LKQ Corporation (LKQ)

Between October 2024 and October 2025, LKQ's share price declined by 19.67%. In February 2025, the company forecasted a lower-than-expected annual profit due to sluggish demand for vehicle parts, which was attributed to consumer hesitancy regarding vehicle damage insurance. LKQ has been implementing cost-cutting measures, including the sale of underperforming assets and job cuts. In August and October 2025, LKQ announced the sale of its Self Service segment for US$410 million. In June 2025, LKQ Europe entered a joint venture with SYNETIQ Ltd. to enhance automotive aftermarket parts distribution and recycling in Europe. LKQ's European segment faced a 4.9% year-over-year organic revenue decline due to weaker demand, increased competition, price pressure, and operational issues, leading to divestitures in Poland, Slovenia, and Bosnia.

Historically, demand for LKQ Corporation's products and services can exhibit seasonality. For October, there is a historical bias leaning short, with the next statistically strong window culminating around November 15, 2025. The company's demand can be impacted by factors such as consumer hesitancy towards vehicle insurance due to rising premiums and high repair costs. The increasing prevalence of self-driving features and efforts by OEMs to "lock down" their ecosystems could also influence future demand for LKQ's offerings.

LKQ Corp. is a global distributor of alternative and specialty vehicle parts, operating in the auto parts sector and holding a significant market share in used car parts wholesaling and heavy-duty truck parts dealerships. Its product portfolio includes replacement, aftermarket, recycled, refurbished, and remanufactured parts, along with specialty products, accessories, paint, and OE aftermarket parts. The company also provides vehicle repair services and supply chain solutions.

LKQ Corp. has a significant international presence with over 1,400 locations across more than 25 countries. Its main operational segments are North America and Europe, with European operations extending across numerous countries. LKQ also has a presence in Taiwan.

LKQ Corporation maintains a strong brand reputation as a leader in automotive parts salvage and remanufacturing, emphasizing its commitment to a circular economy. The company highlights its sustainability initiatives, including processing over 750,000 vehicles and saving 900,000 metric tons of scrap in the past year, as well as recycling over 2 million tires. In May 2025, LKQ published its Global Sustainability Report. In October 2025, news emerged regarding Ananym Capital pressuring LKQ to exit its European operations and focus on North America.

LKQ Corp.'s ownership structure includes institutional, retail, and individual investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Morgan Stanley, Nordea Investment Management Ab, State Street Corp, Massachusetts Financial Services Co /ma/, Eaton Vance Management, Geode Capital Management, LLC, Dimensional Fund Advisors LP, Ancora Advisors LLC, and UBS Asset Management AG. ValueAct Capital holds a 7.1% ownership stake. Jacob H. Welch is the largest individual shareholder, owning 15.20% of the company's shares.