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Companies / Industrials / OPENLANE, Inc.
OPLN

OPENLANE, Inc.

Ticker OPLNCARMEL, INFiscal year ends DecemberBook value per share $13.47Diluted shares 117.1M

OPENLANE, Inc. (NYSE: OPLN) operates digital wholesale used-vehicle marketplaces in the United States, Canada and Europe, connecting vehicle manufacturers, captive finance companies, financial institutions, fleet operators, rental companies and dealers with buyers, primarily franchise and independent dealers. Its… From the company’s description.

Over the twelve months to Sep 30, 2026, OPENLANE, Inc. reported revenue of $2.14B, up 10.7% from a year earlier, and net income of $197.40M. Its operating margin was 11.9%, and operations generated $435.00M in cash. In fiscal 2025, it reported revenue of $1.93B, up 8.2% from fiscal 2024, and net income of $177.70M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.93BFY2025
+8.2% year over year
Last 12 mo $2.14B
10.16%FY2025
No change, year over year
Last 12 mo 11.89%
$177.70MFY2025
+61.7% year over year
Last 12 mo $197.40M
14.32%FY2025
+6.1 percentage points
Last 12 mo 12.52%
Cash & financing
$391.90MFY2025
+33.8% year over year
Last 12 mo $435.00M
$336.50MFY2025
+40.3% year over year
Last 12 mo $379.60M
0.43FY2025
Was 0.17× a year earlier
Last 12 mo 0.34
—
Last 12 mo 117.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What OPENLANE, Inc. does

In the company’s own words

OPENLANE, Inc. (NYSE: OPLN) operates digital wholesale used-vehicle marketplaces in the United States, Canada and Europe, connecting vehicle manufacturers, captive finance companies, financial institutions, fleet operators, rental companies and dealers with buyers, primarily franchise and independent dealers. Its platforms facilitate online vehicle sales and offer remarketing technology, data and vehicle research, inspection, transportation, reconditioning, title and repossession administration services. OPENLANE generally facilitates transactions without taking ownership of the vehicles. The company also provides short-term, inventory-secured floorplan financing to independent vehicle dealers through its subsidiary AFC, using a network of physical locations and digital servicing. Its two reportable segments are Marketplace, which accounted for 78% of 2025 revenue, and Finance, which accounted for 22%. In 2025, OPENLANE facilitated approximately 1.5 million vehicle transactions with a gross merchandise value of $28.8 billion; AFC serviced approximately 1.7 million loan transactions. The company traces its OPENLANE brand to a digital remarketing business acquired in 2011, and adopted the OPENLANE name in 2023 after selling ADESA’s U.S. physical auction assets and spinning off IAA. Its website is corporate.openlane.com.

Company details
Sector
Industrials
Industry (SIC)
Retail
Headquarters
CARMEL, IN
Fiscal year end
December
CIK
1395942
SIC
5500

Financial performance, year by year

Fiscal 2011–2025 · USD
$-546.47M$630.64M$1.81B$2.98B$4.16B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns OPENLANE, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

325
funds hold it
2 of 35
superinvestors hold it
$1.93B
held by funds, at market
41.6%
of shares held by funds

Superinvestors in OPENLANE, Inc. · what they did last quarter

Bill NygrenDECREASED -32.4%
Harris Associates (Oakmark)
<0.1%of 13F portfolio
Polen CapitalDECREASED -7.2%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · OPENLANE, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.24%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.14%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do OPENLANE, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of OPENLANE, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in OPENLANE, Inc.'s last four quarterly filings that the numbers alone won't show?”
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