OKTA INC (OKTA) Fundamental Analysis & Valuation

NASDAQ:OKTA • US6792951054

72.52 USD
-1.45 (-1.96%)
At close: Mar 3, 2026
73.15 USD
+0.63 (+0.87%)
Pre-Market: 3/4/2026, 7:07:07 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This OKTA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, OKTA scores 5 out of 10 in our fundamental rating. OKTA was compared to 86 industry peers in the IT Services industry. OKTA has an average financial health and profitability rating. OKTA is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. OKTA Profitability Analysis

1.1 Basic Checks

  • OKTA had positive earnings in the past year.
  • OKTA had a positive operating cash flow in the past year.
  • OKTA had negative earnings in 4 of the past 5 years.
  • Each year in the past 5 years OKTA had a positive operating cash flow.
OKTA Yearly Net Income VS EBIT VS OCF VS FCFOKTA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • OKTA has a Return On Assets of 2.11%. This is comparable to the rest of the industry: OKTA outperforms 52.33% of its industry peers.
  • With a Return On Equity value of 2.83%, OKTA perfoms like the industry average, outperforming 56.98% of the companies in the same industry.
  • The Return On Invested Capital of OKTA (1.05%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA 2.11%
ROE 2.83%
ROIC 1.05%
ROA(3y)-4.14%
ROA(5y)-5.94%
ROE(3y)-6.83%
ROE(5y)-14.64%
ROIC(3y)N/A
ROIC(5y)N/A
OKTA Yearly ROA, ROE, ROICOKTA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 400 600 800 1K

1.3 Margins

  • With a decent Profit Margin value of 6.87%, OKTA is doing good in the industry, outperforming 63.95% of the companies in the same industry.
  • OKTA's Operating Margin of 4.30% is in line compared to the rest of the industry. OKTA outperforms 53.49% of its industry peers.
  • OKTA's Gross Margin of 77.08% is amongst the best of the industry. OKTA outperforms 96.51% of its industry peers.
  • In the last couple of years the Gross Margin of OKTA has remained more or less at the same level.
Industry RankSector Rank
OM 4.3%
PM (TTM) 6.87%
GM 77.08%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.95%
OKTA Yearly Profit, Operating, Gross MarginsOKTA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. OKTA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OKTA is destroying value.
  • The number of shares outstanding for OKTA has been increased compared to 1 year ago.
  • Compared to 5 years ago, OKTA has more shares outstanding
  • OKTA has a better debt/assets ratio than last year.
OKTA Yearly Shares OutstandingOKTA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
OKTA Yearly Total Debt VS Total AssetsOKTA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • OKTA has an Altman-Z score of 3.39. This indicates that OKTA is financially healthy and has little risk of bankruptcy at the moment.
  • OKTA has a better Altman-Z score (3.39) than 69.77% of its industry peers.
  • There is no outstanding debt for OKTA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.39
Altman-Z 3.39
ROIC/WACC0.12
WACC8.69%
OKTA Yearly LT Debt VS Equity VS FCFOKTA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.47 indicates that OKTA should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.47, OKTA is in line with its industry, outperforming 41.86% of the companies in the same industry.
  • A Quick Ratio of 1.47 indicates that OKTA should not have too much problems paying its short term obligations.
  • OKTA has a Quick ratio of 1.47. This is comparable to the rest of the industry: OKTA outperforms 43.02% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.47
OKTA Yearly Current Assets VS Current LiabilitesOKTA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. OKTA Growth Analysis

3.1 Past

  • OKTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.22%, which is quite impressive.
  • Looking at the last year, OKTA shows a quite strong growth in Revenue. The Revenue has grown by 12.12% in the last year.
  • Measured over the past years, OKTA shows a very strong growth in Revenue. The Revenue has been growing by 34.81% on average per year.
EPS 1Y (TTM)26.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.39%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y26.15%
Revenue growth 5Y34.81%
Sales Q2Q%11.58%

3.2 Future

  • OKTA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.86% yearly.
  • The Revenue is expected to grow by 9.89% on average over the next years. This is quite good.
EPS Next Y24.55%
EPS Next 2Y15.37%
EPS Next 3Y13.51%
EPS Next 5Y12.86%
Revenue Next Year11.97%
Revenue Next 2Y10.53%
Revenue Next 3Y10.16%
Revenue Next 5Y9.89%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
OKTA Yearly Revenue VS EstimatesOKTA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B 5B
OKTA Yearly EPS VS EstimatesOKTA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 0 2 4 6 8

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Find the best growth stocksShow best growing peers

4

4. OKTA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.52, the valuation of OKTA can be described as rather expensive.
  • OKTA's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, OKTA is valued at the same level.
  • With a Price/Forward Earnings ratio of 19.32, OKTA is valued on the expensive side.
  • OKTA's Price/Forward Earnings ratio is in line with the industry average.
  • OKTA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.52
Fwd PE 19.32
OKTA Price Earnings VS Forward Price EarningsOKTA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • OKTA's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of OKTA indicates a somewhat cheap valuation: OKTA is cheaper than 72.09% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 14.36
EV/EBITDA 40.93
OKTA Per share dataOKTA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as OKTA's earnings are expected to grow with 13.51% in the coming years.
PEG (NY)0.88
PEG (5Y)N/A
EPS Next 2Y15.37%
EPS Next 3Y13.51%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. OKTA Dividend Analysis

5.1 Amount

  • OKTA does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

OKTA Fundamentals: All Metrics, Ratios and Statistics

OKTA INC

NASDAQ:OKTA (3/3/2026, 8:00:02 PM)

Premarket: 73.15 +0.63 (+0.87%)

72.52

-1.45 (-1.96%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)12-02
Earnings (Next)03-04
Inst Owners91.53%
Inst Owner Change-0.07%
Ins Owners0.18%
Ins Owner Change37.8%
Market Cap12.85B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts77.25
Price Target113.89 (57.05%)
Short Float %4.38%
Short Ratio2.61
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.38%
Min EPS beat(2)6.36%
Max EPS beat(2)6.39%
EPS beat(4)4
Avg EPS beat(4)6.5%
Min EPS beat(4)3.91%
Max EPS beat(4)9.35%
EPS beat(8)8
Avg EPS beat(8)11.68%
EPS beat(12)12
Avg EPS beat(12)38.87%
EPS beat(16)16
Avg EPS beat(16)42.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.06%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)0.27%
Revenue beat(4)1
Avg Revenue beat(4)-0.27%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)0.27%
Revenue beat(8)5
Avg Revenue beat(8)0.07%
Revenue beat(12)8
Avg Revenue beat(12)0.49%
Revenue beat(16)12
Avg Revenue beat(16)1.2%
PT rev (1m)-0.59%
PT rev (3m)-6.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.83%
EPS NY rev (1m)0%
EPS NY rev (3m)2.35%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)1.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 21.52
Fwd PE 19.32
P/S 4.53
P/FCF 14.36
P/OCF 14.09
P/B 1.86
P/tB 9.89
EV/EBITDA 40.93
EPS(TTM)3.37
EY4.65%
EPS(NY)3.75
Fwd EY5.18%
FCF(TTM)5.05
FCFY6.96%
OCF(TTM)5.15
OCFY7.1%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)0.88
PEG (5Y)N/A
Graham Number54.31
Profitability
Industry RankSector Rank
ROA 2.11%
ROE 2.83%
ROCE 1.73%
ROIC 1.05%
ROICexc 1.62%
ROICexgc N/A
OM 4.3%
PM (TTM) 6.87%
GM 77.08%
FCFM 31.51%
ROA(3y)-4.14%
ROA(5y)-5.94%
ROE(3y)-6.83%
ROE(5y)-14.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.95%
F-Score8
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.39
Debt/EBITDA 0
Cap/Depr 17.71%
Cap/Sales 0.6%
Interest Coverage 250
Cash Conversion 418.35%
Profit Quality 458.97%
Current Ratio 1.47
Quick Ratio 1.47
Altman-Z 3.39
F-Score8
WACC8.69%
ROIC/WACC0.12
Cap/Depr(3y)23.82%
Cap/Depr(5y)26.85%
Cap/Sales(3y)1.02%
Cap/Sales(5y)1.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.39%
EPS Next Y24.55%
EPS Next 2Y15.37%
EPS Next 3Y13.51%
EPS Next 5Y12.86%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y26.15%
Revenue growth 5Y34.81%
Sales Q2Q%11.58%
Revenue Next Year11.97%
Revenue Next 2Y10.53%
Revenue Next 3Y10.16%
Revenue Next 5Y9.89%
EBIT growth 1Y189.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.61%
EBIT Next 3Y20.95%
EBIT Next 5Y10.38%
FCF growth 1Y126.65%
FCF growth 3Y102.97%
FCF growth 5Y92.38%
OCF growth 1Y120.16%
OCF growth 3Y93.14%
OCF growth 5Y68.27%

OKTA INC / OKTA FAQ

What is the fundamental rating for OKTA stock?

ChartMill assigns a fundamental rating of 5 / 10 to OKTA.


What is the valuation status of OKTA INC (OKTA) stock?

ChartMill assigns a valuation rating of 4 / 10 to OKTA INC (OKTA). This can be considered as Fairly Valued.


How profitable is OKTA INC (OKTA) stock?

OKTA INC (OKTA) has a profitability rating of 4 / 10.


Can you provide the financial health for OKTA stock?

The financial health rating of OKTA INC (OKTA) is 6 / 10.