OPENLANE, Inc. (OPLN) Stock

OPENLANE, Inc. (OPLN) is a Consumer Discretionary stock trading at $34.18 (as of 2026-08-20), with a market capitalization of $4.20B and a trailing P/E of 20.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

OPENLANE, Inc., through its Marketplace and Finance segments, operates digital platforms for buying and selling used vehicles and provides related services such as logistics, reconditioning, inspections, titling, and collateral recovery. Its finance activities include short-term inventory-secured floorplan financing for independent and franchise vehicle dealers.

Understand OPENLANE, Inc.: how it makes money

OPENLANE runs a digital marketplace for used vehicles, connecting sellers and buyers and monetizing transactions with marketplace and related service and auction fees, and it also makes money through its Finance segment.

The profit engine is the combination of vehicle transaction volume, reflected in GMV and marketplace revenue, and the level of finance activity tied to floorplans (originated and curtailed), which supports finance-related revenue alongside marketplace fees.

Revenue by segment (latest quarter)
Marketpl.	$0.3B
Finance	$0.1B

Business quality (Mixed): Clear two-segment structure (Marketplace, Finance) with operational KPIs that track both transaction activity (GMV, marketplace/fees) and finance activity (AFC floorplans originated and curtailed).

Bull case

Marketplace scale and monetization: The company connects sellers and buyers through a digital marketplace and earns revenue from marketplace transactions and related activities.
Adds services around the vehicle trade: Marketplace offerings include inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, and administrative services.
Finance activity can complement marketplace revenue: The business also has a Finance segment, with finance-related revenue and KPIs tied to AFC floorplans (originated and curtailed).

Bear case

Dependence on used-vehicle transaction volume: If GMV and marketplace activity soften, the marketplace and related fee revenue streams could be pressured.
Finance results can vary with floorplan activity: Finance-related revenue is linked to floorplans, and changes in originated and curtailed floorplans can affect income and fees.
Operational complexity across services: The business performs multiple value-added functions (logistics, reconditioning, inspection and certification, titling, and collateral recovery), which increases execution risk.

Valuation — source: SEC EDGAR (first-party)
Price	$34.18
Market Cap	$4.20B
P/E Ratio	20.9
EV / EBITDA	13.8
Price / Book	2.67
Price / Sales	2.02
FCF Yield	5.8%
DCF Value (model)	$17.00
DCF Upside vs Price	-50.3%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.93B
Net Margin	9.2%
Revenue Growth (YoY)	15.1%
EPS Growth (YoY)	106.3%
FCF Growth (YoY)	-32.1%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.45 (distress)

Valuation vs Sector & Industry
Stock P/E	20.9
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Retail)	19.5
vs Sector	2.2%
vs Industry	7.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($451.31M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Peter J. Kelly
Employees	4,080
Country	US
IPO Date	2009-12-11

Related Companies (Business model: Brick-and-Mortar Retail (incl. Omnichannel); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.