OPENLANE, Inc. financial data

Symbol
KAR on NYSE
Industry
Retail-Auto Dealers & Gasoline Stations
Location
11299 N. Illinois Street, Carmel, Indiana
State of incorporation
Delaware
Fiscal year end
December 31
Former names
KAR Auction Services, Inc. (to 5/12/2023), KAR Holdings, Inc. (to 10/28/2009)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 116 % +1.75%
Return On Equity -11.2 % -168%
Return On Assets -3.09 % -166%
Operating Margin -0.07 % -100%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 108 M shares -0.83%
Common Stock, Shares, Outstanding 108 M shares -0.81%
Entity Public Float 1.64 B USD -2.82%
Common Stock, Value, Issued 1.1 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 108 M shares -0.92%
Weighted Average Number of Shares Outstanding, Diluted 109 M shares -0.64%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.64 B USD +4.47%
Costs and Expenses 1.64 B USD +22.1%
Operating Income (Loss) -1.2 M USD -101%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -137 M USD -291%
Income Tax Expense (Benefit) 11.7 M USD -46.8%
Net Income (Loss) Attributable to Parent -148 M USD -158%
Earnings Per Share, Basic -1.78 USD/shares -227%
Earnings Per Share, Diluted -1.78 USD/shares -227%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 105 M USD -52.1%
Accounts Receivable, after Allowance for Credit Loss, Current 391 M USD +14.9%
Other Assets, Current 124 M USD +26.9%
Assets, Current 2.96 B USD -3.8%
Property, Plant and Equipment, Net 164 M USD +35.8%
Operating Lease, Right-of-Use Asset 73 M USD -11.6%
Goodwill 1.27 B USD -13.7%
Other Assets, Noncurrent 50 M USD +12.1%
Assets 4.82 B USD -6.4%
Accounts Payable, Current 744 M USD +8.82%
Employee-related Liabilities, Current 22.6 M USD -6.61%
Liabilities, Current 2.57 B USD -3.48%
Deferred Income Tax Liabilities, Net 19.3 M USD -63.5%
Operating Lease, Liability, Noncurrent 67.4 M USD -13%
Other Liabilities, Noncurrent 14.8 M USD +121%
Accumulated Other Comprehensive Income (Loss), Net of Tax -46.2 M USD +1.91%
Retained Earnings (Accumulated Deficit) 632 M USD -23.4%
Stockholders' Equity Attributable to Parent 1.33 B USD -12.8%
Liabilities and Equity 4.82 B USD -6.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 400 M shares 0%
Common Stock, Shares, Issued 108 M shares -0.81%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8 M USD +69.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 151 M USD -40.1%
Deferred Tax Assets, Valuation Allowance 63.2 M USD +150%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 69.5 M USD +3.42%
Operating Lease, Liability 81.4 M USD -9.76%
Depreciation 13.8 M USD -16.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -147 M USD -167%
Lessee, Operating Lease, Liability, to be Paid 104 M USD -11.5%
Property, Plant and Equipment, Gross 357 M USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.7 M USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -1.5 M USD -850%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.3 M USD -17.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.6 M USD -17.7%
Deferred Tax Assets, Operating Loss Carryforwards 19.9 M USD +2.05%
Deferred Federal Income Tax Expense (Benefit) -29.4 M USD -914%
Current Income Tax Expense (Benefit) 38.1 M USD +210%
Unrecognized Tax Benefits 14.9 M USD +157%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10.8 M USD -5.26%
Operating Lease, Payments 15.9 M USD -9.14%
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 22.1 M USD
Amortization of Intangible Assets 87.7 M USD +4.9%
Depreciation, Depletion and Amortization 103 M USD +5.76%
Deferred Tax Assets, Net of Valuation Allowance 6.3 M USD -85%
Share-based Payment Arrangement, Expense 19.5 M USD +28.3%
Deferred State and Local Income Tax Expense (Benefit) -3.6 M USD -1100%
Interest Expense 157 M USD +19.2%