LKQ Corp reported Q4 2023 revenue of $3.5B, a 16.6% YoY increase, with full-year revenue at $13.9B, up 8.
LKQ Corp, a global auto parts distributor, reported Q4 2023 revenue of $3.5B, a 16.6% increase YoY, with full-year revenue at $13.9B, up 8.4%. Despite facing macroeconomic challenges, the company's parts and services experienced organic growth of 2.8% QoQ and 4.7% YoY. Net income for Q4 was $184M, while adjusted net income rose 7.9% to $226M. LKQ's annualized revenue growth for the past five years was 3.1%.
February 22, 2024
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