Copart

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Copart company profile

CEO

Jeffrey Liaw

Employees

21,000

Headquarters

14185 Dallas Parkway, Dallas, TX 75254, US

Sector

Industrials

Industry

Specialty Business Services

IPO date

17 Mar 1994

Stock exchange

NASDAQ

ISIN

US2172041061

Website:copart.com

About the company

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.

Employees

Copart had about 11,900 employees at the end of fiscal year 2026 (31 July 2026), by its annual report. That is 2.6% more than a year before.

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Copart

Institutions such as funds, banks and insurers held 82.5% of Copart's shares on 30 June 2026, 1,099 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

How Copart pays its executives

The chief executive was paid 2.06M USD for fiscal 2026, 0% of it in shares and options.

FY2026 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing

Common questions about Copart