KAR - KAR Auction Services, Inc.
NYSE
->
Consumer Cyclical
->
Specialty Retail
Carmel,
United States
Type: Equity
KAR price evolution
KAR
| (in millions $) | 30 Oct 2024 | 30 Jul 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $128.6 | $150.9 | $158.9 | |
| Short term investments | ||||
| Net receivables | $2492.5 | $2512.2 | $2683.7 | $2573.8 |
| Inventory | ||||
| Total current assets | $2784.8 | $2774.1 | $2958.3 | $2841.9 |
| Long term investments | ||||
| Property, plant & equipment | $230.2 | $231.7 | $236.5 | $245.7 |
| Goodwill & intangible assets | $1562.1 | $1573.6 | $1588.8 | |
| Total noncurrent assets | $1843.7 | $1860.1 | $1884.4 | |
| Total investments | ||||
| Total assets | $4625.8 | $4617.8 | $4818.4 | $4726.3 |
| Current liabilities | ||||
| Accounts payable | $650.8 | $600.3 | $744.1 | $556.6 |
| Deferred revenue | ||||
| Short long term debt | $272 | $120.4 | $154.6 | |
| Total current liabilities | $2585.3 | $2576.1 | $2573.7 | $2478.8 |
| Long term debt | $65.5 | $267.9 | $272.8 | |
| Total noncurrent liabilities | $713.5 | $914.5 | $920.5 | |
| Total debt | $337.5 | $388.3 | $427.4 | |
| Total liabilities | $2686.2 | $2677.1 | $3488.2 | $3399.3 |
| Shareholders' equity | ||||
| Retained earnings | $648.6 | $631.3 | $631.8 | $624.4 |
| Other shareholder equity | -$42.4 | -$50 | -$46.2 | -$36.7 |
| Total shareholder equity | $1328.2 | $1330.2 | $1327 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $158.9 | $277.7 | $215.8 | $812.3 |
| Short term investments | ||||
| Net receivables | $2573.8 | $2665.8 | $3033 | $2256.2 |
| Inventory | ||||
| Total current assets | $2841.9 | $3022.4 | $3358.3 | $3175.2 |
| Long term investments | ||||
| Property, plant & equipment | $245.7 | $208.4 | $904.9 | $940.5 |
| Goodwill & intangible assets | $1588.8 | $1831.7 | $3097.6 | $2641.7 |
| Total noncurrent assets | $1884.4 | $2097.4 | $4058.9 | $3623 |
| Total investments | ||||
| Total assets | $4726.3 | $5119.8 | $7417.2 | $6798.2 |
| Current liabilities | ||||
| Accounts payable | $556.6 | $551.2 | $1023.5 | $688.9 |
| Deferred revenue | ||||
| Short long term debt | $154.6 | $288.7 | $16.3 | $24.3 |
| Total current liabilities | $2478.8 | $2643.2 | $2975.8 | $2250.6 |
| Long term debt | $272.8 | $206.2 | $2166.8 | $2198 |
| Total noncurrent liabilities | $920.5 | $958.3 | $2928.4 | $2931.8 |
| Total debt | $427.4 | $573.7 | $2183.1 | $2222.3 |
| Total liabilities | $3399.3 | $2989 | $5904.2 | $5182.4 |
| Shareholders' equity | ||||
| Retained earnings | $624.4 | $822.9 | $625.7 | $600.7 |
| Other shareholder equity | -$36.7 | -$49.5 | -$24.7 | -$32.7 |
| Total shareholder equity | $1327 | $1518.3 | $1513 | $1615.8 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $431.8 | $416.3 | $391.3 | |
| Cost of revenue | $245.9 | $213.9 | $204.8 | |
| Gross Profit | $185.9 | $202.4 | $186.5 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $106 | $108.7 | $103.8 | |
| Total operating expenses | $130.1 | $133 | $129.1 | |
| Operating income | $55.8 | $69.4 | $57.4 | |
| Income from continuing operations | ||||
| EBIT | $55.6 | $68.9 | $61.2 | |
| Income tax expense | $7.5 | $10.7 | $7.6 | |
| Interest expense | $37.4 | $39.7 | $39.3 | |
| Net income | ||||
| Net income | $10.7 | $18.5 | $14.3 | |
| Income (for common shares) | $10.7 | $18.5 | $14.3 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1645.1 | $1519.4 | $2251.6 | $2187.7 |
| Cost of revenue | $867.6 | $834.3 | $1299.9 | $1284.8 |
| Gross Profit | $777.5 | $685.1 | $951.7 | $902.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $430.4 | $445.1 | $558.1 | $545.4 |
| Total operating expenses | $782.7 | $545.3 | $741.1 | $766.5 |
| Operating income | -$5.2 | $139.8 | $210.6 | $136.4 |
| Income from continuing operations | ||||
| EBIT | $10 | $370.4 | $228.1 | $134.3 |
| Income tax expense | $8.3 | $10 | $35 | $4.9 |
| Interest expense | $155.8 | $119.2 | $126.6 | $128.9 |
| Net income | ||||
| Net income | -$154.1 | $241.2 | $66.5 | $0.5 |
| Income (for common shares) | -$154.1 | $241.2 | $66.5 | $0.5 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $10.7 | $18.5 | $14.3 | |
| Operating activities | ||||
| Depreciation | $24.1 | $24.3 | $25.3 | |
| Business acquisitions & disposals | -$103 | |||
| Stock-based compensation | $3.5 | $6.6 | $3.4 | |
| Total cash flows from operations | $37.4 | $100.2 | $19.3 | |
| Investing activities | ||||
| Capital expenditures | -$12.7 | -$12.9 | -$12.2 | |
| Investments | $58.3 | -$26.8 | $63.9 | |
| Total cash flows from investing | $10.4 | $45.6 | -$39.7 | -$51.3 |
| Financing activities | ||||
| Dividends paid | -$33.3 | |||
| Sale and purchase of stock | $0.4 | $0.4 | $0.6 | |
| Net borrowings | -$66.9 | -$16.5 | $100 | |
| Total cash flows from financing | -$264.3 | -$102.9 | -$63.6 | $32.2 |
| Effect of exchange rate | -$3.1 | -$2.4 | -$4.9 | $6.6 |
| Change in cash and equivalents | $1.7 | -$22.3 | -$8 | $6.8 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$154.1 | $241.2 | $66.5 | $0.5 |
| Operating activities | ||||
| Depreciation | $101.5 | $100.2 | $183 | $191.3 |
| Business acquisitions & disposals | -$103 | -$0.4 | -$519.6 | -$396.7 |
| Stock-based compensation | $16.5 | $16.6 | $15.6 | $14 |
| Total cash flows from operations | $235.4 | -$455 | $413.2 | $384.4 |
| Investing activities | ||||
| Capital expenditures | -$51.7 | -$21.1 | -$96.4 | -$100.5 |
| Investments | $64.2 | $91.5 | -$602.6 | $170.6 |
| Total cash flows from investing | -$83.5 | $2147.4 | -$1218.6 | -$326.6 |
| Financing activities | ||||
| Dividends paid | -$49 | |||
| Sale and purchase of stock | -$19.5 | -$180.8 | -$149.4 | $6.9 |
| Net borrowings | -$138.4 | -$1402.6 | -$24.7 | -$46.5 |
| Total cash flows from financing | -$279.9 | -$1611.1 | $210.4 | $194.8 |
| Effect of exchange rate | $9.2 | -$19.4 | -$1.5 | -$1.2 |
| Change in cash and equivalents | -$118.8 | $74.3 | -$596.5 | $251.4 |
News
Fundamentals
| Market cap | $2.11B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 106.84M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 2.56 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.08 |
| Quick ratio | N/A |