OKTA vs. SNOW: Okta vs. Snowflake Stock Comparison
How do Okta (OKTA) and Snowflake (SNOW) 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 Snowflake (SNOW) are both classified in the Internet Services & Infrastructure sub-industry within the broader IT Services industry, placing them in the closest GICS peer bucket.
| Profile Item | OKTA | SNOW |
|---|---|---|
| Name | Okta Inc. Class A Common Stock | Snowflake Inc. 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 | IT Services |
| GICS Sub-Industry | Internet Services & Infrastructure | Internet Services & Infrastructure |
| Market Capitalization | 29.49 billion USD | 97.33 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 7, 2017 | September 16, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Total Return (1Y) | 108.64% | 10.92% |
| Total Return (3Y, Annualized) | 38.93% | 23.09% |
| Total Return (5Y, Annualized) | -7.90% | -5.00% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Volatility (1Y, Annualized) | 70.25% | 67.14% |
| Beta (5Y) | 0.76 | 1.33 |
| Max Drawdown (5Y) | -83.22% | -72.99% |
| Avg. Volume (3M) | 4.23M | 4.67M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.49 | 0.10 |
| Sortino Ratio (1Y) | 2.65 | 0.17 |
Profitability
ROE (TTM)
Snowflake (SNOW) reports a negative ROE of -48.06%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Okta (OKTA) reports 4.31%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-48.06%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- SNOW
- -48.06%
- Min
- -50.52%
Net Margin (TTM)
Snowflake (SNOW) reports a negative net margin of -20.07%, usually indicating a net loss over the period. Meanwhile Okta (OKTA) reports 9.63%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-20.07%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- SNOW
- -20.07%
- Min
- -33.17%
Operating Margin (TTM)
Snowflake (SNOW) reports a negative operating margin of -17.00%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Okta (OKTA) reports 13.29%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-17.00%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- SNOW
- -17.00%
- Min
- -30.45%
Profitability Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| ROE (TTM) | 4.31% | -48.06% |
| ROA (TTM) | 1.58% | -9.02% |
| Net Margin (TTM) | 9.63% | -20.07% |
| Operating Margin (TTM) | 13.29% | -17.00% |
| Gross Margin (TTM) | 78.13% | 67.03% |
Growth
Revenue Growth
Snowflake (SNOW) at 29.16% sits in the top revenue growth quartile, while Okta (OKTA) at 11.84% is closer to the peer norm — faster top-line expansion for SNOW.
EPS Growth
Only one side can be read here: Okta (OKTA) reports EPS growth of 2,083.33%, ranked against its industry; Snowflake (SNOW) has no EPS growth figure this period.
Growth Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Revenue Growth (YoY) | 11.84% | 29.16% |
| Revenue Growth (3Y CAGR) | 16.25% | 31.38% |
| EPS Growth (YoY) | 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 Snowflake (SNOW) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SNOW.
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
SNOW
Software & Services industry group
0.94
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- SNOW
- 0.94
- Min
- 0.03
Debt / Equity (MRQ)
Okta (OKTA) at 0.01 keeps leverage in the lower quartile, while Snowflake (SNOW) at 1.29 sits in the higher-leverage quartile.
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
SNOW
Software & Services industry group
1.29
- Max
- 2.52
- SNOW
- 1.29
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Current Ratio (MRQ) | 1.53 | 0.94 |
| Debt / Equity (MRQ) | 0.01 | 1.29 |
| Net Debt / EBITDA | -7.00 | -- |
Dividends
Dividend Yield (TTM)
Neither Okta (OKTA) nor Snowflake (SNOW) 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%
SNOW
Software & Services industry group
0.00%
- SNOW
- 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 Snowflake (SNOW) 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%
SNOW
Software & Services industry group
0.00%
- SNOW
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Okta (OKTA) trades at 101.62 times trailing earnings, ranked against its peers, while Snowflake (SNOW) has no P/E ratio this period.
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
SNOW
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- SNOW
- --
P/S Ratio (TTM)
Both Okta (OKTA) at 9.60 and Snowflake (SNOW) at 17.91 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
SNOW
Software & Services industry group
17.91
- SNOW
- 17.91
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Okta (OKTA) at 4.23 sits near its industry’s typical P/B ratio, while Snowflake (SNOW) at 45.23 prices above its benchmark range — SNOW looks rich relative to book.
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
SNOW
Software & Services industry group
45.23
- SNOW
- 45.23
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | OKTA | SNOW |
|---|---|---|
| P/E Ratio (TTM) | 101.62 | -- |
| P/S Ratio (TTM) | 9.60 | 17.91 |
| P/B Ratio (MRQ) | 4.23 | 45.23 |
| Free Cash Flow Yield (TTM) | 3.52% | 1.79% |