KAR Auction Services Inc
NYSE:KAR
Income Statement
Earnings Waterfall
KAR Auction Services Inc
Revenue
|
1.6B
USD
|
Cost of Revenue
|
-857.3m
USD
|
Gross Profit
|
783.5m
USD
|
Operating Expenses
|
-766.4m
USD
|
Operating Income
|
17.1m
USD
|
Other Expenses
|
-212m
USD
|
Net Income
|
-194.9m
USD
|
Income Statement
KAR Auction Services Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 200
N/A
|
2 244
+2%
|
2 299
+2%
|
2 417
+5%
|
2 466
+2%
|
2 538
+3%
|
2 616
+3%
|
2 691
+3%
|
2 817
+5%
|
2 930
+4%
|
3 053
+4%
|
3 150
+3%
|
3 288
+4%
|
3 374
+3%
|
3 427
+2%
|
2 239
-35%
|
2 323
+4%
|
1 751
-25%
|
1 520
-13%
|
2 443
+61%
|
2 182
-11%
|
2 615
+20%
|
2 704
+3%
|
2 782
+3%
|
2 738
-2%
|
2 438
-11%
|
2 329
-4%
|
2 188
-6%
|
2 124
-3%
|
2 081
-2%
|
1 834
-12%
|
1 451
-21%
|
1 450
0%
|
1 458
+1%
|
1 504
+3%
|
1 519
+1%
|
1 571
+3%
|
1 603
+2%
|
1 627
+1%
|
1 645
+1%
|
1 641
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 225)
|
(1 249)
|
(1 280)
|
(1 371)
|
(1 399)
|
(1 443)
|
(1 493)
|
(1 549)
|
(1 628)
|
(1 693)
|
(1 774)
|
(1 827)
|
(1 926)
|
(1 977)
|
(1 996)
|
(1 209)
|
(1 243)
|
(885)
|
(736)
|
(1 322)
|
(1 180)
|
(1 474)
|
(1 555)
|
(1 617)
|
(1 618)
|
(1 436)
|
(1 354)
|
(1 285)
|
(1 221)
|
(1 194)
|
(1 050)
|
(793)
|
(800)
|
(803)
|
(827)
|
(834)
|
(848)
|
(858)
|
(865)
|
(868)
|
(857)
|
|
Gross Profit |
974
N/A
|
995
+2%
|
1 019
+2%
|
1 046
+3%
|
1 067
+2%
|
1 095
+3%
|
1 123
+3%
|
1 142
+2%
|
1 188
+4%
|
1 237
+4%
|
1 279
+3%
|
1 323
+3%
|
1 362
+3%
|
1 397
+3%
|
1 431
+2%
|
1 030
-28%
|
1 080
+5%
|
866
-20%
|
784
-9%
|
1 121
+43%
|
1 002
-11%
|
1 141
+14%
|
1 150
+1%
|
1 165
+1%
|
1 120
-4%
|
1 002
-11%
|
975
-3%
|
903
-7%
|
903
+0%
|
887
-2%
|
784
-12%
|
658
-16%
|
651
-1%
|
656
+1%
|
678
+3%
|
685
+1%
|
723
+6%
|
745
+3%
|
762
+2%
|
778
+2%
|
784
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(711)
|
(713)
|
(708)
|
(668)
|
(666)
|
(678)
|
(695)
|
(715)
|
(740)
|
(771)
|
(795)
|
(824)
|
(848)
|
(861)
|
(876)
|
(703)
|
(767)
|
(656)
|
(630)
|
(781)
|
(743)
|
(818)
|
(827)
|
(851)
|
(844)
|
(821)
|
(791)
|
(737)
|
(752)
|
(698)
|
(652)
|
(531)
|
(541)
|
(558)
|
(559)
|
(545)
|
(531)
|
(519)
|
(520)
|
(532)
|
(766)
|
|
Selling, General & Administrative |
(516)
|
(518)
|
(514)
|
(471)
|
(466)
|
(475)
|
(487)
|
(502)
|
(522)
|
(545)
|
(563)
|
(583)
|
(599)
|
(607)
|
(617)
|
(532)
|
(562)
|
(525)
|
(524)
|
(609)
|
(597)
|
(642)
|
(646)
|
(662)
|
(649)
|
(598)
|
(570)
|
(545)
|
(532)
|
(526)
|
(500)
|
(421)
|
(432)
|
(450)
|
(454)
|
(445)
|
(434)
|
(421)
|
(420)
|
(430)
|
(431)
|
|
Depreciation & Amortization |
(195)
|
(195)
|
(194)
|
(197)
|
(199)
|
(203)
|
(208)
|
(213)
|
(218)
|
(226)
|
(232)
|
(241)
|
(249)
|
(254)
|
(260)
|
(172)
|
(177)
|
(131)
|
(106)
|
(172)
|
(146)
|
(176)
|
(181)
|
(189)
|
(192)
|
(191)
|
(191)
|
(191)
|
(191)
|
(172)
|
(152)
|
(110)
|
(109)
|
(108)
|
(104)
|
(100)
|
(97)
|
(98)
|
(100)
|
(102)
|
(103)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(32)
|
(30)
|
0
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(233)
|
|
Operating Income |
263
N/A
|
283
+7%
|
311
+10%
|
378
+22%
|
401
+6%
|
417
+4%
|
427
+2%
|
427
+0%
|
448
+5%
|
467
+4%
|
484
+4%
|
499
+3%
|
514
+3%
|
536
+4%
|
555
+3%
|
327
-41%
|
313
-4%
|
210
-33%
|
154
-27%
|
340
+121%
|
259
-24%
|
323
+25%
|
323
+0%
|
314
-3%
|
277
-12%
|
181
-34%
|
184
+2%
|
166
-10%
|
151
-9%
|
189
+25%
|
132
-30%
|
128
-3%
|
109
-14%
|
98
-10%
|
119
+21%
|
140
+17%
|
192
+37%
|
226
+18%
|
242
+7%
|
246
+1%
|
17
-93%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(100)
|
(96)
|
(91)
|
(86)
|
(83)
|
(84)
|
(88)
|
(91)
|
(99)
|
(113)
|
(125)
|
(139)
|
(150)
|
(155)
|
(160)
|
(142)
|
(141)
|
(151)
|
(158)
|
(191)
|
(208)
|
(214)
|
(203)
|
(190)
|
(171)
|
(146)
|
(138)
|
(129)
|
(64)
|
(76)
|
(89)
|
(155)
|
(213)
|
(202)
|
(196)
|
(110)
|
(118)
|
(125)
|
(127)
|
(153)
|
(157)
|
|
Non-Reccuring Items |
(32)
|
(30)
|
(30)
|
(30)
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(5)
|
(1)
|
(29)
|
(29)
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
(30)
|
(11)
|
(16)
|
(20)
|
24
|
36
|
32
|
27
|
17
|
6
|
(220)
|
(211)
|
(244)
|
0
|
|
Total Other Income |
3
|
2
|
2
|
4
|
6
|
4
|
4
|
5
|
4
|
4
|
3
|
1
|
(1)
|
1
|
1
|
1
|
(1)
|
0
|
3
|
3
|
7
|
5
|
4
|
8
|
8
|
5
|
4
|
(2)
|
(1)
|
2
|
2
|
18
|
18
|
19
|
21
|
(8)
|
(7)
|
(7)
|
(13)
|
5
|
2
|
|
Pre-Tax Income |
134
N/A
|
158
+18%
|
192
+21%
|
265
+38%
|
324
+22%
|
337
+4%
|
343
+2%
|
341
-1%
|
349
+2%
|
354
+1%
|
358
+1%
|
355
-1%
|
361
+2%
|
353
-2%
|
367
+4%
|
158
-57%
|
172
+8%
|
59
-65%
|
(2)
N/A
|
152
N/A
|
57
-62%
|
114
+100%
|
122
+7%
|
130
+6%
|
113
-13%
|
40
-65%
|
51
+26%
|
5
-89%
|
75
+1 291%
|
99
+32%
|
25
-75%
|
14
-42%
|
(50)
N/A
|
(52)
-5%
|
(28)
+46%
|
39
N/A
|
72
+86%
|
(126)
N/A
|
(108)
+14%
|
(147)
-36%
|
(137)
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(74)
|
(82)
|
(90)
|
(96)
|
(121)
|
(125)
|
(126)
|
(126)
|
(128)
|
(131)
|
(133)
|
(133)
|
(130)
|
(127)
|
(132)
|
16
|
23
|
60
|
89
|
(34)
|
(14)
|
(26)
|
(30)
|
(38)
|
(33)
|
(20)
|
(18)
|
(5)
|
(27)
|
(34)
|
(33)
|
(15)
|
14
|
26
|
30
|
(10)
|
(22)
|
(13)
|
(19)
|
(8)
|
(12)
|
|
Income from Continuing Operations |
59
|
77
|
101
|
169
|
203
|
212
|
217
|
215
|
221
|
223
|
225
|
222
|
231
|
226
|
235
|
174
|
195
|
119
|
87
|
118
|
43
|
89
|
92
|
92
|
80
|
20
|
33
|
1
|
49
|
66
|
(8)
|
(1)
|
(35)
|
(26)
|
2
|
29
|
50
|
(139)
|
(127)
|
(155)
|
(149)
|
|
Net Income (Common) |
59
N/A
|
77
+29%
|
101
+32%
|
169
+67%
|
203
+20%
|
212
+4%
|
217
+2%
|
215
-1%
|
221
+3%
|
223
+1%
|
225
+1%
|
222
-1%
|
231
+4%
|
226
-2%
|
235
+4%
|
362
+54%
|
383
+6%
|
419
+9%
|
434
+4%
|
328
-24%
|
316
-4%
|
278
-12%
|
236
-15%
|
189
-20%
|
114
-40%
|
31
-73%
|
26
-17%
|
(21)
N/A
|
9
N/A
|
42
+387%
|
1
-98%
|
34
+3 340%
|
(18)
N/A
|
179
N/A
|
173
-3%
|
201
+16%
|
206
+3%
|
(202)
N/A
|
(184)
+9%
|
(199)
-8%
|
(195)
+2%
|
|
EPS (Diluted) |
0.42
N/A
|
0.54
+29%
|
0.71
+31%
|
1.19
+68%
|
1.42
+19%
|
1.47
+4%
|
1.51
+3%
|
1.51
N/A
|
1.57
+4%
|
1.6
+2%
|
1.62
+1%
|
1.6
-1%
|
1.66
+4%
|
1.63
-2%
|
1.7
+4%
|
2.62
+54%
|
2.81
+7%
|
3.05
+9%
|
3.19
+5%
|
2.41
-24%
|
2.36
-2%
|
2.07
-12%
|
1.78
-14%
|
1.41
-21%
|
0.87
-38%
|
0.23
-74%
|
0.19
-17%
|
-0.16
N/A
|
0.06
N/A
|
0.34
+467%
|
0
N/A
|
0.27
N/A
|
-0.14
N/A
|
1.49
N/A
|
1.51
+1%
|
1.72
+14%
|
1.87
+9%
|
-1.83
N/A
|
-1.66
+9%
|
-1.83
-10%
|
-1.78
+3%
|