OPENLANE, Inc. (OPLN) Key Metrics
OPLN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.52B
- Enterprise value
- $4.57B
- P/E (TTM)
- — 10-yr median 12.7
- Forward P/E
- 21.5
- PEG ratio
- 1.22
- Price / sales
- 2.2 10-yr median 1.1
- Price / book
- 2.7 10-yr median 1.6
- EV / EBITDA
- 13.6 10-yr median 10.7
- Dividend yield
- —
- Beta
- 1.27
OPLN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOPLN valuation Price multiples at each fiscal year-end price.
OPLN returns How much profit the business earns on the capital it uses.
OPLN per-share figures Results divided by the shares outstanding at year-end.
OPLN financial health Debt, liquidity and how easily interest is covered.
OPLN efficiency & capital use Working capital cycle and where the cash goes.
OPLN valuation history
OPLN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OPLN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OPLN cash returned to shareholders
OPLN price vs earnings per share
OPLN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.23B | $2.16B | $1.62B | $1.52B | $1.92B | $2.41B | $2.90B | $2.45B | $2.64B | $2.24B |
| Enterprise value | $4.51B | $2.30B | $1.95B | $1.87B | $3.70B | $3.88B | $4.64B | $6.29B | $5.00B | $5.79B |
| P/E ratio | 18.1 | 19.7 | — | 6.3 | 28.9 | — | 15.4 | 7.5 | 7.3 | 10.1 |
| Price / sales | 1.7 | 1.2 | 1.0 | 1.0 | 1.3 | 1.8 | 1.0 | 1.0 | 1.2 | 0.7 |
| Price / book | 2.1 | 1.6 | 0.8 | 0.7 | 0.9 | 1.5 | 1.8 | 1.7 | 1.8 | 1.6 |
| Price / free cash flow | 9.6 | 9.7 | 9.1 | — | 5.5 | 7.5 | 7.6 | 4.1 | 5.3 | 10.1 |
| Price / operating cash flow | 8.2 | 7.8 | 7.1 | — | 4.7 | 6.3 | 5.3 | 3.4 | 4.4 | 5.9 |
| EV / sales | 2.3 | 1.3 | 1.2 | 1.2 | 2.5 | 2.9 | 1.7 | 2.6 | 2.2 | 1.8 |
| EV / EBITDA | 10.9 | 8.4 | 17.6 | 10.4 | 14.8 | 22.5 | 9.1 | 12.1 | 6.0 | 7.9 |
| EV / free cash flow | 13.4 | 10.3 | 11.0 | — | 10.6 | 12.1 | 12.2 | 10.6 | 10.0 | 26.0 |
| Earnings yield | 5.5% | 5.1% | −9.5% | 15.9% | 3.5% | 0.0% | 6.5% | 13.4% | 13.7% | 9.9% |
| Free cash flow yield | 10.4% | 10.3% | 10.9% | −34.8% | 18.1% | 13.4% | 13.1% | 24.1% | 19.0% | 9.9% |
| Dividend yield | 1.2% | 2.1% | 2.7% | 1.5% | 0.0% | 2.0% | 5.7% | 7.7% | 6.6% | 7.0% |
| Shareholder yield (dividends + buybacks) | 20.0% | 3.4% | 4.1% | 13.5% | 9.4% | 2.5% | 9.8% | 13.8% | 12.3% | 10.6% |
| Share price at fiscal year-end | $29.78 | $19.84 | $14.81 | $13.05 | $15.62 | $18.61 | $21.79 | $18.06 | $19.12 | $16.13 |
| Per share | ||||||||||
| Revenue per share | $17.86 | $16.41 | $15.08 | $13.15 | $11.79 | $10.26 | $20.93 | $18.00 | $16.22 | $22.65 |
| Earnings per share | $1.64 | $1.01 | −$1.41 | $2.07 | $0.54 | $0.00 | $1.42 | $2.42 | $2.62 | $1.60 |
| Operating cash flow per share | $3.62 | $2.53 | $2.10 | −$4.01 | $3.35 | $2.97 | $4.08 | $5.33 | $4.33 | $2.72 |
| Free cash flow per share | $3.11 | $2.05 | $1.62 | −$4.54 | $2.83 | $2.49 | $2.86 | $4.36 | $3.62 | $1.60 |
| Cash per share | $1.31 | $1.31 | $0.86 | $1.94 | $1.44 | $5.82 | $3.82 | $2.04 | $2.30 | $1.45 |
| Book value per share | $14.19 | $12.32 | $17.78 | $18.32 | $17.10 | $12.50 | $12.42 | $10.79 | $10.76 | $10.05 |
| Tangible book value per share | $0.45 | −$1.46 | $3.21 | $2.57 | $0.84 | −$7.93 | −$5.10 | −$10.70 | −$10.53 | −$10.62 |
| Dividends per share | $0.36 | $0.41 | $0.41 | $0.19 | $0.00 | $0.38 | $1.24 | $1.39 | $1.27 | $1.13 |
| Capex per share | $0.51 | $0.49 | $0.48 | $0.52 | $0.52 | $0.49 | $1.22 | $0.97 | $0.71 | $1.12 |
| Debt per share | $13.14 | $2.60 | $3.92 | $4.93 | $15.89 | $17.19 | $16.92 | $30.31 | $19.42 | $26.96 |
| Shares outstanding | 108.3M | 109.0M | 109.1M | 116.3M | 123.0M | 129.3M | 132.9M | 135.7M | 138.0M | 139.1M |
| Change in shares outstanding | −0.6% | −0.1% | −6.2% | −5.4% | −4.9% | −2.7% | −2.1% | −1.7% | −0.8% | −2.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.3% | 6.7% | −7.6% | 11.4% | 3.6% | 0.0% | 12.1% | 22.2% | 25.1% | 16.0% |
| Return on invested capital (ROIC) | 13.9% | 6.8% | −0.2% | 2.2% | 1.8% | 1.7% | 5.1% | 5.8% | 7.4% | 6.8% |
| Return on assets (ROA) | 3.8% | 2.4% | −3.1% | 3.8% | 0.9% | 0.0% | 2.7% | 4.6% | 5.3% | 3.6% |
| Return on tangible assets | 5.5% | 3.5% | −4.9% | 7.3% | 1.2% | 0.0% | 4.4% | 7.6% | 8.9% | 6.0% |
| Free cash flow margin | 17.4% | 12.5% | 10.7% | −34.5% | 24.0% | 24.2% | 13.7% | 24.2% | 22.3% | 7.1% |
| Income quality (OCF / net income) | 2.21 | 2.51 | — | −1.93 | 6.20 | 768.80 | 2.88 | 2.20 | 1.65 | 1.70 |
| Financial health | ||||||||||
| Total debt | $1.42B | $282.9M | $427.4M | $573.7M | $1.95B | $2.22B | $2.25B | $4.11B | $2.68B | $3.75B |
| Cash & short-term investments | $141.5M | $143.0M | $93.5M | $225.7M | $177.6M | $752.1M | $507.6M | $277.1M | $317.2M | $201.8M |
| Net debt | $1.28B | $139.9M | $333.9M | $348.0M | $1.78B | $1.47B | $1.74B | $3.84B | $2.36B | $3.55B |
| Debt / equity | 0.93 | 0.21 | 0.22 | 0.27 | 0.93 | 1.38 | 1.36 | 2.81 | 1.80 | 2.68 |
| Debt / assets | 0.30 | 0.06 | 0.09 | 0.11 | 0.26 | 0.33 | 0.34 | 0.57 | 0.38 | 0.57 |
| Net debt / EBITDA | 3.11 | 0.51 | 3.01 | 1.94 | 7.11 | 8.52 | 3.42 | 7.36 | 2.86 | 4.83 |
| Current ratio | 1.16 | 1.11 | 1.15 | 1.14 | 1.13 | 1.41 | 1.29 | 1.26 | 1.31 | 1.22 |
| Quick ratio | 1.16 | 1.11 | 1.15 | 1.14 | 1.13 | 1.41 | 1.29 | 1.25 | 1.31 | 1.21 |
| Interest coverage | 2.5 | 8.4 | -0.0 | 2.4 | 1.0 | 0.5 | 1.7 | 1.8 | 2.0 | 3.6 |
| Working capital | $407.7M | $286.0M | $363.1M | $379.2M | $382.5M | $924.6M | $726.8M | $689.4M | $748.2M | $506.2M |
| Invested capital | $2.82B | $1.48B | $2.27B | $2.48B | $3.88B | $3.09B | $3.39B | $5.30B | $3.85B | $4.95B |
| Tangible asset value | $48.3M | −$158.7M | $350.7M | $299.1M | $103.5M | −$1.03B | −$677.9M | −$1.45B | −$1.45B | −$1.48B |
| Net current asset value | −$175.4M | −$428.1M | $55.1M | $33.4M | −$1.96B | −$2.01B | −$1.69B | −$2.43B | −$2.36B | −$2.32B |
| Graham number | $22.89 | $16.72 | — | $29.24 | $14.42 | $1.04 | $19.91 | $24.22 | $25.20 | $19.01 |
| Graham net-net per share | −$9.15 | −$11.09 | −$6.99 | −$6.57 | −$24.42 | −$21.18 | −$18.85 | −$26.60 | −$23.22 | −$22.30 |
| Capital allocation | ||||||||||
| Dividends paid | $38.6M | $44.4M | $44.4M | $22.2M | $0 | $49.0M | $164.3M | $188.3M | $174.8M | $157.1M |
| Share buybacks (net) | $604.9M | $30.0M | $22.2M | $182.2M | $180.9M | $10.2M | $119.7M | $150.0M | $150.0M | $80.4M |
| Dividend payout ratio | 21.7% | 40.4% | — | 9.2% | 0.0% | — | 87.2% | 57.4% | 48.3% | 70.6% |
| Dividends + buybacks / free cash flow | 191.2% | 33.3% | 37.7% | — | 51.9% | 18.4% | 74.7% | 57.2% | 64.9% | 106.6% |
| Capex / revenue | 2.9% | 3.0% | 3.2% | 4.0% | 4.4% | 4.7% | 5.8% | 5.4% | 4.3% | 4.9% |
| Capex / operating cash flow | 14.1% | 19.2% | 22.7% | — | 15.6% | 16.3% | 29.8% | 18.2% | 16.3% | 41.0% |
| Capex / depreciation | 0.60 | 0.56 | 0.51 | 0.61 | 0.58 | 0.58 | 0.86 | 0.76 | 0.57 | 0.64 |
| Stock-based compensation / revenue | 0.8% | 0.8% | 1.0% | 1.1% | 0.9% | 0.9% | 0.7% | 0.8% | 0.9% | 0.6% |
| SG&A / revenue | 23.0% | 22.8% | 25.6% | 28.5% | 29.0% | — | — | 30.0% | 28.6% | 18.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 501.0 | 525.0 | 581.3 | 662.7 | 647.1 | 662.1 | 328.9 | 379.6 | 414.8 | 266.9 |
| Days of inventory on hand | — | — | — | — | — | — | — | 6.5 | 5.6 | 3.4 |
| Days payables outstanding | 195.4 | 186.6 | 233.0 | 267.1 | 339.5 | 341.7 | 157.5 | 189.8 | 200.9 | 125.5 |
| Cash conversion cycle (days) | 305.6 | 338.3 | 348.2 | 395.7 | 307.6 | 320.4 | 171.3 | 196.3 | 219.5 | 144.8 |
| Receivables turnover | 0.73 | 0.70 | 0.63 | 0.55 | 0.56 | 0.55 | 1.11 | 0.96 | 0.88 | 1.37 |
| Payables turnover | 1.87 | 1.96 | 1.57 | 1.37 | 1.08 | 1.07 | 2.32 | 1.92 | 1.82 | 2.91 |
| Inventory turnover | — | — | — | — | — | — | — | 56.23 | 64.83 | 107.18 |
| Asset turnover | 0.41 | 0.38 | 0.33 | 0.24 | 0.20 | 0.20 | 0.40 | 0.34 | 0.33 | 0.51 |
| Average receivables | $2.66B | $2.57B | $2.62B | $2.78B | $2.57B | $2.41B | $2.51B | $2.54B | $2.54B | $2.30B |
| Average payables | $606.7M | $552.1M | $553.9M | $668.2M | $737.1M | $696.8M | $698.0M | $687.0M | $665.6M | $628.5M |
| Average inventory | — | — | — | — | — | — | — | $23.5M | $18.6M | $17.1M |
| Intangibles / total assets | 31.5% | 32.5% | 33.6% | 35.8% | 26.8% | 38.9% | 35.4% | 40.5% | 42.1% | 43.8% |
Computed from OPLN's annual financial statements (latest annual report filed February 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OPLN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), OPENLANE traded at 18.1 times earnings, against a 10-year median of 12.7. OPENLANE earned a return on equity of 12.3% and a return on invested capital of 13.9% in fiscal 2025. It ended the year with $1.4 billion of debt and $141.5 million in cash and short-term investments, net debt of $1.3 billion. It returned $643.5 million to shareholders: $38.6 million in dividends and $604.9 million in share buybacks, 191% of free cash flow. The share count fell 22.1% from 139.1M to 108.3M over 9 years.
See the OPLN income statement, the OPLN chart for price history, or the OPLN stock overview for the latest quote and news.
OPLN key metrics FAQ
What is OPENLANE's P/E ratio?
OPENLANE traded at 18.1 times earnings at the end of fiscal 2025.
What is OPENLANE's EV/EBITDA?
OPENLANE's enterprise value was 10.9 times EBITDA at the end of fiscal 2025 (enterprise value $4.5 billion, EBITDA $411.9 million); the current EV/EBITDA is 13.6.
What is OPENLANE's return on equity?
OPENLANE's return on equity (ROE) was 12.3% in fiscal 2025: net income of $177.7 million on average shareholders' equity of $1.4 billion.
What is OPENLANE's ROIC?
OPENLANE's return on invested capital was 13.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does OPENLANE have?
OPENLANE had total debt of $1.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.93 and $1.3 billion of net debt (3.11 times EBITDA).
What is OPENLANE's dividend yield?
OPENLANE paid $38.6 million in dividends in fiscal 2025 ($0.36 per share), a payout ratio of 21.7%.
Does OPENLANE buy back its shares?
Yes. OPENLANE spent $604.9 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.6% over the year, to 108.3M..
What is OPENLANE's free cash flow yield?
OPENLANE generated $336.5 million of free cash flow in fiscal 2025, a free cash flow yield of 10.4% on its market value at year-end ($3.2 billion).
What is OPENLANE's current ratio?
OPENLANE's current ratio was 1.16 at the end of fiscal 2025: current assets were 1.16 times current liabilities.