Openlane (OPLN) Divestments (2018 - 2023)

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

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

Openlane (OPLN) has reported Divestments for 6 consecutive years, with $7.0 million the latest figure, recorded in 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 came in at $7.0 million for Q1 2023 at Openlane, up from -$2.1 billion in the prior quarter.
  • The five-year high for Divestments was $2.1 billion in Q2 2022, with the low at -$2.1 billion in Q4 2022.
  • Average Divestments over 5 years is -$5.5 million, with a median of -$7.3 million recorded in 2021.
  • The largest YoY upside for Divestments was 13507.74% in 2022 against a maximum downside of 9866.04% in 2022.
  • Year by year, Divestments stood at -$15.8 million in 2019, then plunged by 138.61% to -$37.7 million in 2020, then soared by 156.23% to $21.2 million in 2021, then slumped by 9866.04% to -$2.1 billion in 2022, then surged by 100.34% to $7.0 million in 2023.
  • According to Business Quant data, Divestments over the past three periods registered $7.0 million, -$2.1 billion, and $4.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn -
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 77.00 Mn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 2.90 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 361.50 Mn
10 Openlane 44.24 Mn 7.44 Mn 256.20 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