GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Openlane Inc (NYSE:KAR) » Definitions » 5-Year Yield-on-Cost %

Openlane (Openlane) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Openlane 5-Year Yield-on-Cost %?

Openlane's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Openlane's 5-Year Yield-on-Cost % or its related term are showing as below:


During the past 13 years, Openlane's highest Yield on Cost was 9.82. The lowest was 0.95. And the median was 7.00.


KAR's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.395
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Openlane's 5-Year Yield-on-Cost %

For the Auto & Truck Dealerships subindustry, Openlane's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Openlane's 5-Year Yield-on-Cost % falls into.



Openlane 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Openlane is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Openlane  (NYSE:KAR) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Openlane 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Openlane's 5-Year Yield-on-Cost % 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