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 11.4% 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 Growth | 8.5% |
| Revenue growth rate | -9.8% |
| Return on equity | 3.7% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
OPENLANE, Inc.'s (NYSE:KAR) Share Price Matching Investor Opinion
Nov 04
OPENLANE (NYSE:KAR) Shareholders Will Want The ROCE Trajectory To Continue
Aug 11Openlane: Buy On Earnings Turnaround And Market Share Gains
Jul 24There's Reason For Concern Over OPENLANE, Inc.'s (NYSE:KAR) Price
Jul 15Is OPENLANE (NYSE:KAR) A Risky Investment?
Jun 06Some Confidence Is Lacking In OPENLANE, Inc.'s (NYSE:KAR) P/S
Apr 12Subdued Growth No Barrier To OPENLANE, Inc.'s (NYSE:KAR) Price
Dec 23Openlane: Attractive Valuation Warrants A Buy
Nov 15Does OPENLANE (NYSE:KAR) Have A Healthy Balance Sheet?
Nov 15Openlane: Looking Good Under The Hood
Aug 24These 4 Measures Indicate That OPENLANE (NYSE:KAR) Is Using Debt Reasonably Well
Aug 12KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly
May 04KAR Auction Non-GAAP EPS of $0.33 beats by $0.16, revenue of $372.8M misses by $6.66M
Feb 21KAR Auction Services: Cheap Enough To Be Worth The Risk
Jan 18Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 42%?
Jan 10What Does KAR Auction Services, Inc.'s (NYSE:KAR) Share Price Indicate?
Dec 20KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly
Oct 28KAR Auction Services: Worth Getting Revved Up Over
Oct 04These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Jul 14KAR Auction Services: 'New' KAR On Offer At A Bargain Price
Jul 13Is KAR Auction Services (NYSE:KAR) A Risky Investment?
Apr 06Is There An Opportunity With KAR Auction Services, Inc.'s (NYSE:KAR) 22% Undervaluation?
Mar 16KAR Auction Services: Sell To Grow
Feb 28Does KAR Auction Services (NYSE:KAR) Have A Healthy Balance Sheet?
Dec 28KAR Auction Services: Longer-Term Growth Story Intact Despite Near-Term Headwinds
Sep 28These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Sep 24Why KAR Auction Services, Inc. (NYSE:KAR) Could Be Worth Watching
Sep 06Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 43%?
Jul 19These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Jun 07KAR Auction Q1 2021 Earnings Preview
May 03Revenue & 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,688 | 21 | 418 | 0 |
| 30 Jun 24 | 1,656 | 9 | 426 | 0 |
| 31 Mar 24 | 1,641 | -195 | 431 | 0 |
| 31 Dec 23 | 1,645 | -199 | 430 | 0 |
| 30 Sep 23 | 1,627 | -178 | 420 | 0 |
| 30 Jun 23 | 1,603 | -190 | 421 | 0 |
| 31 Mar 23 | 1,571 | 5 | 434 | 0 |
| 31 Dec 22 | 1,519 | -12 | 445 | 0 |
| 30 Sep 22 | 1,504 | -32 | 456 | 0 |
| 30 Jun 22 | 1,458 | -58 | 451 | 0 |
| 31 Mar 22 | 1,450 | -61 | 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 |
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 (14.8%).
Return on Equity
High ROE: KAR's Return on Equity (3.7%) is considered low.