LKQ Corporation (LKQ)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,292,000 | 1,298,000 | 1,296,000 | 1,319,000 | 1,357,000 | 1,373,000 | 1,423,000 | 1,422,000 | 1,428,000 | 1,415,096 | 1,435,250 | 1,473,924 | 1,474,372 | 1,461,549 | 1,379,397 | 1,115,176 | 985,577 | 925,072 | 860,434 | 916,092 |
| 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 |
| Operating profit margin | 9.00% | 8.95% | 8.95% | 9.28% | 9.79% | 10.27% | 11.03% | 11.11% | 11.16% | 10.90% | 10.90% | 11.11% | 11.26% | 11.37% | 10.94% | 9.45% | 8.48% | 7.92% | 7.30% | 7.38% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,292,000K ÷ $14,355,000K
= 9.00%
The operating profit margin of LKQ Corporation has shown fluctuations over the period provided in the data. Starting at 7.38% in March 2020, the margin remained relatively stable around the 7-8% range for the rest of 2020. However, there was a notable increase in the margin in the first half of 2021, reaching a peak of 11.37% in September 2021.
From the second half of 2021 to the first half of 2023, the operating profit margin remained relatively stable between 10-11%, indicating consistent profitability for the company during this period. However, in the second half of 2023, there was a significant decline in the margin, dropping to 9.79% by December 2023.
The downward trend continued into 2024, with the operating profit margin decreasing further to 8.95% in June and September 2024. Despite a slight improvement to 9.00% in December 2024, the margin remained below the levels seen in the previous years.
Overall, the analysis of LKQ Corporation's operating profit margin shows periods of both growth and decline, with the company experiencing fluctuations in profitability over the years covered in the data provided.