Okta, Inc. (OKTA) vs Zoom Communications, Inc. (ZM)
A side-by-side comparison of Okta, Inc. and Zoom Communications, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.
OKTA
Okta, Inc.
$172.91TechnologyDelayed quote: Aug 27, 2026, 4:00 PM EDT
ZM
Zoom Communications, Inc.
$100.27TechnologyDelayed quote: Aug 27, 2026, 4:00 PM EDT
Total return — OKTA vs ZM
growth of $100 · dividends reinvested · last 7yOKTA +46.2% (+5.6%/yr)ZM +51.3% (+6.1%/yr)ZM compounded faster over this window
OKTA ZM
OKTA vs ZM: by the numbers
- •ZM is the larger company ($29.40B vs $28.72B market cap).
- •ZM trades at the lower trailing earnings multiple (9.30 vs 80.98 P/E), one valuation lens rather than an overall verdict.
- •ZM converts more revenue to profit (65.19% vs 9.63% net margin).
- •OKTA grew revenue faster over the past five years (24.72% vs 6.54% CAGR).
Metrics side by side
Valuation
| Metric | OKTA | ZM |
|---|---|---|
| P/E ratio | 80.98 | 9.30 |
| Forward P/E | 39.05 | 16.80 |
| P/S ratio | 7.82 | 6.03 |
| P/B ratio | 3.45 | 2.66 |
| EV / EBITDA | 74.05 | 21.60 |
| FCF yield | 4.04% | 6.40% |
Profitability
| Metric | OKTA | ZM |
|---|---|---|
| Gross margin | 78.13% | 77.30% |
| Operating margin | 7.68% | 23.73% |
| Net margin | 9.63% | 65.19% |
| ROE | 4.24% | 28.80% |
| ROIC | 3.03% | 8.04% |
Growth (annualized)
| Metric | OKTA | ZM |
|---|---|---|
| Revenue CAGR (5Y) | 24.72% | 6.54% |
| EPS CAGR (5Y) | N/A | 21.68% |
| FCF CAGR (5Y) | 51.23% | 2.88% |
| Total return CAGR (5Y) | -12.51% | -21.71% |
Frequently asked
- Which has the lower trailing P/E, OKTA or ZM?
- ZM has the lower trailing P/E: OKTA trades at 80.98 and ZM at 9.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, OKTA or ZM?
- Over the past five years, OKTA grew revenue faster — OKTA at a 24.72% CAGR versus ZM at 6.54%.
- Is OKTA or ZM more profitable?
- ZM runs the higher net margin — OKTA at 9.63% versus ZM at 65.19%.
- How have OKTA and ZM total returns compared?
- Over the past 5 years, OKTA delivered -12.51% and ZM delivered -21.71% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Okta P/E ratioZoom Communications P/E ratioOkta ROEZoom Communications ROEOkta operating marginZoom Communications operating marginOkta revenue growthZoom Communications revenue growthOkta free cash flowZoom Communications free cash flow
Okta & Zoom Communications appear in these rankings
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 27, 2026.