Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024)
Open Lending (LPRO) posted Long-Term Deferred Tax of $65.6 million for Q3 2024, down 0.97% sequentially from $66.3 million in Q2 2024, and up 1.35% YoY from $64.7 million in Q4 2023.
Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
Open Lending (LPRO) has 5 years of Long-Term Deferred Tax data on file, last reported at $65.6 million in Q3 2024.
- Quarterly Long-Term Deferred Tax rose 1.35% year-over-year to $65.6 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $65.6 million (up 1.35% YoY) and the FY2023 annual result came in at $70.1 million, up 7.65% from the prior year.
- Long-Term Deferred Tax fell to $65.6 million in Q3 2024 per LPRO's latest filing, from $66.3 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $89.2 million in Q2 2020, with the low at $63.3 million in Q2 2023.
- Average Long-Term Deferred Tax over 5 years is $70.8 million, with a median of $66.4 million recorded in 2022.
- Year-over-year, Long-Term Deferred Tax dropped 23.39% in 2021 and climbed 11.09% in 2022.
- Open Lending's Long-Term Deferred Tax stood at $85.2 million in 2020, then fell by 23.13% to $65.5 million in 2021, then slipped by 0.57% to $65.1 million in 2022, then climbed by 7.65% to $70.1 million in 2023, then slipped by 6.42% to $65.6 million in 2024.
- Business Quant data shows LPRO's Long-Term Deferred Tax at $65.6 million in Q3 2024, $66.3 million in Q2 2024, and $68.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Open Lending | 366.29 Mn | 181.34 Mn | 15.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 65.61 Mn |
| Jun 30, 2024 | 66.26 Mn |
| Mar 31, 2024 | 67.96 Mn |
| Dec 31, 2023 | 70.11 Mn |
| Sep 30, 2023 | 64.74 Mn |
| Jun 30, 2023 | 63.35 Mn |
| Mar 31, 2023 | 63.91 Mn |
| Dec 31, 2022 | 65.13 Mn |
| Sep 30, 2022 | 73.36 Mn |
| Jun 30, 2022 | 66.50 Mn |
| Mar 31, 2022 | 64.95 Mn |
| Dec 31, 2021 | 65.50 Mn |
| Sep 30, 2021 | 66.04 Mn |
| Jun 30, 2021 | 68.32 Mn |
| Mar 31, 2021 | 83.89 Mn |
| Dec 31, 2020 | 85.22 Mn |
| Sep 30, 2020 | 85.27 Mn |
| Jun 30, 2020 | 89.18 Mn |