Oneok (OKE) Return on Capital Employed (2009 - 2026)

Oneok's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 9.98% for Q1 2026.

• In Q1 2026, Return on Capital Employed rose 111.0% year-over-year to 9.98%; the TTM figure through Mar 2026 stood at 9.98% (up 111.0% YoY), while the FY2025 annual figure was 9.73%, down 36.0% from the prior year.
• Return on Capital Employed was 9.98% for Q1 2026 at Oneok, up from 9.53% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 16.38% in Q1 2023 to a low of 8.87% in Q1 2025.
• Historically, Return on Capital Employed has averaged 11.36% across 5 years, with a median of 10.2% in 2024.
• The sharpest annual moves came in 2023 and 2024: Return on Capital Employed soared 362 bps in 2023, then slumped 731 bps in 2024.
• A 5-year view of Return on Capital Employed shows it stood at 13.14% in 2022, then fell by 24 bps to 10.02% in 2023, then retreated by 6 bps to 9.44% in 2024, then advanced by 1 bps to 9.53% in 2025, then rose by 5 bps to 9.98% in 2026.
• The last three Return on Capital Employed figures came in at 9.98% (Q1 2026), 9.53% (Q4 2025), and 9.65% (Q3 2025), per Business Quant data.