OPENLANE Corporate
KAR
$17.32
Share price
1.82%
Change (1 day)
26.15%
Change (1 year)
Categories
Operating Margin for OPENLANE Corporate (KAR)
Operating Margin as of April 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 |
|---|---|---|
| 2021 | 4.51% | 1726.29% |
| 2020 | 0.25% | -94.72% |
| 2019 | 4.68% | -59.54% |
| 2018 | 11.56% | 0.42% |
| 2017 | 11.51% | 2.04% |
| 2016 | 11.28% | -12.56% |
| 2015 | 12.90% | 15.1% |
| 2014 | 11.21% | 63.25% |
| 2013 | 6.87% | -11.09% |
| 2012 | 7.72% | 61.83% |
| 2011 | 4.77% | -10.54% |
| 2010 | 5.33% | 168.94% |
| 2009 | 1.98% | -114.19% |
| 2008 | -13.98% | 219.14% |
| 2007 | -4.38% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 4.03% | -11.62% | 🇺🇸 USA |
 Copart
CPRT | 38.30% | 739.91% | 🇺🇸 USA |
 America's Car-Mart CRMT | 9.93% | 117.76% | 🇺🇸 USA |
 Lithia Motors LAD | 5.15% | 12.94% | 🇺🇸 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.