Open Lending Corp (LPRO) - 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. Check how strategically is Open Lending Corp's equity deployed to assess the company's strategic physical and investment asset allocation.
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 |
Open Lending Corp - Net Assets Trend (2017–2025)
This chart illustrates how Open Lending Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LPRO company net worth.
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. Also explore Open Lending Corp equity growth rate to track the company's year-over-year net asset growth rate.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
RDC Semiconductor Co Ltd
TWO:3228
|
$371.70 Million |
|
Capita PLC
LSE:CPI
|
$371.92 Million |
|
Jiangsu Apon Medical Technology Co Ltd Class A
SHE:300753
|
$372.03 Million |
|
Samkang M&T Co.Ltd
KQ:100090
|
$372.09 Million |
|
Anhui Xinbo Aluminum Co Ltd
SHE:003038
|
$371.53 Million |
|
Waterstone Financial Inc
NASDAQ:WSBF
|
$371.41 Million |
|
BioAge Labs, Inc
NASDAQ:BIOA
|
$371.31 Million |
|
Zhejiang Hengwei Battery Co. Ltd.
SHE:301222
|
$371.26 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: $9,478,277,878
- Average return on equity (ROE) among peers: 3.09%
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) | $2.53 Billion | -38.88% | 2.22x | $20.86 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $248.49 Million | 12.88% | 18.94x | $2.08 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $183.57 Million | 12.39% | 22.00x | $157.25 Million |
| Ally Financial Inc (ALLY) | $15.40 Billion | 7.47% | 8.85x | $12.52 Billion |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $79.49 Million |
| Atlanticus Holdings Corporation (ATLC) | $812.65 Million | 21.09% | 1.24x | $1.42 Billion |
| American Express Company (AXP) | $22.00 Billion | 31.46% | 7.59x | $212.32 Billion |
| Bread Financial Holdings, Inc. (BFH) | $260.07 Million | -11.47% | 4.00x | $4.12 Billion |
| Credit Acceptance Corporation (CACC) | $750.10 Million | 33.74% | 2.24x | $6.04 Billion |
| Capital One Financial Corporation (COF) | $52.58 Billion | 14.00% | 7.66x | $123.95 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