OKTA vs. SAP: Okta vs. SAP Stock Comparison
How do Okta (OKTA) and SAP (SAP) 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 SAP (SAP) both fall under the Software & Services industry group, but OKTA is classified in IT Services while SAP is classified in Software.
Okta (OKTA) trades as ordinary local shares, while SAP (SAP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | OKTA | SAP |
|---|---|---|
| Name | Okta Inc. | SAP SE Sponsored ADR |
| Country/Region | United States | Germany |
| 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 | 25.62 billion USD | 240.04 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 7, 2017 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Total Return (1Y) | 66.38% | -24.14% |
| Total Return (3Y, Annualized) | 26.83% | 15.87% |
| Total Return (5Y, Annualized) | -8.97% | 8.81% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 57.20% | 38.27% |
| Beta (5Y) | 0.77 | 1.15 |
| Max Drawdown (5Y) | -83.43% | -52.26% |
| Avg. Volume (3M) | 3.63M | 3.09M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.09 | -0.73 |
| Sortino Ratio (1Y) | 1.90 | -0.99 |
Profitability
ROE (TTM)
SAP (SAP) at 18.32% sits in the top ROE quartile, while Okta (OKTA) at 3.67% is closer to the peer norm — stronger capital efficiency for SAP.
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%
SAP
Software & Services industry group
18.32%
- Max
- 62.27%
- SAP
- 18.32%
- Q3
- 16.91%
- Median
- 5.27%
- Q1
- -13.73%
- Min
- -54.87%
Net Margin (TTM)
SAP (SAP) at 20.41% retains a top-quartile share of revenue as profit, ahead of Okta (OKTA) at 8.24%, which keeps about the industry-typical share.
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%
SAP
Software & Services industry group
20.41%
- Max
- 41.99%
- SAP
- 20.41%
- Q3
- 15.18%
- Median
- 3.79%
- Q1
- -5.84%
- Min
- -30.39%
Operating Margin (TTM)
SAP (SAP) at 27.62% operates in the top operating margin quartile, ahead of Okta (OKTA) at 7.32%, which runs around its industry’s norm.
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%
SAP
Software & Services industry group
27.62%
- Max
- 47.12%
- SAP
- 27.62%
- Q3
- 15.23%
- Median
- 4.59%
- Q1
- -6.33%
- Min
- -32.77%
Profitability Metrics
| Metric | OKTA | SAP |
|---|---|---|
| ROE (TTM) | 3.67% | 18.32% |
| ROA (TTM) | 1.14% | 9.54% |
| Net Margin (TTM) | 8.24% | 20.41% |
| Operating Margin (TTM) | 7.32% | 27.62% |
| Gross Margin (TTM) | 77.44% | 73.66% |
Growth
Revenue Growth
Both Okta (OKTA) at 11.84% and SAP (SAP) at 7.68% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both companies show strong earnings momentum, but Okta (OKTA) at 2,083.33% is the standout with EPS growth above its industry range; SAP (SAP) at 130.19% also sits in the top quartile.
Growth Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Revenue Growth (YoY) | 11.84% | 7.68% |
| Revenue Growth (3Y CAGR) | 16.25% | 7.63% |
| EPS Growth (YoY) | 2,083.33% | 130.19% |
| EPS Growth (3Y CAGR) | -- | 46.25% |
Financial Strength
Current Ratio (MRQ)
Both Okta (OKTA) at 1.43 and SAP (SAP) at 1.15 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
SAP
Software & Services industry group
1.15
- Max
- 5.39
- Q3
- 2.79
- Median
- 1.63
- SAP
- 1.15
- Q1
- 1.03
- Min
- 0.03
Debt / Equity (MRQ)
Okta (OKTA) at 0.06 keeps leverage in the lower industry quartile, while SAP (SAP) at 0.22 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
SAP
Software & Services industry group
0.22
- Max
- 2.42
- Q3
- 1.07
- Median
- 0.33
- SAP
- 0.22
- Q1
- 0.06
- Min
- 0.00
Financial Strength Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 1.15 |
| Debt / Equity (MRQ) | 0.06 | 0.22 |
| Net Debt / EBITDA | -8.16 | -0.14 |
Dividends
Dividend Yield (TTM)
Okta (OKTA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a yield of 1.19%, ranking against industry peers normally.
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%
SAP
Software & Services industry group
1.19%
- SAP
- 1.19%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Okta (OKTA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a payout of 37.53%, ranking against industry peers normally.
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%
SAP
Software & Services industry group
37.53%
- SAP
- 37.53%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKTA | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.19% |
| Dividend Payout Ratio (TTM) | 0.00% | 37.53% |
Valuation
P/E Ratio (TTM)
SAP (SAP) at 27.19 is near its industry’s usual P/E ratio, while Okta (OKTA) at 106.06 sits in the richer quartile — OKTA needs stronger growth or earnings quality to justify the premium.
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
SAP
Software & Services industry group
27.19
- Max
- 107.17
- Q3
- 61.33
- Median
- 34.31
- SAP
- 27.19
- Q1
- 16.59
- Min
- 0.39
P/S Ratio (TTM)
On P/S ratio, both Okta (OKTA) at 8.63 and SAP (SAP) at 6.29 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
SAP
Software & Services industry group
6.29
- Max
- 21.27
- Q3
- 10.17
- SAP
- 6.29
- Median
- 4.61
- Q1
- 2.41
- Min
- 0.02
P/B Ratio (MRQ)
Okta (OKTA) at 3.75 sits near its industry’s typical P/B ratio, while SAP (SAP) at 65.46 prices above its benchmark range — SAP looks rich relative to book.
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
SAP
Software & Services industry group
65.46
- SAP
- 65.46
- Max
- 21.34
- Q3
- 9.85
- Median
- 4.58
- Q1
- 2.15
- Min
- -8.85
Valuation Metrics
| Metric | OKTA | SAP |
|---|---|---|
| P/E Ratio (TTM) | 106.06 | 27.19 |
| P/S Ratio (TTM) | 8.63 | 6.29 |
| P/B Ratio (MRQ) | 3.75 | 65.46 |
| Free Cash Flow Yield (TTM) | 3.82% | 3.79% |