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ONEOKLTS:0KCI +1.42%79 EV-to-EBIT is 14.18 as of Aug. 16, 2026, which is 15% below its 10-year median of 16.59. GuruFocus rates LTS:0KCI with a GF Score™ of 79/100 and a GF Value™ of $117.24 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 709 Oil & Gas companies, ONEOK ranks worse than 61.21% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ONEOK's Enterprise Value is $92,884 Mil.
ONEOK's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $6,552 Mil. Therefore, ONEOK's EV-to-EBIT for today is 14.18.
The historical rank and industry rank for ONEOK's EV-to-EBIT or its related term are showing as below:
LTS:0KCI'
s EV-to-EBIT Range Over the Past 10 Years
Min: 9.94 Med: 16.59 Max: 24.31
Current: 14.18
During the past 13 years, the highest EV-to-EBIT of ONEOK was 24.31. The lowest was 9.94. And the median was 16.59.
LTS:0KCI's EV-to-EBIT is ranked worse than 61.21% of 709
companies
in the Oil & Gas industry
Industry Median: 11.43
vs LTS:0KCI: 14.18
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
ONEOK's Enterprise Value for the quarter that ended in Jun. 2026 was $88,754 Mil.
ONEOK's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,552 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONEOK EV-to-EBIT Related Terms
ONEOK EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for ONEOK's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0KCI vs MPLX, TRGP, LNG: EV-to-EBIT Comparison
For the Oil & Gas Midstream subindustry, ONEOK's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ONEOK EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ONEOK's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where ONEOK's EV-to-EBIT falls into.
ONEOK's current Enterprise Value is $92,884 Mil.
ONEOK's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,552 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONEOK (LTS:0KCI) has a EV-to-EBIT of 14.18 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ONEOK and its competitors. This is 15% below median its historical median of 16.59. Over the past decade, ONEOK's EV-to-EBIT has ranged from 9.94 to 24.31. According to the industry distribution chart, ONEOK ranks #434 out of 709 companies in the Oil & Gas industry, placing it in the top 61.2%.
Is ONEOK's EV-to-EBIT too high?
ONEOK's current EV-to-EBIT of 14.18 is 15% below median its 10-year median of 16.59. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 24.31. The Oil & Gas industry median EV-to-EBIT is 11.43. ONEOK's value of 14.18 is 24.1% above this industry median. Based on the distribution chart, ONEOK ranks #434 out of 709 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, ONEOK has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ONEOK's EV-to-EBIT compare to MPLX and TRGP?
According to the Oil & Gas industry distribution chart, ONEOK ranks #434 out of 709 companies for EV-to-EBIT. This places ONEOK in the lower half of its industry. The industry median EV-to-EBIT is 11.43. ONEOK's value of 14.18 is 24.1% above this benchmark. Historically, ONEOK's own EV-to-EBIT has ranged from 9.94 to 24.31 over the past decade. While the company's 10-year median is 16.59 vs. the industry median of 11.43, ONEOK has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.43, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ONEOK's current EV-to-EBIT of 14.18 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ONEOK and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ONEOK's current EV-to-EBIT is 14.18, which is 15% below median its own 10-year median of 16.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ONEOK stock overvalued right now?
Based on GuruFocus' analysis, ONEOK (LTS:0KCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $117.24, compared to a current price of $94.46 — trading 19.4% below its estimated fair value. The current EV-to-EBIT is 14.18, which is 15% below median its 10-year median of 16.59 and 24.1% above the Oil & Gas industry median of 11.43. ONEOK's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ONEOK (LTS:0KCI), the current EV-to-EBIT is 14.18 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ONEOK (LTS:0KCI) Overvalued in 2026?
Based on GuruFocus' analysis, ONEOK stock appears to be undervalued.
The current stock price of $94.46 is trading 19.4% below its estimated GF Value™ of $117.24.
GuruFocus considers ONEOK to be Modestly Undervalued.
Key valuation signals for LTS:0KCI:
EV-to-EBIT: 14.18 (15% below median its 10-year median of 16.59)
GF Value™: $117.24 vs. price of $94.46 (19.4% below fair value)
Industry Position: 24.1% above the Oil & Gas median (#434 of 709)
No single metric tells the full story. See the LTS:0KCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation, as well as natural gas liquids transportation and fractionation. It also operates in the refined product and crude oil segment, connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.
79GF Score
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