ONEOK Inc (OKE) — Cash Flow Reinvestment Rate

Latest as of September 2025: 1.19x

ONEOK Inc (OKE) has a Cash Flow Reinvestment Rate of 1.19x as of September 2025, reinvesting $1.94 Billion (capex $804.00 Million plus investments $-1.13 Billion) from operating cash flow of $1.62 Billion. Check OKE cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

1.19x
(Capex + Investments) / Operating CF

Total Reinvested

$1.94 Billion
Capex + Investments

Operating Cash Flow

$1.62 Billion
USD

Capital Expenditures

$804.00 Million
USD

ONEOK Inc Cash Flow Reinvestment Rate (1994–2024)

Historical reinvestment intensity for ONEOK Inc across 28 annual periods. Explore OKE long-term investments to assets to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for ONEOK Inc (1994–2024)

Year-by-year capital reinvestment analysis for ONEOK Inc. For live market cap and broader valuation context, see OKE stock market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 1.77x $8.63 Billion $4.89 Billion $2.02 Billion ▲ +2.3%
2023 1.73x $7.63 Billion $4.42 Billion $1.59 Billion ▲ +114.2%
2022 0.81x $2.34 Billion $2.91 Billion $1.20 Billion ▲ +186.4%
2021 0.28x $716.22 Million $2.55 Billion $696.85 Million ▼ -76.0%
2020 1.17x $2.23 Billion $1.90 Billion $2.20 Billion ▼ -42.0%
2019 2.02x $3.94 Billion $1.95 Billion $3.85 Billion ▲ +104.2%
2018 0.99x $2.17 Billion $2.19 Billion $2.14 Billion ▲ +128.0%
2017 0.43x $571.51 Million $1.32 Billion $512.39 Million ▼ -8.4%
2016 0.47x $640.87 Million $1.35 Billion $624.63 Million ▼ -60.0%
2015 1.19x $1.19 Billion $1.01 Billion $1.19 Billion ▼ -15.2%
2014 1.40x $1.80 Billion $1.29 Billion $1.78 Billion ▼ -19.8%
2013 1.75x $2.26 Billion $1.29 Billion $2.26 Billion ▼ -8.8%
2012 1.91x $1.90 Billion $990.94 Million $1.87 Billion ▲ +85.9%
2011 1.03x $1.40 Billion $1.36 Billion $1.34 Billion ▲ +47.1%
2010 0.70x $584.08 Million $834.04 Million $582.75 Million ▲ +28.6%
2009 0.54x $791.25 Million $1.45 Billion $791.25 Million ▼ -82.4%
2008 3.10x $1.47 Billion $475.68 Million $1.47 Billion ▲ +260.8%
2007 0.86x $883.70 Million $1.03 Billion $883.70 Million ▲ +99.2%
2006 0.43x $376.31 Million $873.39 Million $376.31 Million ▼ -66.6%
2004 1.29x $264.11 Million $204.81 Million $264.11 Million ▼ -97.6%
2003 52.71x $215.15 Million $4.08 Million $215.15 Million ▲ +20223.8%
2002 0.26x $210.65 Million $812.28 Million $210.65 Million ▼ -69.2%
2001 0.84x $341.57 Million $405.35 Million $341.57 Million ▼ -3.2%
1998 0.87x $301.51 Million $346.53 Million $301.51 Million ▲ +46.2%
1997 0.60x $90.50 Million $152.10 Million $90.50 Million ▼ -30.2%
1996 0.85x $89.60 Million $105.10 Million $89.60 Million ▲ +15.2%
1995 0.74x $81.00 Million $109.50 Million $81.00 Million ▼ -19.6%
1994 0.92x $73.90 Million $80.30 Million $73.90 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow