LKQ Corp. (LKQX, Financial) filed Annual Report for the period ended 2010-12-31.
Lkq Corp. has a market cap of $3.44 billion; its shares were traded at around $23.8 with a P/E ratio of 21.7 and P/S ratio of 1.7. Lkq Corp. had an annual average earning growth of 33.8% over the past 5 years.Hedge Fund Gurus that owns LKQX: Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns LKQX: Ron Baron of Baron Funds, Richard Aster Jr of Meridian Fund, RS Investment Management, Chuck Royce of Royce& Associates, Pioneer Investments, Jean-Marie Eveillard of First Eagle Investment Management, LLC.
The aftermarket products we distribute are purchased from independent manufacturers located primarily in Taiwan and the U.S. In 2010, we purchased 12% of the aftermarket products we sell from each of two manufacturers. No other suppliers provided more than 7% of our supply of aftermarket products. We believe we are one of the largest customers of each of the ten largest suppliers. We purchased approximately 48% of our aftermarket products directly from manufacturers in Taiwan and other Asian countries. Approximately 52% of our aftermarket products were purchased from locations in the U.S. However, the majority of these products were manufactured in Taiwan and other Asian countries.
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Lkq Corp. has a market cap of $3.44 billion; its shares were traded at around $23.8 with a P/E ratio of 21.7 and P/S ratio of 1.7. Lkq Corp. had an annual average earning growth of 33.8% over the past 5 years.Hedge Fund Gurus that owns LKQX: Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns LKQX: Ron Baron of Baron Funds, Richard Aster Jr of Meridian Fund, RS Investment Management, Chuck Royce of Royce& Associates, Pioneer Investments, Jean-Marie Eveillard of First Eagle Investment Management, LLC.
Highlight of Business Operations:
The breadth and depth of our inventory reinforces LKQs ability to provide a one-stop solution for our customers aftermarket, recycled, refurbished and remanufactured product needs. Customers place a high value on the availability of a broad range of vehicle replacement products. We are able to provide the collision and mechanical repair industry with premium products at costs typically 20% to 50% below new OEM replacement products. The availability of alternative products means that automobiles can be repaired at lower costs and leads to more cars being repaired rather than designated as total losses by insurance companies. In fact, many insurance companies will not authorize the use of higher cost, new OEM replacement products if alternative products are available. Our ability to supply these products gives insurance companies the confidence to designate LKQ as the preferred supplier for their repair shops. With our national footprint and comprehensive repair products programs in most of the major U.S. markets, we believe we are the only supplier that is able to support the insurance industry in this manner. Our aftermarket product offering is particularly broad with more than 75,000 SKUs. In order to address the multiple needs of our aftermarket customers, we offer our Platinum Plus line of high quality products with lifetime warranties, our Value Line of aftermarket products when cost is the main factor for vehicle repairs, and products certified by independent organizations such as the Certified Automotive Parts Association (CAPA) and NSF International (NSF). We offer other products, including paint and related repair materials (like tape, sandpaper, paint guns and frame racks) so that our customers can purchase these at the same time as they are ordering their automotive repair products.The aftermarket products we distribute are purchased from independent manufacturers located primarily in Taiwan and the U.S. In 2010, we purchased 12% of the aftermarket products we sell from each of two manufacturers. No other suppliers provided more than 7% of our supply of aftermarket products. We believe we are one of the largest customers of each of the ten largest suppliers. We purchased approximately 48% of our aftermarket products directly from manufacturers in Taiwan and other Asian countries. Approximately 52% of our aftermarket products were purchased from locations in the U.S. However, the majority of these products were manufactured in Taiwan and other Asian countries.
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