Scan Results
Daily timeframeOkta, Inc. operates as an identity partner in the United States and internationally. With a market capitalization of $26.19B, it sits in large-cap territory. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of record.
Market Cap
$26.19B
Beta
0.77
P/E (TTM)
109.01
P/E (Fwd)
34.88
EPS (TTM)
$1.37
EPS (Fwd)
$4.28
ROE
3.7%
ROA
1.1%
Cash
$2.59B
Total Debt
$411.0M
Free CF
$977.8M
52W Change
56.5%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $2.59B in cash comfortably exceeding the $411.0M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $977.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 3.7%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.86B (2023) to $2.92B (2026), reflecting a 57% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. At over 50x earnings, OKTA carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Okta, Inc. and its sector.