Growth Metrics

Oneok (OKE) Return on Invested Capital (2016 - 2025)

Oneok has reported Return on Invested Capital over the past 17 years, most recently at 0.11% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.11% for Q4 2025, up 4.0% from a year ago — trailing twelve months through Dec 2025 was 0.11% (up 4.0% YoY), and the annual figure for FY2025 was 0.12%, up 3.0%.
  • Return on Invested Capital for Q4 2025 was 0.11% at Oneok, up from 0.08% in the prior quarter.
  • Over the last five years, Return on Invested Capital for OKE hit a ceiling of 0.14% in Q2 2023 and a floor of 0.07% in Q1 2024.
  • Median Return on Invested Capital over the past 5 years was 0.09% (2021), compared with a mean of 0.09%.
  • Biggest five-year swings in Return on Invested Capital: rose 5bps in 2021 and later fell -7bps in 2024.
  • Oneok's Return on Invested Capital stood at 0.1% in 2021, then increased by 10bps to 0.11% in 2022, then fell by -26bps to 0.08% in 2023, then dropped by -6bps to 0.08% in 2024, then surged by 49bps to 0.11% in 2025.
  • The last three reported values for Return on Invested Capital were 0.11% (Q4 2025), 0.08% (Q3 2025), and 0.08% (Q2 2025) per Business Quant data.