• LKQ average return on tangible equity for 2023 was 906.5, a 359.8% decline from 2022.
• LKQ average return on tangible equity for 2022 was 197.15, a 18.27% increase from 2021.
• LKQ average return on tangible equity for 2021 was 241.22, a 440.9% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.