Copart, Inc. (CPRT) Stock

About Copart, Inc.

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.

Copart, Inc. is led by CEO Jeffrey Liaw, employs 13,800 people, headquartered in Dallas, US, publicly traded since 1994.

Copart, Inc. (CPRT) stock trades at $30.94 with a market capitalization of $28.64B. The stock is valued at a price-to-earnings (P/E) ratio of 21.03, price-to-book of 3.29, price-to-sales of 6.97. Over the past 52 weeks the stock has ranged between $26.90 and $50.11, and currently trades 38.3% below its 52-week high.

On profitability, Copart, Inc. generates a return on equity (ROE) of 17.13%, above the typical market average, return on capital employed of 18.43%, an operating margin of 36.49%, a net profit margin of 33.76%.

In its most recent fiscal year, Copart, Inc. reported annual revenue of $4.6B, net profit of $1.6B, revenue has compounded at 16.1% a year over the last five years, profit at 17.3% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.01 — a conservative balance sheet with little leverage risk, a current ratio of 8.25, total assets of $10.1B, $2.8B in cash and equivalents.

CPRT has an average daily trading volume of 10,974,247.5 shares, a beta of 1.00.

Official website: www.copart.com