Open LendingLPRO -0.32%71 3-Year ROIIC % is 64.22 as of Dec. 2025, which is 5% above its 10-year median of 61.31. GuruFocus rates LPRO with a GF Score™ of 71/100 and a GF Value™ of $5.75 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 393 Credit Services companies, Open Lending ranks better than 92.88% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Open Lending's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 64.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Open Lending's 3-Year ROIIC % or its related term are showing as below:
LPRO's 3-Year ROIIC % is ranked better than 92.88% of 393
companies
in the Credit Services industry
Industry Median: 2.85
vs LPRO: 64.22
Open Lending (NAS:LPRO) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Open Lending 3-Year ROIIC % Related Terms
Open Lending 3-Year ROIIC % Historical Data
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The historical data trend for Open Lending's 3-Year ROIIC % 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.
For the Credit Services subindustry, Open Lending's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Open Lending 3-Year ROIIC % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Open Lending's 3-Year ROIIC % falls into.
Open Lending's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -3.949734 (Dec. 2025) - 69.521403 (Dec. 2022) )
/
( 54.105 (Dec. 2025) - 168.505 (Dec. 2022) )
=
-73.471137
/
-114.4
=
64.22%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Open Lending (LPRO) has a 3-Year ROIIC % of 64.22 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Open Lending and its competitors. This is near median its historical median of 61.31. Over the past decade, Open Lending's 3-Year ROIIC % has ranged from 6.88 to 133.18. According to the industry distribution chart, Open Lending ranks #28 out of 393 companies in the Credit Services industry, placing it in the top 7.1%.
Is Open Lending's 3-Year ROIIC % too high?
Open Lending's current 3-Year ROIIC % of 64.22 is near median its 10-year median of 61.31. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 133.18. The Credit Services industry median 3-Year ROIIC % is 2.85. Open Lending's value of 64.22 is 2153.3% above this industry median. Based on the distribution chart, Open Lending ranks #28 out of 393 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Open Lending has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's 3-Year ROIIC % compare to RM and HTT?
According to the Credit Services industry distribution chart, Open Lending ranks #28 out of 393 companies for 3-Year ROIIC %. This places Open Lending in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.85. Open Lending's value of 64.22 is 2153.3% above this benchmark. Historically, Open Lending's own 3-Year ROIIC % has ranged from 6.88 to 133.18 over the past decade. While the company's 10-year median is 61.31 vs. the industry median of 2.85, Open Lending has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Credit Services company?
The median 3-Year ROIIC % among Credit Services companies is 2.85, based on 393 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Lending's current 3-Year ROIIC % of 64.22 is 2153.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Open Lending and its competitors. For the Credit Services industry, the median 3-Year ROIIC % is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current 3-Year ROIIC % is 64.22, which is near median its own 10-year median of 61.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.75, compared to a current price of $3.11 — trading 45.9% below its estimated fair value. The current 3-Year ROIIC % is 64.22, which is near median its 10-year median of 61.31 and 2153.3% above the Credit Services industry median of 2.85. Open Lending's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Open Lending (LPRO), the current 3-Year ROIIC % is 64.22 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.11 is trading 45.9% below its estimated GF Value™ of $5.75.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
3-Year ROIIC %: 64.22 (near median its 10-year median of 61.31)
GF Value™: $5.75 vs. price of $3.11 (45.9% below fair value)
Industry Position: 2153.3% above the Credit Services median (#28 of 393)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
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