Oneok (OKE) Free Cash Flow (2009 - 2026)
Oneok's (OKE) quarterly Free Cash Flow came in at $70.0 million in Q1 2026, down 74.55% year-on-year from $275.0 million in Q1 2025, and down 87.85% quarter-over-quarter from $576.0 million in Q4 2025.
Oneok (OKE) Free Cash Flow (2009 - 2026) Analysis & Trends
Oneok's Free Cash Flow history runs 18 years deep, the most recent figure standing at $70.0 million for Q1 2026.
- On a quarterly basis, Free Cash Flow fell 74.55% year-over-year to $70.0 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 26.68% decrease from a year earlier, with the FY2025 full-year figure at $2.4 billion, down 14.65% from the prior year.
- Free Cash Flow retreated to $70.0 million in Q1 2026 per OKE's latest filing, from $576.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.0 billion in Q4 2024 and bottomed at $70.0 million in Q1 2026.
- The 5-year median for Free Cash Flow is $576.0 million (2025), against an average of $583.2 million.
- Across the five-year window, Free Cash Flow jumped 352.43% in 2023 and sank 90.99% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at $724.0 million in 2022, then grew by 25.0% to $905.0 million in 2023, then rose by 15.91% to $1.0 billion in 2024, then slumped by 45.09% to $576.0 million in 2025, then slumped by 87.85% to $70.0 million in 2026.
- Per Business Quant, the three latest OKE Free Cash Flow figures stand at $70.0 million (Q1 2026), $576.0 million (Q4 2025), and $820.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 98.91 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 12.71 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 978.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -70.73 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 486.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.46 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -160.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 70.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 772.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 576.00 Mn |
| Dec 31, 2025 | 576.00 Mn |
| Sep 30, 2025 | 820.00 Mn |
| Sep 30, 2025 | 820.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Mar 31, 2025 | 275.00 Mn |
| Mar 31, 2025 | 275.00 Mn |
| Dec 31, 2024 | 1.05 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 783.00 Mn |
| Sep 30, 2024 | 783.00 Mn |
| Jun 30, 2024 | 951.00 Mn |
| Jun 30, 2024 | 951.00 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Dec 31, 2023 | 905.00 Mn |
| Dec 31, 2023 | 905.00 Mn |