• ONEOK average return on tangible equity for 2024 was 26.57, a 28.5% increase from 2023.
• ONEOK average return on tangible equity for 2023 was 37.16, a 23.01% decline from 2022.
• ONEOK average return on tangible equity for 2022 was 30.21, a 17.18% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.