Oneok OKE
NYSE OKE
$95.43 -0.32 (-0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Oneok (OKE) FCF Margin (2009 - 2026)

Oneok (OKE) posted FCF Margin of 11.95% for Q2 2026, up 1542.09% on a QoQ basis from 0.73% in Q1 2026, and up 211.0% year-over-year from 3.84% in Q2 2025.

Analysis

Oneok (OKE) FCF Margin (2009 - 2026) Analysis & Trends

Oneok has reported FCF Margin for 18 years, with the latest figure at 11.95% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 211.0% year-over-year to 11.95% in Q2 2026; TTM through Jun 2026 was 7.38%, a 293.0% decrease from a year earlier, with the FY2025 full-year figure at 7.28%, down 594.0% from the prior year.
  • FCF Margin was 11.95% for Q2 2026 at Oneok, up from 0.73% in the prior quarter.
  • The five-year high for FCF Margin was 20.61% in Q1 2023, with the low at 0.73% in Q1 2026.
  • Average FCF Margin over 5 years is 10.42%, with a median of 10.9% recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin soared 1683 bps in 2023, then plunged 1886 bps in 2024.
  • Over 5 years, FCF Margin stood at 14.39% in 2022, then climbed by 20 bps to 17.29% in 2023, then slipped by 13 bps to 14.99% in 2024, then slumped by 58 bps to 6.35% in 2025, then jumped by 88 bps to 11.95% in 2026.
  • The last three FCF Margin figures came in at 11.95% (Q2 2026), 0.73% (Q1 2026), and 6.35% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 21.84%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 11.07%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 7.88%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 92.82%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 9.71%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 26.48%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 11.95%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 3.87%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 51.81%
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.95%
Mar 31, 2026 0.73%
Dec 31, 2025 6.35%
Sep 30, 2025 9.50%
Jun 30, 2025 9.84%
Mar 31, 2025 3.42%
Dec 31, 2024 14.99%
Sep 30, 2024 15.59%
Jun 30, 2024 19.43%
Mar 31, 2024 1.76%
Dec 31, 2023 17.29%
Sep 30, 2023 12.46%
Jun 30, 2023 12.51%
Mar 31, 2023 20.61%
Dec 31, 2022 14.39%
Sep 30, 2022 4.89%
Jun 30, 2022 8.09%
Mar 31, 2022 3.78%
Dec 31, 2021 15.65%
Sep 30, 2021 5.44%