← OPENLANE, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.2b |
$3.5b
+9.77%
|
$3.8b
+9.01%
|
$2.8b
-26.20%
|
$2.2b
-21.36%
|
$2.3b
+2.92%
|
$1.5b
-32.52%
|
$1.6b
+8.27%
|
$1.8b
+8.72%
|
$1.9b
+8.16%
|
$2.1b
+7.27%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $1.8b |
$2.0b
+8.74%
|
$2.1b
+7.83%
|
$1.6b
-24.53%
|
$1.3b
-20.55%
|
$1.3b
+1.18%
|
$834.3m
-35.82%
|
$867.6m
+3.99%
|
$956.3m
+10.22%
|
$1.0b
+8.93%
|
$1.2b
+18.05%
|
|
| Gross Profit | $1.3b |
$1.5b
+11.20%
|
$1.6b
+10.61%
|
$1.2b
-28.40%
|
$902.9m
-22.48%
|
$951.7m
+5.40%
|
$685.1m
-28.01%
|
$777.5m
+13.49%
|
$832.2m
+7.04%
|
$892.8m
+7.28%
|
$845.5m
-5.30%
|
|
| Selling, General and Administrative Expense | $583.1m | $640.2m | $732.8m | $662.0m | $545.4m | $558.1m | $445.1m | $430.4m | $408.6m | $445.2m | $471.9m | |
| Amortization of Intangible Assets | $151.0m | $162.6m | $155.4m | $122.9m | $128.2m | $128.2m | $83.6m | $87.7m | $81.5m | $79.2m | — | |
| Operating Income (Loss) | $499.0m |
$566.0m
+13.43%
|
$624.2m
+10.28%
|
$314.1m
-49.68%
|
$136.4m
-56.57%
|
$210.6m
+54.40%
|
$173.7m
-17.52%
|
($5.2m)
-102.99%
|
$182.2m
+3603.85%
|
$196.6m
+7.90%
|
$238.8m
+21.46%
|
|
| Interest Expense | $138.8m | $164.0m | $192.0m | $189.5m | $128.9m | $126.6m | $119.2m | $155.8m | $21.8m | $18.1m | $31.1m | |
| Financing Interest Expense | — | — | — | — | — | — | — | — | $123.5m | $109.9m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($700k) | $800k | ($3.9m) | $700k | ($4.9m) | ($3.8m) | ($2.5m) | $2.9m | ($5.8m) | $9.3m | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $33.4m | ($7.1m) | ($400k) | $400k | $0 | — | |
| Other Nonoperating Income (Expense) | $500k | $1.9m | $3.5m | $7.7m | ($2.1m) | $17.5m | $1.3m | $15.6m | ($2.5m) | $13.7m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $265.8m | $290.4m | $340.9m | $100.0m | ($9.0m) | $31.4m | ($59.7m) | ($209.7m) | $90.4m | $101.0m | $214.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | $158.4m | $151.9m | $130.1m | $5.4m | $101.5m | $38.6m | ($146.5m) | $157.9m | $192.2m | $214.2m | |
| Current Income Tax Expense (Benefit) | $137.1m | $129.5m | $107.6m | $41.0m | $12.1m | $27.2m | $12.3m | $38.1m | $46.3m | $46.4m | $13.6m | |
| Income Tax Expense (Benefit) | $132.9m | $36.0m | $107.7m | $37.7m | $4.9m | $35.0m | $10.0m | $8.3m | $48.0m | $14.5m | $13.6m | |
| Net Income (Loss) Attributable to Parent | $222.4m |
$362.0m
+62.77%
|
$328.0m
-9.39%
|
$188.5m
-42.53%
|
$500k
-99.73%
|
$66.5m
+13200.00%
|
$241.2m
+262.71%
|
($154.1m)
-163.89%
|
$109.9m
+171.32%
|
$177.7m
+61.69%
|
($63.9m)
-135.96%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $222.4m |
$362.0m
+62.77%
|
$328.0m
-9.39%
|
$188.5m
-42.53%
|
($21.1m)
-111.19%
|
$19.9m
+194.31%
|
($11.6m)
-158.29%
|
($199.2m)
-1617.24%
|
$49.2m
+124.70%
|
($103.1m)
-309.55%
|
($63.9m)
+38.02%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $222.4m | $362.0m | $328.0m | $188.5m | $500k | $66.5m | $241.2m | ($199.2m) | $49.2m | ($103.1m) | ($63.9m) | |
| Preferred Stock Dividends and Other Adjustments | — | — | — | — | — | — | — | ($44.4m) | ($44.4m) | $280.8m | $267.2m | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | $21.6m | $41.1m | $43.8m | $44.4m | $44.4m | $38.6m | $267.2m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | $0 | $5.5m | ($3.6m) | $0 | $16.3m | $0 | — | |
| Earnings Per Share, Basic | $1.62 | $2.66 | $2.44 | $1.43 | ($0.16) | $0.16 | $1.30 | ($1.82) | $0.46 | ($0.96) | ($0.62) | |
| Earnings Per Share, Diluted | $1.60 | $2.62 | $2.42 | $1.42 | ($0.16) | $0.16 | $1.30 | ($1.82) | $0.45 | ($0.96) | ($0.62) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $3 | $2 | $1 | ($0) | $0 | ($0) | ($2) | $0 | ($1) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $3 | $2 | $1 | ($0) | $0 | ($0) | ($2) | $0 | ($1) | — | |
| Common Stock, Dividends, Per Share, Declared | $1.19 | $1.31 | $1.40 | $1.08 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 137.6m | 136.3m | 134.3m | 131.6m | 129.3m | 123.0m | 116.3m | 109.1m | 108.0m | 106.9m | 108.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 139.1m | 138.0m | 135.7m | 132.9m | 129.3m | 123.6m | 116.3m | 109.1m | 109.2m | 106.9m | 109.0m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $3.7m | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $25.5m | — | — | $225.3m | — | $0 | $0 | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $32.0m | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | $92.4m | $500k | $66.5m | $28.6m | ($154.8m) | $109.9m | $177.7m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $96.1m | $0 | $0 | $212.6m | $700k | $0 | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.