Open Lending Corp Net Assets
Open Lending Corp net assets. Based on the latest financial reports, Open Lending Corp (LPRO) has net assets worth $75.31 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($231.09 Million) and total liabilities ($155.77 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Open Lending Corp annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $75.31 Million |
| % of Total Assets | 32.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -52.85% |
| 10-Year Change | N/A |
| Growth Volatility | 213.96 |
Net Assets of Open Lending Corp (2017–2025)
Net assets of Open Lending Corp from 2017 to 2025. This chart illustrates how Open Lending Corp's net assets have evolved over time, based on quarterly financial data. See Open Lending Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Open Lending Corp (2017–2025)
The table below shows the annual net assets of Open Lending Corp from 2017 to 2025. For live market cap and overall valuation, see Open Lending Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $74.96 Million | -4.00% |
| 2024-12-31 | $78.09 Million | -62.02% |
| 2023-12-31 | $205.58 Million | -3.40% |
| 2022-12-31 | $212.82 Million | +33.87% |
| 2021-12-31 | $158.98 Million | +497.18% |
| 2020-12-31 | $26.62 Million | +111.34% |
| 2019-12-31 | $-234.78 Million | -187.11% |
| 2018-12-31 | $269.52 Million | +4743586.64% |
| 2017-12-31 | $-5.68K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Open Lending Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 33296431800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Open Lending Corp Net Assets Breakdown (December 2025)
Open Lending Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.28 Million | 1.71% |
| Other Components | $406.67 Million | 542.52% |
| Total Equity | $74.96 Million | 100.00% |
Open Lending Corp Competitors by Market Cap
The table below lists competitors of Open Lending Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Ailu Package Co. Ltd.
SHE:301062
|
$371.55 Million |
|
Kretam Holdings Bhd
KLSE:1996
|
$371.66 Million |
|
Jilin Jinguan Electric Co Ltd Class A
SHE:300510
|
$371.69 Million |
|
Guangdong Zhengye Technology Co Ltd
SHE:300410
|
$371.75 Million |
|
Lime Technologies AB (publ)
ST:LIME
|
$371.39 Million |
|
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203
|
$371.32 Million |
|
Velesto Energy Bhd
KLSE:5243
|
$371.28 Million |
|
BNY Mellon Strategic Municipals Inc
NYSE:LEO
|
$371.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Open Lending Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 78,087,000 to 74,960,000, a change of -3,127,000 (-4.0%).
- Net loss of 4,236,000 reduced equity.
- Share repurchases of 4,886,000 reduced equity.
- Other factors increased equity by 5,995,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.24 Million | -5.65% |
| Share Repurchases | $4.89 Million | -6.52% |
| Other Changes | $6.00 Million | +8.0% |
| Total Change | $- | -4.00% |
Book Value vs Market Value Analysis
This analysis compares Open Lending Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $3.14 | x |
| 2018-12-31 | $2.93 | $3.14 | x |
| 2019-12-31 | $-6.24 | $3.14 | x |
| 2020-12-31 | $0.32 | $3.14 | x |
| 2021-12-31 | $1.26 | $3.14 | x |
| 2022-12-31 | $1.69 | $3.14 | x |
| 2023-12-31 | $1.69 | $3.14 | x |
| 2024-12-31 | $0.66 | $3.14 | x |
| 2025-12-31 | $0.63 | $3.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Open Lending Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.54%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.16x
- Recent ROE (-5.65%) is above the historical average (-44.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -0.09% | 132.21x | 0.00x | $-30.11K |
| 2018 | 10.49% | 54.18% | 0.19x | 1.04x | $1.33 Million |
| 2019 | 0.00% | 67.36% | 1.17x | 0.00x | $86.02 Million |
| 2020 | -366.48% | -89.60% | 0.37x | 11.04x | $-100.23 Million |
| 2021 | 91.89% | 67.74% | 0.68x | 2.01x | $130.18 Million |
| 2022 | 31.30% | 37.09% | 0.47x | 1.78x | $45.34 Million |
| 2023 | 10.74% | 18.79% | 0.31x | 1.82x | $1.51 Million |
| 2024 | -172.90% | -561.98% | 0.08x | 3.80x | $-142.82 Million |
| 2025 | -5.65% | -4.54% | 0.39x | 3.16x | $-11.73 Million |
Industry Comparison
This section compares Open Lending Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $8,445,664,324
- Average return on equity (ROE) among peers: -1.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Open Lending Corp (LPRO) | $75.31 Million | 0.00% | 2.07x | $371.53 Million |
| Affirm Holdings Inc (AFRM) | $2.58 Billion | -17.12% | 0.89x | $21.37 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $1.27 Billion | 14.01% | 20.49x | $1.89 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $320.56 Million | 31.07% | 18.15x | $142.25 Million |
| Ally Financial Inc (ALLY) | $14.37 Billion | 14.79% | 19.00x | $11.70 Billion |
| Antalpha Platform Holding Co (ANTA) | $46.38 Million | 9.47% | 26.05x | $43.71 Million |
| Atlanticus Holdings Corporation (ATLC) | $5.78 Million | -109.66% | 62.01x | $1.40 Billion |
| American Express Company (AXP) | $18.26 Billion | 15.05% | 8.92x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $2.27 Billion | 9.85% | 10.22x | $3.87 Billion |
| Credit Acceptance Corporation (CACC) | $288.44 Million | 8.55% | 1.99x | $4.99 Billion |
| Capital One Financial Corporation (COF) | $45.05 Billion | 9.83% | 5.86x | $128.04 Billion |
About Open Lending Corp
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers lenders protection platform (LPP), which is a cloud-based automotive lending enablement platform that provides loan analytics solutions and automated issuance of credit default in… Read more