, QoQ +3.3% +2.0% +2.7%
Institutions buying 261 660 822
Institutions selling 126 503 527
Buyers to sellers 2.07 1.31 1.56

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AROCENBOKE
AROC 1.00 0.34 0.29
ENB 0.34 1.00 0.48
OKE 0.29 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AROC, ENB and OKE?

Enbridge (ENB) is the largest by market capitalisation: Archrock (AROC) $5.54B, Enbridge (ENB) $105.74B, Oneok (OKE) $60.47B.

Which stock is cheaper, AROC, ENB and OKE?

Oneok (OKE) trades on the lowest price-to-earnings ratio (Archrock (AROC) 16.9x, Enbridge (ENB) 25.6x, Oneok (OKE) 16.5x). On next year's consensus earnings, Oneok (OKE) is cheapest (Archrock (AROC) 17.8x, Enbridge (ENB) 24.0x, Oneok (OKE) 15.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Oneok (OKE) grew revenue fastest over the trailing twelve months: Archrock (AROC) +11.5%, Enbridge (ENB) +31.0%, Oneok (OKE) +40.8%.

Which company is more profitable?

Archrock (AROC) has the highest net margin (Archrock (AROC) 21.8%, Enbridge (ENB) 6.8%, Oneok (OKE) 9.3%). On return on invested capital, Archrock (AROC) leads (Archrock (AROC) 16.5%, Enbridge (ENB) 5.0%, Oneok (OKE) 8.4%).

Which stock has performed better?

Over the past year Oneok (OKE) returned the most: Archrock (AROC) +17.8%, Enbridge (ENB) +2.9%, Oneok (OKE) +40.4%. Over five years, Archrock (AROC) compounded fastest (Archrock (AROC) +29.3%/yr, Enbridge (ENB) +2.7%/yr, Oneok (OKE) +8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Enbridge (ENB) has the highest dividend yield: Archrock (AROC) 0.03%, Enbridge (ENB) 0.06%, Oneok (OKE) 0.00%. Oneok (OKE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enbridge (ENB) has been the steadiest (Archrock (AROC) 32.3%, Enbridge (ENB) 18.6%, Oneok (OKE) 27.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AROC, ENB and OKE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Archrock (AROC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.