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OPENLANE, Inc.(KAR)Earnings, Financials & Key Ratios
KAR•NYSE
$27.44
$2.91B mkt cap·16.7× P/E·Price updated Apr 24, 2026
AboutOPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. Its digital marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. This segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers. It serves commercial customers, and franchise and independent dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.Show more
- Revenue$1.93B+8.2%
- EBITDA$288M+3.9%
- Net Income$178M+61.7%
- EPS (Diluted)1.64+264.4%
- Gross Margin46.15%+16.5%
- EBITDA Margin14.9%-3.9%
- Operating Margin10.16%-0.2%
- Net Margin9.19%+49.5%
- ROE12.34%+49.9%
- ROIC6.86%-21.1%
- Debt/Equity0.93+339.4%
- Interest Coverage1.79-78.6%
KAR Key Insights
OPENLANE, Inc. (KAR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 223.7%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 17.4% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Weak 3Y average ROE of 3.2%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KAR Price & Volume
OPENLANE, Inc. (KAR) stock price & volume — 10-year historical chart
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KAR Growth Metrics
OPENLANE, Inc. (KAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-3.06%
5 Years7.83%
3 Years8.15%
TTM6.64%
Profit CAGR
10 Years-1.87%
5 Years223.7%
3 Years-9.68%
TTM61.69%
EPS CAGR
10 Years0.83%
5 Years-
3 Years87.2%
TTM146.94%
Return on Capital
10 Years7.14%
5 Years4.65%
3 Years5.89%
Last Year9.41%
KAR Recent Earnings
OPENLANE, Inc. (KAR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 9/12 qtrs (75%)
Q1 2026Latest
Feb 18, 2026EPS
$0.21
Est $0.30
-30.0%
Revenue
$494M
Est $471M
+5.0%
Q4 2025
Nov 5, 2025EPS
$0.35
Est $0.30
+16.7%
Revenue
$498M
Est $471M
+5.9%
Q3 2025
Aug 6, 2025EPS
$0.33
Est $0.24
+37.5%
Revenue
$482M
Est $469M
+2.7%
Q2 2025
May 7, 2025EPS
$0.31
Est $0.24
+29.2%
Revenue
$460M
Est $445M
+3.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $0.21vs $0.30-30.0% | $494Mvs $471M+5.0% |
| Q4 2025 | Nov 5, 2025 | $0.35vs $0.30+16.7% | $498Mvs $471M+5.9% |
| Q3 2025 | Aug 6, 2025 | $0.33vs $0.24+37.5% | $482Mvs $469M+2.7% |
| Q2 2025 | May 7, 2025 | $0.31vs $0.24+29.2% | $460Mvs $445M+3.4% |
Based on last 12 quarters of dataView full earnings history →
KAR Peer Comparison
OPENLANE, Inc. (KAR) competitors in Vehicle Auctions and Remarketing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CPRT | 32.3B | 33.39 | 21 | 9.68% | 33.76% | 15.88% | 0.01 | |
 AN | 7.03B | 204.77 | 12.02 | 3.24% | 2.47% | 28.44% | 4.35 | |
 KMX | 5.64B | 39.43 | 12.28 | -0.02% | 1.67% | 7.55% | 3.11 | |
 CVNA | 84.42B | 389.38 | 46.08 | 48.63% | 7.09% | 45.92% | 0.15 | |
 VRM | 62.14M | 11.95 | -0.13 | -98.7% | -27.71% | -77.02% | ||
 PAG | 11.16B | 169.73 | 12.01 | -0.18% | 2.89% | 16.37% | 1.58 | |
 ALLY | 13.67B | 44.30 | 18.69 | -25.75% | 5.5% | 1.40 | ||
 CAR | 5.8B | 164.23 | -6.50 | -1.16% | -5.68% |
Compare KAR vs Peers
OPENLANE, Inc. (KAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KAR Income Statement
OPENLANE, Inc. (KAR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 3.46B | 3.77B | 2.78B | 1.33B | 1.45B | 1.53B | 1.65B | 1.79B | 1.93B |
| Revenue Growth % | 9.77% | 9.01% | -26.2% | -52.3% | 9.32% | 5.42% | 7.58% | 8.72% | 8.16% |
| Cost of Goods Sold | 1.99B | 2.14B | 1.62B | 744.3M | 792.5M | 913.3M | 867.6M | 1.08B | 1.04B |
| COGS % of Revenue | 57.47% | 56.84% | 58.13% | 56.09% | 54.63% | 59.72% | 52.74% | 60.37% | 53.85% |
| Gross Profit | 1.47B▲ 0% | 1.63B▲ 10.6% | 1.16B▼ 28.4% | 582.6M▼ 50.0% | 658.1M▲ 13.0% | 615.9M▼ 6.4% | 777.5M▲ 26.2% | 708.7M▼ 8.8% | 892.8M▲ 26.0% |
| Gross Margin % | 42.53% | 43.16% | 41.87% | 43.91% | 45.37% | 40.28% | 47.26% | 39.63% | 46.15% |
| Gross Profit Growth % | 11.2% | 10.61% | -28.4% | -49.98% | 12.96% | -6.41% | 26.24% | -8.85% | 25.98% |
| Operating Expenses | 904.8M | 1B | 850.7M | 513.4M | 530.6M | 521.2M | 782.7M | 526.5M | 696.2M |
| OpEx % of Revenue | 26.17% | 26.6% | 30.58% | 38.69% | 36.58% | 34.08% | 47.58% | 29.44% | 35.99% |
| Selling, General & Admin | 640.2M | 732.8M | 662M | 374.5M | 420.7M | 436.3M | 430.4M | 408.6M | 445.2M |
| SG&A % of Revenue | 18.51% | 19.44% | 23.8% | 28.22% | 29% | 28.53% | 26.16% | 22.85% | 23.01% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.9M | 3.5M | 188.7M | 138.9M | 109.9M | 84.9M | 352.3M | 117.9M | 251M |
| Operating Income | 566M▲ 0% | 624.2M▲ 10.3% | 314.1M▼ 49.7% | 69.2M▼ 78.0% | 127.5M▲ 84.2% | 94.7M▼ 25.7% | -5.2M▼ 105.5% | 182.2M▲ 3603.8% | 196.6M▲ 7.9% |
| Operating Margin % | 16.37% | 16.56% | 11.29% | 5.22% | 8.79% | 6.19% | -0.32% | 10.19% | 10.16% |
| Operating Income Growth % | 13.43% | 10.28% | -49.68% | -77.97% | 84.25% | -25.73% | -105.49% | 3603.85% | 7.9% |
| EBITDA | 830.6M | 796.6M | 502.8M | 178.3M | 237.4M | 194.9M | 96.3M | 277.4M | 288.3M |
| EBITDA Margin % | 24.02% | 21.13% | 18.07% | 13.44% | 16.37% | 12.75% | 5.85% | 15.51% | 14.9% |
| EBITDA Growth % | 12.3% | -4.09% | -36.88% | -64.54% | 33.15% | -17.9% | -50.59% | 188.06% | 3.93% |
| D&A (Non-Cash Add-back) | 264.6M | 172.4M | 188.7M | 109.1M | 109.9M | 100.2M | 101.5M | 95.2M | 91.7M |
| EBIT | 562.8M | 343.1M | 319.6M | 63.4M | 140M | 78.8M | 9.3M | 179.7M | 0 |
| Net Interest Income | -163.2M | -191.2M | -189.5M | -128.2M | -125.7M | -40.2M | -155.8M | -21.8M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 164M | 192M | 189.5M | 128.2M | 125.7M | 40.2M | 155.8M | 21.8M | 109.9M |
| Other Income/Expense | -168M | -188.2M | -184M | -134M | -113.2M | -56.1M | -141.3M | -24.3M | -4.4M |
| Pretax Income | 398M▲ 0% | 435.7M▲ 9.5% | 130.1M▼ 70.1% | -64.8M▼ 149.8% | 14.3M▲ 122.1% | 38.6M▲ 169.9% | -146.5M▼ 479.5% | 157.9M▲ 207.8% | 192.2M▲ 21.7% |
| Pretax Margin % | 11.51% | 11.56% | 4.68% | -4.88% | 0.99% | 2.52% | -8.91% | 8.83% | 9.94% |
| Income Tax | 36M | 107.7M | 37.7M | -11.2M | 15.1M | 10M | 8.3M | 48M | 14.5M |
| Effective Tax Rate % | 9.05% | 24.72% | 28.98% | 17.28% | 105.59% | 25.91% | -5.67% | 30.4% | 7.54% |
| Net Income | 362M▲ 0% | 328M▼ 9.4% | 188.5M▼ 42.5% | 500K▼ 99.7% | 66.5M▲ 13200.0% | 241.2M▲ 262.7% | -154.1M▼ 163.9% | 109.9M▲ 171.3% | 177.7M▲ 61.7% |
| Net Margin % | 10.47% | 8.7% | 6.78% | 0.04% | 4.58% | 15.77% | -9.37% | 6.14% | 9.19% |
| Net Income Growth % | 62.77% | -9.39% | -42.53% | -99.73% | 13200% | 262.71% | -163.89% | 171.32% | 61.69% |
| Net Income (Continuing) | 174M | 117.6M | 92.4M | -53.6M | -800K | 28.6M | -154.8M | 109.9M | 177.7M |
| Discontinued Operations | 188M | 210.4M | 96.1M | 54.1M | 67.3M | 212.6M | 700K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.62▲ 0% | 2.42▼ 7.6% | 0.70▼ 71.1% | -0.16▼ 122.9% | 0.28▲ 275.0% | 0.25▼ 10.7% | -1.82▼ 828.0% | 0.45▲ 124.7% | 1.64▲ 264.4% |
| EPS Growth % | 63.75% | -7.63% | -71.07% | -122.86% | 275% | -10.71% | -828% | 124.73% | 264.44% |
| EPS (Basic) | 2.66 | 2.44 | 0.70 | -0.16 | 0.28 | 0.25 | -1.82 | 0.46 | 1.67 |
| Diluted Shares Outstanding | 138M | 135.7M | 132.9M | 129.3M | 123M | 116.3M | 109.1M | 109M | 108.3M |
| Basic Shares Outstanding | 136.09M | 134.43M | 131.6M | 129.3M | 123M | 116.3M | 109.1M | 108M | 106.7M |
| Dividend Payout Ratio | 48.29% | 57.41% | 87.16% | 9800% | - | - | - | - | - |
KAR Balance Sheet
OPENLANE, Inc. (KAR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.14B | 3.31B | 3.24B | 3.18B | 3.39B | 3.02B | 2.84B | 2.85B | 3.01B |
| Cash & Short-Term Investments | 317.2M | 337.1M | 507.6M | 752.1M | 177.6M | 225.7M | 93.5M | 143M | 141.5M |
| Cash Only | 317.2M | 337.1M | 507.6M | 752.1M | 177.6M | 225.7M | 93.5M | 143M | 141.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.63B | 2.46B | 2.56B | 2.26B | 2.89B | 2.67B | 2.57B | 2.57B | 0 |
| Days Sales Outstanding | 277.09 | 237.75 | 335.58 | 620.63 | 726.5 | 636.29 | 571.05 | 524.67 | - |
| Inventory | 19.4M | 27.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 3.56 | 4.7 | - | - | - | - | - | - | - |
| Other Current Assets | 195.1M | 581.7M | 179.2M | 166.9M | 326.9M | 130.9M | 174.6M | 137.6M | 2.87B |
| Total Non-Current Assets | 3.85B | 3.89B | 3.34B | 3.62B | 4.06B | 2.1B | 1.88B | 1.77B | 1.71B |
| Property, Plant & Equipment | 908.2M | 976.2M | 973.1M | 940.5M | 238.2M | 208.4M | 245.7M | 216.4M | 0 |
| Fixed Asset Turnover | 3.81x | 3.86x | 2.86x | 1.41x | 6.09x | 7.34x | 6.70x | 8.26x | - |
| Goodwill | 2.19B | 2.21B | 1.82B | 2.14B | 1.6B | 1.46B | 1.27B | 1.22B | 1.24B |
| Intangible Assets | 747M | 702.1M | 506.4M | 501.5M | 402.4M | 367.2M | 317.6M | 278.5M | 204.4M |
| Long-Term Investments | -213.5M | -229.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 20.8M | 41.3M | 35.5M | 40.8M | 1.82B | 57.3M | 49.9M | 53M | 264.8M |
| Total Assets | 6.98B▲ 0% | 7.21B▲ 3.2% | 6.58B▼ 8.7% | 6.8B▲ 3.3% | 7.45B▲ 9.6% | 5.12B▼ 31.3% | 4.73B▼ 7.7% | 4.62B▼ 2.2% | 4.72B▲ 2.2% |
| Asset Turnover | 0.50x | 0.52x | 0.42x | 0.20x | 0.19x | 0.30x | 0.35x | 0.39x | 0.41x |
| Asset Growth % | 6.51% | 3.18% | -8.67% | 3.3% | 9.6% | -31.28% | -7.69% | -2.2% | 2.21% |
| Total Current Liabilities | 2.39B | 2.62B | 2.52B | 2.25B | 3.01B | 2.64B | 2.48B | 2.57B | 2.6B |
| Accounts Payable | 682.7M | 691.3M | 704.6M | 688.9M | 785.3M | 551.2M | 556.6M | 547.6M | 665.8M |
| Days Payables Outstanding | 125.4 | 117.76 | 159.04 | 337.83 | 361.68 | 220.29 | 234.16 | 185.1 | 233.29 |
| Short-Term Debt | 12.4M | 13.1M | 28.8M | 24.3M | 16.3M | 288.7M | 154.6M | 222.5M | 840.1M |
| Deferred Revenue (Current) | -682.7M | 2.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.46B | 1.73B | 1.53B | 1.34B | 2.09B | 1.71B | 1.67B | 1.7B | 1.1B |
| Current Ratio | 1.31x | 1.26x | 1.29x | 1.41x | 1.13x | 1.14x | 1.15x | 1.11x | 1.16x |
| Quick Ratio | 1.31x | 1.25x | 1.29x | 1.41x | 1.13x | 1.14x | 1.15x | 1.11x | 1.16x |
| Cash Conversion Cycle | 155.25 | 124.69 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.11B | 3.12B | 2.41B | 2.93B | 2.93B | 958.3M | 920.5M | 714.1M | 589.9M |
| Long-Term Debt | 2.67B | 2.65B | 1.86B | 1.85B | 1.85B | 205.3M | 202.4M | 0 | 583.1M |
| Capital Lease Obligations | 0 | 0 | 358.3M | 344.2M | 88.1M | 79.7M | 70.4M | 60.4M | 0 |
| Deferred Tax Liabilities | 192.7M | 188.4M | 134.5M | 128.6M | 138.4M | 54M | 20.9M | 24.4M | 600K |
| Other Non-Current Liabilities | 442.5M | 462.9M | 59.2M | 605.2M | 852.2M | 619.3M | 626.8M | 629.3M | 6.2M |
| Total Liabilities | 5.5B | 5.74B | 4.93B | 5.18B | 5.94B | 3.6B | 3.4B | 3.28B | 3.19B |
| Total Debt | 2.68B | 2.67B | 2.25B | 2.22B | 1.95B | 573.7M | 427.4M | 282.9M | 1.42B |
| Net Debt | 2.36B | 2.33B | 1.74B | 1.47B | 1.78B | 348M | 333.9M | 139.9M | 1.28B |
| Debt / Equity | 1.80x | 1.82x | 1.36x | 1.38x | 1.29x | 0.38x | 0.32x | 0.21x | 0.93x |
| Debt / EBITDA | 3.23x | 3.35x | 4.47x | 12.46x | 8.23x | 2.94x | 4.44x | 1.02x | 4.94x |
| Net Debt / EBITDA | 2.84x | 2.93x | 3.46x | 8.25x | 7.48x | 1.79x | 3.47x | 0.50x | 4.45x |
| Interest Coverage | 3.45x | 3.25x | 1.66x | 0.54x | 1.01x | 2.36x | -0.03x | 8.36x | 1.79x |
| Total Equity | 1.48B▲ 0% | 1.46B▼ 1.4% | 1.65B▲ 12.7% | 1.62B▼ 2.1% | 1.51B▼ 6.4% | 1.52B▲ 0.4% | 1.33B▼ 12.6% | 1.34B▲ 1.2% | 1.54B▲ 14.5% |
| Equity Growth % | 6.27% | -1.39% | 12.7% | -2.08% | -6.36% | 0.35% | -12.6% | 1.18% | 14.49% |
| Book Value per Share | 10.76 | 10.79 | 12.42 | 12.50 | 12.30 | 13.06 | 12.16 | 12.32 | 14.19 |
| Total Shareholders' Equity | 1.48B | 1.46B | 1.65B | 1.62B | 1.51B | 1.52B | 1.33B | 1.34B | 1.54B |
| Common Stock | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | 1.1M | 1.1M | 1.1M | 0 |
| Retained Earnings | 257M | 392.3M | 651M | 600.7M | 625.7M | 822.9M | 624.4M | 689.8M | 586.7M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -25.2M | -61.2M | -31M | -32.7M | -24.7M | -49.5M | -36.7M | -69.1M | -39.9M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
KAR Cash Flow Statement
OPENLANE, Inc. (KAR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 588.8M | 749.8M | 542M | 384.4M | 413.2M | -466.6M | 235.4M | 291.4M | 391.9M |
| Operating CF Margin % | 17.03% | 19.89% | 19.48% | 28.97% | 28.48% | -30.51% | 14.31% | 16.29% | 20.26% |
| Operating CF Growth % | 63.19% | 27.34% | -27.71% | -29.08% | 7.49% | -212.92% | 150.45% | 23.79% | 34.49% |
| Net Income | 362M | 328M | 188.5M | 500K | 66.5M | 32.2M | -154.1M | 109.9M | 177.7M |
| Depreciation & Amortization | 264.6M | 269.9M | 188.7M | 191.3M | 109.9M | 100.2M | 101.5M | 95.2M | 91.7M |
| Stock-Based Compensation | 24.2M | 23.4M | 19.6M | 11.8M | 13.2M | 0 | 16.5M | 14.7M | 14.6M |
| Deferred Taxes | -93.5M | 100K | -3.3M | -7.2M | 4.4M | -2.3M | -29.8M | 1.7M | -31.9M |
| Other Non-Cash Items | 62.1M | 49.1M | 131.7M | 95M | 156.3M | -437.5M | 327.5M | 30.1M | 139.8M |
| Working Capital Changes | -30.6M | 79.3M | 16.8M | 90.8M | 62.9M | -159.2M | -26.2M | 39.8M | 0 |
| Change in Receivables | -57.4M | -66.5M | -3M | 117.9M | -94.1M | 0 | -66M | 44.4M | 0 |
| Change in Inventory | -748.2M | -145.8M | -19.8M | 27.1M | -192.5M | 0 | 0 | 0 | 0 |
| Change in Payables | 26.8M | 145.8M | 19.8M | -27.1M | 192.5M | -240.8M | 0 | 0 | 150.2M |
| Cash from Investing | -379.8M | -381.2M | -452.4M | -326.6M | -1.22B | 70M | -83.5M | -70.9M | -56.1M |
| Capital Expenditures | -152.2M | -198M | -161.6M | -101.4M | -108.5M | -60.9M | -52M | -53M | -55.4M |
| CapEx % of Revenue | 4.4% | 5.25% | 5.81% | 7.64% | 7.48% | 3.98% | 3.16% | 2.96% | 2.86% |
| Acquisitions | -78.3M | -45.2M | -120.7M | -396.7M | -519.6M | 39.4M | -103M | 79.8M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -149.3M | -138M | -170.1M | 171.5M | -606.5M | 0 | 72.8M | -95.8M | 0 |
| Cash from Financing | -107.6M | -320.1M | 153.8M | 194.8M | 210.4M | -1.61B | -279.9M | -173.9M | 0 |
| Debt Issued (Net) | 186.5M | -32.4M | -798M | -30.9M | 393.3M | -789.1M | -51.9M | -132.6M | 0 |
| Equity Issued (Net) | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | -174.8M | -188.3M | -164.3M | -49M | 0 | -22.2M | -44.4M | -44.4M | -38.6M |
| Share Repurchases | -150M | -150M | -119.7M | -10.2M | -180.9M | -182.2M | -22.2M | -30M | -45.6M |
| Other Financing | 36.6M | 50.6M | 1.25B | -280.2M | 200K | -618.2M | -164.1M | 33.1M | 38.6M |
| Net Change in Cash | 115.4M▲ 0% | 28.1M▼ 75.6% | 256.2M▲ 811.7% | 251.4M▼ 1.9% | -596.5M▼ 337.3% | 74.3M▲ 112.5% | -118.8M▼ 259.9% | 24.8M▲ 120.9% | 1.7M▼ 93.1% |
| Free Cash Flow | 436.6M▲ 0% | 551.8M▲ 26.4% | 380.4M▼ 31.1% | 283M▼ 25.6% | 304.7M▲ 7.7% | -527.5M▼ 273.1% | 183.4M▲ 134.8% | 238.4M▲ 30.0% | 336.5M▲ 41.1% |
| FCF Margin % | 12.63% | 14.64% | 13.67% | 21.33% | 21.01% | -34.5% | 11.15% | 13.33% | 17.39% |
| FCF Growth % | 112.25% | 26.39% | -31.06% | -25.6% | 7.67% | -273.12% | 134.77% | 29.99% | 41.15% |
| FCF per Share | 3.16 | 4.07 | 2.86 | 2.19 | 2.48 | -4.54 | 1.68 | 2.19 | 3.11 |
| FCF Conversion (FCF/Net Income) | 1.63x | 2.29x | 2.88x | 768.80x | 6.21x | -1.93x | -1.53x | 2.65x | 2.21x |
| Interest Paid | 147.1M | 180.8M | 170M | 116.6M | 112.7M | 106.4M | 145.2M | 140.7M | 0 |
| Taxes Paid | 126M | 121.9M | 79.2M | 16.6M | 26M | 403.7M | 37.3M | 36.6M | 0 |
KAR Key Ratios
OPENLANE, Inc. (KAR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 15.98% | 25.12% | 22.24% | 12.11% | 0.03% | 4.25% | 15.91% | -10.83% | 8.23% | 12.34% |
| Return on Invested Capital (ROIC) | 11.06% | 11.3% | 12.25% | 6.56% | 1.6% | 3% | 2.76% | -0.22% | 8.69% | 6.86% |
| Gross Margin | 41.99% | 42.53% | 43.16% | 41.87% | 43.91% | 45.37% | 40.28% | 47.26% | 39.63% | 46.15% |
| Net Margin | 7.06% | 10.47% | 8.7% | 6.78% | 0.04% | 4.58% | 15.77% | -9.37% | 6.14% | 9.19% |
| Debt / Equity | 1.77x | 1.80x | 1.82x | 1.36x | 1.38x | 1.29x | 0.38x | 0.32x | 0.21x | 0.93x |
| Interest Coverage | 3.60x | 3.45x | 3.25x | 1.66x | 0.54x | 1.01x | 2.36x | -0.03x | 8.36x | 1.79x |
| FCF Conversion | 1.62x | 1.63x | 2.29x | 2.88x | 768.80x | 6.21x | -1.93x | -1.53x | 2.65x | 2.21x |
| Revenue Growth | 19.34% | 9.77% | 9.01% | -26.2% | -52.3% | 9.32% | 5.42% | 7.58% | 8.72% | 8.16% |
KAR SEC Filings & Documents
OPENLANE, Inc. (KAR) SEC filings — annual & quarterly reports (10-K, 10-Q)
KAR Frequently Asked Questions
OPENLANE, Inc. (KAR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
OPENLANE, Inc. (KAR) reported $1.93B in revenue for fiscal year 2025. This represents a 75% increase from $1.10B in 2007.
OPENLANE, Inc. (KAR) grew revenue by 8.2% over the past year. This is steady growth.
Yes, OPENLANE, Inc. (KAR) is profitable, generating $177.7M in net income for fiscal year 2025 (9.2% net margin).
Dividend & Returns
Yes, OPENLANE, Inc. (KAR) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.
OPENLANE, Inc. (KAR) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.
OPENLANE, Inc. (KAR) generated $336.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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