
What smart money is saying about LKQ Corporation
3 funds in our archive have pitched LKQ Corporation — most recently Aristotle Small Cap Equity in December 2025.
LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. It serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. The company operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ Corporation was incorporated in 1998 and is headquartered in Chicago, Illinois.
Fund coverage · 3 theses
- Aristotle Small Cap EquityDecember 2025
LKQ Corporation is a leading alternative collision parts provider with scale, distribution, and technology/logistics advantages that reinforce its market position.
Read the full thesis - Palm Valley CMSeptember 2025
LKQ Corporation is the largest distributor of aftermarket and recycled auto parts in the U.S. and Europe, known for its extensive distribution network and resilience in recessionary markets despite recent challenges related to declining repairable claims.
Read the full thesis - Brown Advisory Large Cap Sustainable ValueMarch 2025
LKQ Corporation is an attractive investment opportunity in a leading vehicle parts distribution business undergoing a transformation, focusing on sustainable cash flow through salvage processes and returning significant capital to shareholders.
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