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OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and 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. more
Time Frame | KAR | Sector | S&P500 |
---|---|---|---|
1-Week Return | 1.17% | -0.92% | -0.76% |
1-Month Return | -3.47% | -0.75% | 2.73% |
3-Month Return | -2.32% | -1.91% | 4.71% |
6-Month Return | 9.12% | 7.43% | 14.86% |
1-Year Return | 10.07% | 18.66% | 27.66% |
3-Year Return | -9.99% | 24.69% | 33.17% |
5-Year Return | -27.41% | 73.4% | 102.52% |
10-Year Return | 63.64% | 170.42% | 233.8% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 2.78B | 2.19B | 2.25B | 1.52B | 1.65B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":78.64,"profit":true},{"date":"2021-12-31","value":80.94,"profit":true},{"date":"2022-12-31","value":54.62,"profit":true},{"date":"2023-12-31","value":59.14,"profit":true}] |
Cost of Revenue | 1.62B | 1.28B | 1.30B | 834.30M | 867.60M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":79.45,"profit":true},{"date":"2021-12-31","value":80.38,"profit":true},{"date":"2022-12-31","value":51.59,"profit":true},{"date":"2023-12-31","value":53.65,"profit":true}] |
Gross Profit | 1.16B | 902.90M | 951.70M | 685.10M | 777.50M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":77.52,"profit":true},{"date":"2021-12-31","value":81.71,"profit":true},{"date":"2022-12-31","value":58.82,"profit":true},{"date":"2023-12-31","value":66.75,"profit":true}] |
Gross Margin | 41.87% | 41.27% | 42.27% | 45.09% | 47.26% | [{"date":"2019-12-31","value":88.59,"profit":true},{"date":"2020-12-31","value":87.33,"profit":true},{"date":"2021-12-31","value":89.43,"profit":true},{"date":"2022-12-31","value":95.41,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Expenses | 850.70M | 736.70M | 741.10M | 545.30M | 531.90M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":86.6,"profit":true},{"date":"2021-12-31","value":87.12,"profit":true},{"date":"2022-12-31","value":64.1,"profit":true},{"date":"2023-12-31","value":62.52,"profit":true}] |
Operating Income | 314.10M | 136.40M | 210.60M | 173.70M | (5.20M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":43.43,"profit":true},{"date":"2021-12-31","value":67.05,"profit":true},{"date":"2022-12-31","value":55.3,"profit":true},{"date":"2023-12-31","value":-1.66,"profit":false}] |
Total Non-Operating Income/Expense | (373.50M) | (259.90M) | (235.70M) | (254.30M) | (392.10M) | [{"date":"2019-12-31","value":-37350000000,"profit":false},{"date":"2020-12-31","value":-25990000000,"profit":false},{"date":"2021-12-31","value":-23570000000,"profit":false},{"date":"2022-12-31","value":-25430000000,"profit":false},{"date":"2023-12-31","value":-39210000000,"profit":false}] |
Pre-Tax Income | 130.10M | 5.40M | 101.50M | 38.60M | (146.50M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":4.15,"profit":true},{"date":"2021-12-31","value":78.02,"profit":true},{"date":"2022-12-31","value":29.67,"profit":true},{"date":"2023-12-31","value":-112.61,"profit":false}] |
Income Taxes | 37.70M | 4.90M | 35.00M | 10.00M | 8.30M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":13,"profit":true},{"date":"2021-12-31","value":92.84,"profit":true},{"date":"2022-12-31","value":26.53,"profit":true},{"date":"2023-12-31","value":22.02,"profit":true}] |
Income After Taxes | 92.40M | 500.00K | 66.50M | 28.60M | (154.80M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":0.54,"profit":true},{"date":"2021-12-31","value":71.97,"profit":true},{"date":"2022-12-31","value":30.95,"profit":true},{"date":"2023-12-31","value":-167.53,"profit":false}] |
Income From Continuous Operations | 92.40M | 500.00K | 66.50M | 28.60M | (154.80M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":0.54,"profit":true},{"date":"2021-12-31","value":71.97,"profit":true},{"date":"2022-12-31","value":30.95,"profit":true},{"date":"2023-12-31","value":-167.53,"profit":false}] |
Income From Discontinued Operations | 96.10M | 54.10M | 67.30M | 212.60M | - | [{"date":"2019-12-31","value":45.2,"profit":true},{"date":"2020-12-31","value":25.45,"profit":true},{"date":"2021-12-31","value":31.66,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 92.40M | 500.00K | 66.50M | 28.60M | (154.10M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":0.54,"profit":true},{"date":"2021-12-31","value":71.97,"profit":true},{"date":"2022-12-31","value":30.95,"profit":true},{"date":"2023-12-31","value":-166.77,"profit":false}] |
EPS (Diluted) | 1.59 | 0.61 | 0.58 | 0.44 | 0.71 | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":38.36,"profit":true},{"date":"2021-12-31","value":36.48,"profit":true},{"date":"2022-12-31","value":27.67,"profit":true},{"date":"2023-12-31","value":44.65,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
KAR | |
---|---|
Cash Ratio | 0.06 |
Current Ratio | 1.15 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
KAR | |
---|---|
ROA (LTM) | 3.13% |
ROE (LTM) | -7.30% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
KAR | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.60 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.40 |
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 2.48 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
KAR | |
---|---|
Trailing PE | NM |
Forward PE | 22.68 |
P/S (TTM) | 1.15 |
P/B | 1.42 |
Price/FCF | 20 |
EV/R | 1.35 |
EV/Ebitda | 20.06 |
PEG | 0.07 |
The latest announcement is out from Kar Auction Services (KAR). OPENLANE, Inc. is undergoing significant leadership transitions, with Sriram Subrah…
Openlane (NYSE: KAR ) just reported results for the first quarter of 2024. Openlane reported earnings per share of 19 cents. This was below the analyst estimate for EPS of 21 cents. The company reported revenue of $416.30 million. This was 1.95% worse than the analyst estimate for revenue of $424.56 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. Legendary Investor Predicts: “Forget A.I.
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KAR Auction Services Inc (KAR) share price today is $16.4
Yes, Indians can buy shares of KAR Auction Services Inc (KAR) on Vested. To buy KAR Auction Services Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in KAR stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of KAR Auction Services Inc (KAR) via the Vested app. You can start investing in KAR Auction Services Inc (KAR) with a minimum investment of $1.
You can invest in shares of KAR Auction Services Inc (KAR) via Vested in three simple steps:
The 52-week high price of KAR Auction Services Inc (KAR) is $18.41. The 52-week low price of KAR Auction Services Inc (KAR) is $12.86.
The price-to-earnings (P/E) ratio of KAR Auction Services Inc (KAR) is NM
The price-to-book (P/B) ratio of KAR Auction Services Inc (KAR) is 1.42
The dividend yield of KAR Auction Services Inc (KAR) is 0.00%
The market capitalization of KAR Auction Services Inc (KAR) is $1.78B
The stock symbol (or ticker) of KAR Auction Services Inc is KAR