Oneok (OKE) Return on Assets [ROA] (2009 - 2026)
Oneok (OKE) reported Return on Assets [ROA] of 5.35% for Q2 2026, up 0.33 percentage points from 5.03% a year earlier and up 0.09 percentage points from the prior quarter.
Oneok (OKE) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Oneok posted Return on Assets [ROA] of 5.30%, down 0.45 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of +2.57 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 5.75% in FY2024 (-2.00 pp), 7.75% in FY2023 (+0.57 pp), 7.17% in FY2022 (+0.75 pp) and 6.42% in FY2021 (+3.69 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year over year, Return on Assets [ROA] gained in two of the last eight quarters, with an average year-over-year change of -0.37 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q4 2021 (a gain of 3.64 percentage points); the low point was Q1 2024 (a drop of 4.67 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.26% (Q1 2026), 5.20% (Q4 2025) and 5.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.74% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 7.85% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 4.76% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 4.85% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 8.29% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 11.10% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 9.41% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 5.35% |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 6.42% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.35% |
| Mar 31, 2026 | 5.26% |
| Dec 31, 2025 | 5.20% |
| Sep 30, 2025 | 5.31% |
| Jun 30, 2025 | 5.03% |
| Mar 31, 2025 | 4.93% |
| Dec 31, 2024 | 5.41% |
| Sep 30, 2024 | 5.86% |
| Jun 30, 2024 | 5.76% |
| Mar 31, 2024 | 5.07% |
| Dec 31, 2023 | 6.03% |
| Sep 30, 2023 | 7.23% |
| Jun 30, 2023 | 10.04% |
| Mar 31, 2023 | 9.75% |
| Dec 31, 2022 | 7.05% |
| Sep 30, 2022 | 6.60% |
| Jun 30, 2022 | 6.50% |
| Mar 31, 2022 | 6.32% |
| Dec 31, 2021 | 6.32% |
| Sep 30, 2021 | 6.04% |
Oneok Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "OKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();