Openlane (OPLN) Tax Rate (2010 - 2026)
Openlane (OPLN) posted quarterly Tax Rate of 25.11% for Q1 2026, down 487.0% year-over-year from 6.49% in Q1 2025, and up 128.64% on a QoQ basis from 87.7% in Q4 2025.
Openlane (OPLN) Tax Rate (2010 - 2026) Analysis & Trends
Openlane (OPLN) has reported Tax Rate for 17 consecutive years, with 25.11% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 487.0% year-over-year to 25.11%; the TTM figure through Mar 2026 stood at 7.37% (down 2190.0% YoY), while the FY2025 annual figure was 7.54%, down 2285.0% from the prior year.
- Tax Rate came in at 25.11% for Q1 2026 at Openlane, up from 87.7% in the prior quarter.
- The five-year high for Tax Rate was 93.06% in Q3 2022, with the low at 87.7% in Q4 2025.
- Average Tax Rate over 5 years is 29.77%, with a median of 35.4% recorded in 2025.
- The largest YoY upside for Tax Rate was 15510 bps in 2022 against a maximum downside of 29036 bps in 2022.
- Year by year, Tax Rate stood at 29.93% in 2022, then rose by 20 bps to 35.85% in 2023, then slumped by 32 bps to 24.2% in 2024, then tumbled by 462 bps to 87.7% in 2025, then surged by 129 bps to 25.11% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.11%, 87.7%, and 14.62% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 8.16% |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 27.43% |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 28.21% |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 28.17% |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 25.50% |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 18.18% |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 23.87% |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 25.06% |
| 10 | Openlane | 44.24 Mn | 7.44 Mn | 256.20 Mn | 25.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.11% |
| Mar 31, 2026 | 25.11% |
| Dec 31, 2025 | -87.70% |
| Dec 31, 2025 | -87.70% |
| Sep 30, 2025 | 14.62% |
| Sep 30, 2025 | 14.62% |
| Jun 30, 2025 | 35.40% |
| Jun 30, 2025 | 35.40% |
| Mar 31, 2025 | 29.98% |
| Mar 31, 2025 | 29.98% |
| Dec 31, 2024 | 24.20% |
| Dec 31, 2024 | 24.20% |
| Sep 30, 2024 | 31.57% |
| Sep 30, 2024 | 31.57% |
| Jun 30, 2024 | 41.21% |
| Jun 30, 2024 | 41.21% |
| Mar 31, 2024 | 36.64% |
| Mar 31, 2024 | 36.64% |
| Dec 31, 2023 | 35.85% |
| Dec 31, 2023 | 35.85% |