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Consolidated Statements of Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 13,651 $ 13,823 $ 13,269
Cost of goods sold 8,386 8,439 7,916
Gross margin 5,265 5,384 5,353
Selling, general and administrative expenses 3,813 3,758 3,697
Restructuring and transaction related expenses 42 135 65
Impairment of goodwill 52 0 0
Depreciation and amortization 365 346 267
Operating income 993 1,145 1,324
Other expense (income):      
Interest expense 224 238 191
Interest income and other income, net (31) (19) (41)
Total other expense, net 193 219 101
Income from continuing operations before provision for income taxes 800 926 1,223
Effective tax rate 204 265 304
Equity in earnings of unconsolidated subsidiaries 1 8 15
Income from continuing operations 597 669 934
Net income from discontinued operations 11 24 4
Net income 608 693 938
Less: net income attributable to continuing noncontrolling interest 1 3 2
Net income attributable to LKQ stockholders $ 607 $ 690 $ 936
Basic earnings per share:      
Income from continuing operations $ 2.32 $ 2.54 $ 3.49
Net income from discontinued operations 0.04 0.09 0.02
Net income 2.36 2.63 3.51
Less: net income attributable to continuing noncontrolling interest 0 0.01 0.01
Net income attributable to LKQ stockholders 2.36 2.62 3.50
Diluted earnings per share:      
Income from continuing operations 2.31 2.54 3.48
Net income from discontinued operations 0.04 0.09 0.02
Net income 2.35 2.63 3.50
Less: net income attributable to continuing noncontrolling interest 0 0.01 0.01
Net income attributable to LKQ stockholders $ 2.35 $ 2.62 $ 3.49
Forward Contracts      
Other expense (income):      
Gains on foreign exchange contracts - acquisition related (1) $ 0 $ 0 $ (49)