OPENLANE, Inc. (OPLN) Stock Analysis
Consumer Cyclical · Auto & Truck Dealerships · NYSE
OPENLANE, Inc. (OPLN) posted $1.93B in revenue for fiscal 2025 (up 8.2% year over year), with a net loss of $103.10M, and has compounded revenue about 7.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on OPENLANE, Inc.
OPENLANE, Inc. has grown revenue from $3.15B to $1.93B over the last 10 fiscal years, compounding about 7.8% a year. The most recent year was up 8.2%, roughly in line with its longer-run pace.
Net margin sits at -5.3%, down 11.4 points year over year. It carries about $550.00M of total debt.
At today's valuation the market is pricing in roughly 0.2% annual free-cash-flow growth — versus the 23.7% it actually delivered over the last five years, so the price is arguably undemanding against what it has already proven. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from OPENLANE, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
OPENLANE, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.15B | $2.24B | $2.44B | $2.78B | $1.33B | $1.45B | $1.52B | $1.65B | $1.79B | $1.93B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $222.40M | $362.00M | $328.00M | $188.50M | $500,000 | $66.50M | $241.20M | $-154.10M | $109.90M | $-103.10M |
| Net margin | 7.1% | 16.2% | 13.4% | 6.8% | 0.0% | 4.6% | 15.9% | -9.4% | 6.1% | -5.3% |
Source: OPENLANE, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
OPENLANE, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 26.6% while revenue rose 8.2% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -5.3%).
What growth is priced into OPLN stock?
At today's market cap of $3.88B, OPENLANE, Inc. is priced for free-cash-flow growth of about 0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $336.50M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 23.7%/yr over the last five fiscal years and revenue 7.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of OPENLANE, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track OPLN in your portfolio →
OPENLANE, Inc. financial history by metric
Compare OPENLANE, Inc. with peers
About OPENLANE, Inc.
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for wholesale used vehicles in the United States, Canada, Continental Europe, and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment includes various activities designed to facilitate the transfer of used vehicles for sellers and buyers; vehicle logistics center locations; SaaS-based private label remarketing solutions to automobile manufacturers, captive finance companies, and other commercial customers to digitally offer vehicles for sale; wholesale vehicle marketplaces; and value-added ancillary services including inbound and outbound transportation logistics, reconditioning and mechanical work, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through commercial fleet operators, financial institutions, car rental companies, new and used vehicle dealers, and vehicle manufacturers. Its marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers; liquidity for customer trade-ins; and title services. In addition, the company provides pre- and post-sale inspection; transportation and logistics; digital marketplace services; remarketing services; and vehicle research services. It serves commercial customers, and franchise and independent dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
OPENLANE, Inc. — frequently asked questions
What is OPENLANE, Inc.'s revenue?
OPENLANE, Inc. (OPLN) reported revenue of $1.93B for fiscal year 2025, up 8.2% from the prior year, according to its SEC filings.
Is OPENLANE, Inc. profitable?
No — OPLN reported a net loss of $-103.10M in fiscal 2025.
What is OPLN's P/E ratio?
OPENLANE, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is OPENLANE, Inc. growing?
OPLN's revenue grew at roughly 7.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does OPENLANE, Inc. have?
As of fiscal year 2025, OPLN carried roughly $550.00M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is OPENLANE, Inc.'s market cap?
OPENLANE, Inc. (OPLN) has a market capitalization of about $3.88B, based on the latest data in our nightly-refreshed cache.
When does OPENLANE, Inc.'s fiscal year end?
OPLN's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into OPLN stock?
At today's market cap of $3.88B, OPENLANE, Inc. is priced for free-cash-flow growth of about 0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $336.50M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 23.7%/yr over the last five fiscal years and revenue 7.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from OPENLANE, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.