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Openlane inc   (KAR)
Other Ticker:  
 
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail


Openlane Inc 's Operating Profit Margin by quarter

Trends, Rankings, Statistics



KAR Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change 4.96 % 5.93 % 8.51 % 13.86 % -32.14 %
Seq. Revenue Change -6.01 % -0.14 % -0.88 % 12.82 % -5.14 %
Revenue In Millions $391.30 $416.30 $416.90 $420.60 $372.80
Operating Profit Margin 14.67 % 15.97 % -46.65 % 15.55 % 23.52 %
Operating Profit Margin Total Ranking # 978 # 1276 # # 1273 # 1181
Operating Income In Millions $57.40 $66.50 $-194.50 $65.40 $87.70
Y / Y Operating Income Change -34.55 % 33 % - 377.37 % 92.75 %
Seq. Operating Income Change -13.68 % - - -25.43 % 75.4 %


Commenting fourth Quarter 2023 Operating Profit Margin
Openlane inc experienced contraction in Operating Income by -13.68 % to $391 millions and Revenue by -6.01 %, while Operating Profit Margin fell to 14.67 %, above company's average Operating Profit Margin.

Observing fourth quarter 2023 results within Automotive Aftermarket industry 4 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin total ranking has impoved so far to 978, from total ranking in previous quarter at 1276.
Explain Operating Margin
KAR's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Automotive Aftermarket Industry # 5
Retail Sector # 9
Overall # 977

Operating Profit Margin Statistics
High Average Low
23.52 % 13.57 % 2.62 %
(Dec 31 2022)   (Dec 31 2020)




Other Operating Profit Margin Profitability Ratios
KAR's Cumulative Operating Profit Margin
Automotive Aftermarket Industry Operating Profit Margin Trends and Statistics
Retail Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
KAR's Operating Profit Margin Profitability versus Automotive Aftermarket Industry, Retail Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for KAR's Competitors
Operating Profit Margin Profit Margin for Openlane Inc 's Suppliers
Operating Profit Margin Profit Margin for KAR's Customers

You may also want to know
KAR's Annual Growth Rates KAR's Profitability Ratios KAR's Asset Turnover Ratio KAR's Dividend Growth
KAR's Roe KAR's Valuation Ratios KAR's Financial Strength Ratios KAR's Operating Income Growth
KAR's Roa KAR's Inventory Turnover Ratio KAR's Growth Rates KAR's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Automotive Aftermarket Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
Copart Inc   37.24 %$ 379.900 $ 1,020.149 
Autozone Inc  20.25 %$ 848.604 $ 4,190.277 
O Reilly Automotive Inc  18.75 %$ 718.736 $ 3,832.894 
Openlane inc   14.67 %$ 57.400 $ 391.300 
Driven Brands Holdings Inc   8.23 %$ 45.545 $ 553.677 
Casey s General Stores Inc   6.54 %$ 217.615 $ 3,329.247 
Rush Enterprises Inc   5.92 %$ 120.125 $ 2,029.465 
Autonation Inc   5.17 %$ 349.900 $ 6,767.400 
Lithia Motors Inc   4.85 %$ 372.300 $ 7,680.700 
Group 1 Automotive Inc  4.35 %$ 194.700 $ 4,480.600 
Murphy Usa Inc   4.28 %$ 217.200 $ 5,068.900 
Monro inc   4.09 %$ 21.383 $ 522.629 
Penske Automotive Group Inc   3.65 %$ 265.700 $ 7,271.900 




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