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Copart

CPRT

Copart is a leading global provider of online vehicle auctions and remarketing services, facilitating the sale of salvage and non-salvage vehicles through its proprietary virtual bidding technology.

Market cap
$26.23B-43.5%
Revenue$4.6B+1.1%
Net income$1.6B+5.0%
Free cash flow$1.3B+13.4%
EPS (diluted)$1.61+5.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 3, 2026 (in 2 months)
Revenue estimate$1.1B
EPS estimate$0.39

Financials

Q3 2026

Income statement

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Revenue$1.2B+2.1%
Operating income$464.3M+2.8%
Net income$402.4M-1.0%
EPS (diluted)$0.43+2.4%

Balance sheet

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Cash & equivalents$3.4B+41.7%
Total equity$8.8B-0.1%
Total assets$9.6B-0.2%

Cash flow

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Operating cash flow$584.2M-16.6%
CapEx$80.9M-36.8%
Free cash flow$503.3M-12.2%

Valuation & ratios

Valuation

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Market cap$26.23B-43.5%
P/E16.9×-15.0×
P/S5.7×-4.6×

Profitability

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Operating margin36.6%+0.8pp
Net margin33.5%+1.3pp
FCF margin28.9%+3.1pp

Returns & leverage

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Return on equity17.7%-0.8pp
Current ratio7.6×-0.5×

Segments

By product

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Service$1.1B+2.1%

Competitors

Profile

Copart is a leading global provider of online vehicle auctions and remarketing services, facilitating the sale of salvage and non-salvage vehicles through its proprietary virtual bidding technology. The company serves as a critical link in the automotive circular economy by enabling the recycling, dismantling, and rebuilding of vehicles and parts. Its core value proposition lies in its global buyer network and comprehensive service suite that maximizes returns for vehicle sellers while minimizing administrative burdens.

Competitive position

A dominant global leader in the salvage vehicle auction market, distinguished by its proprietary VB3 virtual bidding technology and an extensive physical network of storage facilities.

GeographiesUnited States, United Kingdom, Germany, Brazil, Canada, United Arab Emirates, Spain
Customer segmentsInsurance carriers, Automotive dismantlers, Used car dealers
Business modelMarketplace, Service-based fees, Inventory-based resale
SuppliersThird-party vehicle transport companies, Information technology infrastructure providers, Real estate for storage facilities, State and local DMVs for title processing
CustomersLicensed vehicle dismantlers, Vehicle rebuilders and repairers, Used vehicle dealers, International vehicle exporters, General public buyers
Listed1994
Employees10.2K
CEOJeffrey Liaw
Websitecopart.com
FilingsSEC EDGAR

Questions, answered.

What is Copart's market cap?
Copart (CPRT) has a market capitalization of $26.2B and trades on NASDAQ.
What is Copart's revenue and profitability?
Copart generated $4.6B in trailing twelve-month revenue with net income of $1.6B, representing a net margin of 33.5%. Gross margin stands at 88.6%, with free cash flow of $1.3B. These figures are based on the Q2 2026 filing.
Who are Copart's competitors?
Copart's key competitors include Carvana, ACV Auctions Inc., LKQ Corporation, and others. These companies compete in similar markets and product categories.
Who does Copart partner with?
Copart's notable partners include eBay.
What subsidiaries does Copart have?
Copart's subsidiaries include National Powersport Auctions, Purple Wave Inc., Green Parts Specialist.
Where is Copart headquartered?
Copart is headquartered in United States of America and employs approximately 10,200 people. It has been publicly traded since 1994.