OKTA vs. WDAY: Okta vs. Workday Stock Comparison
How do Okta (OKTA) and Workday (WDAY) 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 Workday (WDAY) both fall under the Software & Services industry group, but OKTA is classified in IT Services while WDAY is classified in Software.
| Profile Item | OKTA | WDAY |
|---|---|---|
| Name | Okta Inc. Class A Common Stock | Workday 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 | 29.49 billion USD | 46.49 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 7, 2017 | October 12, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Total Return (1Y) | 108.64% | -14.74% |
| Total Return (3Y, Annualized) | 38.93% | -5.22% |
| Total Return (5Y, Annualized) | -7.90% | -8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Volatility (1Y, Annualized) | 70.25% | 54.35% |
| Beta (5Y) | 0.76 | 1.01 |
| Max Drawdown (5Y) | -83.22% | -63.38% |
| Avg. Volume (3M) | 4.23M | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Sharpe Ratio (1Y) | 1.49 | -0.35 |
| Sortino Ratio (1Y) | 2.65 | -0.54 |
Profitability
ROE (TTM)
Both Okta (OKTA) at 4.31% and Workday (WDAY) at 16.01% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
WDAY
Software & Services industry group
16.01%
- Max
- 53.85%
- Q3
- 17.90%
- WDAY
- 16.01%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Both Okta (OKTA) at 9.63% and Workday (WDAY) at 12.32% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
WDAY
Software & Services industry group
12.32%
- Max
- 41.17%
- Q3
- 15.28%
- WDAY
- 12.32%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Okta (OKTA) at 13.29% and Workday (WDAY) at 11.82% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
WDAY
Software & Services industry group
11.82%
- Max
- 46.89%
- Q3
- 17.64%
- WDAY
- 11.82%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| ROE (TTM) | 4.31% | 16.01% |
| ROA (TTM) | 1.58% | 4.51% |
| Net Margin (TTM) | 9.63% | 12.32% |
| Operating Margin (TTM) | 13.29% | 11.82% |
| Gross Margin (TTM) | 78.13% | 75.80% |
Growth
Revenue Growth
Both Okta (OKTA) at 11.84% and Workday (WDAY) at 13.10% 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% clears its industry range for EPS growth, a much stronger earnings trajectory than Workday (WDAY) at 32.82%, which is closer to a typical peer reading.
Growth Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Revenue Growth (YoY) | 11.84% | 13.10% |
| Revenue Growth (3Y CAGR) | 16.25% | 15.40% |
| EPS Growth (YoY) | 2,083.33% | 32.82% |
| 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 Workday (WDAY) at 0.91 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WDAY.
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
WDAY
Software & Services industry group
0.91
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- WDAY
- 0.91
- Min
- 0.03
Debt / Equity (MRQ)
Okta (OKTA) at 0.01 keeps leverage in the lower industry quartile, while Workday (WDAY) at 0.58 runs a more typical debt-to-equity mix.
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
WDAY
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- WDAY
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Current Ratio (MRQ) | 1.53 | 0.91 |
| Debt / Equity (MRQ) | 0.01 | 0.58 |
| Net Debt / EBITDA | -7.00 | 0.23 |
Dividends
Dividend Yield (TTM)
Neither Okta (OKTA) nor Workday (WDAY) 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%
WDAY
Software & Services industry group
0.00%
- WDAY
- 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 Workday (WDAY) 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%
WDAY
Software & Services industry group
0.00%
- WDAY
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Workday (WDAY) at 39.29 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.
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
WDAY
Software & Services industry group
39.29
- Max
- 112.94
- Q3
- 60.32
- WDAY
- 39.29
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Workday (WDAY) at 4.58 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.
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
WDAY
Software & Services industry group
4.58
- Max
- 17.91
- Q3
- 8.78
- WDAY
- 4.58
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
On P/B ratio, both Okta (OKTA) at 4.23 and Workday (WDAY) at 7.20 are valued close to their industries’ norm against book — neither stands out from peers.
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
WDAY
Software & Services industry group
7.20
- Max
- 16.63
- Q3
- 8.50
- WDAY
- 7.20
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | OKTA | WDAY |
|---|---|---|
| P/E Ratio (TTM) | 101.62 | 39.29 |
| P/S Ratio (TTM) | 9.60 | 4.58 |
| P/B Ratio (MRQ) | 4.23 | 7.20 |
| Free Cash Flow Yield (TTM) | 3.52% | 6.55% |