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LKQ LKQ Specialty — Operating lease assets, net

Other segment segments

North America Segment
$644M
Europe
$535M+9.9%

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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
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 specialty — operating lease assets, net?
LKQ (LKQ) reported specialty — operating lease assets, net of $142M in Q1 2026.
How has LKQ's specialty — operating lease assets, net changed year-over-year?
LKQ's specialty — operating lease assets, net increased by 21.4% year-over-year, from $117M to $142M.
What is the long-term trend for LKQ's specialty — operating lease assets, net?
Over 4 years (2021 to 2025), LKQ's specialty — operating lease assets, net has grown at a 12.9% compound annual growth rate (CAGR), from $306.23M to $498M.
What does specialty — operating lease assets, net mean?
Represents the net carrying value of right-of-use assets recognized under operating lease agreements specifically for the specialty segment. This metric reflects the company's reliance on leased real estate or equipment to conduct business operations. It is a key indicator of the segment's off-balance sheet financing obligations and operational footprint.

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