Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024)
Open Lending's (LPRO) quarterly Long-Term Deferred Tax came in at $65.6 million in Q3 2024, up 1.35% year-on-year from $64.7 million in Q4 2023, and down 0.97% quarter-over-quarter from $66.3 million in Q2 2024.
Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
Open Lending has disclosed Long-Term Deferred Tax across 5 years of filings, most recently posting $65.6 million for Q3 2024.
- Long-Term Deferred Tax for Q3 2024 came in at $65.6 million, up 1.35% year-over-year; the trailing twelve-month figure through Sep 2024 was $65.6 million (up 1.35% YoY), and the FY2023 annual result was $70.1 million, up 7.65% from the prior year.
- Long-Term Deferred Tax came in at $65.6 million for Q3 2024 at Open Lending, down from $66.3 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $89.2 million in Q2 2020 to a low of $63.3 million in Q2 2023.
- The 5-year median for Long-Term Deferred Tax is $66.4 million (2022), against an average of $70.8 million.
- Across the five-year window, Long-Term Deferred Tax fell 23.39% in 2021 and increased 11.09% in 2022, its largest moves.
- Open Lending's Long-Term Deferred Tax stood at $85.2 million in 2020, then slipped by 23.13% to $65.5 million in 2021, then fell by 0.57% to $65.1 million in 2022, then rose by 7.65% to $70.1 million in 2023, then fell by 6.42% to $65.6 million in 2024.
- The last three Long-Term Deferred Tax figures came in at $65.6 million (Q3 2024), $66.3 million (Q2 2024), and $68.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn |
| 10 | Open Lending | 248.51 Mn | 248.51 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 |