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Distributes alternative and recycled vehicle parts—aftermarket, refurbished and salvage—to collision and mechanical repair shops.
Distributes alternative and recycled vehicle parts—aftermarket, refurbished and salvage—to collision and mechanical repair shops.
Buys salvaged cars at auction, dismantles them for recycled parts and sells the leftover scrap metal, and sources aftermarket collision parts largely from Taiwan and other Asian makers, selling to body shops that insurers often steer toward cheaper alternatives to new factory parts. Europe, built through Euro Car Parts and Stahlgruber, is a large part of the business.
Moat: narrow (scale, distribution). Largest-scale distribution network of alternative parts in North America/Europe supports availability and price advantage.
Headquarters: Chicago, Illinois, US · Founded: 1998 · Employees: 44,000
Size LKQ (LKQ) is a United States Consumer Discretionary company (Automotive Aftermarket) with a market value of $5.06B, the 1179th largest of 3,117 United States companies the cockpit tracks. Shares closed at $20.05 on 6 Nov 2026.
Performance Over six months the shares fell 30.6%, against +1.5% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 3.2% over the last twelve months (peer median +6.3%); the operating margin is 6.6% (peer median 8.4%).
Valuation It trades at 9.3× forward earnings against a peer median of 16.6× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.9 points below its cost of capital (7.3% WACC).
Credit LKQ has 3 bonds outstanding ($1.68B), rated BBB- by the agencies and trading like BB+ at a weighted spread of 149 bp.
Short interest Short interest is 6.6% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $13.5B | $13.7B | $13.8B | $13.9B | $12.8B |
| Revenue growth | — | -1% | 0% | +8% | — |
| Gross profit | $4.78B | $4.90B | $5.05B | $5.30B | $4.99B |
| EBITDA | $1.30B | $1.51B | $1.70B | $1.74B | $1.70B |
| Net income | $259M | $607M | $690M | $942M | $1.15B |
| Free cash flow | $610M | $847M | $810M | $998M | $1.03B |
| Capital expenditure | $186M | $216M | $311M | $358M | $222M |
| Total debt | $5.08B | $5.06B | $5.48B | $5.64B | $3.94B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| LKQ LKQ | $5.06B | -31% | -3% | 7% | 9.3× | 0.0% |
| Genuine Parts GPC | $16.9B | +19% | +5% | 5% | 15.5× | 7.5% |
| O’Reilly Automotive ORLY | $72.3B | -3% | +9% | 20% | 25.2× | 4.1% |
| Advance Auto Parts AAP | $2.75B | -19% | -1% | 4% | 19.2× | 5.6% |
| AutoZone AZO | $51.8B | -8% | +7% | 18% | 19.0× | -2.8% |
| Dorman Products DORM | $4.03B | +10% | +2% | 16% | 15.8× | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LKQ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.9% | +1.9% | 2nd lowest of 21 |
| 6-month return | -30.6% | +1.5% | 2nd lowest of 21 |
| Distance from 52-week high | -46.0% | -20.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | -3.2% | +6.3% | 3rd lowest of 21 |
| Operating margin | 6.6% | 8.4% | 5th lowest of 20 |
| Forward P/E | 9.3× | 16.6× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 0.0% | -0.3% | 8th most demanding of 17 |
| Growth delivered (Del g) | +3.3% | +10.1% | 6th lowest of 17 |
| Hurdle (Req g minus delivered) | -3.2 pp | -8.8 pp | 6th most demanding of 17 |
| ROIC minus cost of capital | -0.9 pp | -0.2 pp | 9th lowest of 20 |
| EV / EBITDA | 7.6× | 7.8× | 6th cheapest of 12 |
| Net debt / EBITDA | 3.7× | 1.1× | 2nd most indebted of 12 |
| Bond spread | 149 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| LKQ LKQ | United States | $5.06B | -31% | -3% | 7% | 9.3× | 0.0% | +3.3% |
| Balkrishna Industries BALKRISIND.NS | India | $4.93B | +7% | +20% | 15% | 30.5× | n/a | n/a |
| Hankook Tire & Technology 161390.KS | South Korea | $5.56B | +5% | +43% | 10% | 6.1× | -13.2% | +26.9% |
| MRF MRF.NS | India | $5.62B | -4% | +11% | 10% | 25.7× | 20.7% | +14.0% |
| Sailun 601058.SS | China | $5.92B | -10% | +12% | 12% | 10.4× | n/a | n/a |
| Dorman Products DORM | United States | $4.03B | +10% | +2% | 16% | 15.8× | 4.3% | +14.3% |
| Yokohama Rubber 5101.T | Japan | $6.78B | +8% | +13% | 15% | 8.1× | n/a | n/a |
| Sumitomo Rubber Industries 5110.T | Japan | $3.40B | +1% | +5% | 8% | 9.8× | -3.3% | +8.8% |
| Toyo Tire 5105.T | Japan | $3.17B | +6% | +4% | 15% | 8.2× | -7.3% | +11.6% |
| Pirelli & C PIRC.MI | Italy | $8.27B | +10% | -1% | -9% | 13.3× | -2.4% | +9.5% |
| Cheng Shin Rubber Ind 2105.TW | Taiwan | $2.95B | -3% | -1% | 9% | 20.3× | -9.3% | -1.2% |
| Apollo Tyres APOLLOTYRE.NS | India | $2.80B | +1% | +14% | 8% | 16.6× | 15.6% | +10.7% |
| Zhongce Rubber Group Co., Ltd. A 603049.SS | China | $2.70B | -19% | +14% | 8% | 9.7× | n/a | n/a |
| Qingdao Sentury Tire 002984.SZ | China | $2.62B | -25% | +2% | 8% | 16.7× | 3.4% | +12.8% |
| Shandong Linglong Tyre 601966.SS | China | $2.32B | -19% | +8% | 3% | 50.3× | -0.4% | +6.0% |
| Nokian Renkaat TYRES.HE | Finland | $2.21B | +37% | +5% | 6% | 27.4× | 19.4% | +0.9% |
| Haian Rubber 001233.SZ | China | $1.82B | +9% | -4% | 23% | 25.6× | 1.8% | +13.7% |
| Continental CON.DE | Germany | $15.8B | +2% | -35% | n/a | 12.1× | -0.2% | -9.2% |
| CEAT CEATLTD.NS | India | $1.52B | +6% | +24% | 7% | 31.0× | 24.9% | +15.5% |
| Qingdao Doublestar 000599.SZ | China | $1.45B | -34% | +390% | 8% | n/a | -2.9% | +1.0% |
| Triangle Tyre 601163.SS | China | $1.38B | -21% | +2% | 5% | 18.2× | -7.2% | +2.9% |
LKQ has 3 bonds outstanding with $1.68B face value. The agencies rate it BBB-; its bonds trade like BB+. Weighted yield 5.74%, a spread of 149 bp over government bonds.