ONEOK Inc (OKE) — Capital Reinvestment Ratio
ONEOK Inc (OKE) has a Capital Reinvestment Ratio of 0.50x as of September 2025, meaning it reinvests 0% of its operating cash flow ($1.62 Billion) in capital expenditures ($804.00 Million). Check ONEOK Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ONEOK Inc Capital Reinvestment Ratio (1994–2024)
This chart tracks ONEOK Inc's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see OKE cash generation efficiency.
Annual Capital Reinvestment Ratio for ONEOK Inc (1994–2024)
Year-by-year Capital Reinvestment Ratio for ONEOK Inc from 1994 to 2024. See ONEOK Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.41x | $4.89 Billion | $2.02 Billion | ▲ +14.6% |
| 2023 | 0.36x | $4.42 Billion | $1.59 Billion | ▼ -12.8% |
| 2022 | 0.41x | $2.91 Billion | $1.20 Billion | ▲ +51.1% |
| 2021 | 0.27x | $2.55 Billion | $696.85 Million | ▼ -76.3% |
| 2020 | 1.16x | $1.90 Billion | $2.20 Billion | ▼ -41.5% |
| 2019 | 1.98x | $1.95 Billion | $3.85 Billion | ▲ +101.9% |
| 2018 | 0.98x | $2.19 Billion | $2.14 Billion | ▲ +151.4% |
| 2017 | 0.39x | $1.32 Billion | $512.39 Million | ▼ -15.7% |
| 2016 | 0.46x | $1.35 Billion | $624.63 Million | ▼ -60.8% |
| 2015 | 1.18x | $1.01 Billion | $1.19 Billion | ▼ -14.7% |
| 2014 | 1.38x | $1.29 Billion | $1.78 Billion | ▼ -20.6% |
| 2013 | 1.74x | $1.29 Billion | $2.26 Billion | ▼ -7.5% |
| 2012 | 1.88x | $990.94 Million | $1.87 Billion | ▲ +91.7% |
| 2011 | 0.98x | $1.36 Billion | $1.34 Billion | ▲ +40.6% |
| 2010 | 0.70x | $834.04 Million | $582.75 Million | ▲ +28.3% |
| 2009 | 0.54x | $1.45 Billion | $791.25 Million | ▼ -82.4% |
| 2008 | 3.10x | $475.68 Million | $1.47 Billion | ▲ +260.8% |
| 2007 | 0.86x | $1.03 Billion | $883.70 Million | ▲ +99.2% |
| 2006 | 0.43x | $873.39 Million | $376.31 Million | ▼ -66.6% |
| 2004 | 1.29x | $204.81 Million | $264.11 Million | ▼ -97.6% |
| 2003 | 52.71x | $4.08 Million | $215.15 Million | ▲ +20223.8% |
| 2002 | 0.26x | $812.28 Million | $210.65 Million | ▼ -69.2% |
| 2001 | 0.84x | $405.35 Million | $341.57 Million | ▼ -3.2% |
| 1998 | 0.87x | $346.53 Million | $301.51 Million | ▲ +46.2% |
| 1997 | 0.60x | $152.10 Million | $90.50 Million | ▼ -30.2% |
| 1996 | 0.85x | $105.10 Million | $89.60 Million | ▲ +15.2% |
| 1995 | 0.74x | $109.50 Million | $81.00 Million | ▼ -19.6% |
| 1994 | 0.92x | $80.30 Million | $73.90 Million | — |