OPENLANE Corporate
KAR
#4275
Rank
$1.77 B
Marketcap
$16.28
Share price
-2.69%
Change (1 day)
7.25%
Change (1 year)

Operating Margin for OPENLANE Corporate (KAR)

Operating Margin as of June 2024 (TTM): 4.56%

According to OPENLANE Corporate's latest financial reports and stock price the company's current Operating Margin is 4.56%. At the end of 2021 the company had an Operating Margin of 4.51%.

Operating Margin history for OPENLANE Corporate from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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
4.03%-11.62%๐Ÿ‡บ๐Ÿ‡ธ USA
38.30% 739.91%๐Ÿ‡บ๐Ÿ‡ธ USA
9.93% 117.76%๐Ÿ‡บ๐Ÿ‡ธ USA
5.15% 12.94%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.