NYSE : OPLN
OPENLANE, Inc. — Financial statements
Consumer Discretionary · Auto & Truck Dealerships · United States
Last price 38.76 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.76B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
OPENLANE, Inc. (OPLN) reported revenue of 2.08B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.08B | 1.93B | 1.79B | 1.70B | 1.53B | 1.45B |
| Cost of Revenue | 1.12B | 1.04B | 956.30M | 867.60M | 834.30M | 792.50M |
| Gross Profit | 951.40M | 892.80M | 832.20M | 828.10M | 694.90M | 658.10M |
| Selling, General & Admin | 463.00M | 436.30M | 397.00M | 414.30M | 436.30M | 420.70M |
| Operating Expenses | 597.80M | 570.40M | 546.50M | 575.00M | 555.10M | 530.60M |
| Operating Income | 353.60M | 322.40M | 285.70M | 253.10M | 139.80M | 127.50M |
| Interest Expense | -137.00M | -128.00M | -145.30M | -155.80M | -119.20M | -125.70M |
| Currency Exchange Gain (Loss) | 1.60M | 9.30M | -5.80M | 2.90M | -2.50M | -3.80M |
| Other Non Operating Income (Expenses) | 3.60M | 4.40M | 2.90M | 4.70M | 10.90M | 7.20M |
| EBT Excluding Unusual Items | 221.80M | 208.10M | 137.50M | 104.90M | 29.00M | 5.20M |
| Merger & Restructuring Charges | -2.00M | |||||
| Impairment of Goodwill | -225.30M | |||||
| Gain (Loss) on Sale of Investments | 1.30M | 400.00K | -10.70M | -7.10M | 33.40M | |
| Gain (Loss) on Sale of Assets | -7.00M | 31.60M | 33.90M | |||
| Asset Writedown | -25.50M | |||||
| Other Unusual Items | -8.90M | -8.90M | -11.60M | 12.10M | -17.20M | -24.30M |
| Pretax Income | 214.20M | 192.20M | 157.90M | -146.50M | 38.60M | 14.30M |
| Income Tax Expense | 13.60M | 14.50M | 48.00M | 8.30M | 10.00M | 15.10M |
| Earnings From Continuing Operations | 200.60M | 177.70M | 109.90M | -154.80M | 28.60M | -800.00K |
| Earnings From Discontinued Operations | 700.00K | 212.60M | 67.30M | |||
| Net Income | 200.60M | 177.70M | 109.90M | -154.10M | 241.20M | 66.50M |
| Preferred Dividends & Other Adjustments | 264.50M | 280.80M | 60.70M | 44.40M | 40.20M | 32.10M |
| Net Income to Common | -63.90M | -103.10M | 49.20M | -198.50M | 201.00M | 34.40M |
| Shares Outstanding (Basic) | 108.55M | 106.90M | 108.00M | 109.10M | 116.30M | 123.00M |
| Shares Outstanding (Diluted) | 108.55M | 106.90M | 109.20M | 109.10M | 116.30M | 123.00M |
| EPS (Basic) | -0.59 | -0.96 | 0.46 | -1.82 | 1.73 | 0.28 |
| EPS (Diluted) | -0.59 | -0.96 | 0.45 | -1.82 | 1.73 | 0.28 |
| Free Cash Flow | 353.90M | 336.50M | 238.40M | 183.40M | -503.50M | 364.60M |
| Free Cash Flow Per Share | 3.26 | 3.15 | 2.18 | 1.68 | -4.33 | 2.96 |
| Gross Margin | 45.85% | 46.15% | 46.53% | 48.84% | 45.44% | 45.37% |
| Operating Margin | 17.04% | 16.67% | 15.97% | 14.93% | 9.14% | 8.79% |
| Profit Margin | -3.08% | -5.33% | 2.75% | -11.71% | 13.14% | 2.37% |
| Free Cash Flow Margin | 17.05% | 17.39% | 13.33% | 10.82% | -32.93% | 25.13% |
| EBITDA | 444.80M | 414.10M | 380.90M | 354.60M | 240.00M | 237.40M |
| EBITDA Margin | 21.43% | 21.41% | 21.30% | 20.91% | 15.69% | 16.37% |
| D&A For EBITDA | 91.20M | 91.70M | 95.20M | 101.50M | 100.20M | 109.90M |
| EBIT | 353.60M | 322.40M | 285.70M | 253.10M | 139.80M | 127.50M |
| EBIT Margin | 17.04% | 16.67% | 15.97% | 14.93% | 9.14% | 8.79% |
| Effective Tax Rate | 6.35% | 7.54% | 30.40% | 25.91% | 105.59% | |
| Revenue as Reported | 2.08B | 1.93B | 1.79B | 1.70B | 1.53B | 1.45B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 189.70M | 141.50M | 143.00M | 93.50M | 225.70M | 177.60M |
| Cash & Short-Term Investments | 189.70M | 141.50M | 143.00M | 93.50M | 225.70M | 177.60M |
| Receivables | 3.01B | 2.74B | 2.57B | 2.57B | 2.67B | 2.89B |
| Restricted Cash | 28.10M | 43.90M | 40.70M | 65.40M | 52.00M | 25.80M |
| Other Current Assets | 98.40M | 86.70M | 96.90M | 109.20M | 78.90M | 301.10M |
| Total Current Assets | 3.33B | 3.01B | 2.85B | 2.84B | 3.02B | 3.39B |
| Property, Plant & Equipment | 153.90M | 162.10M | 216.40M | 245.70M | 208.40M | 238.20M |
| Long-Term Investments | 30.10M | 29.10M | ||||
| Goodwill | 1.24B | 1.24B | 1.22B | 1.27B | 1.46B | 1.60B |
| Other Intangible Assets | 229.40M | 245.50M | 278.50M | 317.60M | 367.20M | 402.40M |
| Other Long-Term Assets | 28.40M | 32.50M | 53.00M | 49.90M | 57.30M | 1.82B |
| Total Assets | 5.01B | 4.72B | 4.62B | 4.73B | 5.12B | 7.45B |
| Accounts Payable | 802.90M | 665.80M | 547.60M | 556.60M | 551.20M | 785.30M |
| Accrued Expenses | 138.80M | 143.20M | 112.80M | 114.00M | 106.40M | 130.10M |
| Short-Term Debt | 1.89B | 1.76B | 1.68B | 1.65B | 1.68B | 1.69B |
| Current Portion of Long-Term Debt | 5.50M | 5.50M | 201.80M | 137.00M | 285.00M | 16.30M |
| Current Portion of Leases | 9.70M | 11.70M | 11.90M | 12.40M | 15.70M | |
| Current Income Taxes Payable | 15.90M | 21.40M | 10.60M | 9.80M | 6.90M | 7.90M |
| Other Current Liabilities | 100.00K | 361.70M | ||||
| Total Current Liabilities | 2.85B | 2.60B | 2.57B | 2.48B | 2.64B | 3.01B |
| Long-Term Debt | 529.20M | 530.10M | 202.40M | 205.30M | 1.86B | |
| Long-Term Leases | 50.80M | 53.00M | 60.40M | 70.40M | 80.60M | 91.10M |
| Long-Term Deferred Tax Liabilities | 500.00K | 600.00K | 24.40M | 20.90M | 54.00M | 138.40M |
| Other Long-Term Liabilities | 4.50M | 6.20M | 16.80M | 14.30M | 5.90M | 250.80M |
| Total Liabilities | 3.44B | 3.19B | 2.67B | 2.79B | 2.99B | 5.35B |
| Common Stock | 1.20M | 1.10M | 1.10M | 1.10M | 1.10M | 1.20M |
| Additional Paid-In Capital | 956.00M | 692.80M | 720.90M | 738.20M | 743.80M | 910.80M |
| Retained Earnings | 671.30M | 586.70M | 689.80M | 624.40M | 822.90M | 625.70M |
| Comprehensive Income & Other | -57.30M | -39.90M | -69.10M | -36.70M | -49.50M | -24.70M |
| Total Common Equity | 1.57B | 1.24B | 1.34B | 1.33B | 1.52B | 1.51B |
| Shareholders' Equity | 1.57B | 1.53B | 1.96B | 1.94B | 2.13B | 2.10B |
| Total Liabilities & Equity | 5.01B | 4.72B | 4.62B | 4.73B | 5.12B | 7.45B |
| Total Debt | 2.47B | 2.36B | 1.95B | 2.07B | 2.26B | 3.67B |
| Net Cash (Debt) | -2.28B | -2.22B | -1.81B | -1.98B | -2.04B | -3.50B |
| Net Cash Per Share | -21.03 | -20.72 | -16.59 | -18.13 | -17.53 | -28.41 |
| Filing Date Shares Outstanding | 122.80M | 106.30M | 106.91M | 108.05M | 108.92M | 121.18M |
| Total Common Shares Outstanding | 122.93M | 106.18M | 106.85M | 108.04M | 108.91M | 121.16M |
| Working Capital | 478.30M | 407.70M | 286.00M | 363.10M | 379.20M | 382.50M |
| Book Value Per Share | 12.78 | 11.69 | 12.57 | 12.28 | 13.94 | 12.49 |
| Tangible Book Value | 105.70M | -248.30M | -158.70M | -261.80M | -313.40M | -487.40M |
| Tangible Book Value Per Share | 0.86 | -2.34 | -1.49 | -2.42 | -2.88 | -4.02 |
| Land | 39.40M | 77.90M | 84.80M | 40.10M | 50.20M | |
| Buildings | 85.80M | 88.00M | 92.90M | 83.00M | 87.30M | |
| Machinery | 85.30M | 109.10M | 144.90M | 159.60M | 165.60M | |
| Construction In Progress | 2.70M | 3.10M | 1.80M | 5.40M | 7.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 200.60M | 177.70M | 109.90M | -154.10M | 241.20M | 66.50M |
| Depreciation & Amortization | 91.20M | 91.70M | 95.20M | 101.50M | 100.20M | 109.90M |
| Other Amortization | 9.30M | 8.90M | 9.10M | 8.70M | 10.70M | 12.10M |
| Loss (Gain) From Sale of Assets | 7.00M | -31.60M | -33.90M | |||
| Asset Writedown & Restructuring Costs | 250.80M | |||||
| Loss (Gain) From Sale of Investments | 10.30M | 7.10M | -1.40M | |||
| Stock-Based Compensation | 26.70M | 14.60M | 14.70M | 16.50M | 16.60M | 13.20M |
| Provision & Write-off of Bad Debts | 43.60M | 42.40M | 54.30M | 59.20M | 18.60M | 7.20M |
| Other Operating Activities | -30.30M | -31.50M | 1.40M | -29.70M | -682.40M | -36.50M |
| Change in Accounts Receivable | -100.90M | -69.10M | 44.40M | -66.00M | 107.70M | -81.00M |
| Change in Accounts Payable | 169.90M | 150.20M | -4.60M | 39.80M | -240.80M | 143.90M |
| Operating Cash Flow | 410.10M | 391.90M | 291.40M | 235.40M | -442.60M | 428.80M |
| Capital Expenditures | -56.20M | -55.40M | -53.00M | -52.00M | -60.90M | -64.20M |
| Sale of Property, Plant & Equipment | 42.40M | 900.00K | 300.00K | 39.80M | ||
| Cash Acquisitions | -103.00M | -400.00K | -521.80M | |||
| Divestitures | 79.80M | 2.20M | ||||
| Investment in Securities | 300.00K | -700.00K | -1.90M | -1.30M | -6.40M | 16.00M |
| Other Investing Activities | 7.70M | 2.08B | -32.20M | |||
| Investing Cash Flow | -362.90M | -149.00M | -70.90M | -83.50M | 2.15B | -1.22B |
| Short-Term Debt Issued | 82.40M | 50.30M | 1.50M | 424.40M | ||
| Long-Term Debt Issued | 547.30M | 5.90M | 141.90M | |||
| Total Debt Issued | 718.00M | 629.70M | 50.30M | 5.90M | 143.40M | 424.40M |
| Short-Term Debt Repaid | -5.90M | -58.20M | -5.70M | -8.00M | ||
| Long-Term Debt Repaid | -234.20M | -132.60M | -1.90M | -932.50M | -23.10M | |
| Total Debt Repaid | -9.70M | -240.10M | -132.60M | -60.10M | -938.20M | -31.10M |
| Net Debt Issued (Repaid) | 708.30M | 389.60M | -82.30M | -54.20M | -794.80M | 393.30M |
| Issuance of Common Stock | 16.60M | 9.60M | 1.40M | 2.70M | 1.40M | 31.50M |
| Repurchase of Common Stock | -653.30M | -611.60M | -33.50M | -24.80M | -184.90M | -183.10M |
| Preferred Dividends Paid | -21.70M | -38.60M | -44.40M | -44.40M | -22.20M | |
| Dividends Paid | -21.70M | -38.60M | -44.40M | -44.40M | -22.20M | |
| Other Financing Activities | -6.50M | -6.90M | -15.10M | -159.20M | -610.60M | -31.30M |
| Financing Cash Flow | 37.80M | -257.90M | -173.90M | -279.90M | -1.61B | 210.40M |
| Foreign Exchange Rate Adjustments | -16.00M | 16.70M | -21.80M | 9.20M | -19.40M | -1.50M |
| Net Cash Flow | 69.00M | 1.70M | 24.80M | -118.80M | 74.30M | -580.90M |
| Free Cash Flow | 353.90M | 336.50M | 238.40M | 183.40M | -503.50M | 364.60M |
| Free Cash Flow Margin | 17.05% | 17.39% | 13.33% | 10.82% | -32.93% | 25.13% |
| Free Cash Flow Per Share | 3.26 | 3.15 | 2.18 | 1.68 | -4.33 | 2.96 |
| Levered Free Cash Flow | 26.38M | 179.10M | 184.25M | 199.71M | -123.53M | -352.98M |
| Unlevered Free Cash Flow | 102.70M | 250.20M | 265.96M | 288.39M | -59.73M | -286.51M |
| Cash Interest Paid | 123.90M | 115.40M | 140.70M | 145.20M | 106.40M | 112.70M |
| Cash Income Tax Paid | 52.30M | 40.40M | 36.60M | 35.80M | 25.60M | 24.80M |
| Change in Working Capital | 69.00M | 81.10M | 39.80M | -26.20M | -133.10M | 62.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.79B | 3.16B | 2.12B | 1.60B | 1.42B | 1.89B |
| Enterprise Value | 7.07B | 5.55B | 4.46B | 4.11B | 4.15B | 5.43B |
| Last Close Price | 39.01 | 29.78 | 19.84 | 14.81 | 13.05 | 15.62 |
| PE Ratio | 43.09 | 7.07 | 55.01 | |||
| Forward PE | 24.83 | 22.28 | 20.69 | 20.17 | 17.82 | 25.73 |
| PS Ratio | 2.31 | 1.64 | 1.19 | 0.94 | 0.93 | 1.30 |
| PB Ratio | 3.05 | 2.07 | 1.08 | 0.82 | 0.67 | 0.90 |
| P/FCF Ratio | 13.54 | 9.40 | 8.89 | 8.72 | 5.19 | |
| P/OCF Ratio | 11.68 | 8.07 | 7.28 | 6.80 | 4.41 | |
| PEG Ratio | 2.01 | 1.71 | 1.89 | 0.91 | 0.81 | 1.24 |
| EV/Sales Ratio | 3.41 | 2.87 | 2.49 | 2.43 | 2.71 | 3.75 |
| EV/EBITDA Ratio | 15.90 | 13.39 | 11.71 | 11.60 | 17.30 | 22.89 |
| EV/EBIT Ratio | 20.00 | 17.20 | 15.61 | 16.25 | 29.70 | 42.62 |
| EV/FCF Ratio | 19.99 | 16.48 | 18.71 | 22.43 | 14.90 | |
| Debt / Equity Ratio | 1.57 | 1.54 | 1.00 | 1.07 | 1.06 | 1.75 |
| Debt / EBITDA Ratio | 5.37 | 5.48 | 4.93 | 5.59 | 8.79 | 14.35 |
| Debt / FCF Ratio | 6.99 | 7.00 | 8.20 | 11.29 | 10.07 | |
| Net Debt / Equity Ratio | 1.45 | 1.45 | 0.93 | 1.02 | 0.96 | 1.66 |
| Net Debt / EBITDA Ratio | 5.13 | 5.35 | 4.76 | 5.58 | 8.49 | 14.72 |
| Net Debt / FCF Ratio | 6.45 | 6.58 | 7.60 | 10.78 | -4.05 | 9.59 |
| Asset Turnover | 0.43 | 0.41 | 0.38 | 0.34 | 0.24 | 0.20 |
| Quick Ratio | 1.12 | 1.11 | 1.06 | 1.08 | 1.09 | 1.02 |
| Current Ratio | 1.17 | 1.16 | 1.11 | 1.15 | 1.14 | 1.13 |
| Return on Equity (ROE) | 11.15% | 10.20% | 5.64% | -7.61% | 1.35% | -0.04% |
| Return on Assets (ROA) | 4.58% | 4.31% | 3.82% | 3.21% | 1.39% | 1.12% |
| Return on Invested Capital (ROIC) | 8.81% | 7.94% | 5.17% | 6.26% | 2.12% | -0.14% |
| Return on Capital Employed (ROCE) | 16.40% | 15.20% | 13.90% | 11.30% | 5.60% | 2.90% |
| Earnings Yield | -1.51% | 5.62% | 5.18% | -9.63% | 16.97% | 3.51% |
| FCF Yield | 7.39% | 10.63% | 11.25% | 11.46% | -35.43% | 19.27% |
| Payout Ratio | 21.72% | 40.40% | 9.20% | |||
| Buyback Yield / Dilution | 0.23% | 2.11% | -0.09% | 6.19% | 5.45% | 4.87% |
| Total Shareholder Return | 0.23% | 2.11% | -0.09% | 6.19% | 5.45% | 4.87% |