Open Lending reported a gross margin of 76.31% and a net margin of -2.24% for the quarter ended Mar 2026. These financial ratios cover 29 quarters of results from Dec 2018 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2018 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||
| Gross Margin | 93.23% | 89.17% | 90.82% | 90.44% | 90.23% | 89.74% | 81.75% | 85.84% | 83.97% | 79.35% | 64.09% | 81.30% | 78.62% | 73.90% | 111.01% | 75.06% | 78.23% | 78.00% | 75.99% | 76.31% | |||||||||
| EBT Margin | 162.34% | 67.61% | 67.37% | 62.84% | 60.92% | 51.84% | 15.30% | 43.72% | 40.65% | 17.44% | -53.29% | 24.47% | 16.24% | 9.05% | 138.07% | 2.76% | 4.40% | -31.38% | 2.22% | -2.29% | |||||||||
| EBIT Margin | 73.42% | 69.18% | 68.23% | 64.40% | 63.04% | 54.86% | 17.80% | 44.57% | 41.20% | 17.44% | -55.41% | 23.82% | 14.93% | 7.95% | 138.00% | 3.12% | 4.65% | -31.86% | 3.91% | -3.09% | |||||||||
| EBITDA Margin | 73.42% | 69.18% | 68.23% | 64.40% | 63.04% | 54.86% | 17.80% | 44.57% | 41.20% | 17.44% | -55.41% | 23.82% | 14.93% | 7.95% | 138.00% | 3.12% | 4.65% | -31.86% | 3.91% | -3.09% | |||||||||
| Operating Margin | 73.42% | 69.18% | 68.23% | 64.40% | 63.04% | 54.86% | 17.80% | 44.57% | 41.20% | 17.44% | -55.41% | 23.82% | 14.93% | 7.95% | 138.00% | 3.12% | 4.65% | -31.86% | 3.91% | -3.09% | |||||||||
| Net Margin | 124.28% | 49.95% | 53.92% | 46.25% | 44.44% | 48.42% | -15.62% | 32.68% | 29.80% | 11.55% | -32.41% | 16.55% | 10.86% | 6.07% | 253.67% | 2.35% | 4.01% | -31.32% | 8.69% | -2.24% | |||||||||
| FCF Margin | 21.78% | 58.58% | 51.60% | 63.52% | 41.29% | 61.76% | 83.75% | 76.14% | 40.90% | 75.39% | 108.34% | 33.71% | -9.14% | 44.63% | 7.96% | -18.03% | 2.49% | -23.71% | 27.56% | -5.14% | |||||||||
| Efficiency | |||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 293.97M | 277.19M | 306.03M | 330.78M | 354.77M | 382.89M | 389.30M | 376.26M | 379.85M | 385.09M | 378.71M | 377.32M | 381.70M | 389.25M | 346.04M | 300.30M | 300.44M | 292.16M | 262.17M | 233.88M | |||||||||
| Invested CapitalInvested Cap. | 244.72M | 274.54M | 308.37M | 328.94M | 352.33M | 381.50M | 360.26M | 352.13M | 364.88M | 359.61M | 349.62M | 354.74M | 360.07M | 361.96M | 217.80M | 217.76M | 215.09M | 207.18M | 159.73M | 158.26M | |||||||||
| Asset Utilization RatioAsset Util. | 0.59 | 0.73 | 0.70 | 0.67 | 0.60 | 0.53 | 0.46 | 0.45 | 0.41 | 0.34 | 0.31 | 0.29 | 0.26 | 0.25 | 0.07 | 0.06 | 0.05 | 0.06 | 0.36 | 0.38 | |||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 40.00 | 42.48 | 72.04 | 40.15 | 29.19 | 17.28 | 2.08 | 7.16 | 5.92 | 1.62 | -2.94 | 2.64 | 1.46 | 0.63 | -27.57 | 0.29 | 0.49 | -3.17 | 0.34 | -0.48 | |||||||||
| Debt Ratio | 0.57 | 0.50 | 0.47 | 0.42 | 0.39 | 0.37 | 0.39 | 0.39 | 0.38 | 0.38 | 0.39 | 0.38 | 0.37 | 0.36 | 0.47 | 0.45 | 0.46 | 0.47 | 0.36 | 0.36 | |||||||||
| Times Interest Earned | 40.00 | 42.48 | 72.04 | 40.15 | 29.19 | 17.28 | 2.08 | 7.16 | 5.92 | 1.62 | -2.94 | 2.64 | 1.46 | 0.63 | -27.57 | 0.29 | 0.49 | -3.17 | 0.34 | -0.48 | |||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | |||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | |||||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | |||||||||||||||||||||||||||||
| Payout Ratio | |||||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||
| Price to EarningsP/E | 71.58 | 154.75 | 101.91 | 103.08 | 55.84 | 41.38 | -199.24 | 67.71 | 111.56 | 291.29 | -208.83 | 146.63 | 229.30 | 512.17 | -4.93 | 576.96 | 226.09 | -32.94 | 108.43 | -321.24 | |||||||||
| Price to SalesP/S | 88.96 | 77.29 | 54.95 | 47.67 | 24.81 | 20.03 | 31.12 | 22.13 | 33.25 | 33.64 | 67.69 | 24.26 | 24.90 | 31.09 | -12.52 | 13.55 | 9.06 | 10.32 | 9.43 | 7.21 | |||||||||
| Price to BookP/B | 56.01 | 35.67 | 17.85 | 13.02 | 6.22 | 4.35 | 3.92 | 4.13 | 5.79 | 4.07 | 4.92 | 3.53 | 3.07 | 3.31 | 9.12 | 4.14 | 2.90 | 3.42 | 2.43 | 1.96 | |||||||||
| Enterprise Value | 5,377.50M | 4,457.93M | 2,717.76M | 2,236.35M | 1,120.18M | 809.74M | 626.06M | 633.66M | 1,038.73M | 636.33M | 764.45M | 490.81M | 412.96M | 468.90M | 458.56M | 83.75M | -12.08M | 15.62M | -5.84M | -37.18M | |||||||||
| EV to EBIT | 119.83 | 109.43 | 77.15 | 69.36 | 34.14 | 29.14 | 131.17 | 37.07 | 66.08 | 140.28 | -92.36 | 67.02 | 103.50 | 251.29 | -5.84 | 109.91 | -10.27 | -2.03 | -7.72 | 58.74 | |||||||||
| EV to EBITDA | 119.83 | 109.43 | 77.15 | 69.36 | 34.14 | 29.14 | 131.17 | 37.07 | 66.08 | 140.28 | -92.36 | 67.02 | 103.50 | 251.29 | -5.84 | 109.91 | -10.27 | -2.03 | -7.72 | 58.74 | |||||||||
| Market Capitalization | 5,437.54M | 4,551.69M | 2,837.27M | 2,386.78M | 1,291.29M | 1,014.90M | 834.61M | 848.97M | 1,268.52M | 874.74M | 1,011.16M | 745.89M | 665.42M | 729.84M | 712.52M | 330.60M | 229.25M | 249.35M | 182.37M | 147.77M | |||||||||
| Price to FCFP/FCF | 408.53 | 131.95 | 106.50 | 75.05 | 60.09 | 32.44 | 37.15 | 29.07 | 81.29 | 44.62 | 62.47 | 71.97 | -272.49 | 69.66 | -157.22 | -75.15 | 363.32 | -43.51 | 34.21 | -140.33 | |||||||||
| EV to FCF | 404.02 | 129.23 | 102.01 | 70.32 | 52.12 | 25.88 | 27.87 | 21.69 | 66.57 | 32.46 | 47.23 | 47.36 | -169.11 | 44.75 | -101.18 | -19.04 | -19.15 | -2.73 | -1.10 | 35.31 | |||||||||
| EV to CFO | 380.09 | 125.79 | 101.66 | 70.03 | 51.73 | 25.78 | 27.91 | 21.47 | 64.63 | 31.31 | 45.63 | 44.59 | -293.50 | 41.21 | -135.75 | -21.82 | -14.25 | -2.76 | -1.07 | 48.66 | |||||||||
| Return Ratios | |||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 73.42% | 69.18% | 68.23% | 64.40% | 63.04% | 54.86% | 17.80% | 44.57% | 41.20% | 17.44% | -55.41% | 23.82% | 14.93% | 7.95% | 138.00% | 3.12% | 4.65% | -31.86% | 3.91% | -3.09% | |||||||||
| Return on Capital Employed [ROCE]ROCE | 42.30% | 53.57% | 51.12% | 48.08% | 41.38% | 35.00% | 26.09% | 22.94% | 18.07% | 11.54% | 8.12% | 5.43% | 2.11% | 1.37% | -21.88% | -28.15% | -29.51% | -34.64% | -2.35% | -3.46% | |||||||||
| Return on Invested Capital [ROIC]ROIC | 12.17% | 41.43% | 39.38% | 36.58% | 31.10% | 27.71% | 18.74% | 16.44% | 12.88% | 6.46% | 6.27% | 4.09% | 1.54% | 1.03% | -47.12% | -64.49% | -65.39% | -71.17% | -2.19% | -3.30% | |||||||||
| Return on Assets [ROA]ROA | 11.17% | 48.11% | 47.71% | 47.26% | 29.17% | 25.76% | 17.11% | 14.88% | 11.65% | 5.90% | 5.83% | 3.87% | 1.61% | 1.17% | -39.01% | -46.45% | -47.06% | -51.47% | -1.64% | -2.28% |