OKENEUTRAL

Return on Equity (ROE)

15.9%

Updated 224h ago

Sector Performance

57th percentile

OKE

15.9%

Sector Median

13.8%

Sector Avg

31.4%

📊

Deep Analysis

Return on Equity (ROE) measures how efficiently a company generates profit from every dollar of shareholders' equity – a 15.9% ROE means it earns $0.159 for each $1 of equity.

This figure sits above the sector median of 13.8%, placing OKE in the 56th percentile among its sector peers. The year-over-year change, quarter-over-quarter change, and trend direction over the last eight quarters are all listed as N/A, meaning no historical comparison data is available for this metric. Because the ROE level is moderately above the sector median but lacks any trend context, an investor cannot determine whether performance is improving or deteriorating, limiting the ability to assess risk or opportunity. This neutral profile – a slightly above-median ROE with no directional data – aligns with the overall NEUTRAL verdict, as the metric neither strongly supports buying nor selling.

Frequently Asked Questions

What does the Return on Equity (ROE) tell investors about OKE?

ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.

How is the Return on Equity (ROE) calculated?

Return on Equity (ROE) is calculated as: Net Income / Shareholders' Equity.

Who are OKE's closest peers by Return on Equity (ROE)?

The closest peers by Return on Equity (ROE) include: MRNA (-36.6%), FICO (-37.3%), XRAY (-37.7%), VRSN (-38.3%), MSCI (-45.3%).

The Formula

Net Income / Shareholders' Equity

Why It Matters

ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.