NASDAQ : CPRT
Copart, Inc. — Financial statements
Industrials · Specialty Business Services · United States
Last price 30.13 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 27.91B
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Financial statements
Copart, Inc. (CPRT) reported revenue of 4.67B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.67B | 4.67B | 4.65B | 4.24B | 3.87B | 3.50B |
| Cost of Revenue | 2.55B | 2.55B | 2.51B | 2.33B | 2.13B | 1.89B |
| Gross Profit | 2.11B | 2.11B | 2.14B | 1.91B | 1.74B | 1.61B |
| Selling, General & Admin | 460.78M | 460.78M | 438.15M | 335.23M | 250.42M | 231.22M |
| Operating Expenses | 460.78M | 460.78M | 438.15M | 335.23M | 250.42M | 231.22M |
| Operating Income | 1.65B | 1.65B | 1.70B | 1.57B | 1.49B | 1.37B |
| Interest Expense | -16.69M | |||||
| Interest & Investment Income | 181.92M | 181.92M | 178.91M | 145.67M | 65.93M | |
| Earnings From Equity Investments | -326.00K | -326.00K | 149.00K | -2.24M | -5.35M | -284.00K |
| Currency Exchange Gain (Loss) | -1.25M | |||||
| Other Non Operating Income (Expenses) | 1.92M | 1.92M | 6.08M | -3.24M | 5.33M | |
| EBT Excluding Unusual Items | 1.84B | 1.84B | 1.88B | 1.71B | 1.55B | 1.36B |
| Merger & Restructuring Charges | -1.20M | |||||
| Gain (Loss) on Sale of Assets | -1.13M | -1.13M | 13.73M | 2.39M | 1.85M | 939.00K |
| Other Unusual Items | -16.76M | |||||
| Pretax Income | 1.83B | 1.83B | 1.90B | 1.71B | 1.55B | 1.34B |
| Income Tax Expense | 354.58M | 354.58M | 347.22M | 352.25M | 316.59M | 250.82M |
| Earnings From Continuing Operations | 1.48B | 1.48B | 1.55B | 1.36B | 1.24B | 1.09B |
| Minority Interest in Earnings | 3.87M | 3.87M | 4.09M | 673.00K | ||
| Net Income | 1.48B | 1.48B | 1.55B | 1.36B | 1.24B | 1.09B |
| Net Income to Common | 1.48B | 1.48B | 1.55B | 1.36B | 1.24B | 1.09B |
| Shares Outstanding (Basic) | 949.64M | 949.64M | 965.31M | 960.74M | 953.57M | 949.68M |
| Shares Outstanding (Diluted) | 956.86M | 956.86M | 977.56M | 974.80M | 966.65M | 964.60M |
| EPS (Basic) | 1.56 | 1.56 | 1.61 | 1.42 | 1.30 | 1.15 |
| EPS (Diluted) | 1.55 | 1.55 | 1.59 | 1.40 | 1.28 | 1.13 |
| Free Cash Flow | 1.27B | 1.27B | 1.23B | 961.57M | 847.57M | 839.24M |
| Free Cash Flow Per Share | 1.32 | 1.32 | 1.26 | 0.99 | 0.88 | 0.87 |
| Gross Margin | 45.29% | 45.29% | 45.97% | 45.02% | 44.89% | 45.88% |
| Operating Margin | 35.42% | 35.42% | 36.54% | 37.10% | 38.42% | 39.27% |
| Profit Margin | 31.81% | 31.81% | 33.41% | 32.17% | 31.99% | 31.14% |
| Free Cash Flow Margin | 27.16% | 27.16% | 26.48% | 22.70% | 21.90% | 23.97% |
| EBITDA | 1.87B | 1.87B | 1.90B | 1.75B | 1.64B | 1.50B |
| EBITDA Margin | 40.00% | 40.00% | 40.90% | 41.38% | 42.35% | 42.95% |
| D&A For EBITDA | 213.67M | 213.67M | 202.85M | 181.16M | 152.30M | 128.80M |
| EBIT | 1.65B | 1.65B | 1.70B | 1.57B | 1.49B | 1.37B |
| EBIT Margin | 35.42% | 35.42% | 36.54% | 37.10% | 38.42% | 39.27% |
| Effective Tax Rate | 19.32% | 19.32% | 18.32% | 20.54% | 20.37% | 18.70% |
| Revenue as Reported | 4.67B | 4.67B | 4.65B | 4.24B | 3.87B | 3.50B |
| Advertising Expenses | 38.80M | 38.80M | 33.60M | 26.10M | 17.80M | 15.40M |
Balance sheet
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.91B | 1.91B | 2.78B | 1.51B | 957.39M | 1.38B |
| Short-Term Investments | 2.58B | 2.58B | 2.01B | 1.91B | 1.41B | |
| Cash & Short-Term Investments | 4.49B | 4.49B | 4.79B | 3.42B | 2.36B | 1.38B |
| Accounts Receivable | 212.16M | 212.16M | 188.02M | 161.12M | 148.44M | 130.67M |
| Other Receivables | 87.71M | 87.71M | 34.62M | 25.95M | 22.91M | 57.14M |
| Receivables | 299.87M | 299.87M | 222.64M | 187.07M | 171.35M | 187.81M |
| Inventory | 51.38M | 51.38M | 39.66M | 43.64M | 39.97M | 58.79M |
| Prepaid Expenses | 44.96M | 44.96M | 46.36M | 33.87M | 26.31M | 18.73M |
| Other Current Assets | 682.18M | 682.18M | 656.89M | 731.44M | 660.99M | 552.89M |
| Total Current Assets | 5.57B | 5.57B | 5.75B | 4.42B | 3.26B | 2.20B |
| Property, Plant & Equipment | 3.78B | 3.78B | 3.66B | 3.26B | 2.92B | 2.58B |
| Goodwill | 511.30M | 511.30M | 517.78M | 513.91M | 394.29M | 401.95M |
| Other Intangible Assets | 88.79M | 88.79M | 101.26M | 111.09M | 92.58M | 80.40M |
| Other Long-Term Assets | 80.89M | 80.89M | 57.86M | 129.44M | 65.81M | 47.71M |
| Total Assets | 10.03B | 10.03B | 10.09B | 8.43B | 6.74B | 5.31B |
| Accounts Payable | 240.50M | 240.50M | 214.40M | 193.33M | 180.02M | 187.17M |
| Accrued Expenses | 219.13M | 219.13M | 207.80M | 168.90M | 122.32M | 89.93M |
| Current Portion of Leases | 15.16M | 15.16M | 19.87M | 21.30M | 21.47M | 21.79M |
| Current Income Taxes Payable | 21.44M | 21.44M | 41.14M | 60.99M | 4.37M | |
| Current Unearned Revenue | 32.47M | 32.47M | 30.44M | 28.12M | 26.12M | 20.06M |
| Other Current Liabilities | 175.05M | 175.05M | 169.63M | 155.91M | 138.48M | 121.93M |
| Total Current Liabilities | 703.74M | 703.74M | 683.28M | 628.57M | 492.77M | 440.89M |
| Long-Term Debt | 10.90M | 2.00M | ||||
| Long-Term Leases | 73.20M | 73.20M | 83.87M | 97.43M | 88.08M | 95.68M |
| Long-Term Deferred Tax Liabilities | 127.92M | 127.92M | 80.62M | 93.65M | 89.49M | 80.06M |
| Other Long-Term Liabilities | 9.07M | 9.07M | 35.63M | 59.56M | 69.19M | 64.64M |
| Total Liabilities | 913.93M | 913.93M | 883.41M | 879.21M | 750.44M | 683.26M |
| Common Stock | 93.00K | 93.00K | 97.00K | 96.00K | 96.00K | 96.00K |
| Additional Paid-In Capital | 1.23B | 1.23B | 1.21B | 1.12B | 938.91M | 838.46M |
| Retained Earnings | 7.98B | 7.98B | 8.09B | 6.55B | 5.19B | 3.96B |
| Comprehensive Income & Other | -109.78M | -109.78M | -120.28M | -142.97M | -141.01M | -169.37M |
| Total Common Equity | 9.10B | 9.10B | 9.19B | 7.52B | 5.99B | 4.63B |
| Minority Interest | 16.59M | 16.59M | 20.46M | 24.54M | ||
| Shareholders' Equity | 9.11B | 9.11B | 9.21B | 7.55B | 5.99B | 4.63B |
| Total Liabilities & Equity | 10.03B | 10.03B | 10.09B | 8.43B | 6.74B | 5.31B |
| Total Debt | 88.37M | 88.37M | 103.74M | 118.73M | 120.45M | 119.47M |
| Net Cash (Debt) | 4.40B | 4.40B | 4.69B | 3.30B | 2.24B | 1.26B |
| Net Cash Per Share | 4.60 | 4.60 | 4.79 | 3.39 | 2.32 | 1.31 |
| Filing Date Shares Outstanding | 926.33M | 926.33M | 967.73M | 963.29M | 957.36M | 952.23M |
| Total Common Shares Outstanding | 926.30M | 926.30M | 967.48M | 962.97M | 957.34M | 952.16M |
| Working Capital | 4.86B | 4.86B | 5.07B | 3.79B | 2.77B | 1.76B |
| Book Value Per Share | 9.82 | 9.82 | 9.50 | 7.81 | 6.25 | 4.86 |
| Tangible Book Value | 8.50B | 8.50B | 8.57B | 6.90B | 5.50B | 4.14B |
| Tangible Book Value Per Share | 9.17 | 9.17 | 8.86 | 7.16 | 5.75 | 4.35 |
| Land | 2.50B | 2.50B | 2.39B | 2.03B | 1.81B | 1.53B |
| Buildings | 1.88B | 1.88B | 1.68B | 1.48B | 1.34B | 1.21B |
| Machinery | 707.62M | 707.62M | 680.92M | 702.55M | 581.17M | 514.13M |
Cash flow statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.48B | 1.48B | 1.55B | 1.36B | 1.24B | 1.09B |
| Depreciation & Amortization | 213.67M | 213.67M | 202.85M | 181.16M | 152.30M | 128.80M |
| Other Amortization | 24.79M | 24.79M | 14.94M | 9.10M | 7.38M | 9.80M |
| Loss (Gain) From Sale of Assets | 1.13M | 1.13M | -13.73M | -2.39M | -1.85M | -939.00K |
| Loss (Gain) on Equity Investments | 326.00K | 326.00K | -149.00K | 2.24M | 5.35M | 284.00K |
| Stock-Based Compensation | 38.82M | 38.82M | 38.00M | 35.23M | 39.67M | 38.97M |
| Provision & Write-off of Bad Debts | 5.60M | 5.60M | 354.00K | 3.91M | 1.95M | 1.35M |
| Other Operating Activities | 43.49M | 43.49M | -17.53M | -5.58M | 9.95M | 33.78M |
| Change in Accounts Receivable | -80.63M | -80.63M | -33.95M | -145.38M | -123.21M | -97.75M |
| Change in Inventory | -11.44M | -11.44M | 4.66M | -3.70M | 26.55M | -10.85M |
| Change in Accounts Payable | 32.51M | 32.51M | 69.60M | 59.53M | 18.01M | 36.31M |
| Change in Unearned Revenue | 1.91M | 1.91M | 2.16M | 1.87M | 5.90M | -574.00K |
| Change in Income Taxes | -96.67M | -96.67M | -44.83M | 53.10M | 55.06M | -29.84M |
| Change in Other Net Operating Assets | -53.28M | -53.28M | 24.93M | -79.55M | -70.59M | -22.78M |
| Operating Cash Flow | 1.60B | 1.60B | 1.80B | 1.47B | 1.36B | 1.18B |
| Capital Expenditures | -337.36M | -337.36M | -568.99M | -510.99M | -516.64M | -337.45M |
| Sale of Property, Plant & Equipment | 12.57M | 12.57M | 31.83M | 4.17M | 33.92M | 4.33M |
| Cash Acquisitions | -5.00M | -5.00M | -1.22M | 17.66M | -106.60M | |
| Investment in Securities | -547.81M | -547.81M | -49.07M | -450.92M | -1.41B | -2.59M |
| Investing Cash Flow | -877.60M | -877.60M | -587.45M | -940.08M | -1.89B | -442.31M |
| Long-Term Debt Issued | 44.49M | |||||
| Long-Term Debt Repaid | -60.00K | -60.00K | -49.00K | -10.84M | -33.95M | -417.29M |
| Net Debt Issued (Repaid) | -60.00K | -60.00K | -49.00K | -10.84M | 10.55M | -417.29M |
| Issuance of Common Stock | 31.01M | 31.01M | 57.44M | 36.67M | 60.78M | 37.73M |
| Repurchase of Common Stock | -1.64B | -1.64B | -5.28M | -6.56M | -4.71M | -1.93M |
| Other Financing Activities | -1.53M | -1.53M | -1.21M | |||
| Financing Cash Flow | -1.61B | -1.61B | 52.11M | 19.27M | 66.61M | -382.69M |
| Foreign Exchange Rate Adjustments | 7.33M | 7.33M | 2.01M | 4.96M | 34.38M | -15.70M |
| Net Cash Flow | -872.63M | -872.63M | 1.27B | 556.72M | -426.84M | 335.98M |
| Free Cash Flow | 1.27B | 1.27B | 1.23B | 961.57M | 847.57M | 839.24M |
| Free Cash Flow Margin | 27.16% | 27.16% | 26.48% | 22.70% | 21.90% | 23.97% |
| Free Cash Flow Per Share | 1.32 | 1.32 | 1.26 | 0.99 | 0.88 | 0.87 |
| Levered Free Cash Flow | 885.12M | 885.12M | 834.61M | 735.57M | 583.63M | 545.73M |
| Unlevered Free Cash Flow | 876.03M | 876.03M | 832.68M | 735.08M | 583.45M | 555.56M |
| Cash Interest Paid | 1.87M | 1.87M | 2.02M | 3.13M | 2.61M | 18.54M |
| Cash Income Tax Paid | 398.38M | 398.38M | 409.00M | 285.89M | 257.51M | 263.23M |
| Change in Working Capital | -207.60M | -207.60M | 22.56M | -114.14M | -88.28M | -125.49M |
Ratios
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 29.58B | 26.96B | 43.83B | 50.36B | 42.20B | 30.45B |
| Enterprise Value | 25.18B | 22.87B | 39.57B | 47.40B | 40.22B | 29.29B |
| Last Close Price | 30.13 | 29.12 | 45.33 | 52.33 | 44.20 | 32.02 |
| PE Ratio | 20.60 | 18.16 | 28.23 | 36.95 | 34.09 | 27.93 |
| Forward PE | 19.65 | 17.81 | 27.55 | 33.41 | 32.50 | 27.37 |
| PS Ratio | 6.35 | 5.78 | 9.43 | 11.89 | 10.91 | 8.70 |
| PB Ratio | 3.07 | 2.96 | 4.76 | 6.67 | 7.05 | 6.58 |
| P/TBV Ratio | 3.49 | 3.17 | 5.12 | 7.30 | 7.67 | 7.35 |
| P/FCF Ratio | 23.39 | 21.28 | 35.61 | 52.37 | 49.79 | 36.28 |
| P/OCF Ratio | 18.47 | 16.80 | 24.35 | 34.20 | 30.93 | 25.87 |
| PEG Ratio | 1.60 | 1.65 | 1.84 | 2.23 | 2.17 | 1.82 |
| EV/Sales Ratio | 5.41 | 4.90 | 8.52 | 11.19 | 10.39 | 8.37 |
| EV/EBITDA Ratio | 13.52 | 12.26 | 20.82 | 27.04 | 24.54 | 19.48 |
| EV/EBIT Ratio | 15.27 | 13.84 | 23.30 | 30.16 | 27.05 | 21.30 |
| EV/FCF Ratio | 19.92 | 18.05 | 32.15 | 49.30 | 47.45 | 34.90 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |
| Debt / EBITDA Ratio | 0.05 | 0.05 | 0.05 | 0.07 | 0.07 | 0.08 |
| Debt / FCF Ratio | 0.07 | 0.07 | 0.08 | 0.12 | 0.14 | 0.14 |
| Net Debt / Equity Ratio | -0.48 | -0.48 | -0.51 | -0.44 | -0.38 | -0.27 |
| Net Debt / EBITDA Ratio | -2.36 | -2.36 | -2.46 | -1.88 | -1.37 | -0.84 |
| Net Debt / FCF Ratio | -3.47 | -3.47 | -3.81 | -3.44 | -2.65 | -1.51 |
| Asset Turnover | 0.46 | 0.46 | 0.50 | 0.56 | 0.64 | 0.71 |
| Inventory Turnover | 56.08 | 56.08 | 60.29 | 55.72 | 43.18 | 36.52 |
| Quick Ratio | 6.81 | 6.81 | 7.33 | 5.74 | 5.14 | 3.57 |
| Current Ratio | 7.91 | 7.91 | 8.42 | 7.03 | 6.62 | 5.00 |
| Return on Equity (ROE) | 16.16% | 16.16% | 18.48% | 20.13% | 23.33% | 26.74% |
| Return on Assets (ROA) | 10.27% | 10.27% | 11.46% | 12.96% | 15.43% | 17.41% |
| Return on Invested Capital (ROIC) | 28.38% | 28.88% | 31.64% | 31.27% | 33.32% | 35.15% |
| Return on Capital Employed (ROCE) | 17.70% | 17.70% | 18.00% | 20.20% | 23.80% | 28.20% |
| Earnings Yield | 4.85% | 5.51% | 3.54% | 2.71% | 2.93% | 3.58% |
| FCF Yield | 4.28% | 4.70% | 2.81% | 1.91% | 2.01% | 2.76% |
| Buyback Yield / Dilution | 2.12% | 2.12% | -0.28% | -0.84% | -0.21% | -0.36% |