OPENLANE, Inc. company logo
OPENLANE, Inc. logo

OPENLANE, Inc. (KAR) Interest Expense

Annual Interest Expense

$21.80M$3.40M-13.49%

Summary

Current Value
As of today, KAR annual interest expense is $21.80M, down -13.49% on
Historical Performance
KAR annual interest expense is down -82.66% over the past 3 years, and down -88.50% over the past 5 years
All-Time High Comparison
KAR annual interest expense is currently -89.87% below its historical high of $215.20M set on
3-Year Low Comparison
KAR annual interest expense is at its 3-year low
Sector Comparison
KAR annual interest expense is higher than 89.30% of companies in Consumer Cyclical sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

KAR Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$21.80M-13.5%-82.7%-88.5%-87.4%
Quarterly Interest Expense$0.000.0%0.0%0.0%0.0%
TTM Interest Expense$0.000.0%0.0%0.0%0.0%
Price$30.46+49.2%+125.8%+66.8%+459.3%
Annual Interest Coverage Ratio8.24+271.3%+642.3%+387.6%+586.7%
Annual EBIT$179.70M+248.2%+28.4%-43.8%-13.2%
Annual Total Debt$1.94B-5.6%-47.0%-48.5%-14.9%
Annual Revenue$1.79B+5.5%+23.3%-35.7%+3.4%

Interest Expense Highs

KAR Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$40.20MN/A-45.8%
5Y$128.20MN/A-83.0%
All$215.20M-89.9%

Interest Expense Lows

KAR Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$21.80Mat low
5Y$21.80Mat low
All$21.80Mat low

Interest Expense History

YearValueChange
$21.80M-13.5%
$25.20M-37.3%
$40.20M-68.0%
$125.70M-2.0%
$128.20M-32.3%
$189.50M-0.9%
$191.20M+17.2%
$163.20M+17.6%
$138.80M+51.9%
YearValueChange
$91.40M+6.0%
$86.20M-17.7%
$104.70M-12.3%
$119.40M-16.6%
$143.10M+1.2%
$141.40M-18.1%
$172.60M-19.8%
$215.20M+32.6%
$162.30M-

FAQ

  • What is the current annual interest expense of KAR?

    As of today, KAR annual interest expense is $21.80M

  • What is 1-year change in KAR annual interest expense?

    KAR annual interest expense is down -13.49% year-over-year

  • What is 3-year change in KAR annual interest expense?

    KAR annual interest expense is down -82.66% over the past 3 years

  • How far is KAR annual interest expense from its all-time high?

    KAR annual interest expense is currently -89.87% below its historical high of $215.20M set on December 31, 2008

  • How does KAR annual interest expense rank versus sector peers?

    KAR annual interest expense is higher than 89.30% of companies in Consumer Cyclical sector

  • When is KAR next annual earnings release?

    The next annual earnings release for KAR is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. KAR Official Website corporate.openlane.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1395942/000139594225000068/0001395942-25-000068-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1395942/000139594225000007/0001395942-25-000007-index.htm
  4. KAR Profile on Yahoo Finance finance.yahoo.com/quote/KAR
  5. KAR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/kar