Lkq (LKQ) Gross Margin (2009 - 2026)
Lkq (LKQ) recorded quarterly Gross Margin of 38.37% in Q1 2026, up 1.26% quarter-over-quarter from 37.89% in Q4 2025, and down 110.0% on a YoY basis from 383.68% in Q1 2025.
Lkq (LKQ) Gross Margin (2009 - 2026) Analysis & Trends
Lkq's Gross Margin history runs 18 years deep, the most recent figure standing at 38.37% for 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 was 38.37% for Q1 2026 at Lkq, up from 37.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 41.11% in Q3 2022 to a low of 37.89% in Q4 2025.
- Historically, Gross Margin has averaged 39.63% across 5 years, with a median of 39.34% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 92 bps in 2022, then tumbled 218 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 40.75% in 2022, then decreased by 1 bps to 40.53% in 2023, then declined by 3 bps to 39.34% in 2024, then decreased by 4 bps to 37.89% in 2025, then grew by 1 bps to 38.37% in 2026.
- The last three Gross Margin figures came in at 38.37% (Q1 2026), 37.89% (Q4 2025), and 38.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Lkq | 6.71 Bn | 6.40 Bn | 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% |