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| Date | Value |
|---|---|
| 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 |