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OKTA vs. PANW: Okta vs. Palo Alto Networks Stock Comparison

How do Okta (OKTA) and Palo Alto Networks (PANW) 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

Okta (OKTA) and Palo Alto Networks (PANW) both fall under the Software & Services industry group, but OKTA is classified in IT Services while PANW is classified in Software.

Company profile comparison for Okta (OKTA) and Palo Alto Networks (PANW)
Profile ItemOKTAPANW
NameOkta Inc.Palo Alto Networks, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustryIT ServicesSoftware
GICS Sub-IndustryInternet Services & InfrastructureSystems Software
Market Capitalization25.62 billion USD313.18 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateApril 7, 2017July 20, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

OKTA
PANW
GSPC
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Okta (OKTA) vs. Palo Alto Networks (PANW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Okta (OKTA) and Palo Alto Networks (PANW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Okta (OKTA) and Palo Alto Networks (PANW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Total Return (1Y)66.38%121.42%
Total Return (3Y, Annualized)26.83%51.89%
Total Return (5Y, Annualized)-8.97%43.87%

Risk Profile

Drawdown History

OKTA
PANW
GSPC
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Okta (OKTA) vs. Palo Alto Networks (PANW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Okta (OKTA) and Palo Alto Networks (PANW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Volatility (1Y, Annualized)57.20%41.44%
Beta (5Y)0.770.92
Max Drawdown (5Y)-83.43%-36.01%
Avg. Volume (3M)3.63M7.69M

Risk-Adjusted Performance

Risk-Return Positioning

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OKTA and PANW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Sharpe Ratio (1Y)1.092.83
Sortino Ratio (1Y)1.904.50

Profitability

ROE (TTM)

Both Okta (OKTA) at 3.67% and Palo Alto Networks (PANW) at 4.83% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

OKTA

Software & Services industry group

3.67%

Max
62.27%
Q3
16.91%
Median
5.27%
OKTA
3.67%
Q1
-13.73%
Min
-54.87%

PANW

Software & Services industry group

4.83%

Max
62.27%
Q3
16.91%
Median
5.27%
PANW
4.83%
Q1
-13.73%
Min
-54.87%
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both Okta (OKTA) at 8.24% and Palo Alto Networks (PANW) at 7.95% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

OKTA

Software & Services industry group

8.24%

Max
41.99%
Q3
15.18%
OKTA
8.24%
Median
3.79%
Q1
-5.84%
Min
-30.39%

PANW

Software & Services industry group

7.95%

Max
41.99%
Q3
15.18%
PANW
7.95%
Median
3.79%
Q1
-5.84%
Min
-30.39%
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Palo Alto Networks (PANW) reports a negative operating margin of -2.47%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Okta (OKTA) reports 7.32%, ranking against industry peers normally.

OKTA

Software & Services industry group

7.32%

Max
47.12%
Q3
15.23%
OKTA
7.32%
Median
4.59%
Q1
-6.33%
Min
-32.77%

PANW

Software & Services industry group

-2.47%

Max
47.12%
Q3
15.23%
Median
4.59%
PANW
-2.47%
Q1
-6.33%
Min
-32.77%
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
ROE (TTM)3.67%4.83%
ROA (TTM)1.14%1.77%
Net Margin (TTM)8.24%7.95%
Operating Margin (TTM)7.32%-2.47%
Gross Margin (TTM)77.44%71.96%

Growth

Revenue Growth

Both Okta (OKTA) at 11.84% and Palo Alto Networks (PANW) at 14.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Okta (OKTA) at 2,083.33% delivers above-range EPS growth, while Palo Alto Networks (PANW) at -56.04% falls into the bottom quartile — a wide split in earnings momentum.

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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Revenue Growth (YoY)11.84%14.87%
Revenue Growth (3Y CAGR)16.25%18.79%
EPS Growth (YoY)2,083.33%-56.04%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Okta (OKTA) at 1.43 keeps current ratio within its industry’s typical mid-range, while Palo Alto Networks (PANW) at 0.86 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PANW.

OKTA

Software & Services industry group

1.43

Max
5.39
Q3
2.79
Median
1.63
OKTA
1.43
Q1
1.03
Min
0.03

PANW

Software & Services industry group

0.86

Max
5.39
Q3
2.79
Median
1.63
Q1
1.03
PANW
0.86
Min
0.03
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Okta (OKTA) at 0.06 keeps leverage in the lower industry quartile, while Palo Alto Networks (PANW) at 0.08 runs a more typical debt-to-equity mix.

OKTA

Software & Services industry group

0.06

Max
2.42
Q3
1.07
Median
0.33
Q1
0.06
OKTA
0.06
Min
0.00

PANW

Software & Services industry group

0.08

Max
2.42
Q3
1.07
Median
0.33
PANW
0.08
Q1
0.06
Min
0.00
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Current Ratio (MRQ)1.430.86
Debt / Equity (MRQ)0.060.08
Net Debt / EBITDA-8.16-0.66

Dividends

Dividend Yield (TTM)

Neither Okta (OKTA) nor Palo Alto Networks (PANW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Okta (OKTA) nor Palo Alto Networks (PANW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: Okta (OKTA) at 106.06 sits in the richer P/E ratio quartile, and Palo Alto Networks (PANW) at 334.15 is richer still, above its industry range.

OKTA

Software & Services industry group

106.06

Max
107.17
OKTA
106.06
Q3
61.33
Median
34.31
Q1
16.59
Min
0.39

PANW

Software & Services industry group

334.15

PANW
334.15
Max
107.17
Q3
61.33
Median
34.31
Q1
16.59
Min
0.39
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Okta (OKTA) at 8.63 prices around its industry’s typical P/S ratio, while Palo Alto Networks (PANW) at 29.53 clears its benchmark range — PANW looks notably rich on sales.

OKTA

Software & Services industry group

8.63

Max
21.27
Q3
10.17
OKTA
8.63
Median
4.61
Q1
2.41
Min
0.02

PANW

Software & Services industry group

29.53

PANW
29.53
Max
21.27
Q3
10.17
Median
4.61
Q1
2.41
Min
0.02
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Okta (OKTA) at 3.75 is valued about in line with its industry on P/B ratio, while Palo Alto Networks (PANW) at 11.29 carries an above-peer premium to book — PANW is pricier on assets.

OKTA

Software & Services industry group

3.75

Max
21.34
Q3
9.85
Median
4.58
OKTA
3.75
Q1
2.15
Min
-8.85

PANW

Software & Services industry group

11.29

Max
21.34
PANW
11.29
Q3
9.85
Median
4.58
Q1
2.15
Min
-8.85
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Okta (OKTA) vs. Palo Alto Networks (PANW): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Okta (OKTA) and Palo Alto Networks (PANW)
MetricOKTAPANW
P/E Ratio (TTM)106.06334.15
P/S Ratio (TTM)8.6329.53
P/B Ratio (MRQ)3.7511.29
Free Cash Flow Yield (TTM)3.82%1.14%