LKQ Corp

Q4 Results Q/Q Comparison:

  • Revenue increased 23% to $2.15B
    • Organic revenue growth of 4%
  • GAAP diluted EPS decreased 10% to $0.28
    • Adjusted EPS increased 15% to $0.39
  • GAAP net income decreased 9% to $86M
    • Adjusted net income increased 14% to $120M
  • Segmented results (revenue):
    • North America increased 9% (organic growth of 2%)
    • Europe increased 60% (organic growth of 7%)
    • Specialty increased 6% (organic growth of 6%)

Full-Year 2016:

  • Revenue increased 19% to $8.58B
    • Organic revenue growth of 5%
  • GAAP diluted EPS increased 9% to $1.50
    • Adjusted EPS increased 21% to $1.80
  • GAAP net income increased 10% to $464M
    • Adjusted net income increased 22% to $557M
  • Segmented results (revenue):
    • North America increased 10% (organic growth of 3%)
    • Europe increased 46% (organic growth of 7%)
    • Specialty increased 14% (organic growth of 7%)
  • Free cashflow of $428M
  • Ended the year with cash of $227M and debt of $3.3B (effective borrowing rate is 2.8%)
  • 2017 Guidance:
    • Organic revenue growth of 4% to 6%
    • Adjusted EPS (from continuing operations) of $1.80 to $1.90 (a 10% increase year-over-year)

Stock Price: $32
Market Capitalization: $9.8 billion

February 23, 2017

 

 

 


 


 

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