Okta
OKTA
$72.01
Share price
-2.47%
Change (1 day)
-24.20%
Change (1 year)
Categories
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 |
|---|---|---|---|
 RigNet RNET | -16.19% | -61.96% | 🇺🇸 USA |
 LiveRamp RAMP | -6.63% | -84.42% | 🇺🇸 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.