OPENLANE, Inc.

NYSE:KAR Stock Report

Market Cap: US$2.2b

OPENLANE Past Earnings Performance

Past criteria checks 2/6

OPENLANE's earnings have been declining at an average annual rate of -39%, while the Commercial Services industry saw earnings growing at 10.8% annually. Revenues have been declining at an average rate of 9.8% per year. OPENLANE's return on equity is 3.7%, and it has net margins of 1.2%.

Key information

-39.0%

Earnings growth rate

-46.4%

EPS growth rate

Commercial Services Industry Growth8.5%
Revenue growth rate-9.8%
Return on equity3.7%
Net Margin1.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

OPENLANE, Inc.'s (NYSE:KAR) Share Price Matching Investor Opinion

Nov 04
OPENLANE, Inc.'s (NYSE:KAR) Share Price Matching Investor Opinion

OPENLANE (NYSE:KAR) Shareholders Will Want The ROCE Trajectory To Continue

Aug 11
OPENLANE (NYSE:KAR) Shareholders Will Want The ROCE Trajectory To Continue

Openlane: Buy On Earnings Turnaround And Market Share Gains

Jul 24

There's Reason For Concern Over OPENLANE, Inc.'s (NYSE:KAR) Price

Jul 15
There's Reason For Concern Over OPENLANE, Inc.'s (NYSE:KAR) Price

Is OPENLANE (NYSE:KAR) A Risky Investment?

Jun 06
Is OPENLANE (NYSE:KAR) A Risky Investment?

Some Confidence Is Lacking In OPENLANE, Inc.'s (NYSE:KAR) P/S

Apr 12
Some Confidence Is Lacking In OPENLANE, Inc.'s (NYSE:KAR) P/S

Subdued Growth No Barrier To OPENLANE, Inc.'s (NYSE:KAR) Price

Dec 23
Subdued Growth No Barrier To OPENLANE, Inc.'s (NYSE:KAR) Price

Openlane: Attractive Valuation Warrants A Buy

Nov 15

Does OPENLANE (NYSE:KAR) Have A Healthy Balance Sheet?

Nov 15
Does OPENLANE (NYSE:KAR) Have A Healthy Balance Sheet?

Openlane: Looking Good Under The Hood

Aug 24

These 4 Measures Indicate That OPENLANE (NYSE:KAR) Is Using Debt Reasonably Well

Aug 12
These 4 Measures Indicate That OPENLANE (NYSE:KAR) Is Using Debt Reasonably Well

KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly

May 04
KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly

KAR Auction Non-GAAP EPS of $0.33 beats by $0.16, revenue of $372.8M misses by $6.66M

Feb 21

KAR Auction Services: Cheap Enough To Be Worth The Risk

Jan 18

Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 42%?

Jan 10
Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 42%?

What Does KAR Auction Services, Inc.'s (NYSE:KAR) Share Price Indicate?

Dec 20
What Does KAR Auction Services, Inc.'s (NYSE:KAR) Share Price Indicate?

KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly

Oct 28
KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly

KAR Auction Services: Worth Getting Revved Up Over

Oct 04

These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

Jul 14
These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

KAR Auction Services: 'New' KAR On Offer At A Bargain Price

Jul 13

Is KAR Auction Services (NYSE:KAR) A Risky Investment?

Apr 06
Is KAR Auction Services (NYSE:KAR) A Risky Investment?

Is There An Opportunity With KAR Auction Services, Inc.'s (NYSE:KAR) 22% Undervaluation?

Mar 16
Is There An Opportunity With KAR Auction Services, Inc.'s (NYSE:KAR) 22% Undervaluation?

KAR Auction Services: Sell To Grow

Feb 28

Does KAR Auction Services (NYSE:KAR) Have A Healthy Balance Sheet?

Dec 28
Does KAR Auction Services (NYSE:KAR) Have A Healthy Balance Sheet?

KAR Auction Services: Longer-Term Growth Story Intact Despite Near-Term Headwinds

Sep 28

These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

Sep 24
These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

Why KAR Auction Services, Inc. (NYSE:KAR) Could Be Worth Watching

Sep 06
Why KAR Auction Services, Inc. (NYSE:KAR) Could Be Worth Watching

Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 43%?

Jul 19
Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 43%?

These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

Jun 07
These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively

Revenue & Expenses Breakdown

How OPENLANE makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:KAR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,688214180
30 Jun 241,65694260
31 Mar 241,641-1954310
31 Dec 231,645-1994300
30 Sep 231,627-1784200
30 Jun 231,603-1904210
31 Mar 231,57154340
31 Dec 221,519-124450
30 Sep 221,504-324560
30 Jun 221,458-584510
31 Mar 221,450-614320
31 Dec 211,451-334210
30 Sep 21762-1422860
30 Jun 211,008-753120
31 Mar 211,051-903190
31 Dec 201,327-1003750
30 Sep 202,329215700
30 Jun 202,438265980
31 Mar 202,738806490
31 Dec 192,782926620
30 Sep 192,704926460
30 Jun 192,615896420
31 Mar 192,519996290
31 Dec 182,4431186090
30 Sep 182,7392756330
30 Jun 182,9703076340
31 Mar 183,2053276380
31 Dec 172,2391745320
30 Sep 173,3812356170
30 Jun 173,3282266070
31 Mar 173,2582315990
31 Dec 163,1502225830
30 Sep 163,0702255630
30 Jun 162,9472235450
31 Mar 162,8172215220
31 Dec 152,6912155020
30 Sep 152,5632174870
30 Jun 152,4862124750
31 Mar 152,4132034660
31 Dec 142,4171694710
30 Sep 142,2991015140
30 Jun 142,244775180
31 Mar 142,200595160
31 Dec 132,173684900

Quality Earnings: KAR has high quality earnings.

Growing Profit Margin: KAR became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KAR's earnings have declined by 39% per year over the past 5 years.

Accelerating Growth: KAR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KAR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (15.1%).

Return on Equity

High ROE: KAR's Return on Equity (3.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 16:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OPENLANE, Inc. is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
Manav PatnaikBarclays
Gary PrestopinoBarrington Research Associates, Inc.