ONEOK Inc (OKE) — Cash Flow Reinvestment Rate
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. See ONEOK Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
ONEOK Inc Cash Flow Reinvestment Rate (1994–2024)
Historical reinvestment intensity for ONEOK Inc across 28 annual periods. For the full cash flow conversion analysis, see ONEOK Inc (OKE) cash flow conversion.
Annual Cash Flow Reinvestment Rate for ONEOK Inc (1994–2024)
Year-by-year capital reinvestment analysis for ONEOK Inc. See ONEOK Inc (OKE) flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |