Open Lending Corporation ROIC

ROIC of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.


Highlights and Quick Summary

  • Annual ROIC for 2020 was 47.06% (a Infinity% increase from previous year)
  • Annual ROIC for 2019 was 0.0% (a NaN% decrease from previous year)
  • Annual ROIC for 2019 was 0.0% (a NaN% decrease from previous year)
  • Twelve month ROIC ending March 30, 2021 was 54.3% (a 31.32% increase compared to previous quarter)
  • Twelve month trailing ROIC increased by Infinity% year-over-year
Trailing ROIC for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
54.3% 41.35% 48.61% 0.0%
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Historical ROIC of Open Lending Corporation

Most recent ROICof LPRO including historical data for past 10 years.

Interactive Chart of ROIC of Open Lending Corporation

Open Lending Corporation ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 47.06%
2019 0.0%
2018 466.32%
2017 0.0%

Business Profile of Open Lending Corporation

Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.