Okta (OKTA) EV to FCF (2019 - 2026)
Okta's EV to FCF came in at 21.88 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 36.3% from 16.06 a year earlier and up 104.3% from the prior quarter.
Powered by 
Analysis
Okta (OKTA) EV to FCF (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Okta reported EV to FCF of 14.11, up 95.6% year-over-year; for FY2026 (ended Jan 31, 2026), it was 13.46, down 23.6% from FY2025.
- EV to FCF has declined in each of the last four fiscal years.
- Going back by fiscal year, EV to FCF was 17.63 in FY2025 (-19.3%), 21.84 in FY2024 (-81.5%), 118.33 in FY2023 (-60.3%) and 297.88 in FY2022 (+17.1%).
- The fiscal Q2 2027 figure represents the highest quarterly EV to FCF since fiscal Q2 2024.
- Year-over-year, EV to FCF increased in 1 of the last eight quarters, with an average decline of 14.0%.
- The fastest year-over-year change in EV to FCF over five years came in fiscal Q3 2023 (growth of 191.7%), and the weakest in fiscal Q3 2024 (a decline of 97.5%).
- Business Quant data shows OKTA's EV to FCF at 10.71 (Q1 2027), 13.46 (Q4 2026) and 14.43 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 21.88 |
| Apr 30, 2026 | 10.71 |
| Jan 31, 2026 | 13.46 |
| Oct 31, 2025 | 14.43 |
| Jul 31, 2025 | 16.06 |
| Apr 30, 2025 | 20.97 |
| Jan 31, 2025 | 17.63 |
| Oct 31, 2024 | 15.15 |
| Jul 31, 2024 | 20.70 |
| Apr 30, 2024 | 21.32 |
| Jan 31, 2024 | 21.84 |
| Oct 31, 2023 | 20.99 |
| Jul 31, 2023 | 38.09 |
| Apr 30, 2023 | 43.68 |
| Jan 31, 2023 | 118.33 |
| Oct 31, 2022 | 845.48 |
| Jul 31, 2022 | 360.71 |
| Apr 30, 2022 | 297.01 |
| Jan 31, 2022 | 297.88 |
| Oct 31, 2021 | 289.85 |
API Access
Okta EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "OKTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();