ONEOK Inc (OKE) — Financial Flexibility Index
ONEOK Inc (OKE) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $2.43 Billion (operating CF $1.62 Billion minus capex $804.00 Million) represents 0% of total liabilities ($44.46 Billion). Check OKE strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
ONEOK Inc Financial Flexibility Index (1994–2024)
Historical Financial Flexibility Index trend for ONEOK Inc across 31 annual periods. See OKE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for ONEOK Inc (1994–2024)
Year-by-year free cash flow to debt coverage for ONEOK Inc. For the full company profile including market capitalisation, see ONEOK Inc market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.16x | $6.91 Billion | $4.89 Billion | $41.94 Billion | ▼ -23.9% |
| 2023 | 0.22x | $6.02 Billion | $4.42 Billion | $27.78 Billion | ▼ -5.7% |
| 2022 | 0.23x | $4.11 Billion | $2.91 Billion | $17.89 Billion | ▲ +24.7% |
| 2021 | 0.18x | $3.24 Billion | $2.55 Billion | $17.61 Billion | ▼ -23.4% |
| 2020 | 0.24x | $4.09 Billion | $1.90 Billion | $17.04 Billion | ▼ -35.4% |
| 2019 | 0.37x | $5.80 Billion | $1.95 Billion | $15.59 Billion | ▲ +0.1% |
| 2018 | 0.37x | $4.33 Billion | $2.19 Billion | $11.65 Billion | ▲ +126.8% |
| 2017 | 0.16x | $1.83 Billion | $1.32 Billion | $11.16 Billion | ▲ +5.3% |
| 2016 | 0.16x | $1.98 Billion | $1.35 Billion | $12.71 Billion | ▼ -17.3% |
| 2015 | 0.19x | $2.20 Billion | $1.01 Billion | $11.68 Billion | ▼ -30.7% |
| 2014 | 0.27x | $3.06 Billion | $1.29 Billion | $11.30 Billion | ▼ -1.8% |
| 2013 | 0.28x | $3.55 Billion | $1.29 Billion | $12.86 Billion | ▲ +12.3% |
| 2012 | 0.25x | $2.86 Billion | $990.94 Million | $11.62 Billion | ▼ -9.8% |
| 2011 | 0.27x | $2.70 Billion | $1.36 Billion | $9.90 Billion | ▲ +64.9% |
| 2010 | 0.17x | $1.42 Billion | $834.04 Million | $8.58 Billion | ▼ -30.9% |
| 2009 | 0.24x | $2.24 Billion | $1.45 Billion | $9.38 Billion | ▲ +22.2% |
| 2008 | 0.20x | $1.95 Billion | $475.68 Million | $9.96 Billion | ▼ -15.2% |
| 2007 | 0.23x | $1.91 Billion | $1.03 Billion | $8.29 Billion | ▲ +38.3% |
| 2006 | 0.17x | $1.25 Billion | $873.39 Million | $7.49 Billion | ▲ +1836.4% |
| 2005 | 0.01x | $70.83 Million | $-179.66 Million | $8.22 Billion | ▼ -89.7% |
| 2004 | 0.08x | $468.92 Million | $204.81 Million | $5.59 Billion | ▲ +94.2% |
| 2003 | 0.04x | $219.23 Million | $4.08 Million | $5.07 Billion | ▼ -81.6% |
| 2002 | 0.23x | $1.02 Billion | $812.28 Million | $4.37 Billion | ▲ +44.8% |
| 2001 | 0.16x | $746.92 Million | $405.35 Million | $4.61 Billion | ▲ +1969.1% |
| 2000 | 0.01x | $48.07 Million | $-263.33 Million | $6.14 Billion | ▼ -80.8% |
| 1999 | 0.04x | $85.13 Million | $-7.03 Million | $2.09 Billion | ▼ -92.1% |
| 1998 | 0.52x | $648.04 Million | $346.53 Million | $1.25 Billion | ▲ +65.1% |
| 1997 | 0.31x | $242.60 Million | $152.10 Million | $774.80 Million | ▲ +28.0% |
| 1996 | 0.24x | $194.70 Million | $105.10 Million | $796.20 Million | ▼ -0.9% |
| 1995 | 0.25x | $190.50 Million | $109.50 Million | $771.90 Million | ▲ +21.2% |
| 1994 | 0.20x | $154.20 Million | $80.30 Million | $757.50 Million | — |