Okta
OKTA
#1124
Rank
$15.68 B
Marketcap
$93.71
Share price
-0.10%
Change (1 day)
20.43%
Change (1 year)

Operating Margin for Okta (OKTA)

Operating Margin as of April 2024 (TTM): -33.89%

According to Okta's latest financial reports and stock price the company's current Operating Margin is -33.89%. At the end of 2023 the company had an Operating Margin of -43.11%.

Operating Margin history for Okta from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-43.11%-34.03%
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%-52.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.92%-41.22%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.