Okta
OKTA
#1309
Rank
$11.69 B
Marketcap
$72.01
Share price
-2.47%
Change (1 day)
-24.20%
Change (1 year)

Operating Margin for Okta (OKTA)

Operating Margin as of June 2023 (TTM): -42.56%

According to Okta's latest financial reports and stock price the company's current Operating Margin is -42.56%. At the end of 2022 the company had an Operating Margin of -65.35%.

Operating Margin history for Okta from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-65.35%105.1%
2021-31.86%-11.22%
2020-35.89%14.16%
2019-31.44%-28.73%
2018-44.11%-14.88%
2017-51.82%-41.43%
2016-88.48%-38.48%
2015-143.82%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-16.19%-61.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.63%-84.42%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.