LKQ Corporation (LKQ)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 686,000 | 711,000 | 728,000 | 824,000 | 936,000 | 953,000 | 1,007,000 | 1,146,000 | 1,149,000 | 1,191,281 | 1,213,336 | 1,097,960 | 1,090,873 | 1,035,604 | 945,032 | 759,200 | 638,423 | 597,799 | 556,579 | 588,348 |
| Revenue (ttm) | US$ in thousands | 14,355,000 | 14,499,000 | 14,483,000 | 14,220,000 | 13,866,000 | 13,366,000 | 12,902,000 | 12,795,000 | 12,794,000 | 12,978,990 | 13,171,600 | 13,265,710 | 13,088,500 | 12,856,400 | 12,607,470 | 11,798,680 | 11,628,830 | 11,684,800 | 11,784,890 | 12,406,740 |
| Net profit margin | 4.78% | 4.90% | 5.03% | 5.79% | 6.75% | 7.13% | 7.80% | 8.96% | 8.98% | 9.18% | 9.21% | 8.28% | 8.33% | 8.06% | 7.50% | 6.43% | 5.49% | 5.12% | 4.72% | 4.74% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $686,000K ÷ $14,355,000K
= 4.78%
LKQ Corporation's net profit margin has shown varying trends over the reporting periods provided. The net profit margin has generally been on an upward trajectory from March 31, 2020, to June 30, 2022, reaching its peak at 9.21% on June 30, 2022.
However, starting from September 30, 2022, the net profit margin started to decline gradually, with some fluctuations, and stood at 4.78% on December 31, 2024. This downward trend indicates that the company's ability to convert revenue into profit has weakened over the last few reporting periods.
It is important for stakeholders to closely monitor the factors influencing this decline in net profit margin, such as changes in costs, pricing strategies, operational efficiency, and overall market conditions, to assess the company's financial health and sustainability.