Okta, Inc. (OKTA) on Decifer

Why it ranks here

• Sales are growing about 12% a year, faster than 49 in 100 companies we measure.
• It keeps about 30 cents of every sales dollar as cash, safer than 92 in 100 companies we measure.
• It earns about 2% a year on the money put into the business, better than 13 in 100 companies we measure.
• It costs about 136 times its yearly profit; the middle of its industry is 36. Cheaper than 7 in 100 companies we measure, against their own industries.

The current read

The evidence on OKTA lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Cybersecurity & Identity: Cloud adoption, remote work and escalating breach costs are structurally increasing the share of IT budgets dedicated to security and identity.

Read the full OKTA research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.