Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Openlane's Pre-Tax Income for the
three
months ended in Dec. 2024 was $69 Mil. Openlane's Revenue for the
three
months ended in Dec. 2024 was $492 Mil. Therefore, Openlane's pretax margin for the quarter that ended in Dec. 2024 was 14.02%.
The historical rank and industry rank for Openlane's Pretax Margin % or its related term are showing as below:
KAR'
s Pretax Margin % Range Over the Past 10 Years
Min: -8.64 Med: 5.45 Max: 12.66
Current: 8.83
KAR's Pretax Margin % is ranked better than 71.96% of 1291
companies
in the Vehicles & Parts industry
Industry Median: 4.26
vs KAR: 8.83
Openlane Pretax Margin % Historical Data
The historical data trend for Openlane's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Openlane's Pretax Margin %
For the Auto & Truck Dealerships subindustry, Openlane's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Openlane's Pretax Margin % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Openlane's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Openlane (NYSE:KAR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Openlane Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Openlane's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.
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