Oneok (OKE) Free Cash Flow (2009 - 2026)
Oneok's Free Cash Flow came in at $442 million for Q3 2026, down 46.1% from $820 million a year earlier and down 69.3% from the prior quarter.
Oneok (OKE) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Oneok reported Free Cash Flow of $2.53 billion, down 13.4% year-over-year; for FY2025, it came in at $2.45 billion, down 14.6% from FY2024.
- Going back by year, Free Cash Flow was $2.87 billion in FY2024 (+1.5%), $2.83 billion in FY2023 (+65.8%), $1.7 billion in FY2022 (-7.8%) and $1.85 billion in FY2021.
- The five-year range for quarterly Free Cash Flow is $70 million (Q1 2026) to $1.44 billion (Q2 2026).
- Year-over-year, Free Cash Flow increased in four of the last eight quarters, with growth averaging 18.7%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q1 2023 (growth of 352.4%), and the weakest in Q1 2024 (a decline of 91.0%).
- Business Quant data shows OKE's Free Cash Flow at $1.44 billion (Q2 2026), $70 million (Q1 2026) and $576 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | -527.90 Mn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | -984.00 Mn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 1.13 Bn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 545.00 Mn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 2.14 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 2.13 Bn |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 120.30 Mn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 1.73 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 682.00 Mn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 442.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 442.00 Mn |
| Jun 30, 2026 | 1.44 Bn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 576.00 Mn |
| Sep 30, 2025 | 820.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Mar 31, 2025 | 275.00 Mn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 783.00 Mn |
| Jun 30, 2024 | 951.00 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Dec 31, 2023 | 905.00 Mn |
| Sep 30, 2023 | 522.00 Mn |
| Jun 30, 2023 | 467.00 Mn |
| Mar 31, 2023 | 932.00 Mn |
| Dec 31, 2022 | 724.00 Mn |
| Sep 30, 2022 | 289.00 Mn |
| Jun 30, 2022 | 485.00 Mn |
| Mar 31, 2022 | 206.00 Mn |
| Dec 31, 2021 | 848.17 Mn |
Oneok Free Cash Flow 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=free-cash-flow&ticker=OKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();