Oneok Return on Equity (ROE) Growth & History (OKE)
Oneok's return on equity was 17.17% for fiscal 2025.
View full Oneok company overviewOneok annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.17% | −0.94 pp |
| 2024 | 2024-12-31 | 18.11% | −5.04 pp |
| 2023 | 2023-12-31 | 23.14% | −4.39 pp |
| 2022 | 2022-12-31 | 27.53% | +2.65 pp |
| 2021 | 2021-12-31 | 24.88% | +14.89 pp |
| 2020 | 2020-12-31 | 9.99% | −9.98 pp |
| 2019 | 2019-12-31 | 19.97% | +0.94 pp |
| 2018 | 2018-12-31 | 19.02% | +5.46 pp |
| 2017 | 2017-12-31 | 13.57% | −120.66 pp |
| 2016 | 2016-12-31 | 134.23% | +81.43 pp |
| 2015 | 2015-12-31 | 52.80% | +31.36 pp |
| 2014 | 2014-12-31 | 21.44% | +9.51 pp |
| 2013 | 2013-12-31 | 11.93% | −4.58 pp |
| 2012 | 2012-12-31 | 16.51% | +1.12 pp |
| 2011 | 2011-12-31 | 15.39% | +1.01 pp |
| 2010 | 2010-12-31 | 14.37% | +0.15 pp |
| 2009 | 2009-12-31 | 14.22% | +1.39 pp |
| 2008 | 2008-12-31 | 12.84% | — |
Oneok quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.27% | +0.37 pp |
| Q1 2026 | 2026-03-31 | 3.45% | +0.14 pp |
| Q4 2025 | 2025-12-31 | 4.38% | −1.06 pp |
| Q3 2025 | 2025-09-30 | 4.28% | +0.15 pp |
| Q2 2025 | 2025-06-30 | 3.89% | −0.81 pp |
| Q1 2025 | 2025-03-31 | 3.31% | −0.57 pp |
| Q4 2024 | 2024-12-31 | 5.44% | +1.24 pp |
| Q3 2024 | 2024-09-30 | 4.13% | +0.26 pp |
| Q2 2024 | 2024-06-30 | 4.71% | −1.82 pp |
| Q1 2024 | 2024-03-31 | 3.88% | −11.52 pp |
| Q4 2023 | 2023-12-31 | 4.20% | −3.38 pp |
| Q3 2023 | 2023-09-30 | 3.86% | −3.09 pp |
| Q2 2023 | 2023-06-30 | 6.52% | −0.32 pp |
| Q1 2023 | 2023-03-31 | 15.40% | +8.89 pp |
| Q4 2022 | 2022-12-31 | 7.57% | +1.17 pp |
| Q3 2022 | 2022-09-30 | 6.95% | +0.28 pp |
| Q2 2022 | 2022-06-30 | 6.84% | +1.14 pp |
| Q1 2022 | 2022-03-31 | 6.51% | +0.15 pp |
| Q4 2021 | 2021-12-31 | 6.40% | +1.35 pp |
| Q3 2021 | 2021-09-30 | 6.67% | +1.63 pp |
| Q2 2021 | 2021-06-30 | 5.70% | +3.42 pp |
| Q1 2021 | 2021-03-31 | 6.36% | +8.77 pp |
| Q4 2020 | 2020-12-31 | 5.05% | −0.09 pp |
| Q3 2020 | 2020-09-30 | 5.04% | +0.12 pp |
| Q2 2020 | 2020-06-30 | 2.28% | −2.60 pp |
| Q1 2020 | 2020-03-31 | −2.41% | −7.59 pp |
| Q4 2019 | 2019-12-31 | 5.15% | +0.72 pp |
| Q3 2019 | 2019-09-30 | 4.92% | +0.28 pp |
| Q2 2019 | 2019-06-30 | 4.88% | +0.73 pp |
| Q1 2019 | 2019-03-31 | 5.18% | +0.85 pp |
| Q4 2018 | 2018-12-31 | 4.43% | +3.27 pp |
| Q3 2018 | 2018-09-30 | 4.64% | +1.57 pp |
| Q2 2018 | 2018-06-30 | 4.15% | +1.61 pp |
| Q1 2018 | 2018-03-31 | 4.33% | −36.58 pp |
| Q4 2017 | 2017-12-31 | 1.16% | −43.75 pp |
| Q3 2017 | 2017-09-30 | 3.08% | −37.72 pp |
| Q2 2017 | 2017-06-30 | 2.54% | −30.24 pp |
| Q1 2017 | 2017-03-31 | 40.91% | +14.10 pp |
| Q4 2016 | 2016-12-31 | 44.91% | +38.11 pp |
| Q3 2016 | 2016-09-30 | 40.80% | +23.17 pp |
| Q2 2016 | 2016-06-30 | 32.78% | +18.18 pp |
| Q1 2016 | 2016-03-31 | 26.80% | +15.97 pp |
| Q4 2015 | 2015-12-31 | 6.80% | −8.76 pp |
| Q3 2015 | 2015-09-30 | 17.63% | +7.56 pp |
| Q2 2015 | 2015-06-30 | 14.60% | +4.68 pp |
| Q1 2015 | 2015-03-31 | 10.84% | +4.44 pp |
| Q4 2014 | 2014-12-31 | 15.56% | +11.55 pp |
| Q3 2014 | 2014-09-30 | 10.07% | +7.16 pp |
| Q2 2014 | 2014-06-30 | 9.93% | +9.88 pp |
| Q1 2014 | 2014-03-31 | 6.40% | +1.12 pp |
| Q4 2013 | 2013-12-31 | 4.01% | −1.31 pp |
| Q3 2013 | 2013-09-30 | 2.92% | −0.22 pp |
| Q2 2013 | 2013-06-30 | 0.04% | −2.76 pp |
| Q1 2013 | 2013-03-31 | 5.28% | −0.19 pp |
| Q4 2012 | 2012-12-31 | 5.32% | +0.12 pp |
| Q3 2012 | 2012-09-30 | 3.14% | +0.40 pp |
| Q2 2012 | 2012-06-30 | 2.81% | +0.47 pp |
| Q1 2012 | 2012-03-31 | 5.47% | +0.21 pp |
| Q4 2011 | 2011-12-31 | 5.20% | +1.78 pp |
| Q3 2011 | 2011-09-30 | 2.74% | +0.44 pp |
| Q2 2011 | 2011-06-30 | 2.34% | +0.59 pp |
| Q1 2011 | 2011-03-31 | 5.26% | −1.48 pp |
| Q4 2010 | 2010-12-31 | 3.42% | −0.88 pp |
| Q3 2010 | 2010-09-30 | 2.30% | +0.07 pp |
| Q2 2010 | 2010-06-30 | 1.75% | −0.21 pp |
| Q1 2010 | 2010-03-31 | 6.74% | — |
| Q4 2009 | 2009-12-31 | 4.30% | — |
| Q3 2009 | 2009-09-30 | 2.23% | — |
| Q2 2009 | 2009-06-30 | 1.96% | — |
Oneok return on equity trends
Over the last five fiscal years, Oneok's return on equity increased from 9.99% to 17.17%, a change of +7.18 percentage points. The latest reported quarter, Q2 2026, shows 4.27%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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