TTM
6.4%
YoY change
−5.97pp
Trough year (2019)
-18.8%
Peak year (2002)
28.6%
Latest annual
7.3%
FCF Margin history chart for ONEOK (OKE) from 1994 to 2025
Latest: 7.3%
FCF Margin change chart for ONEOK (OKE) from 1994 to 2025
Latest: −5.97pp
FCF Margin history table for ONEOK (OKE) from 1994 to 2025
| 2025 | 7.3% | -5.97pp | ||
| 2024 | 13.2% | -2.74pp | ||
| 2023 | 16.0% | +8.54pp | ||
| 2022 | 7.5% | -3.26pp | ||
| 2021 | 10.7% | +14.21pp | ||
| 2020 | -3.5% | +15.30pp | ||
| 2019 | -18.8% | -19.16pp | ||
| 2018 | 0.4% | -6.20pp | ||
| 2017 | 6.6% | -1.61pp | ||
| 2016 | 8.2% | +10.53pp | ||
| 2015 | -2.4% | +1.68pp | ||
| 2014 | -4.0% | +2.56pp | ||
| 2013 | -6.6% | +0.42pp | ||
| 2012 | -7.0% | -7.17pp | ||
| 2011 | 0.2% | -1.79pp | ||
| 2010 | 2.0% | -3.90pp | ||
| 2009 | 5.9% | +12.03pp | ||
| 2008 | -6.2% | -7.26pp | ||
| 2007 | 1.1% | -3.10pp | ||
| 2006 | 4.2% | +7.57pp | ||
| 2005 | -3.4% | -2.40pp | ||
| 2004 | -1.0% | +6.05pp | ||
| 2003 | -7.0% | -35.63pp | ||
| 2002 | 28.6% | +27.65pp | ||
| 2001 | 0.9% | +7.06pp | ||
| 2000 | -6.1% | +6.14pp | ||
| 1999 | -12.3% | -14.72pp | ||
| 1998 | 2.5% | -2.85pp | ||
| 1997 | 5.3% | +4.04pp | ||
| 1996 | 1.3% | -1.73pp | ||
| 1995 | 3.0% | +2.19pp | ||
| 1994 | 0.8% | — |
- 20257.3%-5.97pp
- 202413.2%-2.74pp
- 202316.0%+8.54pp
- 20227.5%-3.26pp
- 202110.7%+14.21pp
- 2020-3.5%+15.30pp
- 2019-18.8%-19.16pp
- 20180.4%-6.20pp
- 20176.6%-1.61pp
- 20168.2%+10.53pp
- 2015-2.4%+1.68pp
- 2014-4.0%+2.56pp
- 2013-6.6%+0.42pp
- 2012-7.0%-7.17pp
- 20110.2%-1.79pp
- 20102.0%-3.90pp
- 20095.9%+12.03pp
- 2008-6.2%-7.26pp
- 20071.1%-3.10pp
- 20064.2%+7.57pp
- 2005-3.4%-2.40pp
- 2004-1.0%+6.05pp
- 2003-7.0%-35.63pp
- 200228.6%+27.65pp
- 20010.9%+7.06pp
- 2000-6.1%+6.14pp
- 1999-12.3%-14.72pp
- 19982.5%-2.85pp
- 19975.3%+4.04pp
- 19961.3%-1.73pp
- 19953.0%+2.19pp
- 19940.8%—
FCF Margin values are taken from ONEOK's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at ONEOK (OKE)
According to ONEOK's latest reported financial statements, the company's latest reported free cash flow margin is 6.4%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, ONEOK (OKE) reported free cash flow margin of 7.28% – contracted 6.0 percentage points year-over-year.
The highest annual free cash flow margin of 28.59% was reported in 2002. The lowest in the available history was -18.80% in 2019.
ONEOK FCF Margin by Year
ONEOK FCF Margin 2025: 7.3%
In 2025, ONEOK reported free cash flow margin of 7.28%, contracted 6.0 percentage points from 2024.
ONEOK FCF Margin 2024: 13.2%
ONEOK free cash flow margin in 2024 was 13.25%, contracted 2.7 percentage points from 2023.
ONEOK FCF Margin 2023: 16.0%
2023's free cash flow margin for ONEOK came in at 15.99%, expanded 8.5 percentage points from 2022.
ONEOK FCF Margin 2022: 7.5%
ONEOK posted free cash flow margin of 7.45% in 2022, contracted 3.3 percentage points from 2021.
ONEOK FCF Margin 2021: 10.7%
ONEOK free cash flow margin in 2021 was 10.71%.
See more financial history for ONEOK (OKE).
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