Openlane (OPLN) Divestments (2018 - 2023)

Openlane (OPLN) recorded quarterly Divestments of $7.0 million in Q1 2023, up 100.34% quarter-over-quarter from -$2.1 billion in Q4 2022, and up 159.32% on a YoY basis from $2.7 million in Q1 2022.

Openlane (OPLN) Divestments (2018 - 2023) Analysis & Trends

Openlane's Divestments history runs 6 years deep, the most recent figure standing at $7.0 million for Q1 2023.

  • In Q1 2023, Divestments rose 159.32% year-over-year to $7.0 million; the TTM figure through Dec 2023 stood at $7.0 million (changed N/A YoY), while the FY2023 annual figure was $7.0 million, changed N/A from the prior year.
  • Divestments was $7.0 million for Q1 2023 at Openlane, up from -$2.1 billion in the prior quarter.
  • In the past five years, Divestments ranged from a high of $2.1 billion in Q2 2022 to a low of -$2.1 billion in Q4 2022.
  • Historically, Divestments has averaged -$5.5 million across 5 years, with a median of -$7.3 million in 2021.
  • Biggest YoY gain for Divestments was 13507.74% in 2022; the steepest drop was 9866.04% in 2022.
  • A 5-year view of Divestments shows it stood at -$15.8 million in 2019, then tumbled by 138.61% to -$37.7 million in 2020, then soared by 156.23% to $21.2 million in 2021, then sank by 9866.04% to -$2.1 billion in 2022, then surged by 100.34% to $7.0 million in 2023.
  • The last three Divestments figures came in at $7.0 million (Q1 2023), -$2.1 billion (Q4 2022), and $4.0 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn -
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn -
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 2.90 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn -
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn -
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn -
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn -
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 361.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 7.00 Mn
Dec 31, 2022 -2.07 Bn
Sep 30, 2022 4.00 Mn
Jun 30, 2022 2.08 Bn
Mar 31, 2022 -11.80 Mn
Dec 31, 2021 21.20 Mn
Sep 30, 2021 -2.80 Mn
Jun 30, 2021 -15.50 Mn
Mar 31, 2021 -700,000.00
Dec 31, 2020 -37.70 Mn
Jun 30, 2019 -15.80 Mn
Mar 31, 2019 -21.60 Mn
Dec 31, 2018 -28.20 Mn
Sep 30, 2018 -10.10 Mn