LKQ Corporation (LKQ)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,244,000 | 1,298,000 | 1,380,000 | 1,536,000 | 1,534,000 | 1,536,000 | 1,559,000 | 1,425,000 | 1,422,000 | 1,394,799 | 1,293,792 | 1,041,453 | 888,000 | 828,797 | 766,814 | 812,539 | 756,590 | 637,011 | 607,171 | 618,567 |
| Revenue (ttm) | US$ in thousands | 13,866,000 | 13,366,000 | 12,902,000 | 12,795,000 | 12,794,000 | 12,979,000 | 13,172,000 | 13,266,000 | 13,089,000 | 12,857,060 | 12,607,740 | 11,799,060 | 11,629,000 | 11,684,800 | 11,784,890 | 12,406,740 | 12,506,100 | 12,499,020 | 12,473,630 | 12,256,210 |
| Pretax margin | 8.97% | 9.71% | 10.70% | 12.00% | 11.99% | 11.83% | 11.84% | 10.74% | 10.86% | 10.85% | 10.26% | 8.83% | 7.64% | 7.09% | 6.51% | 6.55% | 6.05% | 5.10% | 4.87% | 5.05% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,244,000K ÷ $13,866,000K
= 8.97%
The pretax margin of LKQ Corp has shown some fluctuations over the past eight quarters. The company's pretax margin ranged from 9.01% to 12.00% during this period. In general, the pretax margin has displayed a slightly decreasing trend from Q4 2022 to Q4 2023. However, the margin has remained relatively stable, hovering around the 10% to 12% range. It is important to closely monitor future trends in the pretax margin to assess the company's profitability and efficiency in generating profits before accounting for taxes.