KAR Auction Services, Inc.

NYSE KAR

KAR Auction Services, Inc. Market Capitalization on January 14, 2025: USD 2.16 B

KAR Auction Services, Inc. Market Capitalization is USD 2.16 B on January 14, 2025, a 44.06% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • KAR Auction Services, Inc. 52-week high Market Capitalization is USD 2.24 B on January 06, 2025, which is 3.97% above the current Market Capitalization.
  • KAR Auction Services, Inc. 52-week low Market Capitalization is USD 1.47 B on February 13, 2024, which is -31.97% below the current Market Capitalization.
  • KAR Auction Services, Inc. average Market Capitalization for the last 52 weeks is USD 1.83 B.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
Market news
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NYSE: KAR

KAR Auction Services, Inc.

CEO Mr. Peter J. Kelly
IPO Date Dec. 11, 2009
Location United States
Headquarters 11299 North Illinois Street
Employees 3,825
Sector Consumer Discretionary
Industries
Description

KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2021, this segment had a network of approximately 70 vehicle logistics center locations in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. The company provides wheel repair and hail catastrophe response services. It serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.

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StockViz Staff

January 15, 2025

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