OPLNOPENLANE, Inc.
Retail-Auto Dealers & Gasoline Stations
- Revenue
- $1.9B
- 8.2% YoY
- Operating margin
- 10.2%
- 0.2% YoY
- EBITDA
- $288M
- 3.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.2×
- $360M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear221% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear12% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear25% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.7B | $1.8B | $1.9B | 8.2% |
| Operating income | $128M | $95M | −$136M | $182M | $197M | 7.9% |
| Net income | $67M | $241M | −$154M | $110M | $178M | 62% |
| Operating cash flow | $234M | $4M | $237M | $293M | $392M | 34% |
| Capex | $64M | $61M | $52M | $53M | $55M | 4.5% |
| Stock-based comp | $13M | $17M | $17M | $15M | $15M | 0.7% |
| Buybacks | $181M | $182M | $22M | $30M | $46M | 52% |
| Dividends | $0 | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 160 | 142 |
| FY2024 | — | — | 107 | 134 |
| FY2023 | — | — | 80 | 123 |
| FY2022 | — | — | 70 | 106 |
| FY2021 | — | — | 84 | 127 |