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Sunday 11 October 2026 Export all OKE data to Excel Powerpack

ONEOK, Inc.

OKE Energy Oil & Gas Midstream

ONEOK, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.6 billion, up 55.0% from fiscal 2024. In the quarter to June 2026, revenue grew 52.8%, EPS grew 14.2%, free cash flow grew 85.6% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

89.80 0.49 −0.54%
Market cap
$56.9B
P/E
15.5×
Fwd P/E
15.5×
Dividend yield
4.72%
F-score
5/9
Altman Z
1.43
Beneish M
−2.14
Dividend safety
34/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

ONEOK, Inc. (OKE) EV/FCF

Alert me on EV/FCF

As of 9 October 2026, ONEOK, Inc. (OKE) trades at a EV/FCF of 30.3×. Over the past ten years it has ranged from −121× (March 2021) to 842× (March 2019); the current reading is higher than 66% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 31.8× 1.29%
FY2024 31.4× 59.27%
FY2023 19.7× (20.03%)
FY2022 24.7× 14.75%
FY2021 21.5× —
FY2020 −102× —
FY2019 −23.0× —
FY2018 698× 2,164.37%
FY2017 30.8× 13.42%
FY2016 27.2× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 29.7× (25.13%)
Mar 2026 39.6× 24.57%
Dec 2025 31.8× 18.26%
Sep 2025 26.9× (5.85%)
42 more quarters

Against its own ten years

Low −121× High 842×
Ten-year median 25.7×
Current reading's percentile 53

EV/FCF against peers

Company EV/FCF
WMB Williams Companies, Inc. (The) compare −557×
MPLX MPLX LP compare 19.0×
ET Energy Transfer LP compare 26.3×
EPD Enterprise Products Partners L.P. compare 26.9×
LNG Cheniere Energy, Inc. compare 29.8×
OKE ONEOK, Inc. 30.3×
TRP TC Energy Corporation compare 36.4×
KMI Kinder Morgan, Inc. compare 39.3×
TRGP Targa Resources, Inc. compare 109×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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