LKQ CORP Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Income from continuing operations | $ | 597 | $ | 669 | $ | 934 | |||||||||||
| Denominator for basic earnings per share—Weighted-average shares outstanding | 257.5 | 263.6 | 267.6 | ||||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| RSUs | 0.3 | 0.2 | 0.5 | ||||||||||||||
| PSUs | — | 0.1 | 0.2 | ||||||||||||||
| Denominator for diluted earnings per share—Adjusted weighted-average shares outstanding | 257.8 | 263.9 | 268.3 | ||||||||||||||
| Basic earnings per share from continuing operations | $ | 2.32 | $ | 2.54 | $ | 3.49 | |||||||||||
Diluted earnings per share from continuing operations (1) | $ | 2.31 | $ | 2.54 | $ | 3.48 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 19, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
| 2023 | Feb 22, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 26, 2021 | |
| 2019 | Feb 27, 2020 | |
| 2018 | Mar 1, 2019 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Feb 27, 2017 | |
| 2015 | Feb 25, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.