Oneok (OKE) EV to FCF (2009 - 2026)
Oneok's EV to FCF was 24.81 in Q3 2026, up 61.6% from 15.35 a year earlier and up 31.8% from the prior quarter.
Oneok (OKE) EV to FCF (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Oneok's EV to FCF was 24.65 through Sep 30, 2026, up 64.1% year-over-year; for FY2025, it came in at 18.92, down 13.8% from FY2024.
- In earlier years, EV to FCF was 21.94 in FY2024 (+84.2%), 11.91 in FY2023 (-30.4%), 17.11 in FY2022 (+21.4%) and 14.10 in FY2021.
- Quarterly EV to FCF has moved between 10.86 (Q3 2023) and 25.34 (Q1 2026) over five years.
- Compared with a year earlier, EV to FCF has increased for three straight quarters, with growth averaging 14.9% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q1 2024 (growth of 106.9%); the worst was Q1 2022 (a decline of 50.8%).
- Per Business Quant data, OKE's EV to FCF in the three quarters before Q3 2026 was 18.82 (Q2 2026), 25.34 (Q1 2026) and 18.92 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.81 |
| Jun 30, 2026 | 18.82 |
| Mar 31, 2026 | 25.34 |
| Dec 31, 2025 | 18.92 |
| Sep 30, 2025 | 15.35 |
| Jun 30, 2025 | 17.82 |
| Mar 31, 2025 | 20.47 |
| Dec 31, 2024 | 21.94 |
| Sep 30, 2024 | 19.34 |
| Jun 30, 2024 | 19.33 |
| Mar 31, 2024 | 23.62 |
| Dec 31, 2023 | 11.91 |
| Sep 30, 2023 | 10.86 |
| Jun 30, 2023 | 11.41 |
| Mar 31, 2023 | 11.42 |
| Dec 31, 2022 | 17.11 |
| Sep 30, 2022 | 12.51 |
| Jun 30, 2022 | 13.81 |
| Mar 31, 2022 | 18.56 |
| Dec 31, 2021 | 14.10 |
Oneok EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "OKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();