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
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 114 % -1.16%
Return On Equity 4.25 %
Return On Assets 1.19 %
Operating Margin 15 % +2705%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 109M shares -0.76%
Common Stock, Shares, Outstanding 109M shares -0.75%
Entity Public Float 1.64B USD -2.82%
Common Stock, Value, Issued 1.1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 109M shares -0.91%
Weighted Average Number of Shares Outstanding, Diluted 109M shares -0.91%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.66B USD +3.27%
Costs and Expenses 1.41B USD -11.8%
Operating Income (Loss) 249M USD +2797%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 94M USD
Income Tax Expense (Benefit) 38.5M USD +206%
Net Income (Loss) Attributable to Parent 56.2M USD
Earnings Per Share, Basic 0.09 USD/shares
Earnings Per Share, Diluted 0.09 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 60.9M USD -74.9%
Accounts Receivable, after Allowance for Credit Loss, Current 292M USD -7.18%
Other Assets, Current 133M USD +33.8%
Assets, Current 2.77B USD -10.1%
Property, Plant and Equipment, Net 160M USD +34.7%
Operating Lease, Right-of-Use Asset 71.5M USD -10.4%
Goodwill 1.26B USD +1.64%
Other Assets, Noncurrent 49.9M USD +2.89%
Assets 4.62B USD -5.71%
Accounts Payable, Current 600M USD -4.06%
Employee-related Liabilities, Current 32.9M USD -4.36%
Liabilities, Current 2.58B USD -2.65%
Deferred Income Tax Liabilities, Net 20.2M USD -8.18%
Operating Lease, Liability, Noncurrent 65.5M USD -12.6%
Other Liabilities, Noncurrent 15.3M USD +139%
Accumulated Other Comprehensive Income (Loss), Net of Tax -50M USD -31.2%
Retained Earnings (Accumulated Deficit) 631M USD +1.89%
Stockholders' Equity Attributable to Parent 1.33B USD -0.47%
Liabilities and Equity 4.62B USD -5.71%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 109M shares -0.75%
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 -8M USD +69.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 129M USD -52.8%
Deferred Tax Assets, Valuation Allowance 63.2M USD +150%
Deferred Tax Assets, Gross 69.5M USD +3.42%
Operating Lease, Liability 81.4M USD -9.76%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 44.3M USD
Lessee, Operating Lease, Liability, to be Paid 104M USD -11.5%
Property, Plant and Equipment, Gross 357M USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.7M USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -1.5M USD -850%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.3M USD -17.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.6M USD -17.7%
Deferred Tax Assets, Operating Loss Carryforwards 19.9M USD +2.05%
Unrecognized Tax Benefits 14.9M USD +157%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10.8M USD -5.26%
Depreciation, Depletion and Amortization 100M USD +2.04%
Deferred Tax Assets, Net of Valuation Allowance 6.3M USD -85%
Share-based Payment Arrangement, Expense 17.7M USD +185%
Interest Expense 156M USD +7.6%