OKTA vs. FTNT
Compare and contrast key facts about Okta, Inc. (OKTA) and Fortinet, Inc. (FTNT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OKTA or FTNT.
Correlation
The correlation between OKTA and FTNT is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OKTA vs. FTNT - Performance Comparison
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Key characteristics
OKTA:
0.43
FTNT:
1.63
OKTA:
0.92
FTNT:
2.67
OKTA:
1.13
FTNT:
1.36
OKTA:
0.25
FTNT:
2.14
OKTA:
1.08
FTNT:
9.06
OKTA:
17.25%
FTNT:
7.31%
OKTA:
47.72%
FTNT:
42.31%
OKTA:
-84.57%
FTNT:
-51.20%
OKTA:
-58.17%
FTNT:
-9.56%
Fundamentals
OKTA:
$21.98B
FTNT:
$78.72B
OKTA:
$0.06
FTNT:
$2.43
OKTA:
2.09K
FTNT:
42.32
OKTA:
0.45
FTNT:
2.87
OKTA:
8.42
FTNT:
12.82
OKTA:
3.43
FTNT:
40.10
OKTA:
$1.99B
FTNT:
$6.14B
OKTA:
$1.52B
FTNT:
$5.00B
OKTA:
$61.00M
FTNT:
$2.34B
Returns By Period
In the year-to-date period, OKTA achieves a 54.90% return, which is significantly higher than FTNT's 9.67% return.
OKTA
54.90%
32.01%
65.64%
20.40%
13.17%
-8.71%
N/A
FTNT
9.67%
9.80%
10.21%
68.30%
21.85%
29.43%
29.42%
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Risk-Adjusted Performance
OKTA vs. FTNT — Risk-Adjusted Performance Rank
OKTA
FTNT
OKTA vs. FTNT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and Fortinet, Inc. (FTNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
OKTA vs. FTNT - Dividend Comparison
Neither OKTA nor FTNT has paid dividends to shareholders.
Drawdowns
OKTA vs. FTNT - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, which is greater than FTNT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for OKTA and FTNT. For additional features, visit the drawdowns tool.
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Volatility
OKTA vs. FTNT - Volatility Comparison
The current volatility for Okta, Inc. (OKTA) is 10.13%, while Fortinet, Inc. (FTNT) has a volatility of 12.40%. This indicates that OKTA experiences smaller price fluctuations and is considered to be less risky than FTNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
OKTA vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Okta, Inc. and Fortinet, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OKTA vs. FTNT - Profitability Comparison
OKTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Okta, Inc. reported a gross profit of 524.00M and revenue of 682.00M. Therefore, the gross margin over that period was 76.8%.
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a gross profit of 1.25B and revenue of 1.54B. Therefore, the gross margin over that period was 81.0%.
OKTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Okta, Inc. reported an operating income of 8.00M and revenue of 682.00M, resulting in an operating margin of 1.2%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported an operating income of 453.80M and revenue of 1.54B, resulting in an operating margin of 29.5%.
OKTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Okta, Inc. reported a net income of 23.00M and revenue of 682.00M, resulting in a net margin of 3.4%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a net income of 433.40M and revenue of 1.54B, resulting in a net margin of 28.2%.