ONEOK

ONEOK Net Debt/FCF

The Net Debt to Free Cash Flow Ratio of ONEOK (OKE) as of Oct 31, 2026 is 13.38. In the previous year, Net Debt to Free Cash Flow Ratio was 10.93 — a change of 22.37% (higher).

Net Debt/FCF

13.38

YoY

22.37%

Last updated:

Net Debt to Free Cash Flow Ratio of ONEOK is 2025 13.38 . Net Debt to Free Cash Flow Ratio of ONEOK was 2024 10.93 . It decreases by 22.37% higher compared to the previous year.

The ONEOK Net Debt/FCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/FCF
Date
Net Debt/FCF
Jan 1, 2018
207.70 USD
Jan 1, 2019
-6.69 USD
Jan 1, 2020
-46.35 USD
Jan 1, 2021
7.31 USD
Jan 1, 2022
7.88 USD
Jan 1, 2023
7.55 USD
Jan 1, 2024
10.93 USD
Jan 1, 2025
13.38 USD
The ONEOK Net Debt/FCF history
YEARNet Debt/FCFYoY
13.38+22.37%
10.93+44.85%
7.55-4.19%
7.88+7.76%
7.31-115.77%
-46.35+593.36%
-6.69-103.22%
207.70+1,732.43%
11.33-10.36%
12.64-125.81%
-48.99+200.61%
-16.30—

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ONEOK Stock analysis

What does ONEOK do? ONEOK Inc is an American company based in Tulsa, Oklahoma. Its history dates back to 1906 when it was founded as the Oklahoma Natural Gas Company. In 1980, it was renamed ONEOK Inc and has since become a leading wholesaler of natural gas and petroleum products in the United States. The business model of ONEOK Inc is based on the production, processing, storage, and transportation of natural gas and petroleum products. The company operates several pipelines that traverse America's major oil and gas fields. These pipelines transport millions of barrels of crude oil and billions of cubic feet of natural gas across the country. ONEOK Inc also has numerous gas processing facilities, including facilities for removing impurities and moisture. The processed products, derived from both raw gas and oil extraction, can then be sold in various forms. Natural gas processing is one of the largest business areas of ONEOK Inc. The company is one of the leading producers of ethane, butane, and propane, which are used in the chemical industry, as fuels, and in agriculture. ONEOK Inc offers a wide range of products and also provides specialty gas products such as hydrocarbons and nitrogen compounds. Another important business area of ONEOK Inc is the storage of natural gas and petroleum products. The company owns several underground storage facilities and tank farms where natural gas and petroleum products are stored. These facilities enable the company to hold large quantities of energy in reserve and ensure reliable supply during peak demand periods. ONEOK Inc also operates its own retail brand, ONEOK Partners LP. This brand offers various products and services, such as household heating, fuel, and propane tanks. Through this brand, the company sells directly to end consumers, to sell its products in local markets. In recent years, ONEOK Inc has focused on aligning its business towards sustainability and renewable energy. The company has started investing in renewable energies such as solar and wind power and constantly seeks opportunities to reduce its emissions. ONEOK Inc also relies on advanced technologies and processes to make its operations more efficient and sustainable. In summary, ONEOK Inc is a key player in the energy industry, serving customers throughout America. The company specializes in the production, processing, storage, and transportation of natural gas and petroleum products and has numerous facilities and pipelines that transport its products across the country. ONEOK Inc is also capable of offering a wide range of products and provides its customers with a variety of services such as storage and household heating. The company has begun to align itself with renewable energies and invest in technologies that reduce its emissions and make its operations more sustainable. ONEOK is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ONEOK stock

Net Debt to Free Cash Flow Ratio of ONEOK is 13.38 in 2025.

Net Debt to Free Cash Flow Ratio of ONEOK changed from 10.93 to 13.38, representing a 22.37% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Free Cash Flow Ratio ONEOK since 2006 – with annual values, charts, and detailed analysis.

Net Debt/FCF indicates how many years it would take to repay net debt using free cash flow. Lower ratios suggest faster deleveraging potential.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Free Cash Flow Ratio's ONEOK with sector peers and the industry average to assess whether it is attractive.

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