Okta Inc
NASDAQ:OKTA
ROE
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 Across Competitors
ROE Comparison
Okta Inc Competitors
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
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.
Based on Okta Inc's most recent financial statements, the company has ROE of -6.3%.