ONEOK, Inc. OKE
- Market cap
- $57.5B
- P/E
- 15.3×
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ONEOK, Inc. (OKE) Price to free cash flow
As of 25 September 2026, ONEOK, Inc. (OKE) trades at a price to free cash flow of 19.3×. Over the past ten years it has ranged from 0.0× (March 2021) to 635× (March 2019); the current reading is higher than 64% of that period. That is above the Oil & Gas Midstream industry median of 10.1× and above the Energy sector median of 10.8×.
Price to free cash flow, daily
Annual
| 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× | — |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 18.9× | (25.77%) |
| Mar 2026 | 25.4× | 35.49% |
| Dec 2025 | 18.8× | 19.09% |
| Sep 2025 | 15.8× | (11.26%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| WMB Williams Companies, Inc. (The) compare | n/m |
| ET Energy Transfer LP compare | 13.3× |
| MPLX MPLX LP compare | 13.4× |
| EPD Enterprise Products Partners L.P. compare | 19.3× |
| OKE ONEOK, Inc. | 19.3× |
| LNG Cheniere Energy, Inc. compare | 20.7× |
| TRP TC Energy Corporation compare | 20.9× |
| KMI Kinder Morgan, Inc. compare | 25.8× |
| TRGP Targa Resources, Inc. compare | 80.5× |
| Oil & Gas Midstream industry median | 10.1× |
| Energy sector median | 10.8× |
| Market median | 14.0× |
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)))
More on OKE
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement