analyzeportfolio
Nasdaq · Consumer Discretionary

COPART INC (CPRT)

As-reported financials and SEC filings for COPART INC. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About COPART INC

Copart Inc operates an online vehicle auction and remarketing platform serving primarily insurance companies, dealers, individuals, and other vehicle sellers. The company facilitates the sale of damaged, total loss, or recovered stolen vehicles to licensed dismantlers, rebuilders, dealers, exporters, and the general public across multiple countries. Copart generates revenue mainly from auction fees, vehicle processing services, and, in some regions, from purchasing and reselling vehicles directly.

Snapshot

Revenue
$4.65B
Revenue growth (YoY)
9.7%
Net income
$1.55B
Diluted EPS
$1.59
Gross margin
Operating margin
36.5%
Net margin
33.4%
FCF margin
26.5%
ROE
16.9%
net income / fiscal-year-end equity
P/E
20.2×
trailing when available, otherwise FY EPS
Market cap
$30.06B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended July 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Copart

  • Revenue grew 9.7% to $4.6B in FY2025, in line with the 9.5% the year before.
  • Operating margin is 36.5% in FY2025, -5.7 pp against 42.2% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $1.2B, up 2.1% from Q3 FY2025.
  • Free cash flow was $1.2B in FY2025, 26.5% of revenue.
  • Net income rose 13.9% to $1.6B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Copart’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin36.5%
99th percentile of 348
Net margin33.4%
99th percentile of 377
FCF margin26.5%
99th percentile of 351
Revenue growth (YoY)+9.7%
76th percentile of 394
ROE16.9%
71st percentile of 343
P/E20.2×
56th percentile of 249
Short interest4.77d
61st percentile of 401

Copart’s operating margin of 36.5% ranks in the 99th percentile of the 348 Consumer Discretionary companies reporting it. Copart’s net margin of 33.4% ranks in the 99th percentile of the 377 Consumer Discretionary companies reporting it. Copart’s FCF margin of 26.5% ranks in the 99th percentile of the 351 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $3.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
6
+7 quant / multi-strat
Initiated / added
9
1 new, 8 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$1.39B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$395.2M14.0MAdded
Two Sigma InvestmentsquantQ2 2026$353.8M12.5MAdded
Akre Capital ManagementQ2 2026$225.1M8.0MReduced
Millennium ManagementquantQ2 2026$131.2M4.7MAdded
Citadel AdvisorsquantQ2 2026$128.0M4.5MAdded
Point72 Asset ManagementquantQ2 2026$48.6M1.7MAdded
D. E. ShawquantQ2 2026$38.8M1.4MAdded
Gotham Asset ManagementQ2 2026$37.8M1.3MAdded
Wedgewood PartnersQ2 2026$12.6M447.7KReduced
Renaissance TechnologiesquantQ2 2026$11.4M405.3KReduced
Yacktman Asset ManagementQ2 2026$3.9M136.7KAdded
Bridgewater AssociatesQ2 2026$1.0M37.0KNew
Giverny CapitalQ2 2026$233,2448.3KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
2
$3.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-28
filed 2026-07-30
Liaw JeffreyChief Executive OfficerSell27.7K$30.49$846K
2026-07-13
filed 2026-07-15
Englander Daniel JDirectorSell80.0K$27.55$2.2M
2026-04-15
filed 2026-04-17
Liaw JeffreyChief Executive OfficerSell23.9K$33.18$792K
2026-04-15
filed 2026-04-17
Liaw JeffreyChief Executive OfficerSell2.3K$33.17$78K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
45.1M
settled 2026-08-14
Change vs prior
+7.0%
vs previous settlement
Days to cover
4.77
at avg daily volume
Avg daily volume
9.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1445.1M+7.0%4.77
2026-07-3142.1M+10.9%3.35
2026-07-1538.0M-3.5%3.24
2026-06-3039.4M+0.2%2.44
2026-06-1539.3M+15.5%3.89
2026-05-2934.0M-0.3%2.67
2026-05-1534.1M+4.2%5.18
2026-04-3032.8M+8.0%3.91

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.65B$4.24B$3.87B$3.50B$2.69B
Gross profit
Operating income$1.70B$1.57B$1.49B$1.37B$1.14B
Net income$1.55B$1.36B$1.24B$1.09B$936.5M
Diluted EPS$1.59$1.40$1.28$1.13$0.97

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$2.78B$1.51B$957.4M$1.38B$1.05B
Current assets$5.75B$4.42B$3.26B$2.20B$1.70B
Total assets$10.09B$8.43B$6.74B$5.31B$4.56B
Current liabilities$683.3M$628.6M$492.8M$440.9M$421.0M
Long-term debt$0$10.9M$2.0M$397.6M
Total liabilities$883.4M$879.2M$750.4M$683.3M$1.03B
Total equity$9.19B$7.52B$5.99B$4.63B$3.53B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.80B$1.47B$1.36B$1.18B$990.9M
Capital expenditure$569.0M$511.0M$516.6M$337.4M$463.0M
Free cash flow$1.23B$961.6M$847.6M$839.2M$527.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$1.24B2.1%$402.4M$0.43
Q2 FY2026$1.12B-3.6%$350.7M$0.36
Q1 FY2026$1.16B0.7%$403.7M$0.41
Q4 FY2025$1.13B5.2%$396.4M$0.41
Q3 FY2025$1.21B7.5%$406.6M$0.42
Q2 FY2025$1.16B14.0%$387.4M$0.40
Q1 FY2025$1.15B12.4%$362.1M$0.37
Q4 FY2024$1.07B7.2%$322.6M$0.33

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Auto Dealers & Gasoline Stations
Latest annual periodFY2025 (ended July 31, 2025)
Latest reported quarterQ3 FY2026 (ended April 30, 2026)
Oldest indexed filing2007
SEC CIK900075

Selected SEC filings

10-K2025-09-26
View on EDGAR →
10-K2024-09-30
View on EDGAR →
10-Q2026-05-29
View on EDGAR →
10-Q2026-03-03
View on EDGAR →
10-Q2025-11-24
View on EDGAR →
10-Q2025-06-03
View on EDGAR →
8-K/A2026-08-19
View on EDGAR →
8-K2026-08-18
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

Monitor CPRT

Get an alert when Copart files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor CPRT free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.