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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
Watchlist
Price: 93.78 USD 0.91% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

-6.3%
Current
-22%
Average
3.7%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-6.3%
=
Net Income
-355m
/
Equity
5.7B

ROE Across Competitors

ROE Comparison
Okta Inc Competitors

Country Company Market Cap ROE
US
Okta Inc
NASDAQ:OKTA
15.7B USD
-6%
CA
Shopify Inc
NYSE:SHOP
91.6B USD
2%
US
Snowflake Inc.
NYSE:SNOW
53.1B USD
-16%
US
Cloudflare Inc
NYSE:NET
29.9B USD
-27%
US
MongoDB Inc
NASDAQ:MDB
27.8B USD
-20%
US
Verisign Inc
NASDAQ:VRSN
18.2B USD
-52%
US
GoDaddy Inc
NYSE:GDDY
17.9B USD
-1 020%
US
Akamai Technologies Inc
NASDAQ:AKAM
15.5B USD
12%
US
Twilio Inc
NYSE:TWLO
11.1B USD
-10%
US
Switch Inc
NYSE:SWCH
8.4B USD
70%
IL
Wix.Com Ltd
NASDAQ:WIX
7B USD
-21%
Country US
Market Cap 15.7B USD
ROE
-6%
Country CA
Market Cap 91.6B USD
ROE
2%
Country US
Market Cap 53.1B USD
ROE
-16%
Country US
Market Cap 29.9B USD
ROE
-27%
Country US
Market Cap 27.8B USD
ROE
-20%
Country US
Market Cap 18.2B USD
ROE
-52%
Country US
Market Cap 17.9B USD
ROE
-1 020%
Country US
Market Cap 15.5B USD
ROE
12%
Country US
Market Cap 11.1B USD
ROE
-10%
Country US
Market Cap 8.4B USD
ROE
70%
Country IL
Market Cap 7B USD
ROE
-21%

Profitability Report

View the profitability report to see the full profitability analysis for Okta Inc.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-6.3%
=
Net Income
-355m
/
Equity
5.7B
What is the ROE of Okta Inc?

Based on Okta Inc's most recent financial statements, the company has ROE of -6.3%.