CPRT

Copart
D

CPRT

62.670
USD
5.76
(10.12%)
Market Closed
Volume
425,741
EPS
1
Div Yield
-
P/E
45
Market Cap
60,374,698,716
OverviewSignalsIdeasNews
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News

Title: Copart

Sector: Industrials
Industry: Specialty Business Services
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignmentbasis and collects fees based on the vehicle's final selling price.