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Openlane (Openlane) 10-Year RORE % : -105.59% (As of Dec. 2023)


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What is Openlane 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Openlane's 10-Year RORE % for the quarter that ended in Dec. 2023 was -105.59%.

The industry rank for Openlane's 10-Year RORE % or its related term are showing as below:

KAR's 10-Year RORE % is ranked worse than
95.87% of 823 companies
in the Vehicles & Parts industry
Industry Median: 5.31 vs KAR: -105.59

Openlane 10-Year RORE % Historical Data

The historical data trend for Openlane's 10-Year RORE % 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.

* Premium members only.

Openlane 10-Year RORE % Chart

Openlane Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.60 -18.93 -12.78 17.01 -105.59

Openlane Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.01 20.74 -97.93 -96.75 -105.59

Competitive Comparison of Openlane's 10-Year RORE %

For the Auto & Truck Dealerships subindustry, Openlane's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Openlane's 10-Year RORE % falls into.



Openlane 10-Year RORE % Calculation

Openlane's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -1.83-1.19 )/( 10.13-7.27 )
=-3.02/2.86
=-105.59 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Openlane  (NYSE:KAR) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Openlane 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Openlane's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Openlane (Openlane) Business Description

Traded in Other Exchanges
N/A
Address
11299 N. Illinois Street, Carmel, IN, USA, 46032
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
Executives
Brad S. Lakhia officer: EVP & CFO 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Michael T. Kestner director 13085 HAMILTON CROSSING BLVD., CARMEL IN 46032
J Mark Howell director C/O ANGIE'S LIST, INC., 1030 EAST WASHINGTON STREET, INDIANAPOLIS IN 46202
James P Hallett officer: CEO
Kelly Peter officer: Pres. & CEO, OPENLANE C/O KAR AUCTION SERVICES, INC., 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Srisu Subrahmanyam officer: Pres KAR Svcs Group, EVP Ops 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
James P Coyle officer: EVP, Chief Digital Officer 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Justin T. Davis officer: President of BacklotCars 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Scott A Anderson officer: Chief Accounting Officer 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Mary Ellen Smith director 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Ignition Acquisition Holdings Gp Llc 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Ignition Acquisition Holdings Lp 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10017
Ignition Gp Llc 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Ignition Parent Lp 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Roy Mackenzie director 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

Openlane (Openlane) Headlines

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