CPRT Stock - Copart, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $4.65B | $4.24B | $3.87B | $3.50B | $2.69B |
| Gross Profit | $2.10B | $1.91B | $1.74B | $1.61B | $1.34B |
| Gross Margin | 45.2% | 45.0% | 44.9% | 45.9% | 49.9% |
| Operating Income | $1.70B | $1.57B | $1.49B | $1.37B | $1.14B |
| Net Income | $1.55B | $1.36B | $1.24B | $1.09B | $936.50M |
| Net Margin | 33.4% | 32.2% | 32.0% | 31.1% | 34.8% |
| EPS | $1.61 | $1.42 | $1.30 | $1.15 | $0.99 |
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com; U-Pull-It service that allows buyer to remove valuable parts and sell the remaining parts and car body; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. The company was incorporated in 1982 and is headquartered in Dallas, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 12th 2025 | Barclays | Initiation | Underweight | $32 |
| September 4th 2025 | HSBC Securities | Upgrade | Buy | $62 |
| July 8th 2025 | Stephens | Initiation | Equal Weight | $50 |
| March 14th 2025 | Argus | Downgrade | Hold | - |
| February 27th 2024 | JP Morgan | Resumed | Neutral | $48 |
| December 4th 2023 | HSBC Securities | Initiation | Hold | $51 |
| September 8th 2023 | Argus | Initiation | Buy | $53 |
| May 1st 2023 | Northcoast | Downgrade | Neutral | - |
Earnings History & Surprises
CPRTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 20, 2026 | — | — | — | — |
Q1 2026 | Feb 19, 2026 | $0.39 | — | — | — |
Q4 2025 | Nov 20, 2025 | $0.39 | $0.41 | +5.2% | ✓ BEAT |
Q3 2025 | Sep 4, 2025 | $0.36 | $0.41 | +13.5% | ✓ BEAT |
Q2 2025 | May 22, 2025 | $0.42 | $0.42 | +0.8% | ✓ BEAT |
Q1 2025 | Feb 20, 2025 | $0.37 | $0.40 | +7.6% | ✓ BEAT |
Q4 2024 | Nov 21, 2024 | $0.37 | $0.37 | 0.0% | = MET |
Q3 2024 | Sep 4, 2024 | $0.36 | $0.33 | -8.3% | ✗ MISS |
Q2 2024 | May 16, 2024 | $0.39 | $0.39 | 0.0% | = MET |
Q1 2024 | Feb 22, 2024 | $0.35 | $0.33 | -5.7% | ✗ MISS |
Q4 2023 | Nov 16, 2023 | $0.33 | $0.34 | +3.0% | ✓ BEAT |
Q3 2023 | Sep 14, 2023 | $0.32 | $0.34 | +6.3% | ✓ BEAT |
Q2 2023 | May 17, 2023 | $0.31 | $0.36 | +16.1% | ✓ BEAT |
Q1 2023 | Feb 20, 2023 | $0.28 | $0.31 | +10.7% | ✓ BEAT |
Q4 2022 | Nov 16, 2022 | $0.28 | $0.26 | -7.1% | ✗ MISS |
Q3 2022 | Sep 7, 2022 | $0.27 | $0.28 | +3.7% | ✓ BEAT |
Q2 2022 | May 18, 2022 | $0.29 | $0.29 | 0.0% | = MET |
Q1 2022 | Feb 16, 2022 | $0.26 | $0.28 | +7.7% | ✓ BEAT |
Q4 2021 | Nov 17, 2021 | $0.25 | $0.27 | +8.0% | ✓ BEAT |
Q3 2021 | Sep 8, 2021 | $0.22 | $0.26 | +18.2% | ✓ BEAT |
Latest News
JP Morgan Maintains Neutral on Copart, Lowers Price Target to $45
➖ NeutralBarclays Maintains Underweight on Copart, Raises Price Target to $33
➖ NeutralBaird Maintains Outperform on Copart, Lowers Price Target to $52
➖ NeutralCopart shares are trading lower after the company reported worse-than-expected Q1 sales results.
📉 NegativeCopart Q1 EPS $0.41 Beats $0.40 Estimate, Sales $1.155B Miss $1.172B Estimate
➖ NeutralBarclays Initiates Coverage On Copart with Underweight Rating, Announces Price Target of $32
📉 NegativeCopart shares are trading lower after the company reported mixed Q4 financial results.
📉 NegativeStephens & Co. Maintains Equal-Weight on Copart, Lowers Price Target to $46
➖ NeutralCopart Posts 24% EPS Jump in Fiscal Q4
📈 PositiveCopart Q4 EPS $0.41 Beats $0.36 Estimate, Sales $1.125B Miss $1.135B Estimate
📈 PositiveHSBC Upgrades Copart to Buy, Raises Price Target to $62
📈 PositiveGE Vernova emerges as best industrials performer in May, Copart drags
📈 PositiveWeekly top industrial gainers and losers: GE Vernova tops chart, Copart trails
➖ NeutralFrequently Asked Questions about CPRT
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