KAR Auction Services
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
52.99
Price/Sales ratio
1.91
Earnings per Share (EPS)
$0.53

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
10.839.169.957.187.4031.034.81K28.8953.06-10.486.1231.03
Price/Sales ratio
0.770.740.700.750.641.031.090.850.990.980.970.64
Price/Book Value ratio
1.181.411.581.751.651.731.110.910.710.830.971.73
Price/Cash Flow ratio
4.254.136.134.413.235.296.254.64-3.676.86-3.245.29
Price/Free Cash Flow ratio
5.555.7710.765.954.407.538.506.30-3.208.81-2.867.53
Price/Earnings Growth ratio
0.070.341.690.11-0.89-0.43-39.17-0.10-4.950.01-0.11-0.89
Dividend Yield
7.62%7.72%7.09%6.71%7.75%5.72%2.03%N/A1.46%2.74%N/A5.72%
Profitability Indicator Ratios
Gross Profit Margin
44.22%43.26%41.98%42.53%43.15%41.87%41.27%42.26%45.09%47.26%45.09%43.15%
Operating Profit Margin
15.97%16.18%15.84%16.36%16.55%11.29%6.23%9.35%11.43%-0.31%9.20%11.29%
Pretax Profit Margin
11.20%12.89%11.27%11.50%11.55%4.67%0.24%4.50%2.54%-8.90%2.54%4.67%
Net Profit Margin
7.16%8.12%7.06%10.46%8.70%3.32%0.02%2.95%1.88%-9.36%15.87%8.70%
Effective Tax Rate
36.11%36.97%37.40%9.04%24.71%28.97%90.74%34.48%25.90%-5.66%25.90%24.71%
Return on Assets
3.16%3.70%3.39%5.18%4.55%1.40%0.00%0.89%0.55%-3.26%4.71%4.55%
Return On Equity
10.94%15.48%15.91%24.37%22.40%5.59%0.02%3.16%1.34%-7.94%15.56%15.56%
Return on Capital Employed
10.04%11.98%11.81%12.31%13.62%7.72%2.99%4.74%7.01%-0.23%5.64%7.72%
Liquidity Ratios
Current Ratio
1.301.091.211.311.261.281.41N/AN/AN/A1.141.28
Quick Ratio
1.291.091.201.301.251.261.381.111.131.141.091.26
Cash ratio
0.090.060.080.130.120.200.330.060.080.030.080.20
Days of Sales Outstanding
272.34296.45285.39277.08237.74335.58376.42468.05640.39571.05640.39237.74
Days of Inventory outstanding
4.703.943.573.564.7012.0317.107.246.78N/AN/A12.03
Operating Cycle
277.05300.40288.97280.64242.45347.61393.53475.29647.17571.05157.90347.61
Days of Payables Outstanding
130.55148.29129.52125.39117.76159.03195.71220.50241.14234.16241.14117.76
Cash Conversion Cycle
146.50152.11159.44155.25124.69188.57197.82254.79406.03336.88399.24124.69
Debt Ratios
Debt Ratio
0.320.320.370.380.370.280.270.250.090.070.700.37
Debt Equity Ratio
1.131.341.761.801.821.140.860.880.230.182.371.82
Long-term Debt to Capitalization
0.520.550.620.640.640.530.460.460.080.090.150.53
Total Debt to Capitalization
0.530.570.630.640.640.530.460.470.180.150.270.53
Interest Coverage Ratio
4.384.673.593.453.251.651.28N/AN/AN/A1.171.65
Cash Flow to Debt Ratio
0.240.250.140.210.280.280.200.22-0.830.65-0.790.28
Company Equity Multiplier
3.454.174.694.704.923.983.133.522.402.433.373.98
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.180.170.110.170.190.190.170.18-0.270.14-0.290.19
Free Cash Flow / Operating Cash Flow Ratio
0.760.710.570.740.730.700.730.731.140.771.130.73
Cash Flow Coverage Ratio
0.240.250.140.210.280.280.200.22-0.830.65-0.790.28
Short Term Coverage Ratio
24.363.083.4247.4857.2318.8115.8125.34-1.421.52-1.5718.81
Dividend Payout Ratio
82.63%70.78%70.63%48.28%57.40%177.81%9800%N/A77.62%-28.81%N/A177.81%