| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.88B | 1.79B | 1.65B | 1.52B | 2.25B | 2.19B |
| Gross Profit | 739.30M | 832.20M | 777.50M | 685.10M | 951.70M | 902.90M |
| EBITDA | 259.20M | 274.90M | 110.80M | 258.00M | 237.40M | 325.60M |
| Net Income | 151.00M | 109.90M | -154.10M | 28.60M | 66.50M | 500.00K |
Balance Sheet | ||||||
| Total Assets | 4.64B | 4.62B | 4.73B | 5.12B | 7.42B | 6.80B |
| Cash, Cash Equivalents and Short-Term Investments | 119.10M | 143.00M | 93.50M | 225.70M | 190.00M | 752.10M |
| Total Debt | 56.80M | 282.90M | 427.40M | 573.70M | 2.18B | 2.22B |
| Total Liabilities | 3.22B | 3.28B | 3.40B | 2.99B | 5.31B | 4.63B |
| Stockholders Equity | 1.42B | 1.34B | 1.94B | 2.13B | 2.10B | 2.17B |
Cash Flow | ||||||
| Free Cash Flow | 298.40M | 238.40M | 183.40M | -473.40M | 304.70M | 283.00M |
| Operating Cash Flow | 348.00M | 292.80M | 235.40M | -412.50M | 413.20M | 384.40M |
| Investing Cash Flow | -106.20M | -70.90M | -83.50M | 2.14B | -1.22B | -326.60M |
| Financing Cash Flow | -226.30M | -173.90M | -279.90M | -1.61B | 210.40M | 194.80M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $2.87B | 36.43 | 6.27% | ― | 11.45% | 741.65% | |
| ― | $675.90M | 17.91 | 8.37% | ― | 0.68% | 67.41% | |
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | $717.92M | -1.11 | -31.61% | ― | 348.38% | -1821.85% | |
| ― | $1.64B | ― | -14.18% | ― | 30.08% | 21.11% | |
| ― | $548.41M | -13.43 | ― | ― | ― | ― | |
| ― | $135.76M | ― | -45.88% | ― | -90.19% | 79.52% |
On October 8, 2025, OPENLANE, Inc. announced the completion of its repurchase of 53% of its Series A Convertible Preferred Stock. This was financed by amending its existing Credit Agreement with an additional $550 million in secured term loans. The financing was oversubscribed, allowing the company to secure favorable terms, which underscores the strong market demand and confidence in OPENLANE’s asset-light digital marketplace model. The move is part of OPENLANE’s strategy to enhance long-term shareholder value and positions the company for continued growth.
The most recent analyst rating on (KAR) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on OPENLANE stock, see the KAR Stock Forecast page.
On September 9, 2025, OPENLANE, Inc. announced definitive agreements to repurchase 53% of its Series A Convertible Preferred Stock, initially issued in June 2020, for approximately $559 million. This strategic move will significantly reduce the preferred shares held by Apax Partners and Periphas Capital, enhancing OPENLANE’s market position and attractiveness to investors by leveraging its asset-light, digital operating model. The transactions are expected to close between September 30 and October 20, 2025, marking a pivotal step in OPENLANE’s growth and transformation journey.
The most recent analyst rating on (KAR) stock is a Buy with a $32.50 price target. To see the full list of analyst forecasts on OPENLANE stock, see the KAR Stock Forecast page.
OPENLANE, Inc., a leader in the global wholesale used vehicle industry, offers technology-driven remarketing solutions that streamline transactions for buyers and sellers worldwide. The company recently reported its second quarter 2025 financial results, showcasing significant growth across various metrics. OPENLANE’s second quarter saw a 21% year-over-year increase in marketplace dealer volume and a 10% rise in Gross Merchandise Value (GMV) to $7.5 billion. The company’s revenue grew by 9% to $482 million, driven by a 24% increase in auction fee revenue. Additionally, income from continuing operations surged by 212% to $33 million, while adjusted EBITDA rose by 21% to $87 million. Cash flow from operating activities increased by 91% to $72 million, and adjusted free cash flow grew by 34% to $87 million. OPENLANE’s management highlighted the scalability of their digital operating model, with the marketplace segment now contributing 51% to consolidated adjusted EBITDA. The company also raised its full-year guidance for adjusted EBITDA and operating adjusted EPS, reflecting confidence in sustained growth and profitability. Looking ahead, OPENLANE is well-positioned to capitalize on the industry’s shift from physical to digital platforms and anticipates increased off-lease supply starting in 2026.
The recent earnings call for OPENLANE’s second quarter of 2025 painted a positive picture, showcasing a robust performance with notable growth in revenue, adjusted EBITDA, and dealer-to-dealer volumes. The company has successfully enhanced its financial standing by reducing debt and elevating its guidance for the year. Although challenges such as declining commercial vehicle volumes, rising SG&A expenses, and potential tariff impacts pose some risks, the positive aspects of the report significantly overshadow these concerns.