# LKQ Corporation (LKQ)

> Source: Nexqual · https://nexqual.com/LKQ · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, LKQ Corporation (LKQ), nexqual.com/LKQ" · informational, not investment advice.

**Price:** USD 22.47 (+5.10% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 21.38 · day 21.3–22.6 · 52w 21.17–37.13 · market cap $5.68B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $13.7B, net income $461M (3.4% margin), free cash flow $625M (SEC filings).
- Valuation: P/E 12.3x (avg 13.5x at the last 3 fiscal year-ends).
- Earnings quality: non-operating income $192M vs operating income $869M over the last four quarters; P/E excluding non-operating income ≈17.9x (estimate: non-operating income taxed at the company's 24.9% effective rate).
- 3 of 80 tracked superinvestors hold LKQ (13F, Q2 2026): 0 new, 2 added, 0 reduced, 1 unchanged.
- Analysts: Buy (mean 1.89 on a 1–5 scale) (9 analysts), mean target USD 32.13 (range 25–42.5).
- Total return with dividends: 1Y -23.4% vs S&P 500 +14.9%; 5Y -54.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.69, revenue estimate $3.41B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $13.1B | $12.8B | $13.3B | $13.8B | $13.7B | $13.7B |
| Gross profit | $5.32B | $5.22B | $5.35B | $5.38B | $5.26B | — |
| Operating income | $1.47B | $1.58B | $1.32B | $1.15B | $993M | $869M |
| Net income | $1.09B | $1.15B | $938M | $693M | $608M | $461M |
| EPS (diluted) | $3.66 | $4.13 | $3.49 | $2.62 | $2.35 | — |
| Free cash flow | $1.07B | $1.03B | $998M | $810M | $847M | $625M |
| Gross margin | 40.7% | 40.8% | 40.3% | 38.9% | 38.6% | — |
| Operating margin | 11.3% | 12.4% | 10.0% | 8.3% | 7.3% | 6.3% |
| Net margin | 8.3% | 9.0% | 7.1% | 5.0% | 4.5% | 3.4% |
| Revenue growth | +12.6% | -2.3% | +3.7% | +4.2% | -1.2% | — |
| Cash + short-term investments | $274M | $278M | $299M | $234M | $319M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 12.3x · P/E ex non-operating (est.) ≈17.9x · P/S 0.4x · P/FCF 9.1x · P/B 0.9x · FCF yield 10.99% · Earnings yield 8.11% · Dividend yield (paid, TTM) 5.42% · Buyback yield (TTM) 2.34%
P/E at fiscal year-ends: Dec 2025 12.8x, Dec 2024 14.0x, Dec 2023 13.7x.

## Superinvestors (SEC 13F-HR, Q2 2026)
3 of 80 tracked investors hold LKQ. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 1.17% | $399M | Added +142.9% |
| Wallace Weitz | Weitz Investment Management | 0.74% | $10.7M | Unchanged |
| Tweedy Browne |  | 0.12% | $1.6M | Added +45.5% |

## Analysts
Consensus Buy (mean 1.89 on a 1–5 scale), 9 analysts; mean target USD 32.13 (low 25, high 42.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | JP Morgan | Target lowered | Overweight | $30 → $27 |
| 2026-08-03 | Barclays | Target lowered | Equal-Weight | $30 → $25 |
| 2026-07-31 | JP Morgan | Target lowered | Overweight | $37 → $30 |
| 2026-07-22 | Barclays | Target lowered | Equal-Weight | $33 → $30 |
| 2026-07-21 | Stephens & Co. | Target lowered | Overweight | $39 → $36.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -23.4% | -54.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -23.4% | -14.4% |
| Volatility (annualized) | 36.2% | 29.3% |
| Max drawdown | -36.5% (Feb 2026→Oct 2026) | -58.3% (Jun 2023→Oct 2026) |

## Peers (Auto Parts)
LEA (Lear Corporation) USD 118.61 +0.61% · MBLY (Mobileye Global Inc.) USD 6.95 -1.00% · GNTX (Gentex Corporation) USD 21.74 +3.52% · MOD (Modine Manufacturing Company) USD 135.17 -9.75% · GTX (Garrett Motion Inc.) USD 22 -8.07% · DORM (Dorman Products, Inc.) USD 127.49 +3.34%

## More
Full page: https://nexqual.com/LKQ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| North America | $1.47B | 43.0% | +1.7% |
| Europe | $1.46B | 42.7% | -9.5% |
| Specialty | $488.0M | 14.3% | +4.9% |
| Total revenue | $3.41B | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| UNITED STATES | $1.63B | 47.7% | +1.7% |
| Other countries | $1.04B | 30.4% | +0.9% |
| UNITED KINGDOM | $399.0M | 11.7% | -4.5% |
| GERMANY | $345.0M | 10.1% | -26.1% |
| Total revenue | $3.41B | 100% | — |

## Company outlook (8-K filed 2026-07-30)

- "Outlook includes estimated impacts from the U.S. and retaliatory tariffs in effect as of July 1, 2026 and assumes a global effective tax rate of 26.8% and foreign currency exchange rates near recent average levels, including $1.17, $1.35 and $0.72 for the euro, pound sterling and Canadian dollar, respectively, for the balance of the year."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.69 | $0.85 | -18.8% | $3.41B | 9 |
| Next quarter (ends 2026-12-31) | $0.63 | $0.74 | -14.8% | $3.29B | 9 |
| Current fiscal year (ends 2026-12-31) | $2.65 | $2.97 | -10.6% | $13.58B | 9 |
| Next fiscal year (ends 2027-12-31) | $3.06 | $3.32 | -7.9% | $13.91B | 9 |