KAR Auction Services

KAR Auction Services (NYSE: KAR), a FORTUNE 1000 company, operates used vehicle auction services for North American sellers and buyers worldwide. Based in Carmel, Ind., the KAR group of companies is comprised of ADESA (ADESA), Insurance Auto Auctions (IAA), Automotive Finance Corporation, Inc. (AFC), and additional business units, with nearly 12,000 employees across the globe. ADESA operates 65 wholesale used vehicle auctions and IAA has 165 salvage vehicle auctions. Both companies offer leading online auction platforms to provide greater access for customers. AFC provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry.
Type
Public
HQ
Carmel, US
Size (employees)
17,400 (est)+21%
KAR Auction Services is headquartered in Carmel, US

KAR Auction Services Office Locations

KAR Auction Services has office in Carmel
Carmel, US

KAR Auction Services Metrics

KAR Auction Services Summary

Market capitalization

$6.1 b

Closing share price

$44.7
KAR Auction Services's current market capitalization is $6.1 b.

KAR Auction Services Financials

KAR Auction Services's revenue is $2.2 b in FY, 2013 which is a 8.1% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$2.2 b$2.4 b$2.6 b$3.2 b

Revenue growth, %

8.8%11.6%19.3%

EBIT

$256.7 m$377.7 m$427.3 m

Net Income

$67.7 m$169.3 m$214.6 m$222.4 m

Operating cash flow

$82.9 m($38.7 m)$2.1 m

KAR Auction Services Market Value History

KAR Auction Services Company Life

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