OPLN NYSE
Credit Risk of going bust: lower than 78% of companies Debt: 11.3% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.32 (down 99.1%), OPENLANE, Inc. would be worth roughly what it owes.
Total debt $585.5M against a stock market value of $4.62B.
Distance to default 9.06 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $270.1M (short-term plus half of long-term), stock volatility 33.6%; Altman Z 1.74. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Carmel, IN 46032
US
OPENLANE, Inc., including its various subsidiaries, functions as a leading digital platform designed for the transaction of pre-owned vehicles, connecting buyers and sellers across major markets in the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are distinctly divided into two primary segments: Marketplace and Finance. The Marketplace segment offers comprehensive digital services for both acquiring and divesting used vehicles. This is augmented by an array of value-added ancillary services, such as inbound and outbound transportation logistics, vehicle reconditioning, detailed inspection and certification, titling assistance, administrative support, and collateral recovery. A key component of this segment is the OPENLANE platform, a mobile application-enabled solution that empowers dealerships to effectively source and sell their inventory. The clientele for this segment is diverse, including commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealerships, and vehicle manufacturers. Conversely, the Finance segment specializes in providing floorplan financing. This entails offering short-term, inventory-secured capital specifically to independent vehicle dealers. Established in 2006 and headquartered in Carmel, Indiana, the company underwent a name change in May 2023, transitioning from its former identity as KAR Auction Services, Inc. to OPENLANE, Inc.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Smith Mary Ellen | A-Award | 773 | $34.13 | 2026-09-30 |
| Kelly Peter J | P-Purchase | 14,830 | $33.72 | 2026-08-24 |
| Ignition Acquisition | S-Sale | 8,000,000 | $34.36 | 2026-08-13 |
| Price Dwayne P | M-Exempt | 441 | — | 2026-08-09 |
| Price Dwayne P | F-InKind | 126 | $36.98 | 2026-08-09 |