Okta (OKTA) Return on Invested Capital [ROIC] (2019 - 2026)
Okta (OKTA) recorded Return on Invested Capital [ROIC] of 2.98% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 2.12 percentage points from 0.86% a year earlier and up 0.86 percentage points from the prior quarter.
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Analysis
Okta (OKTA) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Okta reported Return on Invested Capital [ROIC] of 1.93%, up 2.63 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has increased for four straight fiscal years, with a four-year change of +22.25 percentage points (FY2022 to FY2026).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at -0.70% in FY2025 (+8.39 pp), -9.09% in FY2024 (+5.15 pp), -14.24% in FY2023 (+6.08 pp) and -20.32% in FY2022.
- The fiscal Q2 2027 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for three consecutive quarters.
- Per Business Quant, the preceding three fiscal quarters came in at 2.12% (Q1 2027), 1.88% (Q4 2026) and 1.35% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.01 Bn | 241.08 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 231.46 Bn | 211.86 Bn | 1.10 Bn | -2.11% |
| 3 | Fortinet | 123.83 Bn | 109.76 Bn | 1.64 Bn | 111.71% |
| 4 | Snowflake | 107.27 Bn | 94.59 Bn | 1.04 Bn | - |
| 5 | Datadog | 88.05 Bn | 69.69 Bn | 881.34 Mn | - |
| 6 | Zscaler | 33.23 Bn | 19.35 Bn | - | - |
| 7 | Okta | 32.56 Bn | 22.66 Bn | 641.00 Mn | 2.98% |
| 8 | Axon Enterprise | 31.41 Bn | 25.93 Bn | 546.45 Mn | 0.45% |
| 9 | MongoDB | 27.26 Bn | 17.73 Bn | 569.77 Mn | - |
| 10 | F5 | 25.06 Bn | 19.47 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.98% |
| Apr 30, 2026 | 2.12% |
| Jan 31, 2026 | 1.88% |
| Oct 31, 2025 | 1.35% |
| Jul 31, 2025 | 0.86% |
| Apr 30, 2025 | 0.16% |
| Jan 31, 2025 | -0.66% |
| Jan 31, 2023 | -14.93% |
| Oct 31, 2022 | -16.01% |
| Jul 31, 2022 | -15.76% |
| Jan 31, 2022 | -12.84% |
| Oct 31, 2021 | -9.98% |
| Jul 31, 2021 | -13.45% |
| Apr 30, 2021 | -21.04% |
| Oct 31, 2020 | -26.90% |
| Jul 31, 2020 | -30.23% |
| Apr 30, 2020 | -36.37% |
| Jan 31, 2020 | -36.78% |
| Oct 31, 2019 | -32.77% |
| Jul 31, 2019 | -28.72% |
API Access
Okta Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();