
Copart (CPRT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jul 2025Income Metrics
Revenue
1.1B
Gross Profit
509.7M
45.30%
Operating Income
412.6M
36.67%
Net Income
395.3M
35.14%
EPS (Diluted)
$0.41
Balance Sheet Metrics
Total Assets
10.1B
Total Liabilities
883.4M
Shareholders Equity
9.2B
Debt to Equity
0.10
Cash Flow Metrics
Operating Cash Flow
432.3M
Free Cash Flow
350.8M
Revenue & Profitability Trend
Copart Income Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | 4.6B | 4.2B | 3.9B | 3.5B | 2.7B |
Cost of Goods Sold | 2.5B | 2.3B | 2.1B | 1.9B | 1.3B |
Gross Profit | 2.1B | 1.9B | 1.7B | 1.6B | 1.3B |
Gross Margin % | 45.2% | 45.0% | 44.9% | 45.9% | 49.9% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 402.9M | 335.2M | 250.4M | 231.2M | 206.7M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 402.9M | 335.2M | 250.4M | 231.2M | 206.7M |
Operating Income | 1.7B | 1.6B | 1.5B | 1.4B | 1.1B |
Operating Margin % | 36.5% | 37.1% | 38.4% | 39.3% | 42.2% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | 16.7M | 20.2M |
Other Non-Operating Income | 20.0M | -3.1M | 1.8M | -17.4M | 5.7M |
Pre-tax Income | 1.9B | 1.7B | 1.6B | 1.3B | 1.1B |
Income Tax | 347.2M | 352.3M | 316.6M | 250.8M | 185.4M |
Effective Tax Rate % | 18.3% | 20.5% | 20.4% | 18.7% | 16.5% |
Net Income | 1.5B | 1.4B | 1.2B | 1.1B | 936.5M |
Net Margin % | 33.3% | 32.2% | 32.0% | 31.1% | 34.8% |
Key Metrics | |||||
EBITDA | 1.9B | 1.8B | 1.6B | 1.5B | 1.3B |
EPS (Basic) | - | $1.42 | $1.30 | $1.15 | $0.99 |
EPS (Diluted) | - | $1.40 | $1.28 | $1.13 | $0.98 |
Basic Shares Outstanding | - | 960739000 | 953574000 | 949676000 | 945008000 |
Diluted Shares Outstanding | - | 960739000 | 953574000 | 949676000 | 945008000 |
Income Statement Trend
Copart Balance Sheet From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 2.8B | 1.5B | 957.4M | 1.4B | 1.0B |
Short-term Investments | 2.0B | 1.9B | 1.4B | 0 | - |
Accounts Receivable | 201.0M | 173.7M | 157.1M | 137.2M | 97.2M |
Inventory | 39.7M | 43.6M | 40.0M | 58.8M | 45.0M |
Other Current Assets | 46.4M | 33.9M | 26.3M | 18.7M | 14.3M |
Total Current Assets | 5.8B | 4.4B | 3.3B | 2.2B | 1.7B |
Non-Current Assets | |||||
Property, Plant & Equipment | 99.7M | 116.3M | 108.1M | 116.3M | 119.5M |
Goodwill | 1.1B | 1.1B | 851.3M | 858.6M | 757.3M |
Intangible Assets | 62.8M | 74.1M | 62.7M | 54.7M | 45.9M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 57.9M | 129.4M | 65.8M | 47.7M | 41.8M |
Total Non-Current Assets | 4.3B | 4.0B | 3.5B | 3.1B | 2.9B |
Total Assets | 10.1B | 8.4B | 6.7B | 5.3B | 4.6B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 214.4M | 193.3M | 180.0M | 187.2M | 163.2M |
Short-term Debt | 19.9M | 21.3M | 21.5M | 21.8M | 22.5M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 683.3M | 628.6M | 492.8M | 440.9M | 421.0M |
Non-Current Liabilities | |||||
Long-term Debt | 83.9M | 97.4M | 99.0M | 97.7M | 495.6M |
Deferred Tax Liabilities | 80.6M | 93.7M | 89.5M | 80.1M | 64.0M |
Other Non-Current Liabilities | - | 24.5M | - | - | - |
Total Non-Current Liabilities | 200.1M | 250.6M | 257.7M | 242.4M | 611.9M |
Total Liabilities | 883.4M | 879.2M | 750.4M | 683.3M | 1.0B |
Equity | |||||
Common Stock | 97.0K | 96.0K | 96.0K | 96.0K | 24.0K |
Retained Earnings | 8.1B | 6.5B | 5.2B | 4.0B | 2.9B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 9.2B | 7.5B | 6.0B | 4.6B | 3.5B |
Key Metrics | |||||
Total Debt | 103.7M | 118.7M | 120.5M | 119.5M | 518.1M |
Working Capital | 5.1B | 3.8B | 2.8B | 1.8B | 1.3B |
Balance Sheet Composition
Copart Cash Flow Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 1.5B | 1.4B | 1.2B | 1.1B | 936.5M |
Depreciation & Amortization | 217.8M | 190.3M | 159.7M | 138.6M | 123.1M |
Stock-Based Compensation | 38.0M | 35.2M | 39.7M | 39.0M | 40.9M |
Working Capital Changes | 59.1M | -89.6M | -50.2M | -120.4M | -111.9M |
Operating Cash Flow | 1.8B | 1.5B | 1.4B | 1.2B | 980.7M |
Investing Activities | |||||
Capital Expenditures | -537.2M | -506.8M | -482.7M | -333.1M | -460.5M |
Acquisitions | -8.4M | 8.9M | -2.7M | -109.2M | -5.0M |
Investment Purchases | -4.0B | -4.1B | -1.4B | -374.9M | 0 |
Investment Sales | 4.0B | 3.6B | 0 | 374.9M | 0 |
Investing Cash Flow | -587.4M | -940.1M | -1.9B | -442.3M | -465.5M |
Financing Activities | |||||
Share Repurchases | - | - | - | - | 0 |
Dividends Paid | - | - | - | - | - |
Debt Issuance | - | - | - | - | - |
Debt Repayment | -49.0K | -10.8M | -33.9M | -417.3M | -1.1M |
Financing Cash Flow | -5.3M | -28.2M | -28.1M | -420.4M | -7.3M |
Free Cash Flow | 1.2B | 961.6M | 847.6M | 839.2M | 527.9M |
Net Change in Cash | 1.3B | 529.1M | -523.3M | 301.6M | 507.9M |
Cash Flow Trend
Copart Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.37
Forward P/E
25.93
Price to Book
4.75
Price to Sales
9.39
PEG Ratio
1.38
Profitability Ratios
Profit Margin
33.41%
Operating Margin
36.78%
Return on Equity
18.48%
Return on Assets
11.84%
Financial Health
Current Ratio
8.42
Debt to Equity
1.13
Beta
1.03
Per Share Data
EPS (TTM)
$1.59
Book Value per Share
$9.50
Revenue per Share
$4.81
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
cprt | 44.1B | 28.37 | 4.75 | 18.48% | 33.41% | 1.13 |
Cintas | 81.9B | 45.02 | 17.17 | 42.19% | 17.54% | 56.25 |
Global Payments | 21.3B | 14.98 | 0.94 | 6.59% | 14.20% | 71.17 |
Rb Global | 19.9B | 52.98 | 3.77 | 7.39% | 9.68% | 76.45 |
Rentokil Initial plc | 14.5B | 41.92 | 12.64 | 5.13% | 4.46% | 115.51 |
Ul Solutions | 14.5B | 44.57 | 13.27 | 36.55% | 11.08% | 72.33 |
Financial data is updated regularly. All figures are in the company's reporting currency.