OKTA INC (OKTA) Stock Fundamental Analysis

NASDAQ:OKTA • US6792951054

71.14 USD
+1.63 (+2.34%)
At close: Feb 24, 2026
71.09 USD
-0.05 (-0.07%)
After Hours: 2/24/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, OKTA scores 5 out of 10 in our fundamental rating. OKTA was compared to 87 industry peers in the IT Services industry. OKTA has an average financial health and profitability rating. OKTA has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year OKTA was profitable.
  • OKTA had a positive operating cash flow in the past year.
  • In the past 5 years OKTA reported 4 times negative net income.
  • In the past 5 years OKTA always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 2.11%, OKTA is in line with its industry, outperforming 52.87% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 2.83%, OKTA is in line with its industry, outperforming 57.47% of the companies in the same industry.
  • OKTA's Return On Invested Capital of 1.05% is in line compared to the rest of the industry. OKTA outperforms 50.57% of its industry peers.
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 66.67% 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 55.17% of its industry peers.
  • Looking at the Gross Margin, with a value of 77.08%, OKTA belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
  • 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. Health

2.1 Basic Checks

  • OKTA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, OKTA has more shares outstanding
  • OKTA has more shares outstanding than it did 5 years ago.
  • 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 3.32. This indicates that OKTA is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.32, OKTA is in the better half of the industry, outperforming 64.37% of the companies in the same industry.
  • OKTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.39
Altman-Z 3.32
ROIC/WACC0.12
WACC8.89%
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

  • OKTA has a Current Ratio of 1.47. This is a normal value and indicates that OKTA is financially healthy and should not expect problems in meeting its short term obligations.
  • OKTA's Current ratio of 1.47 is in line compared to the rest of the industry. OKTA outperforms 42.53% of its industry peers.
  • OKTA has a Quick Ratio of 1.47. This is a normal value and indicates that OKTA is financially healthy and should not expect problems in meeting its short term obligations.
  • OKTA has a Quick ratio (1.47) which is in line with 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. Growth

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.
  • OKTA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.12%.
  • 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

  • The Earnings Per Share is expected to grow by 12.86% on average over the next years. This is quite good.
  • Based on estimates for the next years, OKTA will show a quite strong growth in Revenue. The Revenue will grow by 9.89% on average per year.
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

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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. Valuation

4.1 Price/Earnings Ratio

  • OKTA is valuated rather expensively with a Price/Earnings ratio of 21.11.
  • OKTA's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of OKTA to the average of the S&P500 Index (26.98), we can say OKTA is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 18.95, which indicates a rather expensive current valuation of OKTA.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of OKTA is on the same level as its industry peers.
  • OKTA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.11
Fwd PE 18.95
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as OKTA.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of OKTA indicates a somewhat cheap valuation: OKTA is cheaper than 70.11% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 14.09
EV/EBITDA 39.8
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.
  • OKTA's earnings are expected to grow with 13.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
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. Dividend

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 INC

NASDAQ:OKTA (2/24/2026, 8:00:02 PM)

After market: 71.09 -0.05 (-0.07%)

71.14

+1.63 (+2.34%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)12-02
Earnings (Next)03-04
Inst Owners91.53%
Inst Owner Change-0.2%
Ins Owners0.18%
Ins Owner Change-0.98%
Market Cap12.61B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts77.25
Price Target114.76 (61.32%)
Short Float %4.51%
Short Ratio2.79
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)0.17%
PT rev (3m)-5.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.89%
EPS NY rev (1m)0%
EPS NY rev (3m)2.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 21.11
Fwd PE 18.95
P/S 4.44
P/FCF 14.09
P/OCF 13.82
P/B 1.83
P/tB 9.7
EV/EBITDA 39.8
EPS(TTM)3.37
EY4.74%
EPS(NY)3.75
Fwd EY5.28%
FCF(TTM)5.05
FCFY7.1%
OCF(TTM)5.15
OCFY7.23%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)0.86
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 3.32
F-Score8
WACC8.89%
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.