Openlane Inc. (KAR) Company Profile & Statistics

Openlane Inc.
KAR
(NYSE)
Closed
19.85
+0.28 (+1.43%)
in:usd•As of: Nov 15, 2024 15:59 UTC -5
Pre Market:0+0.00 (0.00%)
Open
19.60
High
19.93
Low
19.42

About Openlane Inc.

CEO

Peter J. Kelly

Headquarters

11299 n. illinois street

carmel, in 46032, united states

Auditor

KPMG LLP

Employees

4,500

Share Holders

Website

corporate.openlane.com

Industry

miscellaneous commercial services

Sector

commercial services

Company Overview

OPENLANE Inc. provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. OPENLANE Inc., formerly known as KAR Auction Services Inc., is based in CARMEL, Ind.

Openlane Inc. Statistics

Valuation Measures

Market Capitalization ²	2.12B
Enterprise Value	2.23B
Enterprise Value/EBITDA (ttm)	6.15
Price to Earnings Ratio (ttm)	24.83
Price to Book (mrq)	1.60
Price to Sales (ttm)	1.26
Price to Cash (ytd)	10.03

Profitability

Gross Margin (ttm)	45.78%
Operating Margin (ttm)	6.82%
Profit Margin (ttm)	4.17%
Return on Equity (ttm)	8.67%
Return on Invested Capital (ttm)	5.04%
Return on Assets (ttm)	2.45%

Income Statement

Revenue (ttm)	1.69B
Revenue Per Share (ttm)	15.80
Gross Profit (ttm)	771.20M
EBITDA (ttm)³	362.30M
Net Income Avi to Common (ttm)	68.00M
Diluted EPS (ttm)	0.26

Share Statistics

Beta (5Y Monthly)	1.44
52-Week Change	34.30%
S&P500 52-Week Change	29.10%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	106.84M
Dividend Yield	0.00%
Float ⁴	104.36M
% Held by Insiders	2.32%
% Held by Institutions	99.76%

Balance Sheet

Total Cash (mrq)	160.60M
Total Cash Per Share (mrq)	1.50
Total Debt (mrq)	267.80M
Total Debt/Equity (mrq)	20.18%
Current Ratio (mrq)	1.08%
Quick Ratio (mrq)	1.08%
Book Value Per Share (mrq)	12.42

Cash Flow

Operating Cash Flow Per Share (ytd)	2.37
Free Cash Flow (ytd)	220.60M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Openlane Inc.

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