Copart

Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The firm sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to the general public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

CPRT reports steady Q1 growth and eyes international expansion

CPRT's Q1 performance reflects steady growth and a strong customer base. While facing challenges in the insurance industry, the company is well-positioned to capitalize on opportunities in new customer segments and international markets. The call highlighted the company's responsible approach to capital stewardship and potential strategic investments.

Copart delivers solid Q2 results, eyes AI integration for growth

Copart's Q2 2023 performance reflects resilience and growth amidst industry changes. While facing challenges like cost inflation and ASP declines, the company maintains a strong financial position and pursues opportunities for optimization and innovation.

Copart excels in Q3 earnings amidst insurance challenges and growth opportunities

Copart delivered robust financial performance in Q3 2023, driven by revenue growth, improved gross profit margin, and strong operating cash flow.
The company faces challenges in the insurance business due to suppressed total loss volumes and pricing pressures, but opportunities exist in data analytics and service expansion.
By focusing on enhancing services, leveraging data insights, and adapting to market trends, Copart is well-positioned for continued growth and client satisfaction.

Copart reports robust earnings growth, eyes opportunities in insurance industry

Copart's Q4 2023 earnings call highlighted strong financial performance, driven by revenue growth, margin improvement, and strategic investments in sustainability and technology. The company's resilience, commitment to innovation, and focus on customer needs position it well for future growth opportunities. Challenges in adapting to evolving market demands and cautious expansion strategies underscore Copart's strategic approach to sustainable business growth.

Copart reports robust Q1 earnings, invests in sustainability and growth

Copart's Q1 earnings call highlighted strong financial results, growth in key segments, and strategic investments in expanding its marketplace capabilities. The company's focus on sustainability, revenue diversification, and operational efficiency positions it well for future growth and market leadership.

Copart reports robust Q2 earnings, eyes growth amid challenges

Copart's Q2 2024 earnings call highlighted strong financial performance, operational efficiency, and strategic growth initiatives.
While facing challenges like total loss frequency and cash flow decrease, the company remains focused on capitalizing on opportunities for expansion and profitability.
With a resilient business model and a focus on talent and partnerships, Copart is well-positioned to navigate market dynamics and drive sustainable growth.
Investors should monitor Copart's progress in addressing challenges and leveraging opportunities to assess its long-term financial health and competitive position.

Copart reports robust Q3 earnings, eyes global expansion for growth

Copart delivered strong financial performance in Q3 2024, with revenue and profit growth across key business segments.
Despite challenges like supply chain disruptions and margin pressures, the company remains optimistic about future growth.
By focusing on cost-saving initiatives, global expansion, and revenue diversification, Copart is strategically positioned for continued success.

Copart reports revenue growth but faces margin pressure in Q4

Copart's Q4 2024 earnings call reflects a mixed performance with strong revenue growth but declining profit margins.
The company's service offerings and partnerships remain key strengths, while challenges in total loss frequency and profitability persist.
Exploring opportunities in noninsurance seller segments and service expansion could drive future growth and mitigate current challenges.

Copart reports robust Q1 performance amidst industry trends and challenges

Copart's Q1 performance reflects resilience and growth across key business segments, driven by operational efficiency and strategic partnerships.
While facing challenges in cost management and sales fluctuations, the company remains well-positioned to capitalize on industry trends and market opportunities.
By leveraging its strengths in disaster response, diversified revenue streams, and market expansion initiatives, Copart aims to navigate challenges and drive sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It offers vehicle sellers a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The firm sells vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters and at certain locations, and the public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.

Copart earnings are due with the online car auction specialist moving into a new buy zone. The Leaderboard stock has soared by 134% since December 2018.

Copart Earnings Due With The Leaderboard Stock In New Buy Zone

Copart's (CPRT) active presence across the United States and international markets is likely to have supported global sales volumes in Q2 amid soaring operating expenses.

Copart (CPRT) to Report Q2 Earnings: What's in the Offing?

Copart (CPRT) second-quarter fiscal 2020 earnings and revenues are likely to have increased year over year.

Copart (CPRT) to Post Q2 Earnings: What's in the Offing?

Copart CEO Jay Adair is no overnight success. He shaped his career over time using every experience — including his first job — as a steppingstone.

How Jay Adair Drove Copart On The Road To Success

Apple

Applied Materials

Synopsys

State Street

The S&P 500 Index reached a milestone on Jan 16 after closing, above the technical threshold of 3,300 for the first time.

5 Top-Ranked Stocks to Ride on the S&P 500 Rally in 2020

The company is presenting strong growth, with a consolidating market position highlighted by an impressive 235% return for the stock over the past three years.

Copart: Online Damaged-Vehicle Auction Site Has A Long Growth Runway

The online auto auction leader issued one quarterly beat after another last year.

Why Copart Stock Zoomed 90.3% Higher in 2019

FormFactor

JD.com

3 Stocks Making New Highs in the New Year

Flowserve

Johnson Controls

These are the industrial stocks with the best value, fastest growth, and most momentum for January.

Top Industrial Stocks for January 2020

Brookfield Business Partners

Elastic N.V

Everi

General Finance

The U.S. service sector is growing for over nine years now. Here are five business service providers that should return well.

5 Stocks to Buy as US Service Sector Revs Up in December

Cornerstone Ondemand

Martin Marietta Materials

Performance Food Group

SS&C Technologies Hlds

The recent stock market pullback is a welcome development as it will help correcting higher stock valuation and consequently be a good entry point for equities.

5 Stocks With Good Entry Points Amid Stock Market Pullback

The business services sector is a major beneficiary of the broader economy, which is expected to get stronger in 2020.

Which Business Services Stocks Could be the Copart of 2020?

Fortinet

The S&P 500 Index is currently at a striking distance to surpass its annual return of 29.6% posted in 2013.

S&P 500 Set to Record Highest Return Since 1997: 5 Picks

Cardtronics

Colliers International Group

Momo

Synaptics

Here we pick six Nasdaq-based stocks that are expected to help the index maintain its momentum in 2020.

6 Top-Ranked Stocks to Aid Nasdaq Scale New Highs in 2020

Advanced Micro Devices

Chipotle

KLA-Tencor

Lam Research

Qorvo

Target

Xerox

If Santa rally grips Wall Street in the final days of December, the S&P 500 could see the best year since 1997. These stocks helped the index to hit the highs.

9 Top-Performing Stocks of the S&P 500 ETF in 2019

Leidos Hld

The S&P 500 delivered one of its best years in recent history in 2019, gaining more than 28%.

10 Best Performing S&P 500 Stocks Of 2019

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Copart (CPRT).

Is Copart (CPRT) a Great Growth Stock?

TopBuild

iShares Russell 1000 Growth ETF

Kirkland Lake Gold

Vanguard Mega Cap Growth ETF

Boston Beer Company

SPDR Portfolio S&P 500 Growth ETF

Vanguard Russell 1000 Growth ETF

Vanguard Growth ETF

Given the bullishness, nothing seems a better strategy than growth.

Bet on Growth Investing Now: Top-Ranked ETFs & Stocks

Microsoft

QUALCOMM

The three major indexes are currently at a striking distance from their yearly gains in 2013, which was the best year for Wall Street after the great recession.

Major Indexes Set to Surpass 2013 Returns This Year: 5 Picks

Jabil

Microsoft and AMD are trading tightly amid sideways market action, offering new buying opportunities. So do Fortinet, Copart and Jabil Circuit.

Microsoft, AMD, Fortinet, Copart, Jabil Circuit Boast 'Tight' Buy Points

Bloomin' Brands

NetEase

A casual dining chain, Chinese gaming giant, and auto parts auctioneer keep reaching fresh highs.

3 'Surprising Stocks Hitting New Highs Last Week'

Amkor Technology

Coherus BioSciences

Hibbett Sports

Top Ranked Momentum Stocks to Buy for November 26th

Copart's (CPRT) Management on Q1 2020 Results - Earnings Call Transcript

High service revenues across markets served by Copart (CPRT) and expanding network of facilities buoy first-quarter fiscal 2020 results.

Copart (CPRT) Q1 Earnings and Revenues Surpass Estimates

Copart earnings are due late Wednesday, Overseas expansion and more totaled vehicles have helped fuel growth for the online salvaged-car auctioneer. Shares fell into a buy zone.

News for Copart Stock (CPRT)