DOCU vs. OKTA: DocuSign vs. Okta Stock Comparison
How do DocuSign (DOCU) 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
DocuSign (DOCU) and Okta (OKTA) both fall under the Software & Services industry group, but DOCU is classified in Software while OKTA is classified in IT Services.
| Profile Item | DOCU | OKTA |
|---|---|---|
| Name | DocuSign Inc. | 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 | 14.51 billion USD | 29.49 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 27, 2018 | April 7, 2017 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOCU | OKTA |
|---|---|---|
| Total Return (1Y) | 12.03% | 108.64% |
| Total Return (3Y, Annualized) | 24.94% | 38.93% |
| Total Return (5Y, Annualized) | -22.27% | -7.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOCU | OKTA |
|---|---|---|
| Volatility (1Y, Annualized) | 48.32% | 70.25% |
| Beta (5Y) | 0.79 | 0.76 |
| Max Drawdown (5Y) | -86.00% | -83.22% |
| Avg. Volume (3M) | 2.99M | 4.23M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOCU | OKTA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.16 | 1.49 |
| Sortino Ratio (1Y) | 0.23 | 2.65 |
Profitability
ROE (TTM)
Both DocuSign (DOCU) at 17.80% 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.
DOCU
Software & Services industry group
17.80%
- Max
- 53.85%
- Q3
- 17.90%
- DOCU
- 17.80%
- 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 DocuSign (DOCU) at 9.82% 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.
DOCU
Software & Services industry group
9.82%
- Max
- 41.17%
- Q3
- 15.28%
- DOCU
- 9.82%
- 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)
Both DocuSign (DOCU) at 13.43% and Okta (OKTA) at 13.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DOCU
Software & Services industry group
13.43%
- Max
- 46.89%
- Q3
- 17.64%
- DOCU
- 13.43%
- 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 | DOCU | OKTA |
|---|---|---|
| ROE (TTM) | 17.80% | 4.31% |
| ROA (TTM) | 6.35% | 1.58% |
| Net Margin (TTM) | 9.82% | 9.63% |
| Operating Margin (TTM) | 13.43% | 13.29% |
| Gross Margin (TTM) | 79.61% | 78.13% |
Growth
Revenue Growth
Both DocuSign (DOCU) at 8.16% and Okta (OKTA) at 11.84% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Okta (OKTA) at 2,083.33% delivers above-range EPS growth, while DocuSign (DOCU) at -70.87% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | DOCU | OKTA |
|---|---|---|
| Revenue Growth (YoY) | 8.16% | 11.84% |
| Revenue Growth (3Y CAGR) | 8.57% | 16.25% |
| EPS Growth (YoY) | -70.87% | 2,083.33% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Okta (OKTA) at 1.53 keeps current ratio within its industry’s typical mid-range, while DocuSign (DOCU) at 0.64 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DOCU.
DOCU
Software & Services industry group
0.64
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- DOCU
- 0.64
- 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)
Okta (OKTA) at 0.01 keeps leverage in the lower industry quartile, while DocuSign (DOCU) at 0.11 runs a more typical debt-to-equity mix.
DOCU
Software & Services industry group
0.11
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- DOCU
- 0.11
- Q1
- 0.07
- 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 | DOCU | OKTA |
|---|---|---|
| Current Ratio (MRQ) | 0.64 | 1.53 |
| Debt / Equity (MRQ) | 0.11 | 0.01 |
| Net Debt / EBITDA | -1.35 | -7.00 |
Dividends
Dividend Yield (TTM)
Neither DocuSign (DOCU) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DOCU
Software & Services industry group
0.00%
- DOCU
- 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 DocuSign (DOCU) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DOCU
Software & Services industry group
0.00%
- DOCU
- 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 | DOCU | OKTA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
DocuSign (DOCU) at 47.32 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.
DOCU
Software & Services industry group
47.32
- Max
- 112.94
- Q3
- 60.32
- DOCU
- 47.32
- 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)
DocuSign (DOCU) at 4.32 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.
DOCU
Software & Services industry group
4.32
- Max
- 17.91
- Q3
- 8.78
- DOCU
- 4.32
- 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 DocuSign (DOCU) at 8.50 and Okta (OKTA) at 4.23 are valued close to their industries’ norm against book — neither stands out from peers.
DOCU
Software & Services industry group
8.50
- Max
- 16.63
- DOCU
- 8.50
- Q3
- 8.50
- 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 | DOCU | OKTA |
|---|---|---|
| P/E Ratio (TTM) | 47.32 | 101.62 |
| P/S Ratio (TTM) | 4.32 | 9.60 |
| P/B Ratio (MRQ) | 8.50 | 4.23 |
| Free Cash Flow Yield (TTM) | 9.05% | 3.52% |