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LKQ LKQ Discount rate used to determine service cost
Discount rate used to determine service cost at other companies
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Where this comes from
Reported directly by LKQ in its filing.
Tagged under the XBRL concept lkq:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostServiceCostRate.
The source filing: LKQ’s 10-K, filed February 19, 2026.
- Filed
- Feb 19, 2026, 4:59 PM EST
- Fiscal year
- FY2025
- Accession
- 0001065696-26-000012
| Line item | Year Ended December 31, 2025 | Year Ended December 31, 2024 | Year Ended December 31, 2023 |
|---|---|---|---|
| Discount rate used to determine service cost | 3.2% | 3.7% | 3.4% |
| Discount rate used to determine interest cost | 3.2% | 3.7% | 3.4% |
| Rate of future compensation increase | 2.5% | 2.6% | 1.9% |
| Expected long-term return on plan assets (1) | 4.2% | 4.3% | 3.1% |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is LKQ's discount rate used to determine service cost?
- LKQ (LKQ) reported discount rate used to determine service cost of 3.2% in Q4 2025.
- How has LKQ's discount rate used to determine service cost changed year-over-year?
- LKQ's discount rate used to determine service cost decreased by 13.5% year-over-year, from 3.7% to 3.2%.
- What does discount rate used to determine service cost mean?
- The interest rate used to discount the estimated future cash outflows of pension benefit obligations to their present value for service cost calculations. This rate is a critical assumption that directly impacts the valuation of the company's long-term pension liabilities.
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