LKQ CORP LKQ
LKQ Corporation ("LKQ," the "Company" or "we") is a global distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, and specialty aftermarket products and accessories to improve the performance, functionality and appearance of vehicles.
Buyers of vehicle replacement products have the option to purchase from primarily four sources: new products produced by original equipment manufacturers ("OEMs"); new products produced by companies other than the OEMs, which are referred to as aftermarket products; salvaged products taken from total loss vehicles; and reconditioned products that have been refurbished or remanufactured. Collectively, we refer to the three sources that are not new OEM products as alternative parts.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.65B | $13.82B | $13.27B | $12.79B | $13.09B | $11.63B | $12.51B | $11.88B | $9.74B | $8.58B |
| Cost of revenue | $8.39B | $8.44B | $7.92B | $7.57B | $7.77B | $7.04B | $7.65B | $7.30B | $5.94B | $5.23B |
| Gross profit | $5.26B | $5.38B | $5.35B | $5.22B | $5.32B | $4.59B | $4.85B | $4.57B | $3.80B | $3.35B |
| SG&A | $3.81B | $3.76B | $3.70B | $3.54B | $3.57B | $3.27B | $3.58B | $3.35B | $2.72B | $2.36B |
| Operating income | $993.0M | $1.15B | $1.32B | $1.58B | $1.47B | $986.0M | $896.6M | $882.2M | $845.0M | $763.4M |
| Interest expense | $224.0M | $238.0M | $191.0M | $78.0M | $72.0M | $104.0M | $138.5M | $146.4M | — | — |
| Pre-tax income | $800.0M | $926.0M | $1.22B | $1.52B | $1.40B | $885.0M | $791.0M | $743.4M | $766.6M | $677.3M |
| Income tax | $204.0M | $265.0M | $304.0M | $385.0M | $331.0M | $250.0M | $215.3M | $191.4M | $235.6M | $220.6M |
| Net income | $608.0M | $693.0M | $938.0M | $1.15B | $1.09B | $638.0M | $541.3M | $480.1M | $533.7M | $464.0M |
| EPS, basic | 2.36 | 2.62 | 3.50 | 4.15 | 3.68 | 2.10 | 1.75 | 1.53 | 1.73 | 1.51 |
| EPS, diluted | 2.35 | 2.62 | 3.49 | 4.13 | 3.66 | 2.09 | 1.74 | 1.52 | 1.72 | 1.50 |
| Shares, diluted (wtd. avg.) | $257.8M | $263.9M | $268.3M | $278.0M | $297.7M | $305.0M | $311.0M | $315.8M | $310.6M | $309.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $319.0M | $234.0M | $299.0M | $278.0M | $274.0M | $312.0M | $528.4M | $337.2M | $279.8M | $227.4M |
| Receivables | $1.20B | $1.11B | $1.17B | $998.0M | $1.07B | $1.07B | $1.13B | $1.15B | $1.03B | $860.5M |
| Inventory | $3.43B | $3.18B | $3.12B | $2.75B | $2.61B | $2.41B | $2.77B | $2.84B | $2.38B | $1.94B |
| Total current assets | $5.25B | $4.91B | $4.87B | $4.26B | $4.25B | $4.03B | $4.69B | $4.52B | $3.82B | $3.57B |
| Property, plant and equipment | $1.45B | $1.41B | $1.52B | $1.24B | $1.30B | $1.25B | $1.23B | $1.22B | $913.1M | $811.6M |
| Goodwill | $5.41B | $5.17B | $5.33B | $4.32B | $4.54B | $4.59B | $4.41B | $4.38B | $3.54B | $3.05B |
| Other intangibles | $1.07B | $1.15B | $1.31B | $653.0M | $746.0M | $814.2M | $850.3M | $928.8M | $743.8M | $584.2M |
| Total assets | $15.14B | $14.96B | $15.08B | $12.04B | $12.61B | $12.36B | $12.78B | $11.39B | $9.37B | $8.30B |
| Accounts payable | $2.11B | $1.80B | $1.65B | $1.34B | $1.18B | $932.4M | $942.8M | $942.4M | $788.6M | $633.8M |
| Total current liabilities | $3.14B | $2.86B | $3.32B | $2.27B | $2.17B | $1.99B | $2.18B | $1.69B | $1.32B | $1.21B |
| Retained earnings | $7.96B | $7.66B | $7.29B | $6.66B | $5.79B | $4.78B | $4.14B | $3.60B | $3.12B | $2.59B |
| Total equity | $6.54B | $6.02B | $6.18B | $5.47B | $5.79B | $5.67B | $5.05B | $4.84B | $4.21B | $3.44B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.06B | $1.12B | $1.36B | $1.25B | $1.37B | $1.44B | $1.06B | $710.7M | $518.9M | $635.0M |
| Depreciation and amortisation | $418.0M | $406.0M | $319.0M | $264.0M | $284.0M | $299.0M | $314.4M | $294.1M | $230.2M | $206.1M |
| Capital expenditure | $216.0M | $311.0M | $358.0M | $222.0M | $293.0M | $173.0M | $265.7M | $250.0M | $179.1M | $207.1M |
| Investing cash flow | $185.0M | -$406.0M | -$2.44B | $172.0M | -$419.0M | -$166.0M | -$264.9M | -$1.46B | -$384.6M | -$1.71B |
| Financing cash flow | -$1.19B | -$746.0M | $1.10B | -$1.39B | -$985.0M | -$1.51B | -$600.7M | $883.0M | -$112.6M | $1.23B |
| Dividends paid | $310.0M | $318.0M | $302.0M | $284.0M | $73.0M | $0 | $0 | — | — | — |
| Buybacks | $159.0M | $360.0M | $38.0M | $1.04B | $877.0M | $117.0M | $291.8M | $60.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001065696-26-000012.
Others in SIC 5010
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CTNT | CHEETAH NET SUPPLY CHAIN SERVICE INC. | $45.2M | — | 182.7% |
| INEO | INNEOVA Holdings Ltd | — | — | -6.9% |