Okta
OKTA
#1165
Rank
$15.72 B
Marketcap
$93.48
Share price
0.40%
Change (1 day)
30.91%
Change (1 year)

Operating Margin for Okta (OKTA)

Operating Margin as of July 2024 (TTM): -10.03%

According to Okta's latest financial reports and stock price the company's current Operating Margin is -10.03%. At the end of 2024 the company had an Operating Margin of -14.89%.

Operating Margin history for Okta from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-14.89%-65.46%
2023-43.11%-34.07%
2022-65.38%105.25%
2021-31.86%-11.24%
2020-35.89%14.16%
2019-31.44%-26.79%
2018-42.94%-7.47%
2017-46.41%-47.54%
2016-88.48%-38.48%
2015-143.82%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-19.92% 98.60%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.19% 61.43%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.