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LKQ LKQ North America Segment — Operating lease assets, net

Other segment segments

Europe
$535M+9.9%
Specialty
$142M+21.4%

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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
Specialty102106
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

Item 1. Financial Statements

FAQ

What is LKQ's north america segment — operating lease assets, net?
LKQ (LKQ) reported north america segment — operating lease assets, net of $644M in Q1 2026.
What does north america segment — operating lease assets, net mean?
This metric represents the net book value of assets held under operating leases specifically within the North American business segment. It reflects the capitalized cost of leased property, plant, or equipment minus accumulated depreciation and impairment charges. Monitoring this balance provides insight into the scale of the company's leased infrastructure and the capital intensity required to support its North American distribution and salvage operations.

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