OKTA vs. PLTR: Okta vs. Palantir Stock Comparison
How do Okta (OKTA) and Palantir (PLTR) 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 Palantir (PLTR) both fall under the Software & Services industry group, but OKTA is classified in IT Services while PLTR is classified in Software.
| Profile Item | OKTA | PLTR |
|---|---|---|
| Name | Okta Inc. Class A Common Stock | Palantir Technologies 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 | IT Services | Software |
| GICS Sub-Industry | Internet Services & Infrastructure | Application Software |
| Market Capitalization | 36.97 billion USD | 453.58 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 7, 2017 | September 30, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Total Return (1Y) | 122.81% | 0.91% |
| Total Return (3Y, Annualized) | 37.86% | 128.22% |
| Total Return (5Y, Annualized) | -2.34% | 50.64% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Volatility (1Y, Annualized) | 66.13% | 60.67% |
| Beta (5Y) | 0.74 | 1.64 |
| Max Drawdown (5Y) | -83.22% | -77.57% |
| Avg. Volume (3M) | 3.47M | 34.97M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.79 | -0.06 |
| Sortino Ratio (1Y) | 3.46 | -0.09 |
Profitability
ROE (TTM)
Palantir (PLTR) at 38.10% sits in the top ROE quartile, while Okta (OKTA) at 4.31% is closer to the peer norm — stronger capital efficiency for PLTR.
OKTA
Software & Services industry group
4.31%
- Max
- 62.27%
- Q3
- 17.80%
- Median
- 5.22%
- OKTA
- 4.31%
- Q1
- -14.31%
- Min
- -59.77%
PLTR
Software & Services industry group
38.10%
- Max
- 62.27%
- PLTR
- 38.10%
- Q3
- 17.80%
- Median
- 5.22%
- Q1
- -14.31%
- Min
- -59.77%
Net Margin (TTM)
Palantir (PLTR) at 49.01% converts revenue to bottom-line profit above its industry’s benchmark range, while Okta (OKTA) at 9.63% keeps roughly the typical share for its industry.
OKTA
Software & Services industry group
9.63%
- Max
- 41.43%
- Q3
- 14.59%
- OKTA
- 9.63%
- Median
- 3.69%
- Q1
- -6.16%
- Min
- -35.38%
PLTR
Software & Services industry group
49.01%
- PLTR
- 49.01%
- Max
- 41.43%
- Q3
- 14.59%
- Median
- 3.69%
- Q1
- -6.16%
- Min
- -35.38%
Operating Margin (TTM)
Palantir (PLTR) at 47.12% operates in the top operating margin quartile, ahead of Okta (OKTA) at 13.29%, which runs around its industry’s norm.
OKTA
Software & Services industry group
13.29%
- Max
- 47.12%
- Q3
- 15.20%
- OKTA
- 13.29%
- Median
- 4.73%
- Q1
- -7.53%
- Min
- -39.13%
PLTR
Software & Services industry group
47.12%
- PLTR
- 47.12%
- Max
- 47.12%
- Q3
- 15.20%
- Median
- 4.73%
- Q1
- -7.53%
- Min
- -39.13%
Profitability Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| ROE (TTM) | 4.31% | 38.10% |
| ROA (TTM) | 1.58% | 17.29% |
| Net Margin (TTM) | 9.63% | 49.01% |
| Operating Margin (TTM) | 13.29% | 47.12% |
| Gross Margin (TTM) | 78.13% | 84.80% |
Growth
Revenue Growth
Palantir (PLTR) at 56.18% 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
Both Okta (OKTA) at 2,083.33% and Palantir (PLTR) at 231.06% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Revenue Growth (YoY) | 11.84% | 56.18% |
| Revenue Growth (3Y CAGR) | 16.25% | 32.92% |
| EPS Growth (YoY) | 2,083.33% | 231.06% |
| 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 Palantir (PLTR) at 7.23 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
OKTA
Software & Services industry group
1.53
- Max
- 5.11
- Q3
- 2.75
- Median
- 1.64
- OKTA
- 1.53
- Q1
- 1.03
- Min
- 0.03
PLTR
Software & Services industry group
7.23
- PLTR
- 7.23
- Max
- 5.11
- Q3
- 2.75
- Median
- 1.64
- Q1
- 1.03
- Min
- 0.03
Debt / Equity (MRQ)
Both Okta (OKTA) at 0.01 and Palantir (PLTR) at 0.02 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
OKTA
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.10
- Median
- 0.36
- Q1
- 0.06
- OKTA
- 0.01
- Min
- 0.00
PLTR
Software & Services industry group
0.02
- Max
- 2.52
- Q3
- 1.10
- Median
- 0.36
- Q1
- 0.06
- PLTR
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Current Ratio (MRQ) | 1.53 | 7.23 |
| Debt / Equity (MRQ) | 0.01 | 0.02 |
| Net Debt / EBITDA | -7.00 | -3.45 |
Dividends
Dividend Yield (TTM)
Neither Okta (OKTA) nor Palantir (PLTR) 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%
PLTR
Software & Services industry group
0.00%
- PLTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Okta (OKTA) nor Palantir (PLTR) 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%
PLTR
Software & Services industry group
0.00%
- PLTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Okta (OKTA) at 126.64 and Palantir (PLTR) at 161.32 trade above their industries’ P/E ratio peer ranges, pointing to unusually expensive trailing earnings relative to peers.
OKTA
Software & Services industry group
126.64
- OKTA
- 126.64
- Max
- 118.64
- Q3
- 59.01
- Median
- 30.61
- Q1
- 16.60
- Min
- 0.34
PLTR
Software & Services industry group
161.32
- PLTR
- 161.32
- Max
- 118.64
- Q3
- 59.01
- Median
- 30.61
- Q1
- 16.60
- Min
- 0.34
P/S Ratio (TTM)
Both look expensive on sales: Okta (OKTA) at 12.03 sits in the upper P/S ratio quartile, and Palantir (PLTR) at 73.68 prices even higher, above its industry range.
OKTA
Software & Services industry group
12.03
- Max
- 19.63
- OKTA
- 12.03
- Q3
- 9.47
- Median
- 4.34
- Q1
- 2.29
- Min
- 0.02
PLTR
Software & Services industry group
73.68
- PLTR
- 73.68
- Max
- 19.63
- Q3
- 9.47
- Median
- 4.34
- Q1
- 2.29
- Min
- 0.02
P/B Ratio (MRQ)
Okta (OKTA) at 5.30 sits near its industry’s typical P/B ratio, while Palantir (PLTR) at 46.40 prices above its benchmark range — PLTR looks rich relative to book.
OKTA
Software & Services industry group
5.30
- Max
- 19.52
- Q3
- 9.07
- OKTA
- 5.30
- Median
- 4.28
- Q1
- 2.04
- Min
- -3.49
PLTR
Software & Services industry group
46.40
- PLTR
- 46.40
- Max
- 19.52
- Q3
- 9.07
- Median
- 4.28
- Q1
- 2.04
- Min
- -3.49
Valuation Metrics
| Metric | OKTA | PLTR |
|---|---|---|
| P/E Ratio (TTM) | 126.64 | 161.32 |
| P/S Ratio (TTM) | 12.03 | 73.68 |
| P/B Ratio (MRQ) | 5.30 | 46.40 |
| Free Cash Flow Yield (TTM) | 2.81% | 0.48% |