OPENLANE Past Earnings Performance
Past criteria checks 2/6
OPENLANE's earnings have been declining at an average annual rate of -67.5%, while the Commercial Services industry saw earnings growing at 22.2% annually. Revenues have been declining at an average rate of 19.5% per year. OPENLANE's return on equity is 2.3%, and it has net margins of 0.6%.
Key information
-67.5%
Earnings growth rate
-68.9%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | -19.5% |
| Return on equity | 2.3% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How OPENLANE makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 1,571 | 9 | 434 | 0 |
| 31 Dec 22 | 1,519 | -12 | 445 | 0 |
| 30 Sep 22 | 1,504 | -36 | 456 | 0 |
| 30 Jun 22 | 1,458 | -62 | 451 | 0 |
| 31 Mar 22 | 1,450 | -65 | 432 | 0 |
| 31 Dec 21 | 1,451 | -33 | 421 | 0 |
| 30 Sep 21 | 762 | -142 | 286 | 0 |
| 30 Jun 21 | 1,008 | -75 | 312 | 0 |
| 31 Mar 21 | 1,051 | -90 | 319 | 0 |
| 31 Dec 20 | 1,327 | -100 | 375 | 0 |
| 30 Sep 20 | 2,329 | 21 | 570 | 0 |
| 30 Jun 20 | 2,438 | 26 | 598 | 0 |
| 31 Mar 20 | 2,738 | 80 | 649 | 0 |
| 31 Dec 19 | 2,782 | 92 | 662 | 0 |
| 30 Sep 19 | 2,704 | 92 | 646 | 0 |
| 30 Jun 19 | 2,615 | 89 | 642 | 0 |
| 31 Mar 19 | 2,519 | 99 | 629 | 0 |
| 31 Dec 18 | 2,443 | 118 | 609 | 0 |
| 30 Sep 18 | 2,739 | 275 | 633 | 0 |
| 30 Jun 18 | 2,970 | 307 | 634 | 0 |
| 31 Mar 18 | 3,205 | 327 | 638 | 0 |
| 31 Dec 17 | 2,239 | 174 | 532 | 0 |
| 30 Sep 17 | 3,381 | 235 | 617 | 0 |
| 30 Jun 17 | 3,328 | 226 | 607 | 0 |
| 31 Mar 17 | 3,258 | 231 | 599 | 0 |
| 31 Dec 16 | 3,150 | 222 | 583 | 0 |
| 30 Sep 16 | 3,070 | 225 | 563 | 0 |
| 30 Jun 16 | 2,947 | 223 | 545 | 0 |
| 31 Mar 16 | 2,817 | 221 | 522 | 0 |
| 31 Dec 15 | 2,691 | 215 | 502 | 0 |
| 30 Sep 15 | 2,563 | 217 | 487 | 0 |
| 30 Jun 15 | 2,486 | 212 | 475 | 0 |
| 31 Mar 15 | 2,413 | 203 | 466 | 0 |
| 31 Dec 14 | 2,417 | 169 | 471 | 0 |
| 30 Sep 14 | 2,299 | 101 | 514 | 0 |
| 30 Jun 14 | 2,244 | 77 | 518 | 0 |
| 31 Mar 14 | 2,200 | 59 | 516 | 0 |
| 31 Dec 13 | 2,173 | 68 | 490 | 0 |
| 30 Sep 13 | 2,126 | 108 | 433 | 0 |
| 30 Jun 13 | 2,068 | 105 | 415 | 0 |
| 31 Mar 13 | 2,014 | 95 | 407 | 0 |
| 31 Dec 12 | 1,963 | 92 | 420 | 0 |
| 30 Sep 12 | 1,950 | 84 | 427 | 0 |
| 30 Jun 12 | 1,924 | 97 | 405 | 0 |
Quality Earnings: KAR1 * has high quality earnings.
Growing Profit Margin: KAR1 * became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KAR1 *'s earnings have declined by 67.5% per year over the past 5 years.
Accelerating Growth: KAR1 * has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: KAR1 * has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (29.8%).
Return on Equity
High ROE: KAR1 *'s Return on Equity (2.3%) is considered low.