CRCL vs. OKTA: Circle Internet vs. Okta Stock Comparison
How do Circle Internet (CRCL) and Okta (OKTA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Circle Internet (CRCL) and Okta (OKTA) both fall under the Software & Services industry group, but CRCL is classified in Software while OKTA is classified in IT Services.
Okta (OKTA) has been public since April 7, 2017, giving it a longer listed trading history, while Circle Internet (CRCL) listed on June 5, 2025 and still has a shorter public-market record.
| Profile Item | CRCL | OKTA |
|---|---|---|
| Name | Circle Internet Group, Inc. Class A | Okta Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 17.41 billion USD | 29.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 5, 2025 | April 7, 2017 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Total Return (1Y) | -33.88% | 108.64% |
| Total Return (3Y, Annualized) | -- | 38.93% |
| Total Return (5Y, Annualized) | -- | -7.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Volatility (1Y, Annualized) | 96.01% | 70.25% |
| Beta (5Y) | 0.84 | 0.76 |
| Max Drawdown (5Y) | -80.93% | -83.22% |
| Avg. Volume (3M) | 12.74M | 4.23M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.40 | 1.49 |
| Sortino Ratio (1Y) | -0.61 | 2.65 |
Profitability
ROE (TTM)
Both Circle Internet (CRCL) at 13.44% and Okta (OKTA) at 4.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CRCL
Software & Services industry group
13.44%
- Max
- 53.85%
- Q3
- 17.90%
- CRCL
- 13.44%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
OKTA
Software & Services industry group
4.31%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- OKTA
- 4.31%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Both Circle Internet (CRCL) at 15.28% and Okta (OKTA) at 9.63% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CRCL
Software & Services industry group
15.28%
- Max
- 41.17%
- CRCL
- 15.28%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
OKTA
Software & Services industry group
9.63%
- Max
- 41.17%
- Q3
- 15.28%
- OKTA
- 9.63%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Circle Internet (CRCL) at 24.09% operates in the top operating margin quartile, ahead of Okta (OKTA) at 13.29%, which runs around its industry’s norm.
CRCL
Software & Services industry group
24.09%
- Max
- 46.89%
- CRCL
- 24.09%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
OKTA
Software & Services industry group
13.29%
- Max
- 46.89%
- Q3
- 17.64%
- OKTA
- 13.29%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| ROE (TTM) | 13.44% | 4.31% |
| ROA (TTM) | 0.28% | 1.58% |
| Net Margin (TTM) | 15.28% | 9.63% |
| Operating Margin (TTM) | 24.09% | 13.29% |
| Gross Margin (TTM) | 26.58% | 78.13% |
Growth
Revenue Growth
Circle Internet (CRCL) at 63.86% clears its industry range for revenue growth, far stronger top-line momentum than Okta (OKTA) at 11.84%, which is closer to a typical peer reading.
EPS Growth
Okta (OKTA) at 2,083.33% sits above its peer range for EPS growth; Circle Internet (CRCL) at -640.54% sits below its range, putting their earnings trajectories at opposite ends.
Growth Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Revenue Growth (YoY) | 63.86% | 11.84% |
| Revenue Growth (3Y CAGR) | 52.66% | 16.25% |
| EPS Growth (YoY) | -640.54% | 2,083.33% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both Circle Internet (CRCL) at 1.04 and Okta (OKTA) at 1.53 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CRCL
Software & Services industry group
1.04
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- CRCL
- 1.04
- Q1
- 1.01
- Min
- 0.03
OKTA
Software & Services industry group
1.53
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- OKTA
- 1.53
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Circle Internet (CRCL) at 0.00 and Okta (OKTA) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
CRCL
Software & Services industry group
0.00
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- CRCL
- 0.00
- Min
- 0.00
OKTA
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- OKTA
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Current Ratio (MRQ) | 1.04 | 1.53 |
| Debt / Equity (MRQ) | 0.00 | 0.01 |
| Net Debt / EBITDA | -4.68 | -7.00 |
Dividends
Dividend Yield (TTM)
Neither Circle Internet (CRCL) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
OKTA
Software & Services industry group
0.00%
- OKTA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Circle Internet (CRCL) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
OKTA
Software & Services industry group
0.00%
- OKTA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Circle Internet (CRCL) at 40.89 is near its industry’s usual P/E ratio, while Okta (OKTA) at 101.62 sits in the richer quartile — OKTA needs stronger growth or earnings quality to justify the premium.
CRCL
Software & Services industry group
40.89
- Max
- 112.94
- Q3
- 60.32
- CRCL
- 40.89
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
OKTA
Software & Services industry group
101.62
- Max
- 112.94
- OKTA
- 101.62
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Circle Internet (CRCL) at 5.75 is priced about in line with its industry on P/S ratio, while Okta (OKTA) at 9.60 sits in the pricier quartile — OKTA costs more per dollar of sales.
CRCL
Software & Services industry group
5.75
- Max
- 17.91
- Q3
- 8.78
- CRCL
- 5.75
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
OKTA
Software & Services industry group
9.60
- Max
- 17.91
- OKTA
- 9.60
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
On P/B ratio, both Circle Internet (CRCL) at 4.50 and Okta (OKTA) at 4.23 are valued close to their industries’ norm against book — neither stands out from peers.
CRCL
Software & Services industry group
4.50
- Max
- 16.63
- Q3
- 8.50
- CRCL
- 4.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
OKTA
Software & Services industry group
4.23
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- OKTA
- 4.23
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CRCL | OKTA |
|---|---|---|
| P/E Ratio (TTM) | 40.89 | 101.62 |
| P/S Ratio (TTM) | 5.75 | 9.60 |
| P/B Ratio (MRQ) | 4.50 | 4.23 |
| Free Cash Flow Yield (TTM) | 1.43% | 3.52% |