Corporate Information We were incorporated in California in 1982, became a public company in 1994, and were reincorporated in Delaware in January 2012. Our principal executive offices are located at 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254 and our telephone number is (972) 391-5000. Our website is www.copart.com. The contents of our website are not incorporated by reference into this Form 10-K. We provide free of charge, through a link on our website, access to our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as well as amendments to those reports, as soon as reasonably practical after the reports are electronically filed with, or furnished to, the SEC. Copart®, BID4U®, CI & Design®, DRIVE Auto Auctions™, 1-800 CAR BUYER®, CA$HFORCARS.COM®, COPART & DESIGN®, VB3 & DESIGN®, VB3®, National Powersports Auctions™, NPA™, Purple Wave Auction™, and CrashedToys.com® are trademarks of Copart, Inc.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 4.6B | - | - | - | - | - |
| Net Income | 1.6B | 1.6B | 1.4B | 1.2B | 1.1B | 936M |
| EPS | $1.59 | $1.59 | $1.40 | $1.28 | $1.13 | $0.98 |
| Free Cash Flow | 1.4B | 1.2B | 962M | 848M | 839M | 528M |
| ROIC | 28.6% | 31.8% | 29.6% | 32.4% | 34.2% | 32.7% |
| Gross Margin | 58.5% | - | - | - | - | - |
| Debt/Equity | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.12 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 1.7B | 1.7B | 1.6B | 1.5B | 1.4B | 1.1B |
| Operating Margin | 36.5% | - | - | - | - | - |
| ROE | 15.9% | 18.6% | 18.1% | 20.7% | 23.6% | 26.5% |
| Shares Outstanding | 963M | 976M | 974M | 967M | 965M | 961M |
COPART INC passes 7 of 9 quality checks, indicating strong fundamentals.
COPART INC trades at 20.9x trailing earnings, compared to its 15-year median P/E of 31.4x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 26.4x vs a median of 51.1x. The company's 5-year average ROIC is 32.1%. At current prices, the estimated annualized return to fair value is +27.7%.
COPART INC (CPRT) has a current P/E ratio of 20.9, compared to its historical median P/E of 31.4. The stock is currently considered Cheap based on its historical valuation range.
COPART INC (CPRT) has a 5-year average return on invested capital (ROIC) of 32.1%. This indicates strong capital allocation and a potential competitive advantage.
COPART INC (CPRT) has a market capitalization of $32.0B. It is classified as a large-cap stock.
COPART INC (CPRT) does not currently pay a regular dividend.
Based on historical P/E analysis, COPART INC (CPRT) appears cheap. The current P/E of 20.9 is 33% below its historical median of 31.4. The estimated fair value CAGR (P/E method) is 18.3%.
COPART INC (CPRT) operates in the Retail-Auto Dealers & Gasoline Stations industry, within the Consumer Cyclical sector.
COPART INC (CPRT) generated $1.2 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
COPART INC (CPRT) has a debt-to-equity ratio of 0.01. This indicates a conservatively financed balance sheet.
COPART INC (CPRT) reported earnings per share (EPS) of $1.59 in its most recent fiscal year.
COPART INC (CPRT) has a return on equity (ROE) of 18.6%. This indicates the company generates strong returns for shareholders.
The Ledger Terminal provides 17 years of financial data for COPART INC (CPRT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
COPART INC (CPRT) has a book value per share of $9.41, based on its most recent annual SEC filing.