OPENLANE vs Vestis
Vestis reported revenue of $2.7 billion in fiscal 2025, 1.4 times OPENLANE's $1.9 billion in fiscal 2025. OPENLANE's revenue grew 8.2% in its latest year, and Vestis' fell 2.5%. OPENLANE had an operating margin of 10.2%, against 2.4% at Vestis. Free cash flow was $336 million at OPENLANE and $6 million at Vestis. Their fiscal years end in different months (December 31 and October 3), so the periods don't line up exactly.
Side by side
| OPENLANE | Vestis | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Oct 3, 2025 |
| Revenue | $1.9B | $2.7B |
| Revenue growth | 8.2% | −2.5% |
| Revenue growth a year, last 5 years | 7.8% | — |
| Gross margin | — | — |
| Operating margin | 10.2% | 2.4% |
| Net margin | 9.2% | −1.5% |
| Free cash flow | $336M | $6M |
| Free cash flow margin | 17.4% | 0.2% |
| Return on capital | 11.8% | 2.3% |
| Net debt to EBITDA | 1.4x | 6.3x |
| Dividends and buybacks | $46M | $14M |
| Change in diluted share count | −2.1% | −0.0% |
| Last close | $34.35 | $14.20 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $500,073, sold $283.7 million | bought $9.2 million, sold $0 |
| Piotroski F-score | 7 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
OPENLANEVestis
Operating margin
Percent of revenue
OPENLANEVestis
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
OPENLANEVestis