LKQ CORPORATION

LKQCIK 0001065696

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Financial snapshot

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Filings

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Analytical signals

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Calculations over this company’s filings, each compared with a stated threshold. They indicate where to read more closely; they are analytical evidence, not conclusions, and none implies wrongdoing.

Pension funding

P-07 · Calculated

Threshold met

FY 2025-12-31

The funded ratio of defined-benefit plans against shareholder equity.

DB plan 63% funded — -$80M deficit (1% of equity)

Trend: flat

P-07 inputs
Input	Value
model score (0–100)	71.2
benefit_obligation	217000000
plan_assets	137000000
funded_ratio	0.6313
deficit	-80000000
deficit_vs_equity	0.0122
thresholds.elevated	<90% funded
thresholds.triggered	<80% funded or deficit >25% of equity
stale	false
latest_filing_period	2025-12-31

Trend

10-K· 2026-02-19 Methodology

Earnings quality

P-01 · Calculated

Below threshold

FY 2025-12-31

Beneish M-Score -2.59 is below the reference levels used here

Trend: flat

How reported earnings relate to accruals and to changes in receivables, margins and asset quality.

P-01 inputs
Input	Value
model score (0–100)	26.1
m_score	-2.588
threshold	-1.78
ratios.DSRI	1.095
ratios.GMI	1.01
ratios.AQI	0.965
ratios.SGI	0.988
ratios.DEPI	1.001
ratios.SGAI	1.027
ratios.LVGI	1.083
ratios.TATA	-0.031
defaulted_to_neutral
sloan_accruals	-0.0302
inputs.revenue_t	13651000000
inputs.revenue_t1	13823000000
inputs.total_assets_t	15137000000
inputs.net_income_t	608000000
inputs.cfo_t	1063000000
stale	false
latest_filing_period	2025-12-31

Trend

10-K· 2026-02-19 Methodology

Effective tax rate

P-05 · Calculated

Below threshold

FY 2021-12-31

[FY2021 data, stale — no more recent pretax-income figure in XBRL] ETR 23.7% — within normal range of statutory

Trend: flat

The gap between the effective and the statutory tax rate, and whether it persists across three years.

P-05 inputs
Input	Value
model score (0–100)	0.0
etr_by_year.2021-12-31	0.2366
etr_by_year.2020-12-31	0.2825
etr_by_year.2019-12-31	0.2722
statutory_rate	0.21
gap_by_year.2021-12-31	-0.0266
gap_by_year.2020-12-31	-0.0725
gap_by_year.2019-12-31	-0.0622
note	Low ETR can be fully legitimate; this flags persistence + magnitude for review.
stale	true
latest_filing_period	2025-12-31

Trend

10-K· 2024-02-22 Methodology

Interest coverage

P-13 · Calculated

Not comparable

FY 2023-12-31

Interest coverage: not a valid comparison for this company

Calculated, not presented as a result

The calculation is outside what this model can support: interest expense is zero or negative in a year the test counts (net interest income), so interest coverage is not defined for it.

The raw calculation is kept under Details for audit. It is not shown as a level, a score, a ranking or a multiple of a base rate.

Trend: flat

Whether operating earnings cover interest expense, and for how many consecutive years they did not.

P-13 inputs
Input	Value
icr_by_year.2025-12-31	null
icr_by_year.2024-12-31	null
icr_by_year.2023-12-31	-6.187
icr_by_year.2022-12-31	-20.269
consecutive_years_below_1	2
altman_z_double_prime	4.792
definitions.zombie	ICR<1 for 3+ consecutive FYs (BIS 2018)
definitions.z_distress	<1.1 distress, 1.1-2.6 gray, >2.6 safe
inputs.ebit_t	1324000000
inputs.interest_expense_t	-214000000
stale	true
latest_filing_period	2025-12-31
raw_result.score	80
raw_result.level	1
raw_result.headline	[FY2023 data, stale — no more recent EBIT figure in XBRL] Interest coverage -6.19x below 1.0
validity.status	NOT_COMPARABLE
validity.reason	interest expense is zero or negative in a year the test counts (net interest income), so interest coverage is not defined for it

Trend

10-K· 2026-02-19 Methodology

Restatement indicators

P-12 · Calculated

Below threshold

FY 2025-12-31

F-Score 0.59 is at or below the 1.0 reference level

Trend: flat

How closely reported accruals and financing patterns resemble those of companies that later restated.

P-12 inputs
Input	Value
model score (0–100)	19.5
f_score	0.586
probability	0.00217
components.rsst	-0.0302
components.drec	0.006
components.dinv	0.0162
components.soft	0.883
components.dcs	-0.019
components.droa	-0.0062
components.issue	0
model	Dechow et al. 2011, Model 1 (simplified RSST)
thresholds.elevated	1
thresholds.triggered	1.85
stale	false
latest_filing_period	2025-12-31

Trend

10-K· 2026-02-19 Methodology

No stored result for Subsidiary jurisdictions, ESG disclosure support, Insider filing timing, Language change, Strategic-review language, Carbon-exposed assets. Some signals are computed on request, and others need inputs this company’s filings do not tag; a missing result is not a finding either way.

Methodology and sources

Financial figures come from SEC XBRL company facts (annual reports). Choose any evidence marker to see the filing behind a value.
Filing text comes from SEC EDGAR. Browse this company on EDGAR ↗
Signals are calculated by Stratum from those filings. Some use AI to read filing text, and every AI claim must quote the document verbatim or it is discarded. Full methodology

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