OPENLANE, Inc. Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
OPENLANE, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • OPENLANE, Inc. Operating Margin for the quarter ending December 31, 2024 was 10.2 %.
  • OPENLANE, Inc. annual Operating Margin for 2024 was 10.2 %.
  • OPENLANE, Inc. annual Operating Margin for 2023 was -8.01 %, a 229% decline from 2022.
  • OPENLANE, Inc. annual Operating Margin for 2022 was 6.19 %, a 29.6% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 10.2 +18.2 Jan 1, 2024 Dec 31, 2024
2023 -8.01 -14.2 -229% Jan 1, 2023 Dec 31, 2023
2022 6.19 -2.6 -29.6% Jan 1, 2022 Dec 31, 2022
2021 8.79 +3.57 +68.5% Jan 1, 2021 Dec 31, 2021
2020 5.22 -6.08 -53.8% Jan 1, 2020 Dec 31, 2020
2019 11.3 -2.63 -18.9% Jan 1, 2019 Dec 31, 2019
2018 13.9 -0.66 -4.53% Jan 1, 2018 Dec 31, 2018
2017 14.6 -1.26 -7.95% Jan 1, 2017 Dec 31, 2017
2016 15.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.