Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OktaLTS:0KB7 +2.50%67 Debt-to-Equity is 0.06 as of Apr. 2026, which is 86% below its 10-year median of 0.43. GuruFocus rates LTS:0KB7 with a GF Score™ of 67/100 and a GF Value™ of $103.64 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,249 Software companies, Okta ranks better than 74.48% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Okta's Debt-to-Equity or its related term are showing as below:
LTS:0KB7'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.43 Max: 2.85
Current: 0.06
During the past 12 years, the highest Debt-to-Equity Ratio of Okta was 2.85. The lowest was 0.06. And the median was 0.43.
LTS:0KB7's Debt-to-Equity is ranked better than 74.48% of 2249
companies
in the Software industry
Industry Median: 0.2
vs LTS:0KB7: 0.06
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Okta Debt-to-Equity Related Terms
Okta Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Okta's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0KB7 vs MDB, CPAY, ZS: Debt-to-Equity Comparison
For the Software - Infrastructure subindustry, Okta's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Okta Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Okta's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Okta's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Okta (LTS:0KB7) has a Debt-to-Equity of 0.06 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Okta and its competitors. This is 86% below median its historical median of 0.43. Over the past decade, Okta's Debt-to-Equity has ranged from 0.06 to 2.85. According to the industry distribution chart, Okta ranks #574 out of 2249 companies in the Software industry, placing it in the top 25.5%.
Is Okta's Debt-to-Equity too high?
Okta's current Debt-to-Equity of 0.06 is 86% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.85. The Software industry median Debt-to-Equity is 0.20. Okta's value of 0.06 is 70% below this industry median. Based on the distribution chart, Okta ranks #574 out of 2249 companies in the Software industry, which is above the industry midpoint. Overall, Okta has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's Debt-to-Equity compare to MDB and CPAY?
According to the Software industry distribution chart, Okta ranks #574 out of 2249 companies for Debt-to-Equity. This puts Okta in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Okta's value of 0.06 is 70% below this benchmark. Historically, Okta's own Debt-to-Equity has ranged from 0.06 to 2.85 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.20, Okta has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,249 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okta's current Debt-to-Equity of 0.06 is 70% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Okta and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okta's current Debt-to-Equity is 0.06, which is 86% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okta stock overvalued right now?
Based on GuruFocus' analysis, Okta (LTS:0KB7) is currently considered Significantly Overvalued. The stock's GF Value™ is $103.64, compared to a current price of $141.88 — trading 36.9% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 86% below median its 10-year median of 0.43 and 70% below the Software industry median of 0.20. Okta's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Okta (LTS:0KB7), the current Debt-to-Equity is 0.06 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Okta (LTS:0KB7) Overvalued in 2026?
Based on GuruFocus' analysis, Okta stock appears to be overvalued.
The current stock price of $141.88 is trading 36.9% above its estimated GF Value™ of $103.64.
GuruFocus considers Okta to be Significantly Overvalued.
Key valuation signals for LTS:0KB7:
Debt-to-Equity: 0.06 (86% below median its 10-year median of 0.43)
GF Value™: $103.64 vs. price of $141.88 (36.9% above fair value)
Industry Position: 70% below the Software median (#574 of 2249)
No single metric tells the full story. See the LTS:0KB7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.
67GF Score
Get the complete analysis for LTS:0KB7
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0KB7 has been successfully added to your 
