LKQ Corporation is transitioning from aggressive M&A-led growth to a disciplined, cash-generative model focused on operational efficiency and shareholder returns. LKQ's core strengths lie in its dominant Wholesale North America segment, scale advantages, and trusted customer relationships. Management, under activist influence, is prioritizing portfolio simplification, margin expansion, and disciplined capital allocation.
LKQ leans on acquisitions and major cost cuts for growth, even as repairable-claim softness and European weakness pressure its outlook.
Ananym Capital has intensified its call for auto-parts supplier LKQ to sell its European business, stressing that there are interested buyers and that the proceeds could be used to buy back shares, according to a letter to LKQ's board on Friday that was seen by Reuters.
| - Industry | - Sector | Justin L. Jude CEO | XDUS Exchange | US5018892084 ISIN |
| US Country | 47,000 Employees | 20 Nov 2025 Last Dividend | 19 Sep 2012 Last Split | 3 Oct 2003 IPO Date |
LKQ Corporation, established in 1998 and headquartered in Chicago, Illinois, stands as a prominent distributor in the vehicle repair and maintenance parts industry. The corporation operates through four main segments: Wholesale-North America, Europe, Specialty, and Self Service. Its vast geographical footprint spans the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ's extensive product line caters to collision and mechanical repair shops, new and used car dealerships, as well as retail customers, making it a vital player for a wide range of automotive needs.