Openlane Inc (KAR)
17.50
-0.06
(-0.34%)
USD |
NYSE |
Apr 24, 16:00
17.50
0.00 (0.00%)
After-Hours: 19:38
Openlane Gross Profit Margin (Quarterly): 47.66% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 47.66% |
| September 30, 2023 | 48.11% |
| June 30, 2023 | 46.61% |
| March 31, 2023 | 46.70% |
| December 31, 2022 | 45.82% |
| September 30, 2022 | 46.67% |
| June 30, 2022 | 44.85% |
| March 31, 2022 | 42.93% |
| December 31, 2021 | 45.71% |
| September 30, 2021 | 46.50% |
| June 30, 2021 | 44.47% |
| March 31, 2021 | 44.89% |
| December 31, 2020 | 35.05% |
| September 30, 2020 | 44.46% |
| June 30, 2020 | 43.89% |
| March 31, 2020 | 38.87% |
| December 31, 2019 | 41.17% |
| September 30, 2019 | 41.46% |
| June 30, 2019 | 41.96% |
| March 31, 2019 | 42.88% |
| December 31, 2018 | 44.04% |
| September 30, 2018 | 46.00% |
| June 30, 2018 | 47.03% |
| March 31, 2018 | 43.71% |
| December 31, 2017 | 23.05% |
| Date | Value |
|---|---|
| September 30, 2017 | 43.16% |
| June 30, 2017 | 43.86% |
| March 31, 2017 | 42.16% |
| December 31, 2016 | 39.99% |
| September 30, 2016 | 41.81% |
| June 30, 2016 | 43.23% |
| March 31, 2016 | 43.03% |
| December 31, 2015 | 38.38% |
| September 30, 2015 | 43.29% |
| June 30, 2015 | 44.33% |
| March 31, 2015 | 44.32% |
| December 31, 2014 | 39.76% |
| September 30, 2014 | 44.32% |
| June 30, 2014 | 45.00% |
| March 31, 2014 | 44.42% |
| December 31, 2013 | 43.45% |
| September 30, 2013 | 44.50% |
| June 30, 2013 | 44.79% |
| March 31, 2013 | 40.57% |
| December 31, 2012 | 41.18% |
| September 30, 2012 | 44.39% |
| June 30, 2012 | 46.05% |
| March 31, 2012 | 46.85% |
| December 31, 2011 | 43.94% |
| September 30, 2011 | 44.93% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
35.05%
Minimum
Dec 2020
48.11%
Maximum
Sep 2023
44.09%
Average
44.85%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| Group 1 Automotive Inc | 16.31% |
| Kingsway Financial Services Inc | -- |
| CarMax Inc | 10.42% |
| Cars.com Inc | 82.79% |
| Cheetah Net Supply Chain Service Inc | 11.71% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -10.99% |
| Return on Assets | -3.13% |
| Return on Invested Capital | -8.63% |
| Profit Margin (Quarterly) | 3.65% |
| Operating Margin (Quarterly) | 14.67% |
| Return on Net Operating Assets | -3.38% |