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ONEOKFRA:ONK -3.30%86 5-Year Yield-on-Cost % is 4.88 as of Jul. 29, 2026, which is 13% below its 10-year median of 5.59. GuruFocus rates FRA:ONK with a GF Score™ of 86/100 and a GF Value™ of €93.26 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 499 Oil & Gas companies, ONEOK ranks better than 52.3% on this metric.
ONEOK's yield on cost for the quarter that ended in Mar. 2026 was 4.88.
The historical rank and industry rank for ONEOK's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:ONK'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.7 Med: 5.59 Max: 18.86
Current: 4.88
During the past 13 years, ONEOK's highest Yield on Cost was 18.86. The lowest was 3.70. And the median was 5.59.
FRA:ONK's 5-Year Yield-on-Cost % is ranked better than 52.3% of 499
companies
in the Oil & Gas industry
Industry Median: 4.93
vs FRA:ONK: 4.88
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
ONEOK 5-Year Yield-on-Cost % Related Terms
FRA:ONK vs MPLX, TRGP, LNG: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Midstream subindustry, ONEOK's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ONEOK's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where ONEOK's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of ONEOK is calculated as
ONEOK (FRA:ONK) has a 5-Year Yield-on-Cost % of 4.88 as of Jul. 29, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on ONEOK and its competitors. This is 13% below median its historical median of 5.59. Over the past decade, ONEOK's 5-Year Yield-on-Cost % has ranged from 3.70 to 18.86. According to the industry distribution chart, ONEOK ranks #238 out of 499 companies in the Oil & Gas industry, placing it in the top 47.7%.
Is ONEOK's 5-Year Yield-on-Cost % too high?
ONEOK's current 5-Year Yield-on-Cost % of 4.88 is 13% below median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 18.86. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.93. ONEOK's value of 4.88 is 1% below this industry median. Based on the distribution chart, ONEOK ranks #238 out of 499 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ONEOK has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ONEOK's 5-Year Yield-on-Cost % compare to MPLX and TRGP?
According to the Oil & Gas industry distribution chart, ONEOK ranks #238 out of 499 companies for 5-Year Yield-on-Cost %. This puts ONEOK in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.93. ONEOK's value of 4.88 is 1% below this benchmark. Historically, ONEOK's own 5-Year Yield-on-Cost % has ranged from 3.70 to 18.86 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 4.93, ONEOK has consistently been below 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.93, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ONEOK's current 5-Year Yield-on-Cost % of 4.88 is 1% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on ONEOK and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ONEOK's current 5-Year Yield-on-Cost % is 4.88, which is 13% below median its own 10-year median of 5.59. 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 (FRA:ONK) is currently considered Modestly Undervalued. The stock's GF Value™ is €93.26, compared to a current price of €78.42 — trading 15.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.88, which is 13% below median its 10-year median of 5.59 and 1% below the Oil & Gas industry median of 4.93. ONEOK's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For ONEOK (FRA:ONK), the current 5-Year Yield-on-Cost % is 4.88 as of Jul. 29, 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 (FRA:ONK) Overvalued in 2026?
Based on GuruFocus' analysis, ONEOK stock appears to be undervalued.
The current stock price of €78.42 is trading 15.9% below its estimated GF Value™ of €93.26.
GuruFocus considers ONEOK to be Modestly Undervalued.
Key valuation signals for FRA:ONK:
5-Year Yield-on-Cost %: 4.88 (13% below median its 10-year median of 5.59)
GF Value™: €93.26 vs. price of €78.42 (15.9% below fair value)
Industry Position: 1% below the Oil & Gas median (#238 of 499)
No single metric tells the full story. See the FRA:ONK 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.
86GF Score
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