Friday 6 November 2026 Export OKE’s income statement to Excel — free account

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.

Revenue: +44.3%
EPS: +47.2%
Free cash flow: −46.1%
Total debt: −15.7%

Quarter to September 2026, against a year earlier

85.41 0.84 −0.97%

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Market cap: $54.4B
P/E: 13.3×
Fwd P/E: 15.2×
Dividend yield: 4.94%
F-score: 5/9
Altman Z: 1.43
Beneish M: −2.14
Dividend safety: 34/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

ONEOK, Inc. (OKE) Price to free cash flow

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As of 5 November 2026, ONEOK, Inc. (OKE) trades at a price to free cash flow of 21.6×. Over the past ten years it has ranged from 0.0× (March 2021) to 635× (March 2019); the current reading is higher than 74% of that period. That is above the Oil & Gas Midstream industry median of 8.5× and above the Energy sector median of 8.9×.

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<iframe src="https://stockrow.com/embed/OKE/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="ONEOK, Inc. price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/OKE/metrics/price-to-free-cash-flow">ONEOK, Inc. (OKE) price to free cash flow — stockrow.com</a></p>

Period	Price to free cash flow	Change
FY2025	18.8×	(8.33%)
FY2024	20.5×	68.21%
FY2023	12.2×	(27.52%)
FY2022	16.8×	18.37%
FY2021	14.2×	—
FY2020	0.0×	—
FY2019	0.0×	—
FY2018	491×	2,323.63%
FY2017	20.2×	23.07%
FY2016	16.5×	—

Period	Price to free cash flow	Change
Sep 2026	21.3×	12.78%
Jun 2026	18.9×	(25.77%)
Mar 2026	25.4×	35.49%
Dec 2025	18.8×	19.09%
43 more quarters	Free account

Against its own ten years

Low 0.0× High 635×

Ten-year median 16.0×

Current reading's percentile 74

Company	Price to free cash flow
WMB Williams Companies, Inc. (The) compare	n/m
ET Energy Transfer LP compare	9.9×
MPLX MPLX LP compare	14.0×
LNG Cheniere Energy, Inc. compare	15.3×
EPD Enterprise Products Partners L.P. compare	17.3×
OKE ONEOK, Inc.	21.6×
TRP TC Energy Corporation compare	22.3×
KMI Kinder Morgan, Inc. compare	25.5×
TRGP Targa Resources, Inc. compare	62.7×
Oil & Gas Midstream industry median	8.5×
Energy sector median	8.9×
Market median	14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

ONEOK, Inc. (OKE) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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