Okta, Inc. (OKTA) Factsheet

Okta, Inc. (OKTA) Stock Analysis

Analysis from 10-Q filed 2026-08-27. Data as of Q3 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 2.9%. FCF margin 31.9%. D/E 0.0x. Source: 10-Q filed 2026-08-27.

Metric	Value	Context
ROIC	2.9%	Below expectations
FCF Margin	31.9%	Strong cash generation
Debt/Equity	0.0x	Conservative leverage

ROIC 2.9% — Bottom 50% of sector peers. FCF margin 31.9% — Top 10%.

Explore Okta, Inc.: Earnings History | Overview

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for OKTA: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: Okta, Inc. earns 2.9% ROIC, Bottom 50% in Technology

ROIC TTM 2.9%, sector median 3.7%, Bottom 50%. DuPont: NOPAT margin 6.9% × asset turnover 0.3x. Gross margin 78.1%. Operating margin 7.5%. Source: 10-Q filed 2026-08-27.

Metric	OKTA	Rating	Context
Return on Invested Capital (ROIC)	2.9%	Red flag	Below sector median of 3.7%
Return on Equity (ROE)	4.3%	Warning	Moderate equity returns
Gross Margin	78.1%	Excellent	Strong pricing power
Operating Margin	7.5%	Adequate	Moderate operational efficiency

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Cash Flow: Okta, Inc. generates $979.0M FCF at 31.9% margin, positive NaN/8 quarters

FCF TTM $979.0M. FCF margin 31.9%, Top 10%. OCF/Net income 3.3x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-08-27.

Metric	OKTA	Rating	Context
Free Cash Flow Margin	31.9%	Excellent	Excellent cash conversion
Free Cash Flow (TTM)	$979.0M	Good	Positive cash generation
OCF/Net Income	3.3x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: Okta, Inc. at 0.0x leverage, 77.3x interest coverage

Debt/Equity 0.0x. Interest coverage 77.3x. Source: 10-Q filed 2026-08-27.

Metric	OKTA	Rating	Context
Debt to Equity	0.0x	Excellent	Conservative capital structure
Interest Coverage	77.3x	Excellent	Comfortable debt service

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Valuation: Okta, Inc. trades at 101.1x earnings

P/E 101.1x. EV/Sales 9.0x. FCF yield 3.3%. Source: 10-Q filed 2026-08-27.

Metric	OKTA	Rating	Context
P/E Ratio	101.1x	Warning	Premium valuation
EV/Sales	9.0x	Adequate	Growth premium priced in
FCF Yield	3.3%	Adequate	Lower cash yield

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Capital Allocation: Okta, Inc. returns 0.0% shareholder yield, reducing shares 0.8% YoY

Total shareholder yield 0.0%. Share count -0.8% YoY. Capital returned $0 TTM. Source: 10-Q filed 2026-08-27.

Metric	OKTA	Rating	Context
Total Shareholder Yield	0.0%	Warning	Dividend + buyback yield combined
Share Count Change (YoY)	-0.8%	Adequate	Net share reduction (accretive)
Total Capital Returned (TTM)	$0	Adequate	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	2.9%	Bottom 50%	0.8x below
Free Cash Flow Margin	31.9%	Top 10%	3.2x above
Gross Margin	78.1%	Top 25%	1.5x above
Operating Margin	7.5%	Top 50%	1.7x above
Return on Equity (ROE)	4.3%	Bottom 50%	0.8x below
P/E Ratio	101.1x	N/A	-

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Financial Scorecard

Metric	OKTA	Rating	Sector Context
Return on Invested Capital (ROIC)	2.9%	Red flag	Bottom 50% of sector (median: 3.7%)
Free Cash Flow Margin	31.9%	Excellent	Top 10% of sector (median: 10.0%)
Gross Margin	78.1%	Excellent	Top 25% of sector (median: 50.6%)
Debt to Equity Ratio	0.0%	Excellent	Conservative capital structure
P/E Ratio (Price-to-Earnings)	101.1x	Warning	High expectations priced in
Free Cash Flow Yield	3.3%	Adequate	Moderate yield

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Frequently Asked Questions

Q: What is Okta, Inc.'s Return on Invested Capital (ROIC)?

Okta, Inc. (OKTA) has a trailing twelve-month Return on Invested Capital (ROIC) of 2.9%. The 8-quarter median ROIC is 2.1% with a improving trend. Sector median 3.7%. Source: 10-Q filed 2026-08-27.

Q: What is Okta, Inc.'s Free Cash Flow Margin?

Okta, Inc. (OKTA) has a free cash flow margin of 31.9%, generating $979.0 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-08-27.

Q: What is Okta, Inc.'s P/E ratio and how does it compare to peers?

Okta, Inc. (OKTA) trades at a P/E ratio of 101.1x, which is above the sector median of N/A. EV/Sales 9.0x. FCF yield 3.3%. Source: 10-Q filed 2026-08-27.

Q: What is Okta, Inc.'s revenue and earnings growth?

Okta, Inc. (OKTA) grew revenue by 11.2% year-over-year. EPS +78.8% YoY. Source: 10-Q filed 2026-08-27.

Q: How does Okta, Inc. compare to competitors in Technology?

Compared to other companies in Technology, Okta, Inc. (OKTA) shows: ROIC 2.9%, sector median 3.7% (Bottom 50%). FCF margin 31.9%, sector median 10.0% (Top 10%). Gross margin 78.1%, 27.5pp above sector median. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.

Q: What warning signs should I watch for with Okta, Inc.?

No quantitative warning flags fired for Okta, Inc. (OKTA) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-08-27.

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Data Source: Data sourced from 10-Q filed 2026-08-27. TTM metrics as of Q3 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.