Okta reported second-quarter earnings, with sales up 11% to $805 million and operating margins expanding 770 basis points to 13%. The firm's forward-looking sales metric, remaining performance obligations, grew 17% to $4.9 billion.
Okta has strong secular tailwinds behind its back as the IAM market is expected to grow rapidly.
There are behemoths such as Microsoft, Oracle, and IBM that have products in the IAM space that provide competition to Okta.
|
Metric
|
OKTA
|
ORCL
|
MSFT
|
|---|---|---|---|
Price/Earnings (Normalized) | 57.77 | 17.09 | 30.54 |
Price/Book Value | 5.33 | 6.75 | 8.61 |
Price/Sales | 12.30 | 5.65 | 11.52 |
Price/Cash Flow | 35.02 | 13.29 | 20.35 |
|
Metric
|
OKTA
|
ORCL
|
MSFT
|
|---|---|---|---|
Quick Ratio | 1.37 | 1.02 | 0.93 |
Current Ratio | 1.53 | 1.17 | 1.23 |
Interest Coverage | 77.33 | 5.07 | 54.30 |
|
Metric
|
OKTA
|
ORCL
|
MSFT
|
|---|---|---|---|
Return on Assets (Normalized) | 7.25% | 9.91% | 20.85% |
Return on Equity (Normalized) | 9.86% | 63.39% | 35.98% |
Return on Invested Capital (Normalized) | 8.12% | 15.17% | 31.25% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
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|
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United States