OKE vs. WMB: ONEOK vs. Williams Stock Comparison
How do ONEOK (OKE) and Williams (WMB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
ONEOK (OKE) and Williams (WMB) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | OKE | WMB |
|---|---|---|
| Name | ONEOK, Inc. | The Williams Companies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Storage & Transportation |
| Market Capitalization | 53.71 billion USD | 80.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 1, 1980 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKE | WMB |
|---|---|---|
| Total Return (1Y) | 33.00% | 14.81% |
| Total Return (3Y, Annualized) | 16.19% | 28.70% |
| Total Return (5Y, Annualized) | 11.76% | 23.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKE | WMB |
|---|---|---|
| Volatility (1Y, Annualized) | 27.56% | 26.38% |
| Beta (5Y) | 0.79 | 0.65 |
| Max Drawdown (5Y) | -42.17% | -23.01% |
| Avg. Volume (3M) | 3.38M | 7.88M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKE | WMB |
|---|---|---|
| Sharpe Ratio (1Y) | 1.04 | 0.40 |
| Sortino Ratio (1Y) | 1.50 | 0.56 |
Profitability
ROE (TTM)
Both ONEOK (OKE) at 15.02% and Williams (WMB) at 18.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
OKE
Energy industry group
15.02%
- Max
- 53.85%
- Q3
- 24.79%
- OKE
- 15.02%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
WMB
Energy industry group
18.31%
- Max
- 53.85%
- Q3
- 24.79%
- WMB
- 18.31%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Williams (WMB) at 24.66% retains a top-quartile share of revenue as profit, ahead of ONEOK (OKE) at 9.42%, which keeps about the industry-typical share.
OKE
Energy industry group
9.42%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- OKE
- 9.42%
- Q1
- 0.07%
- Min
- -27.38%
WMB
Energy industry group
24.66%
- Max
- 56.92%
- WMB
- 24.66%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both ONEOK (OKE) at 12.71% and Williams (WMB) at 32.69% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
OKE
Energy industry group
12.71%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- OKE
- 12.71%
- Q1
- 6.94%
- Min
- -24.52%
WMB
Energy industry group
32.69%
- Max
- 71.31%
- Q3
- 33.75%
- WMB
- 32.69%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | OKE | WMB |
|---|---|---|
| ROE (TTM) | 15.02% | 18.31% |
| ROA (TTM) | 5.46% | 4.59% |
| Net Margin (TTM) | 9.42% | 24.66% |
| Operating Margin (TTM) | 12.71% | 32.69% |
| Gross Margin (TTM) | 25.20% | 63.05% |
Growth
Revenue Growth
ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than Williams (WMB) at 13.78%, which is closer to a typical peer reading.
EPS Growth
Both ONEOK (OKE) at 4.84% and Williams (WMB) at 17.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | OKE | WMB |
|---|---|---|
| Revenue Growth (YoY) | 54.99% | 13.78% |
| Revenue Growth (3Y CAGR) | 14.53% | 2.91% |
| EPS Growth (YoY) | 4.84% | 17.58% |
| EPS Growth (3Y CAGR) | 12.17% | 8.62% |
Financial Strength
Current Ratio (MRQ)
Both ONEOK (OKE) at 0.84 and Williams (WMB) at 0.75 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
OKE
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OKE
- 0.84
- Min
- 0.24
WMB
Energy industry group
0.75
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- WMB
- 0.75
- Min
- 0.24
Debt / Equity (MRQ)
ONEOK (OKE) at 0.88 carries an industry-typical debt-to-equity mix, while Williams (WMB) at 1.58 uses more debt funding than most peers.
OKE
Energy industry group
0.88
- Max
- 1.75
- Q3
- 0.93
- OKE
- 0.88
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
WMB
Energy industry group
1.58
- Max
- 1.75
- WMB
- 1.58
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | OKE | WMB |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 0.75 |
| Debt / Equity (MRQ) | 0.88 | 1.58 |
| Net Debt / EBITDA | 3.68 | 4.58 |
Dividends
Dividend Yield (TTM)
ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Williams (WMB) at 3.23% pays a more typical yield — both are credible income propositions, OKE the richer one.
OKE
Energy industry group
4.96%
- Max
- 8.57%
- OKE
- 4.96%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
WMB
Energy industry group
3.23%
- Max
- 8.57%
- Q3
- 3.58%
- WMB
- 3.23%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both ONEOK (OKE) at 65.84% and Williams (WMB) at 81.69% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
OKE
Energy industry group
65.84%
- Max
- 133.24%
- OKE
- 65.84%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
WMB
Energy industry group
81.69%
- Max
- 133.24%
- WMB
- 81.69%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKE | WMB |
|---|---|---|
| Dividend Yield (TTM) | 4.96% | 3.23% |
| Dividend Payout Ratio (TTM) | 65.84% | 81.69% |
Valuation
P/E Ratio (TTM)
ONEOK (OKE) at 13.23 is near its industry’s usual P/E ratio, while Williams (WMB) at 25.23 sits in the richer quartile — WMB needs stronger growth or earnings quality to justify the premium.
OKE
Energy industry group
13.23
- Max
- 39.54
- Q3
- 21.72
- OKE
- 13.23
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
WMB
Energy industry group
25.23
- Max
- 39.54
- WMB
- 25.23
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
ONEOK (OKE) at 1.24 prices around its industry’s typical P/S ratio, while Williams (WMB) at 6.32 clears its benchmark range — WMB looks notably rich on sales.
OKE
Energy industry group
1.24
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OKE
- 1.24
- Q1
- 0.88
- Min
- 0.00
WMB
Energy industry group
6.32
- WMB
- 6.32
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
ONEOK (OKE) at 2.30 sits near its industry’s typical P/B ratio, while Williams (WMB) at 5.11 prices above its benchmark range — WMB looks rich relative to book.
OKE
Energy industry group
2.30
- Max
- 4.21
- Q3
- 2.38
- OKE
- 2.30
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
WMB
Energy industry group
5.11
- WMB
- 5.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | OKE | WMB |
|---|---|---|
| P/E Ratio (TTM) | 13.23 | 25.23 |
| P/S Ratio (TTM) | 1.24 | 6.32 |
| P/B Ratio (MRQ) | 2.30 | 5.11 |
| Free Cash Flow Yield (TTM) | 1.44% | -3.56% |