GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (FRA:0OK) » Definitions » Growth Rank

Okta (FRA:0OK) Growth Rank : 9 (As of Jun. 08, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Okta Growth Rank?

Okta has the Growth Rank of 9.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Okta's Growth Rank

For the Software - Infrastructure subindustry, Okta's Growth Rank, along with its competitors' market caps and Growth Rank 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's Growth Rank Distribution in the Software Industry

For the Software industry and Technology sector, Okta's Growth Rank distribution charts can be found below:

* The bar in red indicates where Okta's Growth Rank falls into.



Okta Growth Rank Related Terms

Thank you for viewing the detailed overview of Okta's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Okta (FRA:0OK) Business Description

Traded in Other Exchanges
Address
100 First Street, Suite 600, San Francisco, CA, USA, 94105
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

Okta (FRA:0OK) Headlines

No Headlines