What is LKQ's inventory turnover?

LKQ (LKQ) reported inventory turnover of 2.6× in Q1 2026.

How has LKQ's inventory turnover changed year-over-year?

LKQ's inventory turnover decreased by 0.8% year-over-year, from 2.6× to 2.6×.

What is the long-term trend for LKQ's inventory turnover?

Over 5 years (2020 to 2025), LKQ's inventory turnover has grown at a -1.2% compound annual growth rate (CAGR), from 2.7× to 2.6×.

What does inventory turnover mean?

Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.

LKQ LKQ Inventory turnover

Inventory turnover at other companies

Genuine PartsGPC

2.7×-0.2×

O'Reilly AutomotiveORLY

1.6×0.0×

LAD

Lithia MotorsLAD

5.4×0.0×

Penske Automotive GroupPAG

5.7×-0.4×

Allison Transmission HoldingsALSN

3.6×-1.6×

PaccarPCAR

353.9×+58.0×

Other financials

Income statement

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Revenue$3.5B+4.3%

Gross profit$1.3B+1.4%

Operating income$217.0M-18.7%

Net income$79.0M-53.3%

EPS (diluted)$0.30-53.8%

Balance sheet

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Cash & equivalents$335.0M+47.6%

Total debt$1.5B-3.9%

Total equity$6.5B+4.7%

Total assets$15.1B-2.1%

Cash flow

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Operating cash flow-$56.0M-1,767%

CapEx$40.0M-25.9%

Free cash flow-$96.0M-68.4%

Valuation

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Market cap$6.57B-31.9%

Enterprise value$7.73B-29.8%

P/E12.7×-1.0×

P/S0.5×-0.2×

Profitability

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Gross margin38.3%-0.7pp

Operating margin6.9%-1.5pp

Net margin3.7%-1.4pp

FCF margin5.8%+1.7pp

Returns & leverage

See full

Return on equity8.2%-3.2pp

Debt / equity0.2×0.0×

Current ratio1.5×0.0×

Where this comes from

Calculated from LKQ’s reported figures.

total cost of revenue/inventories=2.6×

Based on trailing twelve months.

The official record: LKQ’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LKQ's inventory turnover?: LKQ (LKQ) reported inventory turnover of 2.6× in Q1 2026.
How has LKQ's inventory turnover changed year-over-year?: LKQ's inventory turnover decreased by 0.8% year-over-year, from 2.6× to 2.6×.
What is the long-term trend for LKQ's inventory turnover?: Over 5 years (2020 to 2025), LKQ's inventory turnover has grown at a -1.2% compound annual growth rate (CAGR), from 2.7× to 2.6×.
What does inventory turnover mean?: Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.