Lkq Corp. (LKQ) intrinsic value & 10-year financials
Lkq Corp. (LKQ) has a Graham intrinsic value of $37.95 per share. At $22.23 on Oct 17, 2026, the stock trades 41% below that value. Over the last 10 fiscal years revenue grew 5.3% a year to $13.7B, with an average return on invested capital of 9.6%.
- Graham intrinsic value
- $37.95
- Share price (Oct 17, 2026)
- $22.23
- Price vs Graham value
- 41% below
- Market cap
- $5.7B
- Revenue (FY2025)
- $13.7B
- Revenue growth (10-yr CAGR)
- 5.3%
- ROIC (10-yr avg)
- 9.6%
- Free cash flow (FY2025)
- $847.0M
LKQ 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $13.7B | $608.0M | $2.35 | $847.0M | 7.3% | 7.5% |
| FY2024 | $14.4B | $693.0M | $2.62 | $810.0M | 8.4% | 8.5% |
| FY2023 | $13.9B | $938.0M | $3.49 | $998.0M | 9.8% | 11.4% |
| FY2022 | $12.8B | $1.1B | $4.13 | $1.0B | 12.4% | 14.7% |
| FY2021 | $13.1B | $1.1B | $3.66 | $1.1B | 11.3% | 13.7% |
| FY2020 | $11.6B | $638.4M | $2.09 | $1.3B | 8.5% | 8.4% |
| FY2019 | $12.5B | $541.3M | $1.74 | $798.3M | 7.2% | 7.4% |
| FY2018 | $11.9B | $480.1M | $1.52 | $460.7M | 7.4% | 7.8% |
| FY2017 | $9.7B | $533.7M | $1.72 | $339.8M | 8.7% | 8.4% |
| FY2016 | $8.6B | $464.0M | $1.50 | $427.9M | 8.9% | 7.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LKQ CORP has demonstrated mature, steady growth, with revenue compounding at 5.3% annually over the past decade.
LKQ CORP returns on capital have been average, hovering around 9.6% ROIC over the decade.
Over the decade, LKQ CORP shows that management has aggressively returned capital to shareholders by retiring 16.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, LKQ CORP is modeled at 5.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $37.95 per share.