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Capital Expenditures

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99.22
Price
Fair Value
Upside
76.23 - 118.07
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on 's Capital Expenditures:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20241 B2 B3 B4 B

Performance Summary
  • ONEOK's latest twelve months capital expenditures is 2.021 billion
  • ONEOK's capital expenditures for fiscal years ending December 2020 to 2024 averaged 1.542 billion.
  • ONEOK's operated at median capital expenditures of 1.595 billion from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, ONEOK's capital expenditures peaked in December 2020 at 2.195 billion.
  • ONEOK's capital expenditures hit its 5-year low in December 2021 of 697 million.
  • ONEOK's capital expenditures decreased in 2020 (2.195 billion, -43.0%) and 2021 (697 million, -68.3%) and increased in 2022 (1.202 billion, +72.5%), 2023 (1.595 billion, +32.7%), and 2024 (2.021 billion, +26.7%).

How does ONEOK's Capital Expenditures benchmark against competitors?

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We've identified the following companies as similar to ONEOK Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Capital Expenditures

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capex
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Capital Expenditures in the financials category include:

  • Levered Free Cash Flow - The sum of cash from operations and capital expenditures
  • Assets on Oper. Lease, Accum. Depr. - This item represents the closing i.e. year-end accumulated balances of amounts provided as depreciation over the life of the assets given by the company on operating leases to others, till the end of the current year.
  • Interest on Long-Term Debt - This item represents the gross amount of interest on long-term debt.
  • Basic EPS, Adjusted - This item represents Basic EPS excluding unusual items.
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Capital Expenditures

Definition of Capital Expenditures

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Capital expenditures or CAPEX represents spending on assets that are enjoyed over a long period of time. Common examples of capital expenditures include office buildings, machines, and vehicles.

Capital expenditures can be found on a company’s cash flow statement under “Investing Activities” and increases fixed assets located on the Balance Sheet

ONEOK reported capital expenditures of 2.021 B for the latest twelve months ending December 31, 2024 on its income statement.

The tables below summarizes ONEOK’s capital expenditures and common size over the last five years:

Fiscal Year Capital Expenditures Revenue % Revenue
2020-12-312.195 B8.542 B25.7%
2021-12-31697 M16.54 B4.2%
2022-12-311.202 B22.387 B5.4%
2023-12-311.595 B17.677 B9.0%
2024-12-312.021 B21.698 B9.3%

The tables below summarizes ONEOK’s capital expenditures and common size over the last four quarters:

Quarter Ending Capital Expenditures Revenue % Revenue
2024-03-31512 M4.781 B10.7%
2024-06-30479 M4.894 B9.8%
2024-09-30468 M5.023 B9.3%
2024-12-31562 M7 B8.0%

Click the link below to download a spreadsheet with an example Capital Expenditures calculation for ONEOK Inc below:

Sector Benchmark Analysis

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