KAR Auction Services
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. KAR Auction Services's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $1,645,100,000. Profit margin reached -9%. Total operating expenses were $782,700,000.
Profit Margin
| 2014 | 2.36B | 169.3M | 7.16% |
|---|---|---|---|
| 2015 | 2.63B | 214.6M | 8.13% |
| 2016 | 3.15B | 222.4M | 7.06% |
| 2017 | 3.45B | 362M | 10.47% |
| 2018 | 3.76B | 328M | 8.7% |
| 2019 | 2.78B | 92.4M | 3.32% |
| 2020 | 2.18B | 500K | 0.02% |
| 2021 | 2.25B | 66.5M | 2.95% |
| 2022 | 1.51B | 28.6M | 1.88% |
| 2023 | 1.64B | -154.1M | -9.37% |
KAR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.64B | 1.51B | 2.25B | 2.18B | 2.78B | 3.76B | 3.45B | 3.15B | 2.63B | 2.36B |
Cost of revenue | 867.6M | 834.3M | 1.29B | 1.28B | 1.61B | 2.14B | 1.98B | 1.82B | 1.49B | 1.31B |
Gross profit | 777.5M | 685.1M | 951.7M | 902.9M | 1.16B | 1.62B | 1.47B | 1.32B | 1.14B | 1.04B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 782.7M | 545.3M | 741.1M | 736.7M | 850.7M | 1.00B | 904.8M | 823.7M | 714.8M | 668M |
Operating income | -5.2M | 173.7M | 210.6M | 136.4M | 314.1M | 624.2M | 566M | 499M | 427.3M | 377.7M |
Other income (expenses), net | -141.3M | -135.1M | -109.1M | -63.8M | -184M | 3.5M | -168M | -4.9M | -86.8M | -112.7M |
Income before tax | -146.5M | 38.6M | 101.5M | 5.4M | 130.1M | 435.7M | 398M | 355.3M | 340.5M | 265M |
Income tax expense | 8.3M | 10M | 35M | 4.9M | 37.7M | 107.7M | 36M | 132.9M | 125.9M | 95.7M |
Net income | -154.1M | 28.6M | 66.5M | 500K | 92.4M | 328M | 362M | 222.4M | 214.6M | 169.3M |
Earnings per share | ||||||||||
Basic EPS | -1.82 | 0.25 | 0.28 | -0.16 | 0.7 | 2.44 | 2.66 | 1.62 | 1.53 | 1.21 |
Diluted EPS | -1.82 | 0.25 | 0.28 | -0.16 | 0.7 | 2.42 | 2.62 | 1.6 | 1.51 | 1.19 |
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