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Runs online marketplaces/yards that sell salvage and used vehicles, mainly on behalf of insurance companies after accident claims.
Runs online marketplaces/yards that sell salvage and used vehicles, mainly on behalf of insurance companies after accident claims.
Earns fees on each vehicle it sells, charged to both seller and buyer, plus storage and handling charges, and it also buys some vehicles outright to resell. Insurance companies supply most vehicles, so volume follows accident and total-loss rates. Its main US rival is IAA, now part of RB Global.
Moat: wide (network effects, scale, installed base). Large, hard-to-replicate network of storage yards plus a global buyer base create powerful network effects that competitors struggle to match.
Headquarters: Dallas, Texas, United States · Founded: 1982 · Employees: 11,900
Size Copart (CPRT) is a United States Industrials company (Specialty Stores) with a market value of $29.6B, the 370th largest of 3,117 United States companies the cockpit tracks. Shares closed at $31.95 on 6 Nov 2026.
Performance Over six months the shares fell 5.9%, against -2.5% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 0.4% over the last twelve months (peer median +11.5%); the operating margin is 35.4% (peer median 16.3%).
Valuation It trades at 19.7× forward earnings against a peer median of 20.9× (10th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 17.7 points above its cost of capital (9.9% WACC).
Short interest Short interest is 3.7% of the free float (15 Oct 2026).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $4.67B | $4.67B | $4.65B | $4.24B | $3.87B |
| Revenue growth | — | 0% | +10% | +9% | — |
| Gross profit | $2.06B | $2.06B | $2.08B | $1.89B | $1.72B |
| EBITDA | $1.88B | $1.88B | $1.91B | $1.76B | $1.65B |
| Net income | $1.48B | $1.48B | $1.55B | $1.36B | $1.24B |
| Free cash flow | $1.27B | $1.27B | $1.23B | $962M | $848M |
| Capital expenditure | $337M | $337M | $569M | $511M | $517M |
| Total debt | $88.4M | $88.4M | $104M | $119M | $120M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Copart CPRT | $29.6B | -6% | 0% | 35% | 19.7× | 7.2% |
| Restaurant Brands Asia RBA.NS | $668M | +31% | +16% | 0% | n/a | n/a |
| ACV Auctions ACVA | n/a | +44% | n/a | n/a | n/a | n/a |
| OPENLANE OPLN | $4.22B | -9% | +13% | 17% | 20.7× | 11.1% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CPRT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +16.3% | +2.8% | 5th highest of 21 |
| 6-month return | -5.9% | -2.5% | 11th highest of 21 |
| Distance from 52-week high | -24.0% | -19.4% | 9th lowest of 21 |
| Revenue growth (TTM) | +0.4% | +11.5% | lowest of 21 |
| Operating margin | 35.4% | 16.3% | 2nd highest of 21 |
| Forward P/E | 19.7× | 20.9× | 10th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 7.2% | 10.1% | 5th least demanding of 18 |
| Growth delivered (Del g) | +11.6% | +9.7% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -4.4 pp | +3.0 pp | 5th least demanding of 18 |
| ROIC minus cost of capital | +17.7 pp | +3.7 pp | 7th highest of 20 |
| EV / EBITDA | 13.4× | 15.2× | 6th cheapest of 18 |
| Net debt / EBITDA | -2.3× | 1.2× | 2nd least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Copart CPRT | United States | $29.6B | -6% | 0% | 35% | 19.7× | 7.2% | +11.6% |
| Ryanair Holdings PLC Sponsored ADR RYAAY | United States | $29.5B | +2% | +9% | 13% | 17.0× | 6.4% | +56.7% |
| Otis Worldwide OTIS | United States | $30.1B | +6% | +6% | 15% | 18.1× | 2.3% | +2.5% |
| Veralto VLTO | United States | $28.5B | +35% | +6% | 22% | 24.6× | 8.3% | +4.8% |
| Sunbelt Rentals SUNB | United States | $31.6B | +5% | +3% | 21% | 17.7× | 8.8% | +4.9% |
| Rocket Lab RKLB | United States | $31.8B | -50% | +53% | -29% | n/a | n/a | n/a |
| Ingersoll Rand IR | United States | $31.9B | +10% | +8% | 19% | 21.8× | 17.3% | +14.0% |
| Elbit Systems ESLT | United States | $32.0B | -13% | +12% | 9% | 46.5× | 10.1% | +11.5% |
| Dover DOV | United States | $27.1B | -7% | +8% | 18% | 17.6× | 12.2% | +3.9% |
| Emcor EME | United States | $26.6B | -34% | +22% | 10% | 15.5× | 6.2% | +14.1% |
| Verisk Analytics VRSK | United States | $26.6B | +19% | +5% | 45% | 24.3× | 5.0% | +2.0% |
| Old Dominion ODFL | United States | $34.2B | -17% | +4% | 27% | 24.9× | 15.7% | +6.5% |
| Axon Enterprise AXON | United States | $25.4B | -22% | +35% | 1% | 36.5× | n/a | n/a |
| Comfort Systems USA FIX | United States | $35.6B | -48% | +51% | 17% | 16.2× | 12.4% | +26.1% |
| Expeditors International EXPD | United States | $24.0B | +18% | +19% | 10% | 21.1× | 8.9% | +2.9% |
| United Airlines UAL | United States | $36.6B | +13% | +12% | 6% | 13.6× | 7.8% | +30.9% |
| Hubbell HUBB | United States | $22.7B | -13% | +16% | 21% | 19.1× | 10.5% | +9.7% |
| Xylem XYL | United States | $22.4B | -14% | +2% | 16% | 17.4× | 12.1% | +13.1% |
| HEICO HEI | United States | $39.2B | +14% | +21% | 24% | 47.8× | 24.5% | +20.2% |
| SYM SYM | United States | $22.3B | -30% | +20% | 1% | 101.9× | n/a | n/a |
| Equifax EFX | United States | $22.2B | +8% | +11% | 19% | 20.9× | 16.9% | +8.0% |