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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$6.57B-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

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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 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 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.