Lkq (LKQ) Tax Rate (2009 - 2026)
Lkq (LKQ) posted quarterly Tax Rate of 26.35% for Q1 2026, down 138.0% year-over-year from 69.34% in Q1 2025, and down 10.76% on a QoQ basis from 29.52% in Q4 2025.
Lkq (LKQ) Tax Rate (2009 - 2026) Analysis & Trends
Lkq (LKQ) has reported Tax Rate for 18 consecutive years, with 26.35% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 138.0% year-over-year to 26.35%; the TTM figure through Mar 2026 stood at 24.9% (down 283.0% YoY), while the FY2025 annual figure was 25.5%, down 312.0% from the prior year.
- Tax Rate came in at 26.35% for Q1 2026 at Lkq, down from 29.52% in the prior quarter.
- The five-year high for Tax Rate was 30.83% in Q2 2024, with the low at 19.52% in Q4 2023.
- Average Tax Rate over 5 years is 26.08%, with a median of 26.15% recorded in 2025.
- Across the five-year window, Tax Rate soared 1459 bps in 2022 and plunged 1026 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 29.78% in 2022, then slumped by 34 bps to 19.52% in 2023, then jumped by 39 bps to 27.23% in 2024, then climbed by 8 bps to 29.52% in 2025, then fell by 11 bps to 26.35% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.35%, 29.52%, and 20.18% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 885.71% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 21.12% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 101.15% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 23.17% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 22.26% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 28.42% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 29.70% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -21.56% |
| 10 | Lkq | 78.45 Mn | -232.55 Mn | 1.33 Bn | 26.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.35% |
| Mar 31, 2026 | 26.35% |
| Dec 31, 2025 | 29.52% |
| Dec 31, 2025 | 29.52% |
| Sep 30, 2025 | 20.18% |
| Sep 30, 2025 | 20.18% |
| Jun 30, 2025 | 26.15% |
| Jun 30, 2025 | 26.15% |
| Mar 31, 2025 | 27.73% |
| Mar 31, 2025 | 27.73% |
| Dec 31, 2024 | 27.23% |
| Dec 31, 2024 | 27.23% |
| Sep 30, 2024 | 24.80% |
| Sep 30, 2024 | 24.80% |
| Jun 30, 2024 | 30.83% |
| Jun 30, 2024 | 30.83% |
| Mar 31, 2024 | 30.74% |
| Mar 31, 2024 | 30.74% |
| Dec 31, 2023 | 19.52% |
| Dec 31, 2023 | 19.52% |