Openlane (OPLN) Net Margin (2016 - 2023)
Historic Net Margin for Openlane (OPLN) over the last 15 years, with Q4 2023 value amounting to 0.17%.
- Openlane's Net Margin rose 14600.0% to 0.17% in Q4 2023 from the same period last year, while for Sep 2024 it was 0.04%, marking a year-over-year increase of 3300.0%. This contributed to the annual value of 0.04% for FY2023, which is 138600.0% down from last year.
- Per Openlane's latest filing, its Net Margin stood at 0.17% for Q4 2023, which was up 14600.0% from 1.29% recorded in Q4 2022.
- Over the past 5 years, Openlane's Net Margin peaked at 56.12% during Q2 2022, and registered a low of 2.82% during Q4 2021.
- In the last 5 years, Openlane's Net Margin had a median value of 3.06% in 2019 and averaged 7.0%.
- Per our database at Business Quant, Openlane's Net Margin plummeted by -130400bps in 2021 and then skyrocketed by 489900bps in 2022.
- Quarter analysis of 5 years shows Openlane's Net Margin stood at 0.67% in 2019, then surged by 1424bps to 10.22% in 2020, then plummeted by -128bps to 2.82% in 2021, then surged by 54bps to 1.29% in 2022, then soared by 113bps to 0.17% in 2023.
- Its Net Margin was 0.17% in Q4 2023, compared to 1.29% in Q4 2022 and 1.6% in Q3 2022.