OPENLANE Corporate
KAR
#4401
Rank
โ‚ฌ1.64 B
Marketcap
14,87ย โ‚ฌ
Share price
-1.85%
Change (1 day)
2.07%
Change (1 year)

Operating Margin for OPENLANE Corporate (KAR)

Operating Margin as of September 2024 (TTM): 5.67%

According to OPENLANE Corporate's latest financial reports and stock price the company's current Operating Margin is 5.67%. At the end of 2022 the company had an Operating Margin of 2.54%.

Operating Margin history for OPENLANE Corporate from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20222.54%-43.64%
20214.51%1726.29%
20200.25%-94.72%
20194.68%-59.54%
201811.56%0.42%
201711.51%2.04%
201611.28%-12.56%
201512.90%15.1%
201411.21%63.25%
20136.87%-11.09%
20127.72%61.83%
20114.77%-10.54%
20105.33%168.94%
20091.98%-114.19%
2008-13.98%219.14%
2007-4.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
40.16% 608.29%๐Ÿ‡บ๐Ÿ‡ธ USA
1.83%-67.72%๐Ÿ‡บ๐Ÿ‡ธ USA
3.39%-40.21%๐Ÿ‡บ๐Ÿ‡ธ USA
5.18%-8.64%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.