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Okta, Inc. OKTA Interest coverage

Interest coverage at other companies

International Business Machines logo
International Business MachinesIBM
6.4×+2.0×
Oracle logo
OracleORCL
4.7×-0.2×
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EquifaxEFX
5.3×+0.6×

Other financials

Income statement

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Revenue$765.0M+11.2%
Gross profit$595.0M+11.6%
Operating income$56.0M+43.6%
Net income$74.0M+19.4%
EPS (diluted)$0.42+20.0%

Balance sheet

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Cash & equivalents$768.0M+53.6%
Total debt$411.0M-31.3%
Total equity$6.9B+5.1%
Total assets$9.3B-0.2%

Cash flow

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Operating cash flow$277.0M+14.9%
CapEx$1.0M0.0%
Free cash flow$276.0M+15.0%

Valuation

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Market cap$20.48B-26.1%
Enterprise value$20.12B-28.5%
P/E82.9×-130×
P/S6.8×-3.5×

Profitability

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Gross margin77.4%+0.7pp
Operating margin5.5%
Net margin8.2%+3.4pp

Returns & leverage

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Return on equity3.7%+1.6pp
Debt / equity0.1×0.0×
Current ratio1.4×0.0×

Where this comes from

Calculated from Okta, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Okta, Inc.’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Okta, Inc.'s interest coverage?
Okta, Inc. (OKTA) reported interest coverage of 41.5× in Q1 2026.
How has Okta, Inc.'s interest coverage changed year-over-year?
Okta, Inc.'s interest coverage increased by 361.1% year-over-year, from 9× to 41.5×.
What is the long-term trend for Okta, Inc.'s interest coverage?
Over 4 years (2022 to 2026), Okta, Inc.'s interest coverage has grown at a 45.9% compound annual growth rate (CAGR), from -23× to 104×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.