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LKQ LKQ Europe — Operating lease assets, net

Other segment segments

North America Segment
$644M
Specialty
$142M+21.4%

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MORNAustralia — Operating lease assets
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MORNCanada — Operating lease assets
$8.2M+20.6%

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$6.1B-20.8%
Enterprise value$7.26B-19.5%
P/E11.8×+0.9×
P/S0.4×-0.1×

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

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Return on equity8.2%-3.2pp
Debt / equity0.2×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by LKQ in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: LKQ’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 3:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001065696-26-000033
Line itemMarch 31, 2026December 31, 2025
Total property, plant and equipment, net1,4061,452
Operating lease assets, net
North America644641
Europe535544
Specialty142147
Total operating lease assets, net1,3211,332
Other unallocated assets7,6027,723
Total assets$15,139$15,137

Item 1. Financial Statements

FAQ

What is LKQ's europe — operating lease assets, net?
LKQ (LKQ) reported europe — operating lease assets, net of $535M in Q1 2026.
How has LKQ's europe — operating lease assets, net changed year-over-year?
LKQ's europe — operating lease assets, net increased by 9.9% year-over-year, from $487M to $535M.
What is the long-term trend for LKQ's europe — operating lease assets, net?
Over 4 years (2021 to 2025), LKQ's europe — operating lease assets, net has grown at a 0.4% compound annual growth rate (CAGR), from $2.07B to $2.1B.
What does europe — operating lease assets, net mean?
Represents the net carrying value of right-of-use assets arising from operating lease agreements within the European segment. This metric reflects the capitalized value of leased properties, such as distribution centers or warehouses, used to support regional operations. It is a key indicator of the scale of the company's physical infrastructure footprint in the European market.

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