Oklo Inc. (OKLO) Key Metrics
OKLO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.20B
- Enterprise value
- $4.76B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 2.2 10-yr median 11.7
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 1.22
OKLO key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOKLO valuation Price multiples at each fiscal year-end price.
OKLO returns How much profit the business earns on the capital it uses.
OKLO per-share figures Results divided by the shares outstanding at year-end.
OKLO financial health Debt, liquidity and how easily interest is covered.
OKLO efficiency & capital use Working capital cycle and where the cash goes.
OKLO valuation history
OKLO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OKLO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OKLO cash returned to shareholders
OKLO price vs earnings per share
OKLO key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $10.50B | $2.93B | $727.5M | $634.4M | $629.9M |
| Enterprise value | $9.28B | $2.70B | $717.9M | $625.0M | $620.0M |
| Price / book | 7.1 | 11.7 | — | — | 100.0 |
| Earnings yield | −1.0% | −2.5% | −4.4% | −1.6% | −0.8% |
| Free cash flow yield | −1.1% | −1.3% | −2.2% | −1.6% | −0.3% |
| Shareholder yield (dividends + buybacks) | — | — | 29.7% | 0.0% | — |
| Share price at fiscal year-end | $71.76 | $21.23 | $10.56 | $9.92 | $9.85 |
| Per share | |||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Earnings per share | −$0.72 | −$0.53 | −$0.47 | −$0.16 | −$0.08 |
| Operating cash flow per share | −$0.56 | −$0.28 | −$0.23 | −$0.16 | −$0.03 |
| Free cash flow per share | −$0.79 | −$0.28 | −$0.23 | −$0.16 | −$0.03 |
| Cash per share | $8.39 | $1.65 | $0.14 | $0.15 | $0.16 |
| Book value per share | $10.09 | $1.82 | −$0.50 | −$0.44 | $0.10 |
| Tangible book value per share | $9.85 | $1.82 | −$0.50 | −$0.44 | $0.10 |
| Capex per share | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.01 | $0.01 | $0.00 | $0.00 | $0.01 |
| Shares outstanding | 146.4M | 137.9M | 68.9M | 64.0M | 64.0M |
| Change in shares outstanding | +6.1% | +100.2% | +7.7% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | −12.2% | −68.0% | — | — | −81.9% |
| Return on invested capital (ROIC) | −80.3% | — | — | — | — |
| Return on assets (ROA) | −11.7% | −49.6% | −248.7% | −91.0% | −46.7% |
| Return on tangible assets | −7.1% | −26.1% | −216.1% | −91.2% | −46.7% |
| Financial health | |||||
| Total debt | $1.4M | $1.3M | $250,000 | $304,181 | $494,317 |
| Cash & short-term investments | $1.23B | $227.8M | $9.9M | $9.7M | $10.4M |
| Net debt | −$1.23B | −$226.5M | −$9.6M | −$9.3M | −$9.9M |
| Debt / equity | 0.00 | 0.01 | — | — | 0.08 |
| Debt / assets | 0.00 | 0.00 | 0.02 | 0.03 | 0.04 |
| Current ratio | 49.08 | 43.47 | 4.43 | 16.54 | 23.91 |
| Quick ratio | 49.08 | 43.47 | 4.51 | 17.16 | 23.91 |
| Interest coverage | — | — | — | -1.4 | -42.8 |
| Working capital | $1.23B | $226.6M | $11.0M | $9.9M | $10.0M |
| Invested capital | $249.7M | $24.3M | −$44.0M | −$37.5M | −$3.6M |
| Tangible asset value | $1.44B | $250.9M | −$34.4M | −$28.1M | $6.3M |
| Net current asset value | $1.20B | $201.1M | −$35.0M | −$28.6M | $5.7M |
| Graham net-net per share | $8.06 | $1.44 | −$0.57 | −$0.46 | $0.09 |
| Capital allocation | |||||
| Share buybacks (net) | — | — | $215.9M | $0 | — |
| Capex / depreciation | 63.61 | 1.31 | 1.11 | 5.06 | 23.28 |
| Efficiency | |||||
| Days of inventory on hand | — | — | -1,562.5 | — | — |
| Days payables outstanding | 2,487.5 | 3,571.0 | 6,352.5 | — | — |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Payables turnover | 0.15 | 0.10 | 0.06 | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $3.4M | $932,000 | $258,500 | $391,000 | — |
| Average payables | $3.6M | $2.6M | $1.3M | $218,264 | $99,906 |
| Average inventory | — | — | −$321,060 | −$391,000 | — |
| Intangibles / total assets | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from OKLO's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OKLO valuation and financial ratios
Oklo earned a return on equity of −12.2% and a return on invested capital of −80.3% in fiscal 2025. It ended the year with $1.4 million of debt and $1.2 billion in cash and short-term investments, a net cash position of $1.2 billion. The share count rose 128.9% from 64.0M to 146.4M over 4 years.
See the OKLO income statement, the OKLO chart for price history, or the OKLO stock overview for the latest quote and news.
OKLO key metrics FAQ
What is Oklo's return on equity?
Oklo's return on equity (ROE) was −12.2% in fiscal 2025: net income of -$105.7 million on average shareholders' equity of $863.5 million.
What is Oklo's ROIC?
Oklo's return on invested capital was −80.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Oklo have?
Oklo had total debt of $1.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Oklo's free cash flow yield?
Oklo generated -$115.4 million of free cash flow in fiscal 2025, a free cash flow yield of −1.1% on its market value at year-end ($10.5 billion).
What is Oklo's current ratio?
Oklo's current ratio was 49.08 at the end of fiscal 2025: current assets were 49.08 times current liabilities.