GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (NAS:LKQ) » Definitions » Net Margin %

LKQ (LKQ) Net Margin % : 5.33% (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is LKQ Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. LKQ's Net Income for the three months ended in Sep. 2024 was $191 Mil. LKQ's Revenue for the three months ended in Sep. 2024 was $3,584 Mil. Therefore, LKQ's net margin for the quarter that ended in Sep. 2024 was 5.33%.

The historical rank and industry rank for LKQ's Net Margin % or its related term are showing as below:

LKQ' s Net Margin % Range Over the Past 10 Years
Min: 4.04   Med: 5.58   Max: 8.98
Current: 4.9


LKQ's Net Margin % is ranked better than
59.75% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.55 vs LKQ: 4.90

LKQ Net Margin % Historical Data

The historical data trend for LKQ's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LKQ Net Margin % Chart

LKQ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 5.49 8.34 8.98 6.75

LKQ Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 5.06 4.27 4.99 5.33

Competitive Comparison of LKQ's Net Margin %

For the Auto Parts subindustry, LKQ's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LKQ's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Net Margin % distribution charts can be found below:

* The bar in red indicates where LKQ's Net Margin % falls into.



LKQ Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

LKQ's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=936/13866
=6.75 %

LKQ's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=191/3584
=5.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LKQ  (NAS:LKQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


LKQ Net Margin % Related Terms

Thank you for viewing the detailed overview of LKQ's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


LKQ Business Description

Traded in Other Exchanges
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional, or do-it-for-me, channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.
Executives
Rick Galloway officer: SVP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Matthew J Mckay officer: SVP of Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Justin L Jude officer: SVP Ops -- Wholesale Parts C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Walter P Hanley officer: Senior VP of Development C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300, CHICAGO IL 60602
Patrick Berard director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Xavier Urbain director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Dominick P Zarcone director, officer: President and CEO C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Blythe J Mcgarvie director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Varun Laroyia officer: Executive VP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Meg Divitto director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Robert M. Hanser director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
John W Mendel director C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Joseph M Holsten director, officer: President and CEO
Genevieve L Dombrowski officer: SVP -- Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661

LKQ Headlines

From GuruFocus

LKQ Publishes 2023 Global Sustainability Report

By Marketwired 05-28-2024

Q2 2022 LKQ Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2024 LKQ Corp Earnings Call Transcript

By GuruFocus Research 04-24-2024

LKQ Corp Investor Day Transcript

By GuruFocus Research 01-23-2024

LKQ Corp To Acquire Uni-Select Inc - M&A Call Transcript

By GuruFocus Research 01-23-2024

Q2 2024 LKQ Corp Earnings Call Transcript

By GuruFocus Research 07-26-2024