ONEOK (OKE)
ONEOK Return on Invested Capital: 4.07%
View OKE Return on Invested Capital with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
OKE Return on Invested Capital Rankings
| Overall | 44th percentile | 2317 of 4161 |
| Sector | 43rd percentile | 62 of 109 in Utilities |
| Industry | 26th percentile | 19 of 26 in Gas Utilities |
OKE Return on Invested Capital Range, Past 5 Years
| Minimum | 3.81% | Sep 2009 |
| Maximum | 5.66% | Sep 2008 |
| Average | 4.47% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
You may also be interested in these OKE related companies
OKE News
May 23, 4:12PM Street Insider
May 23, 4:05PM Benzinga
May 17, 4:10PM PR Newswire
about 25 days ago by 1nvestor
about 29 days ago by earningscast
May 01, 4:10PM PR Newswire
May 01, 4:05PM PR Newswire
about 31 days ago by abubnic
about 42 days ago by DynamicDividend
about 58 days ago by MarketBrief
about 85 days ago by RecogniaEvents
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OKE | 82.99 | -0.22 | -0.26% | 8.647B |
| SBR | 49.15 | -0.27 | -0.55% | 720.54M |
| SBNY | 61.44 | -0.52 | -0.84% | 2.861B |
| SBLK | 0.80 | +0.01 | +1.27% | 63.48M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SAH | 14.89 | -0.01 | -0.07% | 784.48M |
| SAFT | 40.11 | +0.24 | +0.60% | 606.02M |
| SAFM | 54.94 | +1.48 | +2.77% | 1.189B |
| SABA | 8.34 | -0.02 | -0.24% | 245.78M |
| SAB | 8.55 | +0.00 | +0.00% | 226.92M |
