CPRT

Copart
D

CPRT

Arincen79/100B

Copart financials

Yes. Copart earned 1.48B USD of net income over the last twelve months, 31.8% of its revenue. It made a profit in 33 of its 33 fiscal years since 1994.

Revenue (TTM)
4.67B USD
Net income (TTM)
1.48B USD
Free cash flow (TTM)
1.27B USD
Cash and short-term investments
4.49B USD
Total debt
88.37M USD
Shareholders' equity
9.10B USD

Cash, debt and equity as of 31 Jul 2026.

Copart earnings

Next earnings · Q1 FY2027
EPS estimate
0.40 USD
Revenue estimate
1.19B USD
Last quarter · Q4 FY2026
EPS0.35Missed -8.7%Revenue1.15BBeat +0.8%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q1 FY20270.40——-3.12%1.19B——+2.86%
Q4 FY20260.380.35-8.66%-14.63%1.14B1.15B+0.76%+2.43%
Q3 FY20260.410.43+5.83%+2.38%1.19B1.24B+3.54%+2.09%
Q2 FY20260.390.36-8.28%-10.00%1.15B1.12B-2.36%-3.58%
Q1 FY20260.390.41+5.21%+10.81%1.18B1.16B-2.01%+0.72%
Q4 FY20250.360.41+13.48%+24.24%1.14B1.13B-1.03%+5.25%
Q3 FY20250.420.42+0.79%+7.69%1.23B1.21B-1.39%+7.49%

Copart growth and profitability

Full income statement
Revenue (TTM)
4.67B USD
Net income (TTM)
1.48B USD
Gross margin
44.66%
Operating margin
35.42%
Net margin
31.81%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20264.67B+0.41%1.48B-4.39%44.66%35.42%31.81%2.06B-2.22%
FY20254.65B+9.68%1.55B+13.90%45.18%36.51%33.41%2.11B+10.84%
FY20244.24B+9.49%1.36B+10.12%45.02%37.10%32.17%1.90B+11.13%
FY20233.87B+10.53%1.24B+13.54%44.89%38.42%31.99%1.71B+14.55%
FY20223.50B+30.02%1.09B+16.41%45.88%39.28%31.14%1.50B+18.26%

How Copart makes its money

Service3.97B 85.1%
Product696.69M 14.9%
Revenue4.67B 100.0%
Cost of revenue2.58B 55.3%
Gross profit2.08B 44.7%
Selling and administration431.27M 9.2%
Operating income1.65B 35.4%
Tax354.58M 7.6%
Net income1.48B 31.8%

FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Copart revenue breakdown

By product

FY2026
Service: 85.1%Product: 14.9%85.1%Service14.9%Product
SegmentRevenueShare of revenueChange on the year
Service3.97B85.1%+0.0%
Product696.69M14.9%+2.7%

By region

FY2026
100.0%United States
RegionRevenueShare of revenueChange on the year
United States3.39B100.0%-12.1%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20261.60B1.27B
FY20251.80B1.23B
FY20241.47B961.57M
FY20231.36B847.57M
FY20221.18B839.24M
FY2021990.89M527.90M
FY2020915.07M311.40M
FY2019646.65M272.02M
FY2018535.07M238.37M
FY2017492.06M319.88M

Copart financial health

Full balance sheet
Cash and short-term investments
4.49B USD
Total debt
88.37M USD
Net cash
4.40B USD
Free cash flow (TTM)
1.27B USD
Current ratio
7.91
Debt to equity
0.01
Piotroski score
5 / 9
Altman Z-score
22.35

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20264.49B88.37M1.27B
FY20254.79B103.74M1.23B
FY20243.42B118.73M961.57M
FY20232.36B120.45M847.57M
FY20221.38B119.47M839.24M

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY202610.03B913.93M9.10B
FY202510.09B883.41M9.19B
FY20248.43B879.21M7.52B
FY20236.74B750.44M5.99B
FY20225.31B683.27M4.63B
FY20214.56B1.03B3.53B
FY20203.46B965.75M2.49B
FY20192.55B769.24M1.78B
FY20182.31B726.60M1.58B
FY20171.98B883.90M1.10B

Copart valuation

Price to earnings ratio (TTM)
20.42
Forward P/E (FY2027)
19.66
Price to sales (TTM)
6.32
Price to book
3.24
EV / EBITDA (TTM)
12.11

Capital structure

Market capitalization
29.51B USD
+
Total debt
88.37M USD
−
Cash and short-term investments
4.49B USD
=
Enterprise value
25.10B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)17.99————
FY2027 (est.)19.6617.99———
Now (TTM)20.4219.146.323.2412.11
FY202618.6724.505.933.0412.51
FY202528.1628.649.424.7619.46
FY202436.8533.8311.876.6825.66
FY202334.0015.4010.897.0424.10
FY202228.028.088.746.6219.60

Copart against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Rollins, RB Global, UL Solutions, Aramark, BIP Bermuda Holdings I, and Cintas, the US Specialty Business Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median20.4
    8.544.6
  • Gross marginLowest in 5 years44.7%
    44.7%45.9%
    Against its peers: 4 of 7Peers' median 42.5%
  • Operating marginLowest in 5 years35.4%
    35.4%39.3%
    Against its peers: 1 of 7Peers' median 18.5%
  • Net marginBelow its median31.8%
    31.1%33.4%
    Against its peers: 1 of 7Peers' median 10.1%
  • Return on equityLowest in 5 years16.3%
    16.3%23.6%
    Against its peers: 4 of 6Peers' median 25.8%
  • Free cash flow marginHighest in 5 years27.2%
    21.9%27.2%
    Against its peers: 1 of 6Peers' median 15.7%
  • Revenue growthLowest in 5 years0.4%
    0.4%30.0%
    Against its peers: 7 of 7Peers' median 9.0%
  • EPS growthLowest in 5 years-2.5%
    -2.5%16.5%
    Against its peers: 6 of 6Peers' median 11.6%
  • Debt to EBITDALowest in 5 years0.04×
    0.04×0.08×
    Against its peers: 2 of 7Peers' median 1.21×
  • Current ratioAbove its median7.91
    5.008.25
    Against its peers: 1 of 6Peers' median 1.10

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Copart ownership

Institutions
82.52%
Institutional holders
1,099 (-21)
Free float
91.01%

Who owns the shares

Institutions 82.5% Others 17.5%
As of 30 Jun 2026

Shares free to trade

Free float 843.09M shares ·91.0% Closely held 83.29M shares ·9.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 202602861.15K246.59K
Q2 20260249.78K75.99K
Q1 20260249.78K125.07K
Q4 202503455.76K401.91K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2026949.64M956.86M-2.12%
FY2025965.31M977.56M+0.28%
FY2024960.74M974.80M+0.84%
FY2023953.57M966.65M+0.21%
FY2022949.68M964.60M+0.36%

Common questions about Copart's financials

Source: Financial Modeling Prep