OKE vs WMB

Oneok (OKE) and Williams Companies (WMB) compared side by side. Williams Companies (WMB) is larger, with a market cap of $87.7B versus $60.4B for Oneok, about 1.5 times the size. On trailing earnings, OKE is cheaper at 16.6x versus 28.6x for WMB.

Head to head

MetricOKEWMB
Market cap$60.4B$87.7B
P/E (TTM)16.6x28.6x
Forward P/E15.7x27.1x
Revenue (TTM)$39.4B$12.3B
Revenue growth52.8%7.8%
Gross margin27.2%63.6%
Operating margin13.3%39.5%
Free cash flow$2.9B-$174.0M
Dividend yield4.47%2.93%
1-year return+44.8%+25.4%
5-year return (annual)+14.1%+25.5%
Max drawdown-80%-98%
FI Handbook gradeCC

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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OKEWMB

OKE vs WMB FAQ

Which is bigger, OKE or WMB?

Williams Companies (WMB) is larger, with a market cap of $87.7B versus $60.4B for Oneok, about 1.5 times the size.

Is OKE or WMB cheaper?

On trailing earnings, OKE is cheaper at 16.6x versus 28.6x for WMB. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, OKE or WMB?

OKE returned +44.8% over the past year including dividends, versus +25.4% for WMB, through October 23, 2026.

Which pays a higher dividend, OKE or WMB?

OKE yields 4.47% versus 2.93% for WMB.

Full pages: Oneok · Williams Companies