Based on the latest data from Nov 11, 2026, OKE's PEG ratio sits at 0.75. This metric combines a PE of 13.67 with an earnings growth rate of 18.3%. Relative to the 1.64 average from the past 4 quarters, the PEG ratio has shrunk by 54%.
Looking at the past ten years, OKE's PEG ratio has settled around 0.94 on average. At 0.75, today's PEG ratio sits 20% lower than its historical average. Within the past ten years, the Dec 2025 quarter saw the highest PEG reading at 2.94. At 0.13, the Dec 2021 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.94 | 13.54 | 4.6% |
| 2024 | N/A | 19.34 | -5.5% |
| 2023 | 0.3 | 12.79 | 42.6% |
| 2022 | 1.17 | 17.06 | 14.6% |
| 2021 | 0.13 | 17.49 | 136.6% |
| 2020 | N/A | 27.03 | -54% |
| 2019 | 2.35 | 24.49 | 10.4% |
| 2018 | 0.17 | 19.27 | 115.4% |
| 2017 | N/A | 41.12 | -22.2% |
| 2016 | 0.81 | 34.38 | 42.7% |
| 2015 | N/A | 21.08 | -22% |
| 2014 | 2.04 | 33.19 | 16.3% |
| 2013 | N/A | 48.2 | -26.3% |
| 2012 | 14.37 | 24.43 | 1.7% |
| 2011 | 2.63 | 25.2 | 9.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.72 | 13.22 | 18.3% |
| Jun 2026 | 1.17 | 14.99 | 12.8% |
| Mar 2026 | 1.71 | 16.11 | 9.4% |
| Dec 2025 | 2.94 | 13.54 | 4.6% |
| Sep 2025 | 0.86 | 13.39 | 15.5% |
| Jun 2025 | 1.18 | 15.88 | 13.5% |
| Mar 2025 | 0.92 | 19.34 | 21% |
| Dec 2024 | N/A | 19.34 | -5.5% |
| Sep 2024 | N/A | 19.31 | -13.6% |
| Jun 2024 | N/A | 18 | -16.6% |
| Mar 2024 | N/A | 18.91 | -20.3% |
| Dec 2023 | 0.3 | 12.79 | 42.6% |
| Sep 2023 | 0.23 | 11.62 | 51.2% |
| Jun 2023 | 0.21 | 11.37 | 53.8% |
| Mar 2023 | 0.21 | 11.94 | 57.9% |
OKE's PEG ratio today comes in under the 3, 5 and 10-year averages.
With a PEG of 0.75, OKE ranks higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 0.2, Oneok's PEG is 275% higher.
Relative to its peers, OKE's PEG ratio is below SE's and ATO's yet above SRE's and EQT's. Oneok's PEG ratio of 0.75 is above the peer average of 0.24.
Based on Nov 11, 2026 data, OKE shows a PEG ratio of 0.75.
OKE shows a 3-year average PEG ratio of 1.23.
OKE shows a 5-year average PEG ratio of 0.92.
In the last ten years, OKE's peak PEG ratio of 2.94 occurred in the Dec 2025 quarter.
OKE currently has a PEG ratio 20% below its 10-year average.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, Oneok carries a PE ratio of 13.67. Earnings grew at 18.3% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 0.75. PEG RATIO(0.75) = PE RATIO(13.67) / EPS GROWTH(18.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.