KAR

KAR Auction Services Inc

Halal Rating :
Uncomfortable
See Details
Last Price $19.87 Last updated:
Market Cap $1.72b
7D Change 2.21%
1 Year Change 38.08%

Company Overview

Industries
  • Retail Trade
  • Retail
  • Retail – Automotive Dealers And Gas Stations
Exchange NYSE
Next Earnings Date

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. 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.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $448.4m $410.5m - $35.3m 0.00% 8.60%
June 30, 2024 $431.8m $413.4m - $37.4m 0.00% 9.05%
March 31, 2024 $416.3m $386.6m - $39.7m 0.00% 10.27%

Company Impact

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Justification for our Halal Rating

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