LKQ Corporation

Halal Rating :
Comfortable
Last Price $37.2
Market Cap $9.68b
1D Change

-1.79 %

1 Year Change

-27.56 %

Next Earnings Date

Yet to be announced

Company Overview

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.

Revenue Sources

Pass

Based on review of LKQ's business model and revenue streams, the company primarily generates revenue from the sale of automotive parts and related services. The core business activities revolve around the distribution of alternative automotive parts, recycled parts, and remanufactured components. None of these activities involve haram products or services like alcohol, gambling, pork, tobacco, or adult entertainment.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $3.58b $3.27b - - 0.00% 0.00%
June 30, 2024 $3.71b $3.38b - - 0.00% 0.00%
March 31, 2024 $3.7b $3.41b - - 0.00% 0.00%
Dec. 31, 2023 $3.5b $3.22b - - 0.00% 0.00%

Based on the financial data provided for the last four quarters, the company reports zero interest income and zero interest expense. This indicates that interest-bearing activities are not a material part of the company's operations or revenue model.

Operational Ethics

Pass

After reviewing LKQ's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company has global operations, there are no documented material ties to the state of Israel or direct involvement with the Chinese Communist Party that would raise concerns.

Rating Justification

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