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Saturday 17 October 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. 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.

93.39 2.74 +3.02%
Market cap
$57.2B
P/E
16.1×
Fwd P/E
15.5×
Dividend yield
5.69%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, ONEOK, Inc. (OKE) trades at a price to free cash flow of 20.3×. Over the past ten years it has ranged from 0.0× (March 2021) to 635× (March 2019); the current reading is higher than 69% of that period. That is above the Oil & Gas Midstream industry median of 9.7× and above the Energy sector median of 11.2×.

Price to free cash flow, daily

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Annual newest first

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 newest first

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

Against its own ten years

Low 0.0× High 635×
Ten-year median 15.9×
Current reading's percentile 69

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 13.4×
MPLX MPLX LP compare 13.7×
EPD Enterprise Products Partners L.P. compare 19.3×
OKE ONEOK, Inc. 20.3×
TRP TC Energy Corporation compare 22.0×
LNG Cheniere Energy, Inc. compare 22.3×
KMI Kinder Morgan, Inc. compare 28.7×
TRGP Targa Resources, Inc. compare 85.2×
Oil & Gas Midstream industry median 9.7×
Energy sector median 11.2×
Market median 14.2×

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 →

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