OverviewSuggest Edit

LKQ Corporation is a provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company is organized into four operating segments: Wholesale - North America, Europe, Specialty, and Self Service. It offers its customers a range of replacement systems, components, equipment, and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. The company distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, recycled collision and mechanical products, refurbished collision products such as wheels, bumper covers, and lights, as well as remanufactured engines and transmissions.

TypePublic
Founded1998
HQChicago, IL, US
Websitelkqcorp.com
Employee Ratings3.4
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)44,000(-13%)
Job Openings390
Revenue (FY, 2020)$11.6 B(-7%)
Share Price (Sept 2021)$50.8
Cybersecurity ratingDMore

Key People/Management at LKQ

Dominick Zarcone

Dominick Zarcone

President and Chief Executive Officer
Michael Clark

Michael Clark

Vice President - Finance & Controller
Walter P. Hanley

Walter P. Hanley

Senior Vice President of Development
Arnd Franz

Arnd Franz

Chief Executive Officer-Lkq Europe
Genevieve L. Dombrowski

Genevieve L. Dombrowski

Senior Vice President of Human Resources
Justin L. Jude

Justin L. Jude

President - Wholesale North America Operations
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LKQ Office Locations

LKQ has offices in Chicago and Nashville
Chicago, IL, US (HQ)
Citigroup Center, 500 W Madison St #2800
Nashville, TN, US
5846 Crossings Blvd, Antioch
Nashville, TN, US
655 Grassmere Park
Show all (3)

LKQ Financials and Metrics

LKQ Revenue

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LKQ's revenue was reported to be $11.63 b in FY, 2020 which is a 7% decrease from the previous period.
USD

Revenue (Q1, 2021)

3.2b

Gross profit (Q1, 2021)

1.3b

Gross profit margin (Q1, 2021), %

40.8%

Net income (Q1, 2021)

266.3m

EBIT (Q1, 2021)

371.4m

Market capitalization (9-Sept-2021)

15.3b

Closing stock price (9-Sept-2021)

50.8

Cash (31-Mar-2021)

590.2m

EV

18.9b
LKQ's current market capitalization is $15.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

11.9b12.5b11.6b

Revenue growth, %

22%5%(7%)

Cost of goods sold

7.3b7.7b7.0b

Gross profit

4.6b4.9b4.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.1b3.2b3.1b3.0b2.6b3.0b3.2b

Cost of goods sold

1.9b2.0b1.9b1.8b1.6b1.8b1.9b

Gross profit

1.2b1.2b1.2b1.2b1.0b1.2b1.3b

Gross profit Margin, %

39%38%38%40%38%39%41%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

331.8m523.0m312.2m

Accounts Receivable

1.2b1.1b1.1b

Inventories

2.8b2.8b2.4b

Current Assets

4.5b4.7b4.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

316.1m376.0m433.4m332.8m476.4m421.4m590.2m

Accounts Receivable

1.4b1.3b1.2b1.2b1.1b1.2b1.3b

Inventories

2.7b2.7b2.6b2.7b2.3b2.2b2.4b

Current Assets

4.6b4.6b4.5b4.4b4.1b4.1b4.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

483.2m545.0m640.4m

Depreciation and Amortization

294.1m314.4m299.5m

Inventories

(127.2m)15.5m433.1m

Accounts Payable

(77.6m)3.7m(64.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

99.1m251.2m403.8m146.0m264.7m458.7m266.3m

Depreciation and Amortization

76.2m152.4m230.2m71.4m144.3m220.6m71.6m

Inventories

71.8m131.2m148.2m(7.5m)445.5m535.3m(13.5m)

Accounts Payable

23.3m96.9m90.9m(27.2m)(172.1m)(105.7m)331.4m
USDFY, 2018

EV/EBIT

13.1 x

EV/CFO

16.2 x

Revenue/Employee

232.9k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

P/E Ratio

15.5
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LKQ Operating Metrics

FY, 2018FY, 2019FY, 2020

Facilities

1.7 k1.7 k1.6 k

Facilities (Rest of World)

1.15 k1.15 k1.08 k

Facilities (US)

550550525
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LKQ Acquisitions / Subsidiaries

Company NameDateDeal Size
StahlgruberMay 30, 2018$1.4 b
Andrew Page LimitedOctober 04, 2016$20 m
Arleigh International LimitedAugust 03, 2016
Pittsburgh Glass Works LLCFebruary 29, 2016
Rhiag Group Ltd.December 22, 2015$1.14 b
The Coast Distribution SystemAugust 20, 2015
PartschannelJuly 08, 2015
BOAC Automotive B.V.June 02, 2014
Pala Holding, B.V.June 02, 2014
Rijsbergen Holding B.V.June 02, 2014
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LKQ Revenue Breakdown

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LKQ revenue breakdown by business segment: 12.9% from Specialty, 47.2% from Europe and 39.8% from North America

LKQ revenue breakdown by geographic segment: 24.9% from Other Countries, 12.6% from United Kingdom, 49.5% from United States and 13.1% from Germany

Human Capital Metrics

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LKQ Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

LKQ Online and Social Media Presence

Embed Graph

LKQ Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    D+

    62/100

  • Compensation

    C

    64/100

  • Diversity

    C-

    61/100

Learn more on Comparably

LKQ News and Updates

LKQ Corporation Announces $1 Billion Increase in Stock Repurchase Program; total authorized now $2 Billion through October 2024

CHICAGO, July 29, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today announced that its Board of Directors has authorized a $1 billion increase and a two year extension to its stock repurchase program, raising the aggregate authorization under the program to $2 billion and authorizing rep…

LKQ Corporation to Release Second Quarter 2021 Results on Thursday, July 29, 2021

CHICAGO, July 06, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2021 financial results on Thursday, July 29, 2021.

LKQ Corporation Acquires Green Bean Battery

CHICAGO, May 25, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced that it has acquired the business and assets of Green Bean Battery, LLC (“Green Bean”). Founded i…

Fitch Initiates Rating of LKQ Corporation: ‘BBB-’ with Stable Outlook

CHICAGO, May 14, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, announced that Fitch Ratings, Inc. (“Fitch”) has assigned first time Long-Term Issuer Default Ratings of ‘BBB-’ t…

LKQ Corporation Announces Results for First Quarter 2021

CHICAGO, April 29, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today reported first quarter 2021 results that reflect strength for the Company in a number of key metrics including overall profitability, segment margins and free cash flow.

LKQ Corporation to Release First Quarter 2021 Results on Thursday, April 29, 2021

CHICAGO, April 09, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2021 financial results on Thursday, April 29, 2021.
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LKQ Frequently Asked Questions

  • When was LKQ founded?

    LKQ was founded in 1998.

  • Who are LKQ key executives?

    LKQ's key executives are Dominick Zarcone, Michael Clark and Walter P. Hanley.

  • How many employees does LKQ have?

    LKQ has 44,000 employees.

  • What is LKQ revenue?

    Latest LKQ annual revenue is $11.6 b.

  • What is LKQ revenue per employee?

    Latest LKQ revenue per employee is $264.3 k.

  • Who are LKQ competitors?

    Competitors of LKQ include Genuine Parts Company, Lear Corporation and Advance Auto Parts.

  • Where is LKQ headquarters?

    LKQ headquarters is located at Citigroup Center, 500 W Madison St #2800, Chicago.

  • Where are LKQ offices?

    LKQ has offices in Chicago and Nashville.

  • How many offices does LKQ have?

    LKQ has 3 offices.