KAR
Price:
$27.44
Market Cap:
$4.03B
OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana, functions as a leading digital ecosystem for the trading of pre-owned vehicles. This platform seamlessly connects both sellers and buyers across the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are strategically divided into two core areas: Marketplace and Finance. The Marketplace segment provides advanced digital solutions for automotive transactions, including the OPENLANE platform, which empowers dealerships with mobile app-enabled tools for efficient inventory sourcing and sales. Beyond its central trading capabilities, this division also furnishes a comprehensive arra...[Read more]
Industry
Auto - Dealerships
IPO Date
2009-12-11
Stock Exchange
NYSE
Ticker
KAR
According to OPENLANE, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of 0.02% compared to the average of 1.16 of the last 4 quarters.
The mean historical Current Ratio of OPENLANE, Inc. over the last ten years is 1.22. The current 1.16 Current Ratio has changed 9.41% with respect to the historical average. Over the past ten years (40 quarters), KAR's Current Ratio was at its highest in in the June 2020 quarter at 1.62. The Current Ratio was at its lowest in in the June 2024 quarter at 1.08.
Average
1.22
Median
1.19
Minimum
1.11
Maximum
1.41
Discovering the peaks and valleys of OPENLANE, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 10.13%
Maximum Annual Current Ratio = 1.41
Minimum Annual Increase = -20.11%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.16 | 4.06% |
| 2024 | 1.11 | -3.05% |
| 2023 | 1.15 | 0.26% |
| 2022 | 1.14 | 1.45% |
| 2021 | 1.13 | -20.11% |
| 2020 | 1.41 | 9.48% |
| 2019 | 1.29 | 2.06% |
| 2018 | 1.26 | -3.85% |
| 2017 | 1.31 | 7.92% |
| 2016 | 1.22 | 10.13% |
The current Current Ratio of OPENLANE, Inc. (KAR) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.14
5-year avg
1.14
10-year avg
1.22
OPENLANE, Inc.’s Current Ratio is less than CarGurus, Inc. (1.65), less than Dana Incorporated (1.57), less than Visteon Corporation (1.73), greater than Sonic Automotive, Inc. (1.03), less than Greif, Inc. (1.28), less than Driven Brands Holdings Inc. (1.38), less than The Buckle, Inc. (2.04), less than American Eagle Outfitters, Inc. (1.55), less than Victoria's Secret & Co. (1.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.65 | $2.90B | |
| 1.57 | $3.64B | |
| 1.73 | $3.04B | |
| 1.03 | $2.74B | |
| 1.28 | $3.18B | |
| 1.38 | $2.09B | |
| 2.04 | $2.33B | |
| 1.55 | $2.98B | |
| 1.25 | $6.50B |
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How does the current Current Ratio for OPENLANE, Inc. (KAR) compare to its historical average?