Which has the lower trailing P/E, OKTA or TOST?

TOST has the lower trailing P/E: OKTA trades at 97.93 and TOST at 46.97. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, OKTA or TOST?

Over the past five years, TOST grew revenue faster — OKTA at a 27.10% CAGR versus TOST at 41.80%.

Is OKTA or TOST more profitable?

OKTA runs the higher net margin — OKTA at 8.24% versus TOST at 7.14%.

Okta, Inc. (OKTA) vs Toast, Inc. (TOST)

A side-by-side comparison of Okta, Inc. and Toast, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

OKTA

Okta, Inc.

$22.45B

$135.14TechnologyAt close: Aug 21, 2026, 4:00 PM ET

TOST

Toast, Inc.

$21.25B

$36.64TechnologyAt close: Aug 21, 2026, 4:00 PM ET

Total return — OKTA vs TOST

growth of $100 · dividends reinvested · last 5y

OKTA -47.5% (-12.1%/yr)TOST -41.4% (-10.1%/yr)TOST compounded faster over this window

OKTA TOST

OKTA vs TOST: by the numbers

•OKTA is the larger company ($22.45B vs $21.25B market cap).
•TOST trades at the lower trailing earnings multiple (46.97 vs 97.93 P/E), one valuation lens rather than an overall verdict.
•OKTA converts more revenue to profit (8.24% vs 7.14% net margin).
•TOST grew revenue faster over the past five years (41.80% vs 27.10% CAGR).

Metrics side by side

Valuation

Metric	OKTA	TOST
P/E ratio	97.93	46.97
Forward P/E	39.26	26.46
P/S ratio	8.02	3.18
P/B ratio	3.48	10.57
EV / EBITDA	90.66	42.31
FCF yield	3.75%	2.66%

Profitability

Metric	OKTA	TOST
Gross margin	77.44%	26.68%
Operating margin	5.67%	6.39%
Net margin	8.24%	7.14%
ROE	3.58%	23.77%
ROIC	2.15%	20.94%

Growth (annualized)

Metric	OKTA	TOST
Revenue CAGR (5Y)	27.10%	41.80%
FCF CAGR (5Y)	46.51%	119.83%
Total return CAGR (5Y)	-10.16%	N/A

Frequently asked

Which has the lower trailing P/E, OKTA or TOST?: TOST has the lower trailing P/E: OKTA trades at 97.93 and TOST at 46.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OKTA or TOST?: Over the past five years, TOST grew revenue faster — OKTA at a 27.10% CAGR versus TOST at 41.80%.
Is OKTA or TOST more profitable?: OKTA runs the higher net margin — OKTA at 8.24% versus TOST at 7.14%.

Go deeper

Full OKTA analysis Full TOST analysis Interactive comparison tool

Dig into the metrics

Okta P/E ratio Toast P/E ratio Okta ROE Toast ROE Okta operating margin Toast operating margin Okta revenue growth Toast revenue growth Okta free cash flow Toast free cash flow

Okta & Toast appear in these rankings

Fastest Revenue Growth Stocks Highest ROIC 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 August 23, 2026.