OPENLANE, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 15.8% | 7.1% |
| FY2017 | 46.0% | 14.6% | 16.2% |
| FY2018 | 45.9% | 13.9% | 13.4% |
| FY2019 | 41.9% | 11.3% | 6.8% |
| FY2020 | 43.9% | 5.2% | 0.0% |
| FY2021 | 45.4% | 8.8% | 4.6% |
| FY2022 | 45.4% | 6.2% | 15.8% |
| FY2023 | 48.8% | -8.0% | -9.1% |
| FY2024 | 46.5% | 10.2% | 6.1% |
| FY2025 | 46.2% | 10.2% | 9.2% |