LKQ Corp Declares $0.30 Quarterly Dividend, Payable March 26
LKQ Corp (NASDAQ: LKQ), a leading provider of alternative and specialty parts for vehicles, announced a quarterly cash dividend of $0.30 per share. The dividend is payable March 26, 2026 to shareholders of record on March 12.
LKQ Corp (NASDAQ: LKQ), a leading provider of alternative and specialty parts for vehicles, announced a quarterly cash dividend of $0.30 per share. The dividend is payable March 26, 2026 to shareholders of record on March 12. Read more dividend announcements.
The board of directors approved the dividend on February 17, 2026. The company did not disclose an ex-dividend date in its announcement.
| Dividend Details | Date |
|---|---|
| Amount per share | $0.30 |
| Record Date | March 12, 2026 |
| Payment Date | March 26, 2026 |
| Declaration Date | February 17, 2026 |
Capital Returns in 2025
During 2025, LKQ returned approximately $469 million to shareholders through a combination of dividends and share repurchases. The company distributed $310 million in cash dividends and invested approximately $159 million to repurchase 4.5 million shares of its common stock.
In the fourth quarter of 2025 alone, LKQ distributed $76 million in cash dividends and repurchased 1.3 million shares for approximately $40 million.
Since launching its stock repurchase program in late October 2018, the company has bought back approximately 69.0 million shares for a total of $2.9 billion through December 31, 2025. An aggregate balance of $1.6 billion remains available for potential additional repurchases through October 25, 2026.
Financial Position
As of December 31, 2025, LKQ's balance sheet reflected total debt of $3.7 billion and total leverage of 2.4 times EBITDA, as defined in its credit facility.
Cash flow from operations and free cash flow were $1.1 billion and $0.8 billion, respectively, for the full year of 2025.
2026 Outlook
For 2026, LKQ is projecting operating cash flow of $900 million to $1.1 billion and free cash flow of $700 million to $850 million. The company anticipates organic revenue growth for parts and services of negative 0.5% to positive 1.5%.
Rick Galloway, Senior Vice President and Chief Financial Officer, said operational excellence remains the company's core focus as it drives simplification and productivity in an uncertain demand environment. The 2026 guidance reflects current market conditions and assumes gradual improvement as the year progresses.
The company is also executing a restructuring plan expected to result in charges of approximately $60 million to $70 million and generate more than $50 million in annualized cost savings, with over half of these savings anticipated to be realized in 2026.