KAR: Openlane Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Openlane Inc (KAR).
$2.12B Market Cap.
KAR Market Cap. (MRY)
KAR Shares Outstanding (MRY)
KAR Assets (MRY)
Total Assets
$4.62B
Total Liabilities
$3.28B
Total Investments
$0
KAR Income (MRY)
Revenue
$1.79B
Net Income
$109.90M
Operating Expense
$526.50M
KAR Cash Flow (MRY)
CF Operations
$291.40M
CF Investing
-$70.90M
CF Financing
-$173.90M
KAR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $4,622,300,000 (-2.20%) | $4,726,300,000 (-7.69%) | $5,119,800,000 (-31.28%) | $7,450,700,000 (9.60%) |
Assets Current | $2,851,500,000 (0.34%) | $2,841,900,000 (-5.97%) | $3,022,400,000 (-10.89%) | $3,391,800,000 (6.82%) |
Assets Non-Current | $1,770,800,000 (-6.03%) | $1,884,400,000 (-10.16%) | $2,097,400,000 (-48.33%) | $4,058,900,000 (12.03%) |
Goodwill & Intangible Assets | $1,501,400,000 (-5.50%) | $1,588,800,000 (-13.26%) | $1,831,700,000 (-8.43%) | $2,000,400,000 (-24.28%) |
Shareholders Equity | $1,342,700,000 (1.18%) | $1,327,000,000 (-12.60%) | $1,518,300,000 (0.35%) | $1,513,000,000 (-6.36%) |
Property Plant & Equipment Net | $216,400,000 (-11.93%) | $245,700,000 (17.90%) | $208,400,000 (-12.51%) | $238,200,000 (-74.67%) |
Cash & Equivalents | $183,700,000 (15.61%) | $158,900,000 (-42.78%) | $277,700,000 (36.53%) | $203,400,000 (-74.96%) |
Accumulated Other Comprehensive Income | -$69,100,000 (-88.28%) | -$36,700,000 (25.86%) | -$49,500,000 (-100.40%) | -$24,700,000 (24.46%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $2,570,900,000 (-0.11%) | $2,573,800,000 (-3.45%) | $2,665,800,000 (-7.67%) | $2,887,300,000 (27.97%) |
Trade & Non-Trade Payables | $547,600,000 (-1.62%) | $556,600,000 (0.98%) | $551,200,000 (-29.81%) | $785,300,000 (13.99%) |
Accumulated Retained Earnings (Deficit) | $689,800,000 (10.47%) | $624,400,000 (-24.12%) | $822,900,000 (31.52%) | $625,700,000 (4.16%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $35,000,000 (14.01%) | $30,700,000 (-49.59%) | $60,900,000 (-58.37%) | $146,300,000 (11.00%) |
Total Debt | $282,900,000 (-33.81%) | $427,400,000 (-25.50%) | $573,700,000 (-70.64%) | $1,954,100,000 (-12.07%) |
Debt Current | $222,500,000 (43.92%) | $154,600,000 (-46.45%) | $288,700,000 (1671.17%) | $16,300,000 (-32.92%) |
Debt Non-Current | $60,400,000 (-77.86%) | $272,800,000 (-4.28%) | $285,000,000 (-85.29%) | $1,937,800,000 (-11.84%) |
Total Liabilities | $3,279,600,000 (-3.52%) | $3,399,300,000 (-5.61%) | $3,601,500,000 (-39.35%) | $5,937,700,000 (14.57%) |
Liabilities Current | $2,565,500,000 (3.50%) | $2,478,800,000 (-6.22%) | $2,643,200,000 (-12.17%) | $3,009,300,000 (33.71%) |
Liabilities Non-Current | $714,100,000 (-22.42%) | $920,500,000 (-3.94%) | $958,300,000 (-67.28%) | $2,928,400,000 (-0.12%) |
KAR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,788,500,000 (5.47%) | $1,695,700,000 (10.89%) | $1,529,200,000 (5.42%) | $1,450,600,000 (9.32%) |
Cost of Revenue | $956,300,000 (10.22%) | $867,600,000 (3.99%) | $834,300,000 (5.27%) | $792,500,000 (6.48%) |
Selling General & Administrative Expense | $408,600,000 (-3.13%) | $421,800,000 (-3.32%) | $436,300,000 (3.71%) | $420,700,000 (12.34%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $526,500,000 (-36.82%) | $833,300,000 (50.12%) | $555,100,000 (4.62%) | $530,600,000 (3.35%) |
Interest Expense | $145,300,000 (-6.74%) | $155,800,000 (30.70%) | $119,200,000 (-5.17%) | $125,700,000 (-1.95%) |
Income Tax Expense | $48,000,000 (478.31%) | $8,300,000 (-17.00%) | $10,000,000 (-33.77%) | $15,100,000 (234.82%) |
Net Loss Income from Discontinued Operations | $0 (0%) | -$700,000 (99.67%) | -$212,600,000 (-215.90%) | -$67,300,000 (-24.40%) |
Consolidated Income | $109,900,000 (171.32%) | -$154,100,000 (-163.89%) | $241,200,000 (262.71%) | $66,500,000 (13200.00%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $109,900,000 (171.32%) | -$154,100,000 (-163.89%) | $241,200,000 (262.71%) | $66,500,000 (13200.00%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $109,900,000 (171.32%) | -$154,100,000 (-163.89%) | $241,200,000 (262.71%) | $66,500,000 (13200.00%) |
Weighted Average Shares | $106,844,301 (-1.09%) | $108,018,458 (-0.82%) | $108,907,844 (-10.11%) | $121,154,411 (-6.26%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $303,200,000 (2932.00%) | $10,000,000 (-97.30%) | $370,400,000 (78.68%) | $207,300,000 (76.43%) |
Gross Profit | $832,200,000 (0.50%) | $828,100,000 (19.17%) | $694,900,000 (5.59%) | $658,100,000 (12.96%) |
Operating Income | $305,700,000 (5978.85%) | -$5,200,000 (-103.72%) | $139,800,000 (9.65%) | $127,500,000 (84.25%) |
KAR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$70,900,000 (15.09%) | -$83,500,000 (-103.89%) | $2,147,400,000 (276.22%) | -$1,218,600,000 (-273.12%) |
Net Cash Flow from Financing | -$173,900,000 (37.87%) | -$279,900,000 (82.63%) | -$1,611,100,000 (-865.73%) | $210,400,000 (8.01%) |
Net Cash Flow from Operations | $291,400,000 (23.79%) | $235,400,000 (151.74%) | -$455,000,000 (-210.12%) | $413,200,000 (7.49%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $24,800,000 (120.88%) | -$118,800,000 (-259.89%) | $74,300,000 (112.79%) | -$580,900,000 (-275.55%) |
Net Cash Flow - Business Acquisitions and Disposals | $79,800,000 (177.48%) | -$103,000,000 (-25650.00%) | -$400,000 (99.92%) | -$519,600,000 (-30.98%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$98,600,000 (-253.58%) | $64,200,000 (-29.84%) | $91,500,000 (115.18%) | -$602,600,000 (-453.22%) |
Capital Expenditure | -$52,100,000 (-0.77%) | -$51,700,000 (-145.02%) | -$21,100,000 (67.13%) | -$64,200,000 (-2.23%) |
Issuance (Repayment) of Debt Securities | -$131,800,000 (4.77%) | -$138,400,000 (90.13%) | -$1,402,600,000 (-4409.97%) | -$31,100,000 (-12.27%) |
Issuance (Purchase) of Equity Shares | -$28,600,000 (-46.67%) | -$19,500,000 (89.21%) | -$180,800,000 (-21.02%) | -$149,400,000 (-2265.22%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$21,800,000 (-336.96%) | $9,200,000 (147.42%) | -$19,400,000 (-1193.33%) | -$1,500,000 (-25.00%) |
Share Based Compensation | $14,700,000 (-10.91%) | $16,500,000 (-0.60%) | $16,600,000 (25.76%) | $13,200,000 (11.86%) |
Depreciation Amortization & Accretion | $95,200,000 (-6.21%) | $101,500,000 (1.30%) | $100,200,000 (-8.83%) | $109,900,000 (0.73%) |
KAR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 46.50% (-4.71%) | 48.80% (7.49%) | 45.40% (0.00%) | 45.40% (3.42%) |
Profit Margin | 6.10% (167.03%) | -9.10% (-157.59%) | 15.80% (243.48%) | 4.60% (0%) |
EBITDA Margin | 22.30% (237.88%) | 6.60% (-78.57%) | 30.80% (40.64%) | 21.90% (28.07%) |
Return on Average Equity (ROAE) | 8.30% (174.11%) | -11.20% (-171.79%) | 15.60% (254.55%) | 4.40% (0%) |
Return on Average Assets (ROAA) | 2.40% (175.00%) | -3.20% (-180.00%) | 4.00% (344.44%) | 0.90% (0%) |
Return on Sales (ROS) | 17.00% (2733.33%) | 0.60% (-97.52%) | 24.20% (69.23%) | 14.30% (60.67%) |
Return on Invested Capital (ROIC) | 41.80% (3700.00%) | 1.10% (-95.44%) | 24.10% (308.47%) | 5.90% (68.57%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 43.13 (630.05%) | -8.14 (-181.06%) | 10.04 (-89.72%) | 97.63 (283.61%) |
Price to Sales Ratio (P/S) | 1.19 (25.66%) | 0.94 (1.51%) | 0.93 (-28.81%) | 1.3 (-28.02%) |
Price to Book Ratio (P/B) | 1.58 (30.93%) | 1.21 (28.85%) | 0.94 (-25.18%) | 1.25 (-15.98%) |
Debt to Equity Ratio (D/E) | 2.44 (-4.64%) | 2.56 (8.01%) | 2.37 (-39.55%) | 3.92 (22.36%) |
Earnings Per Share (EPS) | 0.46 (125.27%) | -1.82 (-240.00%) | 1.3 (712.50%) | 0.16 (145.71%) |
Sales Per Share (SPS) | 16.74 (6.63%) | 15.7 (11.80%) | 14.04 (17.27%) | 11.97 (16.63%) |
Free Cash Flow Per Share (FCFPS) | 2.24 (31.69%) | 1.7 (138.91%) | -4.37 (-251.75%) | 2.88 (15.80%) |
Book Value Per Share (BVPS) | 12.57 (2.30%) | 12.29 (-11.88%) | 13.94 (11.64%) | 12.49 (-0.10%) |
Tangible Assets Book Value Per Share (TABVPS) | 29.21 (0.56%) | 29.05 (-3.80%) | 30.19 (-32.89%) | 44.99 (39.89%) |
Enterprise Value Over EBIT (EV/EBIT) | 8 (-95.45%) | 176 (3420.00%) | 5 (-68.75%) | 16 (-42.86%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 5.75 (-63.64%) | 15.82 (312.89%) | 3.83 (-64.27%) | 10.72 (-26.46%) |
Asset Turnover | 0.38 (10.06%) | 0.35 (38.65%) | 0.25 (24.88%) | 0.2 (-0.99%) |
Current Ratio | 1.11 (-3.05%) | 1.15 (0.26%) | 1.14 (1.42%) | 1.13 (-20.13%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $239,300,000 (30.27%) | $183,700,000 (138.58%) | -$476,100,000 (-236.42%) | $349,000,000 (8.52%) |
Enterprise Value (EV) | $2,291,090,932 (29.90%) | $1,763,753,363 (-2.16%) | $1,802,647,364 (-47.00%) | $3,400,931,900 (2.94%) |
Earnings Before Tax (EBT) | $157,900,000 (208.30%) | -$145,800,000 (-158.04%) | $251,200,000 (207.84%) | $81,600,000 (862.62%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $398,400,000 (257.31%) | $111,500,000 (-76.31%) | $470,600,000 (48.36%) | $317,200,000 (39.98%) |
Invested Capital | $654,600,000 (-29.40%) | $927,200,000 (-1.46%) | $940,900,000 (-77.55%) | $4,191,700,000 (26.41%) |
Working Capital | $286,000,000 (-21.23%) | $363,100,000 (-4.25%) | $379,200,000 (-0.86%) | $382,500,000 (-58.63%) |
Tangible Asset Value | $3,120,900,000 (-0.53%) | $3,137,500,000 (-4.58%) | $3,288,100,000 (-39.67%) | $5,450,300,000 (31.13%) |
Market Capitalization | $2,119,790,932 (32.51%) | $1,599,753,363 (12.56%) | $1,421,247,364 (-24.90%) | $1,892,431,900 (-21.32%) |
Average Equity | $1,332,050,000 (-3.00%) | $1,373,225,000 (-11.37%) | $1,549,375,000 (1.86%) | $1,521,125,000 (-4.17%) |
Average Assets | $4,671,075,000 (-4.19%) | $4,875,225,000 (-19.88%) | $6,084,875,000 (-15.78%) | $7,224,850,000 (10.30%) |
Invested Capital Average | $725,975,000 (-18.29%) | $888,525,000 (-42.07%) | $1,533,800,000 (-56.19%) | $3,500,975,000 (3.98%) |
Shares | 106,844,301 (-1.09%) | 108,018,458 (-0.82%) | 108,907,844 (-10.11%) | 121,154,411 (-6.26%) |
