GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (MEX:LKQ) » Definitions » Tax Rate %

LKQ (MEX:LKQ) Tax Rate % : 25.00% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is LKQ Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LKQ's Tax Expense for the three months ended in Sep. 2024 was MXN1,240 Mil. LKQ's Pre-Tax Income for the three months ended in Sep. 2024 was MXN4,962 Mil. Therefore, LKQ's Tax Rate % for the quarter that ended in Sep. 2024 was 25.00%.

LKQ Tax Rate % Historical Data

The historical data trend for LKQ's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LKQ Tax Rate % Chart

LKQ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.22 28.19 23.66 25.36 24.78

LKQ Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.81 19.37 30.74 30.83 25.00

LKQ Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

LKQ's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=5194.12/20963.196
=24.78 %

LKQ's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1240.489/4961.956
=25.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LKQ Tax Rate % Related Terms

Thank you for viewing the detailed overview of LKQ's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

LKQ Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (MEX:LKQ) » Definitions » Tax Rate %
Comparable Companies
ALSN ALV MOD BWA APTV GNTX MBLY LEA DORM GT TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XKRX:012330 TSE:5802 NSE:MOTHERSON TSX:MG XTER:CON
Traded in Other Exchanges
LKQ:USA 0JSJ:UK LKQ1:Germany
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
Website
https://www.lkqcorp.com
Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.