ONEOK, Inc. (OKE)
NYSE: OKE · Real-Time Price · USD
87.37
+1.39 (1.62%)
At close: Nov 10, 2026, 4:00 PM EST
87.66
+0.29 (0.33%)
After-hours: Nov 10, 2026, 7:42 PM EST
ONEOK Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 4,067 | 3,393 | 3,035 | 2,659 | 1,722 | 1,500 |
Depreciation & Amortization | 1,548 | 1,514 | 1,134 | 769 | 626 | 622 |
Loss (Gain) From Sale of Assets | - | - | -227 | - | - | - |
Loss (Gain) From Sale of Investments | 60 | - | - | - | - | - |
Loss (Gain) on Equity Investments | 35 | 11 | -49 | - | -1 | 1 |
Other Operating Activities | 803 | 1,061 | 1,038 | 635 | 617 | 566 |
Change in Accounts Receivable | -1,590 | -683 | 49 | 107 | -148 | -611 |
Change in Inventory | -360 | -263 | 17 | 118 | -62 | -105 |
Change in Accounts Payable | 1,515 | 671 | 114 | -62 | -26 | 622 |
Change in Other Net Operating Assets | -166 | -105 | -223 | 195 | 178 | -49 |
Operating Cash Flow | 5,912 | 5,599 | 4,888 | 4,421 | 2,906 | 2,546 |
Operating Cash Flow Growth | 4.38% | 14.55% | 10.56% | 52.13% | 14.14% | 34.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -3,384 | -3,152 | -2,021 | -1,595 | -1,202 | -697 |
Cash Acquisitions | -25 | -25 | -5,829 | -5,015 | - | - |
Divestitures | - | - | 1,200 | - | - | - |
Investment in Securities | -671 | -622 | -111 | -207 | 17 | 18 |
Other Investing Activities | 54 | 48 | 149 | 413 | 46 | 14 |
Investing Cash Flow | -4,026 | -3,751 | -6,612 | -6,404 | -1,139 | -665 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | 820 | - | - | - | - |
Long-Term Debt Issued | - | 2,989 | 7,094 | 5,298 | 869 | - |
Total Debt Issued | 2,020 | 3,809 | 7,094 | 5,298 | 869 | - |
Long-Term Debt Repaid | - | -2,979 | -2,003 | -1,300 | -896 | -605 |
Total Debt Repaid | -7,120 | -2,979 | -2,003 | -1,300 | -896 | -605 |
Net Debt Issued (Repaid) | -5,100 | 830 | 5,091 | 3,998 | -27 | -605 |
Repurchase of Common Stock | -75 | -75 | -159 | - | - | - |
Preferred Dividends Paid | - | - | -1 | -1 | -1 | -1 |
Common Dividends Paid | -87 | - | -2,312 | -1,838 | -1,671 | -1,666 |
Dividends Paid | -2,670 | -2,583 | -2,313 | -1,839 | -1,672 | -1,667 |
Other Financing Activities | 8,946 | -675 | -135 | -58 | 6 | 13 |
Financing Cash Flow | 1,101 | -2,503 | 2,119 | 2,101 | -1,693 | -2,259 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 Cash Flow | 2,987 | -655 | 395 | 118 | 74 | -378 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,528 | 2,447 | 2,867 | 2,826 | 1,704 | 1,849 |
Free Cash Flow Growth | -13.43% | -14.65% | 1.45% | 65.84% | -7.84% | - |
Free Cash Flow Margin | 5.85% | 7.28% | 13.21% | 15.99% | 7.61% | 11.18% |
Free Cash Flow Per Share | 4.00 | 3.91 | 4.89 | 5.82 | 3.80 | 4.13 |
Levered Free Cash Flow | 775.13 | 725.38 | 1,298 | 1,231 | 706.94 | 1,066 |
Unlevered Free Cash Flow | 1,863 | 1,840 | 2,155 | 1,772 | 1,129 | 1,525 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 1,732 | 1,732 | 1,297 | 653 | 582 | 692 |
Cash Income Tax Paid | 74 | 74 | 102 | 37 | 59 | 9 |
Change in Working Capital | -601 | -380 | -43 | 358 | -58 | -143 |