Okta Inc
NASDAQ:OKTA
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Okta Inc Competitors
| Country | US |
| Market Cap | 15.5B USD |
| ROIC |
-7%
|
| Country | CA |
| Market Cap | 90.8B USD |
| ROIC |
-1%
|
| Country | US |
| Market Cap | 50.9B USD |
| ROIC |
-28%
|
| Country | US |
| Market Cap | 29.3B USD |
| ROIC |
-20%
|
| Country | US |
| Market Cap | 26.6B USD |
| ROIC |
-32%
|
| Country | US |
| Market Cap | 18.5B USD |
| ROIC |
128%
|
| Country | US |
| Market Cap | 17.7B USD |
| ROIC |
33%
|
| Country | US |
| Market Cap | 15.4B USD |
| ROIC |
8%
|
| Country | US |
| Market Cap | 10.9B USD |
| ROIC |
-5%
|
| Country | US |
| Market Cap | 8.4B USD |
| ROIC |
3%
|
| Country | IL |
| Market Cap | 6.9B USD |
| ROIC |
1%
|
Profitability Report
View the profitability report to see the full profitability analysis for Okta Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Okta Inc's most recent financial statements, the company has ROIC of -7.2%.
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