KAR Auction Services Inc
NYSE: KAR · CONSUMER CYCLICAL · AUTO & TRUCK DEALERSHIPS
Updated 2025-12-24
KAR Auction Services Inc (KAR) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $96.80M | $224.90M | $250.80M | $467.60M | $305.80M | $290.20M | $434.00M | $431.30M | $475.00M | $360.80M | $588.80M | $749.80M | $542.00M | $384.40M | $413.20M | $-412.50M | $235.40M | $291.40M | $391.90M |
| Capital expenditures | $62.80M | $129.60M | $65.60M | $78.90M | $85.80M | $102.00M | $96.60M | $101.00M | $134.70M | $155.10M | $152.20M | $198.00M | $161.60M | $101.40M | $108.50M | $60.90M | $52.00M | $53.00M | $55.40M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free cash flow | $34.00M | $95.30M | $185.20M | $388.70M | $220.00M | $188.20M | $337.40M | $330.30M | $340.30M | $205.70M | $436.60M | $551.80M | $380.40M | $283.00M | $304.70M | $-473.40M | $183.40M | $238.40M | $336.50M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | $0.00 | $26.00M | $78.60M | $139.90M | $151.90M | $157.10M | $174.80M | $188.30M | $164.30M | $49.00M | $4.80M | $22.20M | $44.40M | $44.40M | $38.60M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | $-21.70M | $11.30M | $82.90M | $-38.70M | $2.10M | $46.80M | $115.40M | $28.10M | $-1.19B | $251.40M | $-596.50M | $-1.55B | — | — | — |
Frequently asked questions
What is KAR Auction Services Inc's revenue?
KAR Auction Services Inc's trailing twelve-month revenue is $1.90B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is KAR?
In its most recent fiscal year, KAR ran a gross margin of 46.15%, an operating margin of 10.16%, and a net margin of 9.19%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does KAR generate?
KAR produced $336.50M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.