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Dec 31, 2024
LKQ Q4 2024 Earnings Report
LKQ reported a decline in revenue and profitability in Q4 2024 amid challenging market conditions.
Key Takeaways
LKQ Corporation reported Q4 2024 revenue of $3.357 billion, a 4.1% decline from the previous year. Adjusted EPS was $0.80, down from $0.84 in Q4 2023. Net income also declined to $156 million, reflecting ongoing operational challenges. Despite the headwinds, the company continued returning capital to shareholders through share repurchases and dividends.
Q4 revenue declined 4.1% YoY to $3.357 billion.
Adjusted EPS fell 4.8% YoY to $0.80.
Net income dropped to $156 million from $184 million in Q4 2023.
Europe segment achieved record Q4 EBITDA margin of 10.1%.
LKQ
LKQ
LKQ Revenue by Segment
LKQ Revenue by Geographic Location
Revenue by Segment
Parts and services Revenue
CapyFin.comSelf Service Revenue
CapyFin.comRevenue by Geographic Location
Wholesale North America Revenue
CapyFin.comEurope Revenue
CapyFin.comSpecialty Revenue
CapyFin.com Forward Guidance
LKQ expects organic revenue growth of 0% to 2% for parts and services in 2025, with adjusted EPS projected between $3.40 and $3.70.
Positive Outlook
- Expected revenue growth of 0% to 2% in parts and services.
- Adjusted EPS guidance of $3.40 to $3.70.
- Operating cash flow projected between $1.075B and $1.275B.
- Free cash flow forecasted between $750M and $900M.
- Commitment to margin improvement and shareholder returns.
Challenges Ahead
- Macroeconomic challenges could weigh on demand.
- Potential impact from foreign exchange fluctuations.
- Higher restructuring and transaction-related costs.
- Uncertainty in commodity price trends affecting revenue.
- Industry recovery remains uneven across regions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income