Openlane (NYSE:OPLN) and MillerKnoll (NASDAQ:MLKN) Critical Comparison

Openlane (NYSE:OPLN) and MillerKnoll (NASDAQ:MLKN) are both industrials companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, institutional ownership and earnings.

Earnings and Valuation

This table compares Openlane and MillerKnoll”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Openlane	$1.93 billion	2.21	$177.70 million	($0.85)	-40.97
MillerKnoll	$3.84 billion	0.40	$91.50 million	$1.41	15.76

Openlane has higher earnings, but lower revenue than MillerKnoll. Openlane is trading at a lower price-to-earnings ratio than MillerKnoll, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Openlane has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, MillerKnoll has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500.

Profitability

This table compares Openlane and MillerKnoll’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Openlane	9.67%	12.81%	3.62%
MillerKnoll	2.57%	10.10%	3.39%

Insider and Institutional Ownership

99.8% of Openlane shares are owned by institutional investors. Comparatively, 87.5% of MillerKnoll shares are owned by institutional investors. 2.2% of Openlane shares are owned by company insiders. Comparatively, 5.5% of MillerKnoll shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings for Openlane and MillerKnoll, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Openlane	0	3	4	0	2.57
MillerKnoll	0	2	1	1	2.75

Openlane presently has a consensus price target of $43.83, suggesting a potential upside of 25.87%. Given Openlane’s higher possible upside, research analysts clearly believe Openlane is more favorable than MillerKnoll.

Summary

Openlane beats MillerKnoll on 8 of the 15 factors compared between the two stocks.

About Openlane

OPENLANE Inc. provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company’s end-to-end platform supports whole car, financing, logistics and other ancillary and related services. OPENLANE Inc., formerly known as KAR Auction Services Inc., is based in CARMEL, Ind.

About MillerKnoll

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.