CPRT · NASDAQ · Specialty Business Services

Copart (CPRT)

Runs online vehicle auctions and the physical logistics behind salvage remarketing.

$28.80
After hours−0.00 (−0.02%)
At close$28.80(−0.38%)
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Copart, Inc.CPRT
Industrials

Runs online auctions and remarketing for salvage, total-loss, used, and wholesale vehicles, earning mainly transaction and related service fees. Insurance companies supply most vehicles, while a physical yard network handles towing, storage, titles, and release for a global buyer base.

Runs VB3, an online marketplace for damaged, recovered-theft, used, and wholesale vehicles, connecting insurance companies and other sellers with dismantlers, rebuilders, dealers, exporters, and public buyers. Auction and transaction fees drive the agency model; purchased-vehicle resale is used chiefly in the UK and parts of Europe.

Handles towing, storage, title processing, vehicle imaging, sales, and post-auction logistics across a facility network spanning the US and ten international markets. Cash For Cars sources vehicles from consumers, National Powersport Auctions covers motorcycles and other powersports, Purple Wave auctions construction and agricultural equipment, and UK recycling operations dismantle vehicles for reusable parts.

Most processed vehicles come from insurers, while the US produces most revenue. Vehicle supply, yard capacity, catastrophe response, title and buyer-licensing rules, zoning approvals, and environmental requirements shape operations.

Company facts

CEOA. Jayson Adair
ListedMar 17, 1994
ExchangeNASDAQ
HeadquartersDallas, TX
CountryUnited States
Employees11,600
CIK0000900075
ISINUS2172041061

Market cap$26.77B
EPS (ttm)$1.55
P/E (ttm)18.65
ROE15.9%
P/B2.94
P/S5.74
Dividend yieldDiv yield
Beta0.17vs XLI 0.10

Price target$39.00+35.2%Average of 22 analysts
ConsensusBuy12 of 22 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 17, 2026HSBCDowngrade
Rating: Buy
Rating: Hold
Sep 16, 2026HSBCDowngrade
Rating: BuyTarget: $62
Rating: HoldTarget: $36
Sep 11, 2026RBC CapitalInitiate
Rating:
Rating: Sector Perform
Sep 11, 2026Raymond JamesInitiate
Rating:
Rating: Outperform
Sep 11, 2026WedbushDowngrade
Rating:
Rating: Neutral

Next report
Nov 19, 26
in 58 days
EPS estimate
$0.41
Revenue estimate
$1.18B
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported$0.40$0.42$0.41$0.41$0.36$0.43$0.35Pending
Estimate$0.37$0.42$0.36$0.39$0.39$0.41$0.38$0.41
Surprise+7.6%+0.8%+13.5%+5.2%−8.3%+5.8%−8.7%

RevenueReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported$1.16B$1.21B$1.13B$1.16B$1.12B$1.24B$1.15BPending
Estimate$1.13B$1.23B$1.14B$1.18B$1.15B$1.19B$1.14B$1.18B
Surprise+2.8%−1.4%−1.0%−2.0%−2.4%+3.5%+0.8%
Estimate$0.41
ReportedDue Nov 19, 2026
Estimate$1.18B
ReportedDue Nov 19, 2026
View details

Debt to equity1.00%
Current ratio791.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$1.15B$1.16B$1.21B$1.13B$1.16B$1.12B$1.24B$1.15B
Net income$362.1M$387.4M$406.6M$396.4M$403.7M$350.7M$402.4M$327.4M
Net margin31.6%33.3%33.6%35.2%35.0%31.3%32.5%28.4%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$406.4M$426.2M$451.5M$412.6M$430.7M$388.7M$464.3M$368.9M
YoY growth+2.8%+12.2%+3.3%+14.8%+6.0%−8.8%+2.8%−10.6%

Balance sheet, Jul 31, 2026Cash & short-term investments $4.49B · Total debt $88.4M · Total assets $10.03B · Shareholders' equity $9.10B

Revenue
$1.15B
Operating income
$368.9M
Net income
$327.4M
View details

No dividends on record.

Institutions85.33%789.98M shares
1,096 holders · as of Jun 30, 2026
Insiders0.10%952.0K shares
6 holders · as of Aug 17, 2026
Other14.57%134.88M shares
remainder

925.81M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.31%67.72Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.19%57.33Mas of Jun 30, 2026
State Street CorpInstitution
4.19%38.83Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.18%38.74Mas of Jun 30, 2026
Invesco Ltd.Institution
3.57%33.02Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 28, 2026Jeffrey Liawofficer: Chief Executive Officer−27,745$30.49
Jul 13, 2026Daniel J. Englanderdirector−80,000$27.55
Apr 15, 2026Jeffrey Liawofficer: Chief Executive Officer−26,213$33.18
Jan 15, 2026Jeffrey Liawofficer: Chief Executive Officer−25,137$40.17
Nov 25, 2025Thomas N. Tryforosdirector−100,000$39.07
View details

  • RB Global

    Copart's only head-to-head rival in salvage auctions, via its IAA brand.

  • OPENLANE

    Leading digital wholesale marketplace for off-lease, fleet, and dealer vehicles.

  • LKQ

    World's largest recycled auto-parts distributor and major salvage auction buyer.

  • ACV Auctions

    Pure-play digital wholesale marketplace with AI inspection and valuation data.

CompareAfter hours

CompanyPriceChange
Copart$28.80−0.02%$26.77B18.717.65.7+2.4%
RB Global$83.45+0.12%$15.59B35.918.03.2+9.6%
OPENLANE$34.63+0.09%$3.68B21.91.8+15.1%
LKQ$23.57−0.08%$5.87B12.98.10.4−6.4%
ACV Auctions$10.45−0.10%$1.83B37.92.3+10.5%
Median24.419.92.0+10.0%