Okta Management
Management criteria checks 2/4
Okta's CEO is Todd McKinnon, appointed in Jan 2008, has a tenure of 16.92 years. total yearly compensation is $30.01M, comprised of 1% salary and 99% bonuses, including company stock and options. directly owns 3.58% of the company’s shares, worth $501.70M. The average tenure of the management team and the board of directors is 2.1 years and 6 years respectively.
Key information
Todd McKinnon
Chief executive officer
US$30.0m
Total compensation
| CEO salary percentage | 1.0% |
| CEO tenure | 16.9yrs |
| CEO ownership | 3.6% |
| Management average tenure | 2.1yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Okta: You Should Be Thankful It's Still So Cheap
Dec 16Okta: Growth Outlook Has Gotten Better
Dec 10Okta Earnings: Conservative Guidance Leaves Room For Upside
Dec 04Okta: The Underdog's Advantage
Nov 07Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02
Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon
Oct 04Okta: Bargain Stock With A Path To Recovery (Rating Upgrade)
Sep 30Okta Earnings: Game Over, Time To Log Out (Downgrade)
Aug 29Okta: Low Debt And High Margins In A Growing Tech Industry
Aug 22Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?
Jul 30Okta: With Guidance Boost, I'm Diving Back In
Jul 30Okta: Why I'm Initiating With A Buy
Jul 12What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?
Jul 12Okta: The Turnaround Is Underway (Ratings Upgrade)
Jul 01Okta: Navigating Volatility For Sustainable Growth, Buy
May 31Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)
May 24Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?
May 21Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | -US$39m |
| Jul 31 2024 | n/a | n/a | -US$136m |
| Apr 30 2024 | n/a | n/a | -US$276m |
| Jan 31 2024 | US$30m | US$306k | -US$355m |
| Oct 31 2023 | n/a | n/a | -US$464m |
| Jul 31 2023 | n/a | n/a | -US$592m |
| Apr 30 2023 | n/a | n/a | -US$691m |
| Jan 31 2023 | US$412k | US$306k | -US$815m |
| Oct 31 2022 | n/a | n/a | -US$903m |
| Jul 31 2022 | n/a | n/a | -US$915m |
| Apr 30 2022 | n/a | n/a | -US$982m |
| Jan 31 2022 | US$32m | US$306k | -US$848m |
| Oct 31 2021 | n/a | n/a | -US$683m |
| Jul 31 2021 | n/a | n/a | -US$534m |
| Apr 30 2021 | n/a | n/a | -US$318m |
| Jan 31 2021 | US$12m | US$306k | -US$266m |
| Oct 31 2020 | n/a | n/a | -US$241m |
| Jul 31 2020 | n/a | n/a | -US$232m |
| Apr 30 2020 | n/a | n/a | -US$215m |
| Jan 31 2020 | US$9m | US$306k | -US$209m |
| Oct 31 2019 | n/a | n/a | -US$189m |
| Jul 31 2019 | n/a | n/a | -US$155m |
| Apr 30 2019 | n/a | n/a | -US$152m |
| Jan 31 2019 | US$5m | US$306k | -US$125m |
| Oct 31 2018 | n/a | n/a | -US$118m |
| Jul 31 2018 | n/a | n/a | -US$121m |
| Apr 30 2018 | n/a | n/a | -US$108m |
| Jan 31 2018 | US$417k | US$285k | -US$110m |
Compensation vs Market: Todd's total compensation ($USD30.01M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.
CEO
Todd McKinnon (52 yo)
16.9yrs
Tenure
US$30,012,225
Compensation
Mr. Todd McKinnon serves as Chief Executive Officer of Okta at Auth0, Inc. since 2021. He co-founded Okta, Inc. in 2008 and has been its Chief Executive Officer since January 2009. From October 2003 to Feb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16.9yrs | US$30.01m | 3.58% $ 501.7m | |
| Co-Founder & Executive Vice Chairperson | 15.4yrs | US$1.93m | 0.81% $ 113.8m | |
| Chief Financial Officer | 3.5yrs | US$12.71m | 0.11% $ 15.3m | |
| Chief Accounting Officer | 2.3yrs | US$1.62m | 0.0053% $ 740.5k | |
| Chief Legal Officer & Corporate Secretary | 1.8yrs | US$9.09m | 0.015% $ 2.1m | |
| Chief Revenue Officer | 1.8yrs | US$7.54m | 0.011% $ 1.6m | |
| Co-founder & President of Business Operations | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| President of Customer Experience & Communications | less than a year | no data | no data | |
| Executive Vice President of Corporate Development | 6.8yrs | no data | no data | |
| Chief Marketing Officer | 1.1yrs | no data | no data | |
| Chief People & Places Officer | 1.9yrs | no data | no data |
2.1yrs
Average Tenure
49yo
Average Age
Experienced Management: OKTA's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 15.9yrs | US$30.01m | 3.58% $ 501.7m | |
| Co-Founder & Executive Vice Chairperson | 15.4yrs | US$1.93m | 0.81% $ 113.8m | |
| Lead Independent Director | 3.6yrs | US$254.05k | 0.0044% $ 611.7k | |
| Independent Director | 14.8yrs | US$250.05k | 0.33% $ 46.0m | |
| Independent Director | 6yrs | US$240.05k | 0.0052% $ 723.7k | |
| Independent Director | 8yrs | US$249.05k | 0.014% $ 2.0m | |
| Independent Director | 5.9yrs | US$245.55k | 0.0077% $ 1.1m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.5yrs | US$237.55k | 0.0050% $ 705.5k | |
| Independent Director | 2.3yrs | US$236.14k | 0.0031% $ 428.3k |
6.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: OKTA's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Okta, Inc. is covered by 63 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Ishan Majumdar | Baptista Research |
| Saket Kalia | Barclays |