OPENLANE, Inc.KAR

Market cap

$3.1B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	97	109	192	153	155	202	317	337	508	752	190	226	94	143
Restricted cash	8	12	19	17	16	18	19	28	53	60	26	52	65	41
Trade receivables, net of allowances of $6.7 and $9.9	297	342	354	401	512	683	726	766	458	367	527	271	292	248
Finance receivables, net of allowances of $19.8 and $23.0	133	996	1,100	1,363	1,632	1,780	1,900	2,001	2,100	1,889	2,506	2,395	2,282	2,323
Other current assets	59	87	91	100	131	158	176	183	126	107	110	79	109	97
Total current assets	1,373	1,581	1,792	2,075	2,446	2,841	3,137	3,314	3,245	3,175	3,358	3,022	2,842	2,852
Goodwill	1,680	1,680	1,705	1,705	1,796	2,057	2,192	2,214	1,822	2,140	2,578	1,465	1,271	1,223
Finite-Lived Intangible Assets, Net	694	619	570	484	418	461	376	302	208	211	243	136	136	118
Other Intangible Assets, Net	306	305	307	306	311	320	351	359	299	290	276	231	182	161
Operating lease right-of-use assets	-	-	-	-	-	-	-	-	364	351	326	85	76	67
Property, Plant and Equipment, Net	687	701	704	728	767	843	908	976	609	590	579	124	170	149
Other assets	11	12	12	36	34	36	21	41	36	41	56	57	50	53
Total other assets	2,719	2,640	2,632	2,549	2,579	2,874	2,939	2,916	2,728	3,623	4,059	2,097	1,884	1,771
Total assets	4,779	4,922	5,127	5,352	5,792	6,558	6,984	7,206	6,581	6,798	7,417	5,120	4,726	4,622
Accounts payable	368	388	436	472	608	649	683	820	705	689	1,024	551	557	548
Employee-related Liabilities, Current	58	64	64	78	91	101	104	103	73	81	60	32	41	37
Accrued interest	2	2	0	0	1	2	7	8	8	7	6	8	10	7
Other accrued expenses	72	76	93	114	128	149	172	186	217	185	170	79	75	81
Income taxes payable	1	1	2	6	5	5	6	3	1	3	8	7	10	11
Obligations collateralized by finance receivables	610	713	772	865	1,201	1,280	1,358	1,445	1,461	1,261	1,692	1,678	1,632	1,660
Long-Term Debt, Current Maturities	86	44	33	18	154	105	12	13	29	24	16	289	155	223
Total current liabilities	1,196	1,287	1,435	1,591	2,226	2,335	2,389	2,625	2,518	2,251	2,976	2,643	2,479	2,566
Long-term debt	1,817	1,775	1,735	1,737	1,719	2,365	2,668	2,654	1,861	1,854	1,850	205	202	-
Deferred income tax liabilities	-	-	-	-	-	-	-	-	-	129	138	54	21	24
Operating lease liabilities	-	-	-	-	-	-	-	-	358	344	317	80	70	60
Other liabilities	99	99	121	144	160	169	250	275	59	55	32	7	14	17
Total non-current liabilities	2,240	2,192	2,211	2,214	2,180	2,825	3,110	3,117	2,413	2,382	2,338	346	308	102
Series A convertible preferred stock (Note 15)	-	-	-	-	-	-	-	-	-	550	591	613	613	613
Common Stock, Value, Issued	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital	1,406	1,434	1,534	1,594	1,408	1,371	1,252	1,132	1,029	1,047	911	744	738	721
Retained earnings	-93	-27	-72	-46	17	74	257	392	651	601	626	823	624	690
Accumulated other comprehensive loss	28	35	19	-2	-40	-49	-25	-61	-31	-33	-25	-49	-37	-69
Total stockholders' equity	1,343	1,444	1,482	1,547	1,386	1,397	1,485	1,464	1,650	1,616	1,513	1,518	1,327	1,343
Total liabilities, temporary equity and stockholders' equity	4,779	4,922	5,127	5,352	5,792	6,558	6,984	7,206	6,581	6,798	7,417	5,120	4,726	4,622