OPENLANE, Inc. (OPLN) vs Rush Enterprises, Inc. (RUSHB)

OPENLANE, Inc. and Rush Enterprises, Inc. are both Auto & Truck Dealerships companies. OPENLANE, Inc. and Rush Enterprises, Inc. are of similar size ($4.2B and $3.9B). OPENLANE, Inc. has negative trailing earnings, so its P/E is not meaningful; Rush Enterprises, Inc. trades at 24.4×. OPENLANE, Inc. grew revenue faster over the last twelve months: 11.8% against −5.86%. Rush Enterprises, Inc. has the higher net margin (3.67% vs −3.08%) and the higher return on invested capital (9.44% vs 7.90%). Across the 21 metrics below, Rush Enterprises, Inc. leads on 13 and OPENLANE, Inc. on 8.

Valuation

Metric OPLN RUSHB Auto & Truck Dealerships median
P/E n/m 24.36 16.07
P/S 1.92 0.89 0.43
P/B 2.54 2.74 2.36
Price to free cash flow 11.29 18.46 10.48
EV/EBITDA 9.68 10.42 8.50
EV/Sales 2.08 0.91 0.89
Earnings yield (2.38%) 4.11% 2.72%
Free cash flow yield 8.86% 5.42% 2.83%

Profitability

Metric OPLN RUSHB Auto & Truck Dealerships median
Gross margin 45.85% 19.74% 19.56%
Operating margin 16.61% 5.13% 3.73%
Net margin (3.08%) 3.67% 1.07%
Free cash flow margin 17.05% 4.83% 2.34%
Return on equity (4.29%) 11.71% 10.04%
Return on assets (1.33%) 5.66% 0.61%
Return on invested capital 7.90% 9.44% 6.85%

Growth

Metric OPLN RUSHB Auto & Truck Dealerships median
Revenue growth (TTM) 11.77% (5.86%) 1.46%
EPS growth (last fiscal year) (313.33%) (12.10%) —
Revenue growth, 5-year CAGR 7.83% 9.44% 10.46%
Net income growth, 5-year CAGR 0.00% 18.08% 0.00%

Health

Metric OPLN RUSHB Auto & Truck Dealerships median
Debt to equity 0.34 0.16 0.55
Current ratio 1.17 1.45 1.15
Net debt to EBITDA 0.86 0.23 1.34

Dividend

Metric OPLN RUSHB Auto & Truck Dealerships median
Dividend yield — 1.14% 1.37%
Payout ratio 0.00 0.13 0.00

Size

Metric OPLN RUSHB Auto & Truck Dealerships median
Market cap 4.24b 3.87b 2.10b

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