Lkq (LKQ) Gross Margin (2009 - 2026)
Lkq (LKQ) posted quarterly Gross Margin of 38.37% for Q1 2026, down 110.0% year-over-year from 383.68% in Q1 2025, and up 1.26% on a QoQ basis from 37.89% in Q4 2025.
Lkq (LKQ) Gross Margin (2009 - 2026) Analysis & Trends
Lkq (LKQ) has reported Gross Margin for 18 consecutive years, with 38.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 110.0% year-over-year to 38.37%; the TTM figure through Mar 2026 stood at 38.35% (down 73.0% YoY), while the FY2025 annual figure was 38.57%, down 38.0% from the prior year.
- Gross Margin came in at 38.37% for Q1 2026 at Lkq, up from 37.89% in the prior quarter.
- The five-year high for Gross Margin was 41.11% in Q3 2022, with the low at 37.89% in Q4 2025.
- Average Gross Margin over 5 years is 39.63%, with a median of 39.34% recorded in 2024.
- Across the five-year window, Gross Margin surged 92 bps in 2022 and plunged 218 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 40.75% in 2022, then declined by 1 bps to 40.53% in 2023, then decreased by 3 bps to 39.34% in 2024, then declined by 4 bps to 37.89% in 2025, then gained by 1 bps to 38.37% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.37%, 37.89%, and 38.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Lkq | 78.45 Mn | -232.55 Mn | 1.33 Bn | 38.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.37% |
| Dec 31, 2025 | 37.89% |
| Sep 30, 2025 | 38.33% |
| Jun 30, 2025 | 38.77% |
| Mar 31, 2025 | 39.46% |
| Dec 31, 2024 | 39.34% |
| Sep 30, 2024 | 38.75% |
| Jun 30, 2024 | 38.83% |
| Mar 31, 2024 | 39.21% |
| Dec 31, 2023 | 40.53% |
| Sep 30, 2023 | 38.96% |
| Jun 30, 2023 | 41.01% |
| Mar 31, 2023 | 40.97% |
| Dec 31, 2022 | 40.75% |
| Sep 30, 2022 | 41.11% |
| Jun 30, 2022 | 40.92% |
| Mar 31, 2022 | 40.53% |
| Dec 31, 2021 | 39.83% |
| Sep 30, 2021 | 40.76% |
| Jun 30, 2021 | 41.19% |