Is OKTA or SPLK cheaper?

On trailing earnings, OKTA is cheaper: OKTA trades at a 102.48 P/E and SPLK at 104.60.

Which has grown faster, OKTA or SPLK?

Over the past five years, OKTA grew revenue faster — OKTA at a 27.10% CAGR versus SPLK at 18.52%.

Is OKTA or SPLK more profitable?

OKTA runs the higher net margin — OKTA at 8.24% versus SPLK at 6.26%.

Which has been the better investment, OKTA or SPLK?

Over the past 5-year, SPLK delivered the higher annualized total return — OKTA at -10.15% versus SPLK at 5.71%. Past performance doesn't predict future results.

Okta, Inc. (OKTA) vs Splunk Inc. (SPLK)

SPLK leads on 8 of 14 compared metrics, though OKTA is the cheaper stock.

A side-by-side comparison of Okta, Inc. and Splunk Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 6, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — OKTA vs SPLK

growth of $100 · last 7y

OKTA +350.4%SPLK +157.4%OKTA compounded faster

OKTA SPLK

OKTA vs SPLK: by the numbers

•SPLK is the larger company ($26.44B vs $24.69B market cap).
•OKTA trades at the lower earnings multiple (102.48 vs 104.60 P/E).
•OKTA converts more revenue to profit (8.24% vs 6.26% net margin).
•OKTA grew revenue faster over the past five years (27.10% vs 18.52% CAGR).

Which is better, OKTA or SPLK?

Metric tally: OKTA 6 · SPLK 8

It depends on what you're optimizing for:

ValueOKTA(lower P/E)

GrowthOKTA(faster 5Y revenue CAGR)

QualitySPLK(higher ROIC)

Metrics side by side

Valuation

Metric	OKTA	SPLK
P/E ratio	102.48●	104.60
Forward P/E	41.08	—
P/S ratio	8.39	6.29●
P/B ratio	3.64●	35.82
PEG ratio	0.09●	0.71
EV / EBITDA	94.94	72.35●
FCF yield	3.59%	3.71%●

Profitability

Metric	OKTA	SPLK
Gross margin	77.44%	79.74%●
Operating margin	5.67%	6.95%●
Net margin	8.24%●	6.26%
ROE	3.58%	35.61%●
ROIC	1.88%	7.66%●

Growth (annualized)

Metric	OKTA	SPLK
Revenue CAGR (5Y)	27.10%●	18.52%
FCF CAGR (5Y)	46.51%●	29.25%
Total return CAGR (5Y)	-10.15%	4.06%●

Frequently asked

Which is better, OKTA or SPLK?: It depends on your goal. value: OKTA (lower P/E); growth: OKTA (faster 5Y revenue CAGR); quality: SPLK (higher ROIC). Across all compared metrics, SPLK leads 8 to 6.
Is OKTA or SPLK cheaper?: On trailing earnings, OKTA is cheaper: OKTA trades at a 102.48 P/E and SPLK at 104.60.
Which has grown faster, OKTA or SPLK?: Over the past five years, OKTA grew revenue faster — OKTA at a 27.10% CAGR versus SPLK at 18.52%.
Is OKTA or SPLK more profitable?: OKTA runs the higher net margin — OKTA at 8.24% versus SPLK at 6.26%.
Which has been the better investment, OKTA or SPLK?: Over the past 5-year, SPLK delivered the higher annualized total return — OKTA at -10.15% versus SPLK at 5.71%. Past performance doesn't predict future results.

Go deeper

Full OKTA analysis Full SPLK analysis Interactive comparison tool

Dig into the metrics

Okta P/E ratio Splunk P/E ratio Okta dividend yield Splunk dividend yield Okta ROE Splunk ROE Okta operating margin Splunk operating margin Okta revenue growth Splunk revenue growth Okta free cash flow Splunk free cash flow

Okta & Splunk appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 6, 2026.