KAR Gross Profit from 2010 to 2024

KAR Stock

USD 19.86 0.29 1.48%

KAR Auction Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 1.1 B this year. Gross Profit is the profit KAR Auction Services makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2007-06-30

Previous Quarter

161.8 M

Current Value

196.4 M

Quarterly Volatility

83.3 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check KAR Auction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KAR Auction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.9 M, Interest Expense of 115.3 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0261 or PTB Ratio of 0.82. KAR financial statements analysis is a perfect complement when working with KAR Auction Valuation or Volatility modules.

Check out the analysis of KAR Auction Correlation against competitors.

Latest KAR Auction's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of KAR Auction Services over the last few years. Gross profit is a required income statement account that reflects total revenue of KAR Auction Services minus its cost of goods sold. It is profit before KAR Auction operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. KAR Auction's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KAR Auction's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 685.1 M

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Gross Profit

Timeline

KAR Gross Profit Regression Statistics

	Arithmetic Mean	1,020,108,275
	Geometric Mean	978,143,496
	Coefficient Of Variation	29.21
	Mean Deviation	226,635,493
	Median	951,700,000
	Standard Deviation	298,005,594
	Sample Variance	88807.3T
	Range	1.2B
	R-Value	0.15
	Mean Square Error	93619.8T
	R-Squared	0.02
	Significance	0.61
	Slope	9,681,674
	Total Sum of Squares	1243302.7T

KAR Gross Profit History

	2024	1.1 B
	2023	777.5 M
	2022	685.1 M
	2021	951.7 M
	2020	902.9 M
	2019	1.2 B
	2018	1.6 B

Other Fundumenentals of KAR Auction Services

Gross Profit Margin

KAR Auction Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Accumulated Depreciation
Total Assets		0.32	0.35	0.41	0.92	0.36	0.72	0.9	0.4	0.95	0.79	-0.34	0.02	0.14	0.42	-0.51	-0.28	0.47	-0.23	-0.33	0.69	0.5	0.41	0.15	0.06	-0.21	0.08
Total Stockholder Equity	0.32		-0.58	0.81	0.5	-0.56	0.66	0.16	0.49	0.03	0.68	0.33	-0.35	-0.37	-0.47	-0.05	0.54	-0.46	-0.77	-0.75	0.07	0.76	0.43	-0.7	-0.5	0.43	-0.16
Net Debt	0.35	-0.58		-0.56	0.11	0.99	-0.18	0.51	-0.17	0.51	-0.13	-0.77	0.36	0.6	0.96	-0.58	-0.95	0.96	0.6	0.64	0.36	-0.35	-0.15	0.85	0.62	-0.48	0.68
Retained Earnings	0.41	0.81	-0.56		0.6	-0.54	0.71	0.17	0.58	0.21	0.75	0.4	-0.65	-0.66	-0.56	0.11	0.64	-0.5	-0.94	-0.97	0.29	0.92	0.5	-0.76	-0.61	0.43	-0.39
Accounts Payable	0.92	0.5	0.11	0.6		0.12	0.91	0.7	0.58	0.84	0.95	-0.09	-0.13	-0.02	0.19	-0.34	-0.05	0.25	-0.48	-0.53	0.68	0.72	0.38	-0.13	-0.16	-0.04	0.01
Long Term Debt	0.36	-0.56	0.99	-0.54	0.12		-0.18	0.5	-0.12	0.52	-0.1	-0.8	0.35	0.61	0.95	-0.56	-0.9	0.97	0.61	0.62	0.44	-0.32	-0.03	0.86	0.7	-0.48	0.67
Net Receivables	0.72	0.66	-0.18	0.71	0.91	-0.18		0.43	0.64	0.59	0.98	0.22	-0.19	-0.17	-0.08	-0.17	0.2	-0.03	-0.65	-0.67	0.54	0.79	0.24	-0.41	-0.42	0.23	-0.07
Good Will	0.9	0.16	0.51	0.17	0.7	0.5	0.43		0.14	0.87	0.51	-0.49	0.16	0.22	0.59	-0.58	-0.51	0.57	0.0	-0.09	0.44	0.23	0.23	0.32	0.13	-0.33	0.14
Short Term Investments	0.4	0.49	-0.17	0.58	0.58	-0.12	0.64	0.14		0.33	0.68	0.04	-0.59	-0.43	-0.15	-0.23	0.29	-0.12	-0.55	-0.54	0.39	0.68	0.27	-0.44	-0.33	0.16	-0.07
Total Liab	0.95	0.03	0.51	0.21	0.84	0.52	0.59	0.87	0.33		0.66	-0.44	0.07	0.19	0.55	-0.49	-0.42	0.61	-0.07	-0.17	0.72	0.34	0.29	0.3	0.17	-0.41	0.07
Total Current Assets	0.79	0.68	-0.13	0.75	0.95	-0.1	0.98	0.51	0.68	0.66		0.11	-0.24	-0.16	-0.05	-0.25	0.19	0.03	-0.65	-0.69	0.64	0.83	0.42	-0.35	-0.3	0.18	-0.04
Short Term Debt	-0.34	0.33	-0.77	0.4	-0.09	-0.8	0.22	-0.49	0.04	-0.44	0.11		-0.28	-0.46	-0.78	0.56	0.72	-0.79	-0.5	-0.47	-0.26	0.21	-0.16	-0.68	-0.6	0.7	-0.43
Intangible Assets	0.02	-0.35	0.36	-0.65	-0.13	0.35	-0.19	0.16	-0.59	0.07	-0.24	-0.28		0.88	0.49	-0.12	-0.53	0.49	0.7	0.66	-0.03	-0.59	-0.28	0.65	0.49	-0.28	0.35
Common Stock	0.14	-0.37	0.6	-0.66	-0.02	0.61	-0.17	0.22	-0.43	0.19	-0.16	-0.46	0.88		0.69	-0.42	-0.67	0.72	0.76	0.75	0.2	-0.53	-0.09	0.83	0.74	-0.32	0.65
Property Plant Equipment	0.42	-0.47	0.96	-0.56	0.19	0.95	-0.08	0.59	-0.15	0.55	-0.05	-0.78	0.49	0.69		-0.62	-0.97	0.96	0.62	0.65	0.3	-0.34	-0.19	0.84	0.58	-0.49	0.69
Current Deferred Revenue	-0.51	-0.05	-0.58	0.11	-0.34	-0.56	-0.17	-0.58	-0.23	-0.49	-0.25	0.56	-0.12	-0.42	-0.62		0.57	-0.58	-0.25	-0.25	-0.27	0.05	-0.16	-0.44	-0.36	0.31	-0.52
Net Tangible Assets	-0.28	0.54	-0.95	0.64	-0.05	-0.9	0.2	-0.51	0.29	-0.42	0.19	0.72	-0.53	-0.67	-0.97	0.57		-0.9	-0.65	-0.72	-0.14	0.45	0.34	-0.82	-0.51	0.47	-0.68
Long Term Debt Total	0.47	-0.46	0.96	-0.5	0.25	0.97	-0.03	0.57	-0.12	0.61	0.03	-0.79	0.49	0.72	0.96	-0.58	-0.9		0.58	0.58	0.51	-0.26	0.0	0.86	0.7	-0.49	0.68
Capital Surpluse	-0.23	-0.77	0.6	-0.94	-0.48	0.61	-0.65	0.0	-0.55	-0.07	-0.65	-0.5	0.7	0.76	0.62	-0.25	-0.65	0.58		0.95	-0.15	-0.9	-0.32	0.87	0.74	-0.43	0.41
Deferred Long Term Liab	-0.33	-0.75	0.64	-0.97	-0.53	0.62	-0.67	-0.09	-0.54	-0.17	-0.69	-0.47	0.66	0.75	0.65	-0.25	-0.72	0.58	0.95		-0.24	-0.87	-0.46	0.83	0.65	-0.38	0.55
Short Long Term Debt	0.69	0.07	0.36	0.29	0.68	0.44	0.54	0.44	0.39	0.72	0.64	-0.26	-0.03	0.2	0.3	-0.27	-0.14	0.51	-0.15	-0.24		0.46	0.56	0.23	0.37	-0.1	0.22
Long Term Investments	0.5	0.76	-0.35	0.92	0.72	-0.32	0.79	0.23	0.68	0.34	0.83	0.21	-0.59	-0.53	-0.34	0.05	0.45	-0.26	-0.9	-0.87	0.46		0.47	-0.65	-0.51	0.29	-0.2
Cash And Equivalents	0.41	0.43	-0.15	0.5	0.38	-0.03	0.24	0.23	0.27	0.29	0.42	-0.16	-0.28	-0.09	-0.19	-0.16	0.34	0.0	-0.32	-0.46	0.56	0.47		-0.08	0.33	-0.11	-0.14
Net Invested Capital	0.15	-0.7	0.85	-0.76	-0.13	0.86	-0.41	0.32	-0.44	0.3	-0.35	-0.68	0.65	0.83	0.84	-0.44	-0.82	0.86	0.87	0.83	0.23	-0.65	-0.08		0.85	-0.47	0.6
Net Working Capital	0.06	-0.5	0.62	-0.61	-0.16	0.7	-0.42	0.13	-0.33	0.17	-0.3	-0.6	0.49	0.74	0.58	-0.36	-0.51	0.7	0.74	0.65	0.37	-0.51	0.33	0.85		-0.46	0.49
Capital Stock	-0.21	0.43	-0.48	0.43	-0.04	-0.48	0.23	-0.33	0.16	-0.41	0.18	0.7	-0.28	-0.32	-0.49	0.31	0.47	-0.49	-0.43	-0.38	-0.1	0.29	-0.11	-0.47	-0.46		0.1
Accumulated Depreciation	0.08	-0.16	0.68	-0.39	0.01	0.67	-0.07	0.14	-0.07	0.07	-0.04	-0.43	0.35	0.65	0.69	-0.52	-0.68	0.68	0.41	0.55	0.22	-0.2	-0.14	0.6	0.49	0.1

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About KAR Auction Financial Statements

KAR Auction shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although KAR Auction investors may analyze each financial statement separately, they are all interrelated. The changes in KAR Auction's assets and liabilities, for example, are also reflected in the revenues and expenses on on KAR Auction's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	777.5 M	1.1 B
Gross Profit Margin	0.47	0.34

Pair Trading with KAR Auction

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KAR Auction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KAR Auction will appreciate offsetting losses from the drop in the long position's value.

Moving together with KAR Stock

0.86

Genpact Limited

Pair Corr

Moving against KAR Stock

0.45	FC	Franklin Covey	Pair Corr
0.42	MG	Mistras Group	Pair Corr
0.42	VLTO	Veralto	Pair Corr
0.37	FA	First Advantage Corp	Pair Corr

The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KAR Auction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KAR Auction Services to buy it.

The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for KAR Auction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for KAR Stock Analysis

When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.

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