LKQ Corporation (LKQ)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 958,000 | 971,000 | 982,000 | 1,105,000 | 1,235,000 | 1,285,000 | 1,369,000 | 1,523,000 | 1,518,000 | 1,516,784 | 1,535,399 | 1,401,648 | 1,399,130 | 1,375,213 | 1,277,926 | 1,031,688 | 884,995 | 827,701 | 764,700 | 807,649 |
| 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 |
| Pretax margin | 6.67% | 6.70% | 6.78% | 7.77% | 8.91% | 9.61% | 10.61% | 11.90% | 11.86% | 11.69% | 11.66% | 10.57% | 10.69% | 10.70% | 10.14% | 8.74% | 7.61% | 7.08% | 6.49% | 6.51% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $958,000K ÷ $14,355,000K
= 6.67%
The pretax margin of LKQ Corporation has displayed some fluctuations over the given time period. Starting from March 31, 2020, at 6.51%, the pretax margin increased gradually to its peak of 11.90% by March 31, 2023. However, following this peak, the pretax margin experienced a decline reaching 6.67% by December 31, 2024. The overall trend showcases an initial improvement in profitability, followed by a period of stability and eventual decrease towards the end of the period. It is important to analyze the factors contributing to these fluctuations in pretax margin, such as changes in revenue, expenses, and operational efficiency, in order to gain a comprehensive understanding of the company's financial performance.