NASDAQ : LKQ
LKQ Corporation — Financial statements
Consumer Discretionary · Auto Parts · United States
Last price 18.1 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.58B
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Financial statements
LKQ Corporation (LKQ) reported revenue of 13.51B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.51B | 13.65B | 13.82B | 13.27B | 12.79B | 13.09B |
| Cost of Revenue | 8.37B | 8.39B | 8.42B | 7.91B | 7.57B | 7.77B |
| Gross Profit | 5.14B | 5.26B | 5.40B | 5.36B | 5.22B | 5.32B |
| Selling, General & Admin | 3.89B | 3.81B | 3.79B | 3.70B | 3.54B | 3.57B |
| Operating Expenses | 4.25B | 4.18B | 4.14B | 3.96B | 3.78B | 3.83B |
| Operating Income | 890.00M | 1.09B | 1.26B | 1.39B | 1.44B | 1.49B |
| Interest Expense | -218.00M | -224.00M | -238.00M | -191.00M | -78.00M | -72.00M |
| Interest & Investment Income | 28.00M | 32.00M | 21.00M | 42.00M | 15.00M | 22.00M |
| Earnings From Equity Investments | -41.00M | 1.00M | 8.00M | 15.00M | 11.00M | 23.00M |
| EBT Excluding Unusual Items | 659.00M | 895.00M | 1.05B | 1.26B | 1.39B | 1.47B |
| Merger & Restructuring Charges | -80.00M | -42.00M | -150.00M | -20.00M | -20.00M | -20.00M |
| Impairment of Goodwill | -140.00M | -52.00M | ||||
| Gain (Loss) on Sale of Assets | 159.00M | |||||
| Legal Settlements | 35.00M | |||||
| Other Unusual Items | -24.00M | |||||
| Pretax Income | 416.00M | 801.00M | 934.00M | 1.24B | 1.53B | 1.42B |
| Income Tax Expense | 155.00M | 204.00M | 265.00M | 304.00M | 385.00M | 331.00M |
| Earnings From Continuing Operations | 261.00M | 597.00M | 669.00M | 934.00M | 1.14B | 1.09B |
| Earnings From Discontinued Operations | -7.00M | 11.00M | 24.00M | 4.00M | 6.00M | 1.00M |
| Net Income to Company | 254.00M | 608.00M | 693.00M | 938.00M | 1.15B | 1.09B |
| Minority Interest in Earnings | 1.00M | -1.00M | -3.00M | -2.00M | -1.00M | -1.00M |
| Net Income | 255.00M | 607.00M | 690.00M | 936.00M | 1.15B | 1.09B |
| Net Income to Common | 255.00M | 607.00M | 690.00M | 936.00M | 1.15B | 1.09B |
| Shares Outstanding (Basic) | 254.65M | 257.50M | 263.60M | 267.60M | 277.10M | 296.80M |
| Shares Outstanding (Diluted) | 254.95M | 257.80M | 263.90M | 268.30M | 278.00M | 297.70M |
| EPS (Basic) | 1.00 | 2.36 | 2.62 | 3.50 | 4.15 | 3.68 |
| EPS (Diluted) | 0.99 | 2.35 | 2.62 | 3.49 | 4.13 | 3.66 |
| Free Cash Flow | 610.00M | 847.00M | 810.00M | 998.00M | 1.03B | 1.07B |
| Free Cash Flow Per Share | 2.39 | 3.29 | 3.07 | 3.72 | 3.70 | 3.61 |
| Dividend Per Share | 1.20 | 1.20 | 1.20 | 1.12 | 1.02 | 0.25 |
| Gross Margin | 38.07% | 38.57% | 39.06% | 40.37% | 40.82% | 40.66% |
| Operating Margin | 6.59% | 7.95% | 9.10% | 10.49% | 11.27% | 11.41% |
| Profit Margin | 1.89% | 4.45% | 4.99% | 7.05% | 8.98% | 8.33% |
| Free Cash Flow Margin | 4.52% | 6.21% | 5.86% | 7.52% | 8.04% | 8.21% |
| EBITDA | 1.30B | 1.50B | 1.65B | 1.70B | 1.71B | 1.78B |
| EBITDA Margin | 9.63% | 10.95% | 11.93% | 12.77% | 13.33% | 13.58% |
| D&A For EBITDA | 411.00M | 409.00M | 391.00M | 303.00M | 264.00M | 284.00M |
| EBIT | 890.00M | 1.09B | 1.26B | 1.39B | 1.44B | 1.49B |
| EBIT Margin | 6.59% | 7.95% | 9.10% | 10.49% | 11.27% | 11.41% |
| Effective Tax Rate | 37.26% | 25.47% | 28.37% | 24.56% | 25.18% | 23.28% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 319.00M | 319.00M | 234.00M | 299.00M | 278.00M | 274.00M |
| Cash & Short-Term Investments | 319.00M | 319.00M | 234.00M | 299.00M | 278.00M | 274.00M |
| Receivables | 1.35B | 1.20B | 1.11B | 1.17B | 998.00M | 1.07B |
| Inventory | 3.26B | 3.43B | 3.18B | 3.12B | 2.75B | 2.61B |
| Prepaid Expenses | 284.00M | 233.00M | 262.00M | 215.00M | 172.00M | 238.00M |
| Other Current Assets | 65.00M | 66.00M | 114.00M | 68.00M | 58.00M | 58.00M |
| Total Current Assets | 5.28B | 5.25B | 4.91B | 4.87B | 4.26B | 4.25B |
| Property, Plant & Equipment | 2.68B | 2.78B | 2.67B | 2.85B | 2.46B | 2.66B |
| Long-Term Investments | 220.00M | 259.00M | 236.00M | 159.00M | 141.00M | 181.00M |
| Goodwill | 5.27B | 5.41B | 5.17B | 5.60B | 4.32B | 4.54B |
| Other Intangible Assets | 1.01B | 1.07B | 1.15B | 1.31B | 653.00M | 746.00M |
| Long-Term Deferred Tax Assets | 16.00M | 17.00M | 23.00M | 25.00M | 32.00M | |
| Other Long-Term Assets | 318.00M | 344.00M | 807.00M | 264.00M | 179.00M | 193.00M |
| Total Assets | 14.78B | 15.14B | 14.96B | 15.08B | 12.04B | 12.61B |
| Accounts Payable | 1.92B | 2.11B | 1.80B | 1.65B | 1.34B | 1.18B |
| Accrued Expenses | 610.00M | 534.00M | 553.00M | 569.00M | 512.00M | 532.00M |
| Current Portion of Long-Term Debt | 39.00M | 1.00M | 10.00M | 570.00M | 17.00M | 20.00M |
| Current Portion of Leases | 256.00M | 284.00M | 250.00M | 250.00M | 205.00M | 218.00M |
| Other Current Liabilities | 198.00M | 210.00M | 252.00M | 281.00M | 198.00M | 219.00M |
| Total Current Liabilities | 3.02B | 3.14B | 2.86B | 3.32B | 2.27B | 2.17B |
| Long-Term Debt | 3.55B | 3.56B | 4.06B | 3.60B | 2.59B | 2.74B |
| Long-Term Leases | 1.24B | 1.22B | 1.16B | 1.22B | 1.12B | 1.25B |
| Long-Term Deferred Tax Liabilities | 322.00M | 331.00M | 386.00M | 448.00M | 280.00M | 279.00M |
| Other Long-Term Liabilities | 337.00M | 332.00M | 457.00M | 312.00M | 283.00M | 365.00M |
| Total Liabilities | 8.46B | 8.58B | 8.92B | 8.90B | 6.55B | 6.79B |
| Common Stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Additional Paid-In Capital | 1.60B | 1.58B | 1.56B | 1.54B | 1.51B | 1.47B |
| Retained Earnings | 7.92B | 7.96B | 7.66B | 7.29B | 6.66B | 5.79B |
| Treasury Stock | -3.03B | -2.95B | -2.79B | -2.42B | -2.39B | -1.35B |
| Comprehensive Income & Other | -194.00M | -57.00M | -417.00M | -240.00M | -323.00M | -153.00M |
| Total Common Equity | 6.29B | 6.54B | 6.02B | 6.17B | 5.45B | 5.77B |
| Minority Interest | 23.00M | 24.00M | 15.00M | 14.00M | 38.00M | 39.00M |
| Shareholders' Equity | 6.32B | 6.56B | 6.03B | 6.18B | 5.49B | 5.81B |
| Total Liabilities & Equity | 14.78B | 15.14B | 14.96B | 15.08B | 12.04B | 12.61B |
| Total Debt | 5.08B | 5.06B | 5.48B | 5.64B | 3.94B | 4.22B |
| Net Cash (Debt) | -4.76B | -4.74B | -5.24B | -5.34B | -3.66B | -3.95B |
| Net Cash Per Share | -18.67 | -18.39 | -19.87 | -19.91 | -13.15 | -13.27 |
| Filing Date Shares Outstanding | 252.40M | 255.13M | 259.15M | 266.61M | 267.07M | 285.01M |
| Total Common Shares Outstanding | 252.40M | 255.00M | 259.10M | 267.20M | 267.30M | 287.01M |
| Working Capital | 2.26B | 2.11B | 2.04B | 1.55B | 1.99B | 2.09B |
| Book Value Per Share | 24.94 | 25.64 | 23.22 | 23.08 | 20.40 | 20.11 |
| Tangible Book Value | 14.00M | 51.00M | -307.00M | -746.00M | 481.00M | 486.00M |
| Tangible Book Value Per Share | 0.06 | 0.20 | -1.18 | -2.79 | 1.80 | 1.69 |
| Land | 234.00M | 222.00M | 260.00M | 217.00M | 204.00M | |
| Buildings | 520.00M | 483.00M | 473.00M | 409.00M | 415.00M | |
| Machinery | 1.33B | 1.19B | 1.23B | 1.10B | 1.06B | |
| Construction In Progress | 39.00M | 60.00M | 132.00M | 52.00M | 159.00M | |
| Leasehold Improvements | 486.00M | 427.00M | 457.00M | 398.00M | 350.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 255.00M | 607.00M | 690.00M | 936.00M | 1.15B | 1.09B |
| Depreciation & Amortization | 411.00M | 409.00M | 391.00M | 303.00M | 264.00M | 284.00M |
| Loss (Gain) From Sale of Assets | 23.00M | -159.00M | ||||
| Asset Writedown & Restructuring Costs | 140.00M | 52.00M | ||||
| Loss (Gain) From Sale of Investments | 44.00M | |||||
| Stock-Based Compensation | 34.00M | 34.00M | 30.00M | 40.00M | 38.00M | 34.00M |
| Other Operating Activities | 4.00M | -42.00M | 52.00M | -16.00M | -7.00M | -39.00M |
| Change in Accounts Receivable | -42.00M | -16.00M | -2.00M | 5.00M | -16.00M | -16.00M |
| Change in Inventory | -4.00M | -49.00M | -253.00M | 71.00M | -342.00M | -235.00M |
| Change in Accounts Payable | 57.00M | 156.00M | 251.00M | -5.00M | 269.00M | 283.00M |
| Change in Income Taxes | -116.00M | -8.00M | -15.00M | -12.00M | 33.00M | -65.00M |
| Change in Other Net Operating Assets | -10.00M | -89.00M | -38.00M | 18.00M | 21.00M | 30.00M |
| Operating Cash Flow | 796.00M | 1.06B | 1.12B | 1.36B | 1.25B | 1.37B |
| Capital Expenditures | -186.00M | -216.00M | -311.00M | -358.00M | -222.00M | -293.00M |
| Sale of Property, Plant & Equipment | 20.00M | |||||
| Cash Acquisitions | -38.00M | 1.00M | -49.00M | -2.23B | -4.00M | -124.00M |
| Divestitures | 397.00M | 397.00M | -11.00M | 110.00M | 399.00M | 7.00M |
| Other Investing Activities | -12.00M | 3.00M | -35.00M | 31.00M | -1.00M | -29.00M |
| Investing Cash Flow | 161.00M | 185.00M | -406.00M | -2.44B | 172.00M | -419.00M |
| Long-Term Debt Issued | 1.65B | 2.13B | 4.61B | 1.64B | 5.04B | |
| Long-Term Debt Repaid | -2.36B | -2.15B | -3.11B | -1.69B | -4.95B | |
| Net Debt Issued (Repaid) | -453.00M | -708.00M | -17.00M | 1.50B | -48.00M | 85.00M |
| Repurchase of Common Stock | -123.00M | -159.00M | -360.00M | -38.00M | -1.04B | -877.00M |
| Common Dividends Paid | -306.00M | -310.00M | -318.00M | -302.00M | -284.00M | -73.00M |
| Other Financing Activities | -31.00M | -14.00M | -51.00M | -63.00M | -22.00M | -120.00M |
| Financing Cash Flow | -913.00M | -1.19B | -746.00M | 1.10B | -1.39B | -985.00M |
| Foreign Exchange Rate Adjustments | -11.00M | 36.00M | -29.00M | 5.00M | -24.00M | -1.00M |
| Net Cash Flow | 33.00M | 93.00M | -60.00M | 21.00M | 4.00M | -38.00M |
| Free Cash Flow | 610.00M | 847.00M | 810.00M | 998.00M | 1.03B | 1.07B |
| Free Cash Flow Margin | 4.52% | 6.21% | 5.86% | 7.52% | 8.04% | 8.21% |
| Free Cash Flow Per Share | 2.39 | 3.29 | 3.07 | 3.72 | 3.70 | 3.61 |
| Levered Free Cash Flow | 1.06B | 758.75M | 748.50M | 595.62M | 1.05B | 931.05M |
| Unlevered Free Cash Flow | 1.20B | 898.75M | 897.25M | 715.00M | 1.10B | 976.05M |
| Cash Interest Paid | 204.00M | 230.00M | 230.00M | 197.00M | 71.00M | 76.00M |
| Cash Income Tax Paid | 312.00M | 300.00M | 322.00M | 305.00M | 346.00M | 423.00M |
| Change in Working Capital | -115.00M | -6.00M | -57.00M | 77.00M | -35.00M | -3.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.98B | 7.73B | 9.55B | 12.79B | 14.27B | 17.50B |
| Enterprise Value | 9.74B | 12.97B | 14.99B | 18.12B | 17.73B | 20.91B |
| Last Close Price | 18.56 | 29.22 | 34.37 | 43.46 | 47.53 | 52.36 |
| PE Ratio | 19.92 | 12.73 | 13.85 | 13.66 | 12.42 | 16.04 |
| Forward PE | 9.08 | 9.41 | 10.36 | 11.97 | 13.39 | 15.37 |
| PS Ratio | 0.37 | 0.57 | 0.69 | 0.96 | 1.11 | 1.34 |
| PB Ratio | 0.74 | 1.18 | 1.58 | 2.07 | 2.60 | 3.01 |
| P/TBV Ratio | 355.43 | 151.57 | 29.67 | 36.01 | ||
| P/FCF Ratio | 8.16 | 9.13 | 11.79 | 12.81 | 13.88 | 16.29 |
| P/OCF Ratio | 6.25 | 7.27 | 8.52 | 9.43 | 11.42 | 12.80 |
| PEG Ratio | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | |
| EV/Sales Ratio | 0.72 | 0.95 | 1.08 | 1.36 | 1.39 | 1.60 |
| EV/EBITDA Ratio | 7.48 | 8.68 | 9.09 | 10.69 | 10.39 | 11.77 |
| EV/EBIT Ratio | 10.94 | 11.94 | 11.92 | 13.02 | 12.29 | 14.01 |
| EV/FCF Ratio | 15.96 | 15.31 | 18.51 | 18.15 | 17.24 | 19.47 |
| Debt / Equity Ratio | 0.80 | 0.77 | 0.91 | 0.91 | 0.72 | 0.73 |
| Debt / EBITDA Ratio | 2.81 | 2.55 | 2.59 | 2.68 | 1.88 | 1.93 |
| Debt / FCF Ratio | 8.32 | 5.97 | 6.76 | 5.65 | 3.83 | 3.93 |
| Net Debt / Equity Ratio | 0.75 | 0.72 | 0.87 | 0.86 | 0.67 | 0.68 |
| Net Debt / EBITDA Ratio | 3.66 | 3.17 | 3.18 | 3.15 | 2.14 | 2.22 |
| Net Debt / FCF Ratio | 7.80 | 5.60 | 6.47 | 5.35 | 3.56 | 3.68 |
| Asset Turnover | 0.89 | 0.91 | 0.92 | 0.98 | 1.04 | 1.05 |
| Inventory Turnover | 2.54 | 2.54 | 2.67 | 2.69 | 2.82 | 3.09 |
| Quick Ratio | 0.55 | 0.48 | 0.47 | 0.44 | 0.56 | 0.62 |
| Current Ratio | 1.75 | 1.67 | 1.71 | 1.47 | 1.88 | 1.97 |
| Return on Equity (ROE) | 4.05% | 9.48% | 10.96% | 16.00% | 20.24% | 18.96% |
| Return on Assets (ROA) | 3.66% | 4.51% | 5.24% | 6.42% | 7.31% | 7.47% |
| Return on Invested Capital (ROIC) | 4.95% | 7.17% | 7.90% | 10.16% | 11.41% | 11.75% |
| Return on Capital Employed (ROCE) | 7.60% | 9.10% | 10.40% | 11.80% | 14.80% | 14.30% |
| Earnings Yield | 5.02% | 7.85% | 7.22% | 7.32% | 8.05% | 6.24% |
| FCF Yield | 12.26% | 10.96% | 8.48% | 7.80% | 7.20% | 6.14% |
| Dividend Yield | 6.08% | 3.96% | 3.26% | 2.35% | 1.92% | 0.41% |
| Payout Ratio | 121.21% | 51.07% | 46.09% | 32.27% | 24.72% | 6.69% |
| Buyback Yield / Dilution | 1.46% | 2.31% | 1.64% | 3.49% | 6.62% | 2.39% |
| Total Shareholder Return | 7.56% | 6.27% | 4.90% | 5.84% | 8.54% | 2.80% |