Last 41 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Okta, Inc.'s quarterly P/E stands at 43.8x, down 45.3% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 52.5% YoY to 39.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 88.50 | 43.84 | 60.34 | 95.34 | 66.08 | 80.11 | 181.19 | 191.81 | 156.57 | — | — | — | — |
| — | -45.3% | -66.7% | -50.3% | -57.8% | — | — | — | — | — | — | — | — | |
| P/S Ratio | 6.60 | 4.28 | 5.01 | 5.53 | 6.08 | 7.41 | 6.05 | 4.61 | 6.34 | 6.31 | 5.67 | 4.74 | 5.62 |
| — | -42.3% | -17.3% | +19.9% | -4.2% | +17.4% | +6.8% | -2.8% | +12.7% | +18.2% | -1.8% | +2.5% | -34.4% | |
| P/B Ratio | 2.97 | 1.90 | 2.18 | 2.38 | 2.62 | 3.10 | 2.58 | 1.96 | 2.67 | 2.62 | 2.33 | 1.93 | 2.22 |
| — | -38.9% | -15.5% | +21.6% | -1.9% | +18.7% | +10.7% | +1.3% | +20.5% | +30.9% | +8.1% | +17.4% | -22.0% | |
| P/FCF | 21.28 | 11.85 | 13.33 | 19.18 | 27.31 | 21.41 | 14.54 | 19.92 | 52.52 | 18.19 | 20.66 | 18.59 | 63.82 |
| — | -44.6% | -8.3% | -3.7% | -48.0% | +17.7% | -29.6% | +7.1% | -17.7% | -18.4% | -48.9% | -95.0% | — | |
| EV / EBITDA | 75.60 | 39.31 | 54.44 | 86.16 | 68.32 | 82.69 | 133.26 | — | 712.17 | — | — | — | — |
| — | -52.5% | -59.1% | — | -90.4% | — | — | — | — | — | — | — | — | |
| EV / EBIT | 123.03 | 56.86 | 74.04 | 79.40 | 65.30 | 75.50 | 133.26 | 124.23 | 328.70 | — | — | — | — |
| — | -24.7% | -44.4% | -36.1% | -80.1% | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Okta, Inc.'s operating margin was 7.3% in Q1 2027, up 0.8 pp QoQ and up 1.7 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 5.7% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.4% | 77.8% | 77.9% | 77.1% | 76.9% | 77.5% | 76.8% | 76.4% | 76.0% | 76.0% | 76.0% | 75.2% | 73.2% |
| — | +0.4% | +1.4% | +0.9% | +1.2% | +1.9% | +1.1% | +1.6% | +3.8% | +4.7% | +4.5% | +5.3% | +5.4% | |
| Operating Margin | 5.2% | 7.3% | 6.6% | 3.1% | 5.6% | 5.7% | 1.2% | -2.4% | -2.9% | -7.6% | -13.7% | -19.0% | -29.1% |
| — | +29.1% | +460.1% | +228.8% | +291.5% | +174.4% | +108.6% | +87.3% | +89.9% | +75.3% | +55.6% | +55.8% | +36.7% | |
| Net Margin | 8.1% | 9.7% | 8.3% | 5.8% | 9.2% | 9.0% | 3.4% | 2.4% | 4.5% | -6.5% | -7.3% | -13.9% | -20.0% |
| — | +7.3% | +145.5% | +140.9% | +105.0% | +239.0% | +146.4% | +117.3% | +122.5% | +71.8% | +75.7% | +68.1% | +57.0% |
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.5% | 1.1% | 0.9% | 0.6% | 1.0% | 1.0% | 0.4% | 0.3% | 0.5% | -0.7% | -0.8% | -1.4% | -2.0% |
| — | +11.4% | +149.8% | +144.2% | +109.6% | +241.5% | +147.9% | +118.1% | +124.2% | +68.8% | +73.1% | +63.0% | +48.3% | |
| ROA | 2.5% | 0.8% | 0.7% | 0.5% | 0.7% | 0.7% | 0.2% | 0.2% | 0.3% | -0.4% | -0.5% | -0.9% | -1.3% |
| — | +17.8% | +166.8% | +158.8% | +120.1% | +247.9% | +150.2% | +119.1% | +125.5% | +65.9% | +70.1% | +59.7% | +45.6% | |
| ROIC | 1.7% | 0.6% | 0.6% | 0.3% | 0.4% | 0.4% | 0.1% | -0.2% | -0.2% | -0.5% | -0.9% | -1.2% | -1.7% |
| — | +53.0% | +554.4% | +246.6% | +314.2% | +181.7% | +109.5% | +85.7% | +87.8% | +68.1% | +41.7% | +40.5% | +16.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Okta, Inc.'s Debt/EBITDA ratio is 5.1x, down from 6.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 5.0% YoY to 1.39x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.06 | 0.06 | 0.14 | 0.14 | 0.15 | 0.15 | 0.20 | 0.21 | 0.22 | 0.25 | 0.28 |
| — | -58.7% | -59.4% | -60.0% | -30.0% | -32.0% | -32.5% | -38.2% | -28.7% | -40.2% | -49.1% | -42.8% | -35.4% | |
| Debt / EBITDA | 1.69 | 5.07 | 6.21 | 9.00 | 14.46 | 15.03 | 29.75 | — | 203.33 | — | — | — | — |
| — | -66.2% | -79.1% | — | -92.9% | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.36 | 1.39 | 1.36 | 1.39 | 1.35 | 1.47 | 1.35 | 1.34 | 1.83 | 1.73 | 1.67 | 1.77 | 1.84 |
| — | -5.0% | +0.4% | +3.8% | -26.4% | -15.3% | -19.0% | -23.9% | -0.8% | -17.1% | -24.1% | -23.0% | -22.6% | |
| Quick Ratio | 1.36 | 1.39 | 1.36 | 1.39 | 1.35 | 1.47 | 1.35 | 1.34 | 1.83 | 1.73 | 1.67 | 1.77 | 1.84 |
| — | -5.0% | +0.4% | +3.8% | -26.4% | -15.3% | -19.0% | -23.9% | -0.8% | -17.1% | -24.1% | -23.0% | -22.6% | |
| Interest Coverage | 38.25 | 56.00 | 50.00 | 51.00 | 68.00 | 69.00 | 32.00 | 26.00 | 13.00 | -10.00 | -43.00 | -36.00 | -51.00 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 41 years · Updated daily
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Quick answers to the most common questions about buying OKTA stock.
Okta, Inc.'s current P/E is 88.5x. The average P/E over the last 4 quarters is 66.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Okta, Inc.'s current operating margin is 5.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Okta, Inc.'s business trajectory between earnings reports.