LKQ Corporation (LKQ)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 14,955,000 | 15,466,000 | 15,211,000 | 15,270,000 | 15,079,000 | 15,168,000 | 14,155,000 | 12,508,000 | 12,038,000 | 11,666,000 | 12,134,000 | 12,778,000 | 12,606,200 | 12,460,900 | 12,438,100 | 12,665,500 | 12,360,500 | 12,161,200 | 12,035,300 | 12,354,100 |
| ROA | 4.59% | 4.60% | 4.79% | 5.40% | 6.21% | 6.28% | 7.11% | 9.16% | 9.54% | 10.21% | 10.00% | 8.59% | 8.65% | 8.31% | 7.60% | 5.99% | 5.17% | 4.92% | 4.62% | 4.76% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $686,000K ÷ $14,955,000K
= 4.59%
The return on assets (ROA) of LKQ Corporation has shown fluctuating trends over the periods ranging from March 31, 2020, to December 31, 2024. The ROA started at 4.76% on March 31, 2020, and underwent slight variations until June 30, 2021. From that point, the ROA demonstrated a significant increase, reaching 10.21% on September 30, 2022, its highest point in the provided data.
Subsequently, there was a decline in the ROA figures, falling to 4.60% by September 30, 2024. Overall, the ROA figures indicate that LKQ Corporation was able to efficiently generate profits from its assets during the analyzed periods. However, the decreasing trend towards the end of the data range might suggest potential challenges in maintaining or improving asset efficiency in the near term.