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CPRT US​

Copart Inc(CPRT US)

$29.00-0.090.31%Ext:$28.98-0.020.07%(Market Closed · 23:56:18 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Copart Inc — Company Profile

Copart, Inc. stands as a prominent global provider of online vehicle auctions and comprehensive vehicle remarketing services. The company extends its operations across numerous international markets, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. At its core, Copart enables the buying and selling of vehicles over the internet through its sophisticated "virtual bidding" online auction platform. Its extensive range of services supports the entire vehicle disposition process, encompassing aspects such as direct online access for sellers, expert salvage and general vehicle valuation, end-of-life vehicle handling, logistics and transportation management, and dedicated vehicle inspection facilities. Additional offerings include on-demand reporting, efficient title processing and express services, loan payoff assistance, adaptable vehicle processing programs, and direct "Buy It Now" purchase options, alongside specialized services for dealerships. Beyond its primary auction site, Copart manages several direct vehicle acquisition and sales platforms, such as BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie. Furthermore, its Copart Recycling service offers the public an avenue to procure individual parts from salvaged and end-of-life automobiles. The company is also at the forefront of technological innovation within its field. Its proprietary Copart 360 system generates detailed, 360-degree interactive views of both the interiors and exteriors of cars, trucks, and vans. Another key tool, IntelliSeller, is an automated platform that leverages Copart's vast vehicle and sales data to assist sellers in making informed decisions about their auction strategies. Expanding its scope, Copart also provides remarketing services for wholesale construction, agricultural, and fleet equipment through its Purple Wave Inc. subsidiary, which conducts no-reserve online auctions. Additionally, it handles the remarketing of wholesale powersport vehicles via both live and online auction formats. Copart serves a diverse client base, including licensed vehicle dismantlers, rebuilders, repair professionals, used vehicle dealers, exporters, and members of the general public. Established in 1982, Copart, Inc. is headquartered in Dallas, Texas.

Sector
Industrials
Industry
Specialty Business Services
Exchange
UQ
CEO
Jeffrey Liaw
Headquarters
Dallas, TX, US
IPO Date
Mar 17, 1994
Employees
21,000
Website
www.copart.com

Key Metrics

Price
$26.88
Market Cap
$24.89B
Revenue (TTM)
$4.67B
Net Income (TTM)
$1.48B
EPS (TTM)
1.56
P/E (TTM)
16.77
P/B (TTM)
2.74
Dividend Yield
0.00%
ROE (TTM)
16.32%
ROA (TTM)
14.80%
Operating Margin
35.42%
Beta
0.35

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Copart, Inc. stands as a prominent global provider of online vehicle auctions and comprehensive vehicle remarketing services. The company extends its operations across numerous international markets, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. At its core, Copart enables the buying and selling of vehicles over the internet through its sophisticated "virtual bidding" online auction platform. Its extensive range of services supports the entire vehicle disposition process, encompassing aspects such as direct online access for sellers, expert salvage and general vehicle valuation, end-of-life vehicle handling, logistics and transportation management, and dedicated vehicle inspection facilities. Additional offerings include on-demand reporting, efficient title processing and express services, loan payoff assistance, adaptable vehicle processing programs, and direct "Buy It Now" purchase options, alongside specialized services for dealerships. Beyond its primary auction site, Copart manages several direct vehicle acquisition and sales platforms, such as BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie. Furthermore, its Copart Recycling service offers the public an avenue to procure individual parts from salvaged and end-of-life automobiles. The company is also at the forefront of technological innovation within its field. Its proprietary Copart 360 system generates detailed, 360-degree interactive views of both the interiors and exteriors of cars, trucks, and vans. Another key tool, IntelliSeller, is an automated platform that leverages Copart's vast vehicle and sales data to assist sellers in making informed decisions about their auction strategies. Expanding its scope, Copart also provides remarketing services for wholesale construction, agricultural, and fleet equipment through its Purple Wave Inc. subsidiary, which conducts no-reserve online auctions. Additionally, it handles the remarketing of wholesale powersport vehicles via both live and online auction formats. Copart serves a diverse client base, including licensed vehicle dismantlers, rebuilders, repair professionals, used vehicle dealers, exporters, and members of the general public. Established in 1982, Copart, Inc. is headquartered in Dallas, Texas.

Website
www.copart.com
Location
Dallas, TX, US
Phone972 391 5000
Employees21,000
CEOJeffrey Liaw
Sector
Industrials
IndustrySpecialty Business Services
IPO DateMar 17, 1994

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Latest Documents

SEC Filings(1.4K)

Expand
  • ARSAnnual report to security holders22 Oct
  • DEFA14ADefinitive additional materials22 Oct
  • DEF 14ADefinitive proxy statement22 Oct
  • 4Statement of changes in beneficial ownership21 Oct
  • S-8Registration statement (employee benefit plan)20 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers16 Oct
  • 8-KCopart Completes Acquisition of ACV16 Oct
  • SC TO-T/ATender offer statement (third-party, amendment)16 Oct
  • 144Morefield Diane M15 Oct
  • SC TO-T/ATender offer statement (third-party, amendment)14 Oct
  • SC TO-T/ATender offer statement (third-party, amendment)8 Oct
  • SC TO-T/ATender offer statement (third-party, amendment)1 Oct
  • SC TO-T/ATender offer statement (third-party, amendment)29 Sep
  • 10-KFY 2026ended 31 Jul 202628 Sep
  • SC TO-TTender offer statement (third-party)17 Sep
  • SC TO-CTender offer statement (communication)10 Sep
  • SC TO-CTender offer statement (communication)10 Sep
  • 8-KCopart to Acquire ACV, Expanding Position Across the Vehicle Remarketing Ecosystem10 Sep
  • 8-KResults of Operations and Financial Condition10 Sep

News

  • Copart, Inc. (CPRT) Stock Slides as Market Rises: Facts to Know Before You Trade19 Oct
  • Frank Rimerman Advisors LLC Purchases 21,777 Shares of Copart, Inc. $CPRT19 Oct
  • Copart Completes Acquisition of ACV16 Oct
  • Copart Announces Expiration of Hart-Scott-Rodino Act Waiting Period to Acquire ACV14 Oct
  • Copart, Inc. $CPRT Shares Acquired by NorthCrest Asset Manangement LLC14 Oct
  • Farther Finance Advisors LLC Buys 79,312 Shares of Copart, Inc. $CPRT13 Oct
  • Copart: Cyclical U.S. Weakness Masks Long-Term Growth And Valuation Upside8 Oct
  • Copart Announces Extension of Tender Offer to Acquire ACV8 Oct
  • Copart, Inc. $CPRT Shares Bought by MassMutual Private Wealth & Trust FSB6 Oct
  • Copart, Inc. (CPRT) Exceeds Market Returns: Some Facts to Consider5 Oct
  • Copart, Inc. $CPRT Stock Bought by Rockland Trust Co.5 Oct
  • Copart Announces Extension of Tender Offer to Acquire ACV1 Oct
  • ACV Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ACV Auctions Inc. - ACVA30 Sep
  • Copart, Inc. (CPRT) Stock Drops Despite Market Gains: Important Facts to Note25 Sep
  • Corient Private Wealth LP Reduces Stake in Copart, Inc. $CPRT18 Sep
  • Copart Announces Commencement of Tender Offer to Acquire ACV17 Sep
  • This Copart Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday17 Sep
  • The Biggest Risk Is Not Being Risky Enough - Stocks To Buy Now15 Sep
  • NWPG's NFI Empire Advances Project Reborn-001 Toward Auction Benefiting The Brett Boyer Foundation15 Sep
  • ACV Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ACV Auctions Inc. - ACVA14 Sep

Mentions in Filings

  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct
  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct
  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct
  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct
  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct
  • On October 16, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of September 10, 2026 (the “Merger Agreement”), by and among the Registrant, <strong>Copart, Inc.</strong> (“Copart”) and Apple Merger Sub, Inc., a direct, wholly owned subsidiary of Copart (“Merger Sub”), Copart completed its acquisition of the Registrant through a cash tender offer by Merger Sub to acquire all of the Registrant’s outstanding shares of common stock, followed …
    ACV Auctions Inc.Copart Inc·S-8 POS - Post-effective amendment (employee benefit plan)·Q4 26·20 Oct

Key Stats

Trading

Px/Chg 1D$26.88 / -1.23%
Avg Volume9.97M
Beta0.35
Mkt Cap24.89B
FD Mkt Cap30.88B

Float

Shrs Out/Float925.81M / 845.41M
Short Float0.05%
Days to Cover2.44
Stock Repurchased$1.63B

Current Valuation

EV23.09B
EV/EBITDA11.26
EV/Sales4.95
P/B2.74
P/S5.33
FCF Yield5.09%
ROE16.32%
ROA14.80%
Current Ratio7.91

Estimates

P/E16.77
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgNov '22Nov '23Nov '24Nov '25Oct '26
PRICE-BASED RATIOS
Price / Earnings45.6427.9439.1844.9399.3816.77
Price / Sales15.218.7012.5314.4635.015.33
Price / Book Value5.976.588.108.144.292.74
Price / Free Cash Flow57.8236.2957.2163.69112.2719.64
ENTERPRISE VALUE METRICS
Enterprise Value39,308.229,191.347,652.359,876.336,733.623,087.3
Enterprise Value / Sales14.488.3412.3114.1332.654.95
Enterprise Value / EBITDA32.5119.2928.9533.9869.0511.31
Enterprise Value / EBIT33.6321.2332.0638.0976.780.00

Financials

Full Financials
Millions USD5Yr CAGR (%)Jul '22Jul '23Jul '24Jul '25Jul '26
INCOME STATEMENT
Revenue7.4%3,500.93,869.54,236.84,647.04,666.2
Gross Income6.7%1,606.21,737.01,907.32,099.62,083.9
EBITDA7.8%1,513.61,646.31,762.32,111.42,040.5
EBIT—1,375.01,486.61,572.01,895.6-
Net Income8%1,090.11,237.71,363.01,552.41,484.3
EPS (Diluted)8.2%1.131.281.401.591.55
BALANCE SHEET
Cash & ST Inv8.4%1,384.22,364.03,422.24,789.11,907.9
Total Assets17.2%5,308.96,737.98,427.810,090.910,027.8
Total Liabilities7.5%683.3750.4879.2883.4913.9
Total Shareholder Equity18.4%4,625.65,987.47,524.09,187.09,097.3
CASH FLOW
Net Operating Cash Flow8.1%1,176.71,364.21,472.61,799.81,604.5
Cap Ex-0.6%-337.4-516.6-511.0-569.0-337.4
Free Cash Flow10.8%839.2847.6961.61,230.81,267.1

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)29.00
Basic Shares925.81
Market Cap26,848.5
Diluted Shares956.86
Fully Diluted Shares Outstanding956.86
Fully Diluted Market Cap27,748.9
+Consolidated Debt88.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,907.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest16.6
+Pension Liabilities—
Enterprise Value25,045.6

Segment data

Revenue

by Products and services

  • Service85%
  • Product15%

Revenue

by Geography

  • United States100%

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