• Okta average return on tangible equity for 2024 was -149.85, a 122.21% decline from 2023.
• Okta average return on tangible equity for 2023 was 674.79, a 96.3% decline from 2022.
• Okta average return on tangible equity for 2022 was 18252.63, a 21186.68% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.