ONEOK Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,462	3,112	2,659	1,722	1,500
Depreciation & Amortization	1,514	1,134	769	626	622
Other Adjustments	1,003	685	635	616	567
Change in Receivables	-683	49	107	-148	-611
Changes in Inventories	-263	17	118	-62	-105
Changes in Accounts Payable	671	114	-62	-26	622
Changes in Other Operating Activities	-105	-223	195	178	-49
Operating Cash Flow	5,599	4,888	4,421	2,906	2,546
Operating Cash Flow Growth	14.55%	10.56%	52.13%	14.14%	34.07%
Capital Expenditures	-3,152	-2,021	-1,595	-1,202	-697
Payments for Business Acquisitions	-25	-5,829	-5,015	-	-
Proceeds from Business Divestments	-	1,200	-	-	-
Other Investing Activities	-574	38	206	63	32
Investing Cash Flow	-3,751	-6,612	-6,404	-1,139	-665
Long-Term Debt Issued	2,989	7,094	5,298	869	-
Long-Term Debt Repaid	-2,979	-2,003	-1,300	-896	-605
Net Long-Term Debt Issued (Repaid)	10	5,091	3,998	-27	-605
Repurchase of Common Stock	-75	-159	-	-	-
Net Common Stock Issued (Repurchased)	-75	-159	-	-	-
Repurchase of Preferred Stock	-	-365	-	-	-
Net Preferred Stock Issued (Repurchased)	-	-365	-	-	-
Common Dividends Paid	-2,583	-2,313	-1,839	-1,672	-1,667
Other Financing Activities	145	-135	-58	6	13
Financing Cash Flow	-2,503	2,119	2,101	-1,693	-2,259
Net Cash Flow	-655	395	118	74	-378
Free Cash Flow	2,447	2,867	2,826	1,704	1,849
Free Cash Flow Growth	-14.65%	1.45%	65.84%	-7.84%	-
FCF Margin	7.28%	13.21%	15.99%	7.61%	11.18%
Free Cash Flow Per Share	3.91	4.89	5.82	3.80	4.13
Levered Free Cash Flow	5,461	10,181	8,740	2,930	1,287
Unlevered Free Cash Flow	3,092	2,799	2,521	1,662	2,356

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.