Okta, Inc. logo
Okta, Inc. (OKTA)
Compare

Okta, Inc. (OKTA) EV/EBITDA Ratio: 66.35x

Is Okta, Inc.’s EV/EBITDA ratio high or low?

Okta, Inc.'s EV/EBITDA ratio of 66.35x is 36% below its 5-year average of 103.36x, near the low end of its 5-year range (33.29x–318.93x).

The EV/EBITDA ratio for Okta, Inc. (OKTA) is 66.35x as of Wednesday, June 10, 2026. It is above its 12-month average by 17.66% (56.39x).

OKTA EV/EBITDA Ratio Chart

OKTA EV/EBITDA Ratio
66.35x-20.08% 1Y
Zoom

OKTA Average EV/EBITDA Ratio Chart

OKTA Current vs Average EV/EBITDA Ratio Chart

OKTA EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

66.35x

EV/EBITDA RATIO AVG TTM

56.39x

EV/EBITDA RATIO AVG 3Y

103.36x

EV/EBITDA RATIO AVG 5Y

103.36x

EV/EBITDA RATIO AVG 10Y

103.36x

EV/EBITDA RATIO AVG 15Y

103.36x

EV/EBITDA RATIO AVG 20Y

103.36x

CURRENT VS TTM AVG

+17.66%

CURRENT VS 3Y AVG

-35.81%

CURRENT VS 5Y AVG

-35.81%

CURRENT VS 10Y AVG

-35.81%

CURRENT VS 15Y AVG

-35.81%

CURRENT VS 20Y AVG

-35.81%

OKTA Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Okta, Inc. (OKTA)66.35x56.39x103.36x103.36x
Akamai Technologies, Inc. (AKAM)$20.04B22.70x14.18x14.82x14.69x
Zscaler, Inc. (ZS)$20.35B305.56x326.05x3957.42x7155.70x
Fidelity National Information Services, Inc. (FIS)$20.66B6.07x11.82x15.13x15.41x
HP Inc. (HPQ)$22.81B7.40x7.26x8.15x7.27x
PTC Inc. (PTC)$15.82B13.28x22.48x29.70x29.41x
Cognizant Technology Solutions Corporation (CTSH)$25.09B6.20x8.57x9.81x10.32x
Atlassian Corporation (TEAM)$25.11B2222.37x16084.06x7770.86x5749.28x
VeriSign, Inc. (VRSN)$25.83B23.13x22.47x20.80x22.83x
Splunk Inc. (SPLK)$26.44B61.01x148.46x148.46x148.46x

EV/EBITDA vs. its own history

At 66.3, EV/EBITDA is in its normal range — richer than 51% of its 2-year range.

2-year low

33.3

median

61.4

2-year high

318.9

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

Okta, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Okta, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Okta, Inc. (OKTA)?
The EV/EBITDA ratio for OKTA stock is 66.35x.
Is Okta, Inc.'s EV/EBITDA ratio high or low?
Okta, Inc.'s EV/EBITDA ratio of 66.35x is 36% below its 5-year average of 103.36x, near the low end of its 5-year range (33.29x–318.93x).
What is the TTM average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The TTM average EV/EBITDA ratio for OKTA stock is 56.39x.
What is the 3Y average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The 3Y average EV/EBITDA ratio for OKTA stock is 103.36x.
What is the 5Y average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The 5Y average EV/EBITDA ratio for OKTA stock is 103.36x.
What is the 10Y average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The 10Y average EV/EBITDA ratio for OKTA stock is 103.36x.
What is the 15Y average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The 15Y average EV/EBITDA ratio for OKTA stock is 103.36x.
What is the 20Y average EV/EBITDA ratio for Okta, Inc. (OKTA)?
The 20Y average EV/EBITDA ratio for OKTA stock is 103.36x.

Okta, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-0966.35x
2026-06-0864.60x
2026-06-0565.65x
2026-06-0468.33x
2026-06-0368.98x
2026-06-0274.98x
2026-06-0177.50x
2026-05-2968.21x
2026-05-2852.15x
2026-05-2747.91x
2026-05-2650.28x
2026-05-2249.42x
2026-05-2147.88x
2026-05-2047.66x
2026-05-1945.82x
2026-05-1846.56x
2026-05-1544.21x
2026-05-1443.26x
2026-05-1341.69x
2026-05-1242.17x
2026-05-1143.61x
2026-05-0844.83x
2026-05-0743.17x
2026-05-0641.27x
2026-05-0541.45x
2026-05-0441.16x
2026-05-0140.36x
2026-04-3039.19x
2026-04-2940.57x
2026-04-2840.59x
2026-04-2740.56x
2026-04-2440.47x
2026-04-2340.50x
2026-04-2241.97x
2026-04-2141.38x
2026-04-2040.35x
2026-04-1738.42x
2026-04-1638.29x
2026-04-1535.72x
2026-04-1433.93x
2026-04-1334.68x
2026-04-1033.29x
2026-04-0935.95x
2026-04-0840.50x
2026-04-0742.32x
2026-04-0642.99x
2026-04-0242.79x
2026-04-0142.22x
2026-03-3141.97x
2026-03-3040.19x
2026-03-2738.96x
2026-03-2642.34x
2026-03-2541.65x
2026-03-2440.90x
2026-03-2343.29x
2026-03-2041.81x
2026-03-1943.10x
2026-03-1841.82x
2026-03-1741.87x
2026-03-1641.12x
2026-03-1342.22x
2026-03-1242.11x
2026-03-1143.15x
2026-03-1042.47x
2026-03-0942.52x
2026-03-0643.08x
2026-03-0542.49x
2026-03-0440.02x
2026-03-0340.47x
2026-03-0241.29x
2026-02-2740.46x
2026-02-2642.02x
2026-02-2540.75x
2026-02-2439.68x
2026-02-2338.76x
2026-02-2041.47x
2026-02-1945.74x
2026-02-1846.38x
2026-02-1746.11x
2026-02-1348.83x
2026-02-1247.50x
2026-02-1149.36x
2026-02-1049.51x
2026-02-0949.36x
2026-02-0648.54x
2026-02-0545.93x
2026-02-0446.65x
2026-02-0346.02x
2026-02-0249.33x
2026-01-3047.26x
2026-01-2947.94x
2026-01-2850.81x
2026-01-2751.22x
2026-01-2651.12x
2026-01-2350.82x
2026-01-2251.22x
2026-01-2149.79x
2026-01-2049.09x
2026-01-1650.13x
2026-01-1551.49x
2026-01-1452.29x
2026-01-1352.70x
2026-01-1252.42x
2026-01-0951.66x
2026-01-0852.62x
2026-01-0752.57x
2026-01-0650.59x
2026-01-0549.09x
2026-01-0246.78x
2025-12-3148.39x
2025-12-3048.93x
2025-12-2949.30x
2025-12-2649.60x
2025-12-2449.48x
2025-12-2349.86x
2025-12-2250.92x
2025-12-1950.51x
2025-12-1850.52x
2025-12-1749.49x
2025-12-1650.73x
2025-12-1549.37x
2025-12-1250.49x
2025-12-1150.73x
2025-12-1050.30x
2025-12-0949.14x
2025-12-0848.85x
2025-12-0548.06x
2025-12-0448.06x
2025-12-0348.31x
2025-12-0245.78x
2025-12-0152.16x
2025-11-2851.96x
2025-11-2652.11x
2025-11-2552.50x
2025-11-2451.20x
2025-11-2150.90x
2025-11-2050.67x
2025-11-1951.81x
2025-11-1852.41x
2025-11-1752.44x
2025-11-1454.29x
2025-11-1354.17x
2025-11-1254.77x
2025-11-1155.34x
2025-11-1055.44x
2025-11-0755.10x
2025-11-0655.53x
2025-11-0556.34x
2025-11-0456.24x
2025-11-0358.88x
2025-10-3159.17x
2025-10-3056.84x
2025-10-2956.67x
2025-10-2857.74x
2025-10-2758.19x
2025-10-2457.59x
2025-10-2357.25x
2025-10-2256.28x
2025-10-2157.83x
2025-10-2057.11x
2025-10-1756.53x
2025-10-1656.71x
2025-10-1557.13x
2025-10-1457.60x
2025-10-1358.28x
2025-10-1057.77x
2025-10-0960.53x
2025-10-0859.88x
2025-10-0758.76x
2025-10-0660.58x
2025-10-0360.31x
2025-10-0261.36x
2025-10-0159.28x
2025-09-3059.28x
2025-09-2960.67x
2025-09-2658.94x
2025-09-2558.95x
2025-09-2458.10x
2025-09-2359.61x
2025-09-2259.72x
2025-09-1960.36x
2025-09-1860.51x
2025-09-1758.19x
2025-09-1658.14x
2025-09-1558.77x
2025-09-1258.41x
2025-09-1159.45x
2025-09-1058.32x
2025-09-0960.67x
2025-09-0859.91x
2025-09-0559.14x
2025-09-0458.02x
2025-09-0358.07x
2025-09-0257.87x
2025-08-2959.97x
2025-08-2859.86x
2025-08-2760.14x
2025-08-2659.19x
2025-08-2575.14x
2025-08-2275.70x
2025-08-2173.88x
2025-08-2074.88x
2025-08-1974.98x
2025-08-1875.16x
2025-08-1575.67x
2025-08-1472.94x
2025-08-1374.84x
2025-08-1273.52x
2025-08-1172.86x
2025-08-0875.30x
2025-08-0776.92x
2025-08-0680.26x
2025-08-0578.84x
2025-08-0480.24x
2025-08-0178.16x
2025-07-3180.30x
2025-07-3081.88x
2025-07-2981.25x
2025-07-2880.33x
2025-07-2582.94x
2025-07-2480.37x
2025-07-2378.56x
2025-07-2278.58x
2025-07-2178.75x
2025-07-1878.40x
2025-07-1775.74x
2025-07-1674.91x
2025-07-1574.94x
2025-07-1475.63x
2025-07-1175.31x
2025-07-1077.59x
2025-07-0981.38x
2025-07-0880.09x
2025-07-0779.98x
2025-07-0381.35x
2025-07-0280.57x
2025-07-0180.90x
2025-06-3082.04x
2025-06-2780.81x
2025-06-2680.57x
2025-06-2580.63x
2025-06-2480.89x
2025-06-2380.99x
2025-06-2081.60x
2025-06-1881.26x
2025-06-1781.00x
2025-06-1681.49x
2025-06-1380.05x
2025-06-1282.21x
2025-06-1182.42x
2025-06-1082.69x
2025-06-0983.02x
2025-06-0686.13x
2025-06-0585.41x
2025-06-0486.55x
2025-06-0384.93x
2025-06-0285.85x
2025-05-3084.60x
2025-05-2987.37x
2025-05-2886.25x

Showing the most recent 260 of 379 data points. The chart above shows the full history.

About Okta, Inc.

Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services. These include a Universal Directory, a cloud-based system designed to securely store and manage user, application, and device profiles; Single Sign-On (SSO), enabling seamless access to cloud-based or on-premises applications from multiple devices; and Adaptive Multi-Factor Authentication, which adds an extra layer of security for various applications and data. Further components encompass Lifecycle Management for overseeing a user's digital identity journey, API Access Management for securing interfaces, an Access Gateway to extend cloud capabilities to on-premises applications, and Advanced Server Access for safeguarding cloud infrastructure. Additionally, Okta incorporates Auth0's product portfolio. This includes Universal Login for consistent user authentication experiences across different apps and devices; Attack Protection, a suite of features to counter malicious online activity; Adaptive Multi-Factor Authentication, providing strong security with minimal user inconvenience; and Passwordless authentication, allowing users to log in through diverse methods without traditional passwords. Other Auth0 offerings are Machine to Machine (M2M) authentication and authorization built on industry standards; Private Cloud, for deploying dedicated Auth0 instances; and Organizations, providing independent configurations, login flows, and security settings for different groups. Okta further provides comprehensive customer assistance, educational programs, and specialized professional services. The company distributes its offerings directly via its sales teams and through a network of channel partners. Originally established as Saasure, Inc. in 2009, Okta, Inc. maintains its corporate headquarters in San Francisco, California.

San Francisco, CA
5,914 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Todd McKinnon