OPENLANE, Inc. (KAR)

OPENLANE Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	119.3	143	93.5	225.7	177.6	752.1
Cash & Short-Term Investments	119.3	143	93.5	225.7	177.6	752.1
Cash Growth	-9.69%	52.94%	-58.57%	27.08%	-76.39%	48.17%
Receivables	2,849	2,571	2,574	2,666	2,887	2,256
Restricted Cash	27.1	40.7	65.4	52	25.8	60.2
Other Current Assets	110.8	96.9	109.2	78.9	301.1	106.7
Total Current Assets	3,106	2,852	2,842	3,022	3,392	3,175
Property, Plant & Equipment	162.5	216.4	245.7	208.4	238.2	940.5
Long-Term Investments	29.5	28.4	-	-	-	-
Goodwill	1,242	1,223	1,271	1,465	1,598	2,140
Other Intangible Assets	253.9	278.5	317.6	367.2	402.4	501.5
Other Long-Term Assets	23	24.6	49.9	57.3	1,820	40.8
Total Assets	4,817	4,622	4,726	5,120	7,451	6,798
Accounts Payable	690.7	547.6	556.6	551.2	785.3	688.9
Accrued Expenses	144.4	112.8	114	106.4	130.1	226.9
Short-Term Debt	1,817	1,681	1,650	1,681	1,692	1,261
Current Portion of Long-Term Debt	15.8	201.8	137	285	16.3	24.3
Current Portion of Leases	-	11.7	11.9	12.4	15.7	46.1
Current Income Taxes Payable	9.7	10.6	9.8	6.9	7.9	3.2
Other Current Liabilities	-	-	-	-	361.7	-
Total Current Liabilities	2,678	2,566	2,479	2,643	3,009	2,251
Long-Term Debt	-	-	202.4	205.3	1,857	1,880
Long-Term Leases	54.8	60.4	70.4	80.6	91.1	351.7
Long-Term Deferred Tax Liabilities	26.9	24.4	20.9	54	138.4	128.6
Other Long-Term Liabilities	18.3	16.8	14.3	5.9	250.8	22
Total Liabilities	2,778	2,667	2,787	2,989	5,347	4,633
Common Stock	1.1	1.1	1.1	1.1	1.2	1.3
Additional Paid-In Capital	696.3	720.9	738.2	743.8	910.8	1,047
Retained Earnings	774.7	689.8	624.4	822.9	625.7	600.7
Comprehensive Income & Other	-45.5	-69.1	-36.7	-49.5	-24.7	-32.7
Total Common Equity	1,427	1,343	1,327	1,518	1,513	1,616
Shareholders' Equity	2,039	1,955	1,940	2,131	2,104	2,166
Total Liabilities & Equity	4,817	4,622	4,726	5,120	7,451	6,798
Total Debt	1,888	1,955	2,071	2,265	3,673	3,563
Net Cash (Debt)	-1,768	-1,812	-1,978	-2,039	-3,495	-2,811
Net Cash Per Share	-16.27	-16.59	-18.13	-17.53	-28.41	-21.74
Filing Date Shares Outstanding	106.26	106.91	108.05	108.92	121.18	129.7
Total Common Shares Outstanding	106.45	106.85	108.04	108.91	121.16	129.7
Working Capital	428.5	286	363.1	379.2	382.5	924.6
Book Value Per Share	13.40	12.57	12.28	13.94	12.49	12.46
Tangible Book Value	-69	-158.7	-261.8	-313.4	-487.4	-1,026
Tangible Book Value Per Share	-0.65	-1.49	-2.42	-2.88	-4.02	-7.91
Land	-	77.9	84.8	40.1	50.2	205.6
Buildings	-	88	92.9	83	87.3	394.7
Machinery	-	109.1	144.9	159.6	165.6	375.7
Construction In Progress	-	3.1	1.8	5.4	7.1	19

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q