OPENLANE, Inc.
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary… Read more
OPENLANE, Inc. (OPLN) - Net Assets
Latest net assets as of September 2025: $2.04 Billion USD
Based on the latest financial reports, OPENLANE, Inc. (OPLN) has net assets worth $2.04 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.82 Billion) and total liabilities ($2.78 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.04 Billion |
| % of Total Assets | 42.33% |
| Annual Growth Rate | 1.67% |
| 5-Year Change | -16.9% |
| 10-Year Change | -3.13% |
| Growth Volatility | 15.34 |
OPENLANE, Inc. - Net Assets Trend (2007–2024)
This chart illustrates how OPENLANE, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OPENLANE, Inc. (2007–2024)
The table below shows the annual net assets of OPENLANE, Inc. from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.34 Billion | +1.18% |
| 2023-12-31 | $1.33 Billion | -12.60% |
| 2022-12-31 | $1.52 Billion | +0.35% |
| 2021-12-31 | $1.51 Billion | -6.36% |
| 2020-12-31 | $1.62 Billion | -2.08% |
| 2019-12-31 | $1.65 Billion | +12.70% |
| 2018-12-31 | $1.46 Billion | -1.39% |
| 2017-12-31 | $1.48 Billion | +6.27% |
| 2016-12-31 | $1.40 Billion | +0.81% |
| 2015-12-31 | $1.39 Billion | -10.41% |
| 2014-12-31 | $1.55 Billion | +4.41% |
| 2013-12-31 | $1.48 Billion | +2.64% |
| 2012-12-31 | $1.44 Billion | +7.48% |
| 2011-12-31 | $1.34 Billion | +7.92% |
| 2010-12-31 | $1.24 Billion | +9.03% |
| 2009-12-31 | $1.14 Billion | +52.06% |
| 2008-12-31 | $750.70 Million | -25.94% |
| 2007-12-31 | $1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to OPENLANE, Inc.'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 grown by 73130000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $689.80 Million | 35.28% |
| Common Stock | $1.10 Million | 0.06% |
| Other Comprehensive Income | $-69.10 Million | -3.53% |
| Other Components | $1.33 Billion | 68.20% |
| Total Equity | $1.96 Billion | 100.00% |
OPENLANE, Inc. Competitors by Market Cap
The table below lists competitors of OPENLANE, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sam Yang Foods
KO:003230
|
$2.87 Billion |
|
Garrett Motion Inc
NASDAQ:GTX
|
$2.87 Billion |
|
Nippon Yusen Kabushiki Kaisha
PINK:NPNYY
|
$2.87 Billion |
|
Cushman & Wakefield plc
NYSE:CWK
|
$2.87 Billion |
|
FIBRA Prologis
PINK:FBBPF
|
$2.86 Billion |
|
Polaris Industries Inc
NYSE:PII
|
$2.86 Billion |
|
Diodes Incorporated
NASDAQ:DIOD
|
$2.86 Billion |
|
Eregli Demir ve Celik Fabrikalari TAS
IS:EREGL
|
$2.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OPENLANE, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,939,500,000 to 1,955,200,000, a change of 15,700,000 (0.8%).
- Net income of 109,900,000 contributed positively to equity growth.
- Dividend payments of 44,400,000 reduced retained earnings.
- Share repurchases of 30,000,000 reduced equity.
- Other comprehensive income decreased equity by 32,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $109.90 Million | +5.62% |
| Dividends Paid | $44.40 Million | -2.27% |
| Share Repurchases | $30.00 Million | -1.53% |
| Other Comprehensive Income | $-32.40 Million | -1.66% |
| Other Changes | $12.60 Million | +0.64% |
| Total Change | $- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares OPENLANE, Inc.'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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.89x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $9.50 | $27.44 | x |
| 2008-12-31 | $7.02 | $27.44 | x |
| 2009-12-31 | $10.33 | $27.44 | x |
| 2010-12-31 | $9.16 | $27.44 | x |
| 2011-12-31 | $9.75 | $27.44 | x |
| 2012-12-31 | $10.39 | $27.44 | x |
| 2013-12-31 | $10.52 | $27.44 | x |
| 2014-12-31 | $10.91 | $27.44 | x |
| 2015-12-31 | $9.74 | $27.44 | x |
| 2016-12-31 | $10.05 | $27.44 | x |
| 2017-12-31 | $10.76 | $27.44 | x |
| 2018-12-31 | $10.79 | $27.44 | x |
| 2019-12-31 | $12.42 | $27.44 | x |
| 2020-12-31 | $16.75 | $27.44 | x |
| 2021-12-31 | $17.10 | $27.44 | x |
| 2022-12-31 | $18.32 | $27.44 | x |
| 2023-12-31 | $17.78 | $27.44 | x |
| 2024-12-31 | $17.94 | $27.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OPENLANE, Inc. 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): 5.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.14%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.36x
- Recent ROE (5.62%) is below the historical average (5.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -3.78% | -3.47% | 0.24x | 4.47x | $-139.66 Million |
| 2008 | -28.80% | -12.21% | 0.43x | 5.54x | $-291.27 Million |
| 2009 | 2.03% | 1.34% | 0.41x | 3.72x | $-90.95 Million |
| 2010 | 5.59% | 3.83% | 0.40x | 3.64x | $-54.86 Million |
| 2011 | 5.38% | 3.83% | 0.39x | 3.56x | $-62.12 Million |
| 2012 | 6.37% | 4.69% | 0.40x | 3.41x | $-52.37 Million |
| 2013 | 4.57% | 3.12% | 0.42x | 3.46x | $-80.48 Million |
| 2014 | 10.94% | 7.16% | 0.44x | 3.46x | $14.59 Million |
| 2015 | 15.48% | 8.13% | 0.46x | 4.18x | $75.99 Million |
| 2016 | 15.92% | 7.06% | 0.48x | 4.69x | $82.67 Million |
| 2017 | 24.38% | 16.17% | 0.32x | 4.70x | $213.51 Million |
| 2018 | 22.40% | 13.43% | 0.34x | 4.92x | $181.58 Million |
| 2019 | 11.42% | 6.78% | 0.42x | 3.99x | $23.48 Million |
| 2020 | 0.02% | 0.04% | 0.20x | 3.14x | $-216.06 Million |
| 2021 | 3.16% | 4.58% | 0.19x | 3.54x | $-143.89 Million |
| 2022 | 11.32% | 15.77% | 0.30x | 2.40x | $28.12 Million |
| 2023 | -7.95% | -9.37% | 0.35x | 2.44x | $-348.05 Million |
| 2024 | 5.62% | 6.14% | 0.39x | 2.36x | $-85.62 Million |
Industry Comparison
This section compares OPENLANE, Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OPENLANE, Inc. (OPLN) | $2.04 Billion | -3.78% | 1.36x | $2.87 Billion |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |