NASDAQ: CPRT
Copart
Industrials · Retail-Auto Dealers & Gasoline Stations
52-week range
Stock price
Market cap
At each fiscal year end: closing price × shares outstanding.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.$27.0B
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| Period | Market cap |
|---|---|
| FY2017, ended Jul 31, 2017 | $7.27B |
| FY2018, ended Jul 31, 2018 | $13.4B |
| FY2019, ended Jul 31, 2019 | $18.0B |
| FY2020, ended Jul 31, 2020 | $22.0B |
| FY2021, ended Jul 31, 2021 | $34.9B |
| FY2022, ended Jul 31, 2022 | $30.5B |
| FY2023, ended Jul 31, 2023 | $42.3B |
| FY2024, ended Jul 31, 2024 | $50.4B |
| FY2025, ended Jul 31, 2025 | $43.9B |
| FY2026, ended Jul 31, 2026 | $27.0B |
Revenue
By fiscal year.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.$4.67B
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| Period | Revenue |
|---|---|
| FY2017, ended Jul 31, 2017 | $1.45B |
| FY2018, ended Jul 31, 2018 | $1.81B |
| FY2019, ended Jul 31, 2019 | $2.04B |
| FY2020, ended Jul 31, 2020 | $2.21B |
| FY2021, ended Jul 31, 2021 | $2.69B |
| FY2022, ended Jul 31, 2022 | $3.50B |
| FY2023, ended Jul 31, 2023 | $3.87B |
| FY2024, ended Jul 31, 2024 | $4.24B |
| FY2025, ended Jul 31, 2025 | $4.65B |
| FY2026, ended Jul 31, 2026 | $4.67B |
Net income and free cash flow
By fiscal year. Free cash flow is operating cash flow minus capex.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Jul 31, 2017 | $394M | $320M |
| FY2018, ended Jul 31, 2018 | $418M | $247M |
| FY2019, ended Jul 31, 2019 | $592M | $273M |
| FY2020, ended Jul 31, 2020 | $700M | $326M |
| FY2021, ended Jul 31, 2021 | $936M | $528M |
| FY2022, ended Jul 31, 2022 | $1.09B | $839M |
| FY2023, ended Jul 31, 2023 | $1.24B | $848M |
| FY2024, ended Jul 31, 2024 | $1.36B | $962M |
| FY2025, ended Jul 31, 2025 | $1.55B | $1.23B |
| FY2026, ended Jul 31, 2026 | $1.48B | $1.27B |
Cash and cash equivalents
At each fiscal year end.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.$1.91B
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| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Jul 31, 2017 | $210M |
| FY2018, ended Jul 31, 2018 | $275M |
| FY2019, ended Jul 31, 2019 | $186M |
| FY2020, ended Jul 31, 2020 | $478M |
| FY2021, ended Jul 31, 2021 | $1.05B |
| FY2022, ended Jul 31, 2022 | $1.38B |
| FY2023, ended Jul 31, 2023 | $957M |
| FY2024, ended Jul 31, 2024 | $1.51B |
| FY2025, ended Jul 31, 2025 | $2.78B |
| FY2026, ended Jul 31, 2026 | $1.91B |
Total debt
At each fiscal year end. Short- and long-term borrowings, excluding leases.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.—
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| Period | Total debt |
|---|---|
| FY2017, ended Jul 31, 2017 | $631M |
| FY2018, ended Jul 31, 2018 | $400M |
| FY2019, ended Jul 31, 2019 | $400M |
| FY2020, ended Jul 31, 2020 | $400M |
| FY2021, ended Jul 31, 2021 | $400M |
| FY2022, ended Jul 31, 2022 | $0 |
| FY2023, ended Jul 31, 2023 | $11.0M |
| FY2024, ended Jul 31, 2024 | $0 |
| FY2025, ended Jul 31, 2025 | — |
| FY2026, ended Jul 31, 2026 | — |
Shares outstanding
At each fiscal year end, adjusted for splits. Up 0.4% since 2017.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.926M
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| Period | Shares outstanding |
|---|---|
| FY2017, ended Jul 31, 2017 | 923M |
| FY2018, ended Jul 31, 2018 | 936M |
| FY2019, ended Jul 31, 2019 | 929M |
| FY2020, ended Jul 31, 2020 | 944M |
| FY2021, ended Jul 31, 2021 | 948M |
| FY2022, ended Jul 31, 2022 | 952M |
| FY2023, ended Jul 31, 2023 | 957M |
| FY2024, ended Jul 31, 2024 | 963M |
| FY2025, ended Jul 31, 2025 | 968M |
| FY2026, ended Jul 31, 2026 | 926M |
Buybacks and new shares
By fiscal year, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for FY2026, ended Jul 31, 2026. Hover or tap a column for another year.Net: $1.59B more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2017, ended Jul 31, 2017 | $0 | $20.8M |
| FY2018, ended Jul 31, 2018 | $0 | $23.2M |
| FY2019, ended Jul 31, 2019 | $365M | $23.4M |
| FY2020, ended Jul 31, 2020 | $0 | $23.3M |
| FY2021, ended Jul 31, 2021 | $0 | $40.9M |
| FY2022, ended Jul 31, 2022 | — | $39.0M |
| FY2023, ended Jul 31, 2023 | — | $39.7M |
| FY2024, ended Jul 31, 2024 | $0 | $35.2M |
| FY2025, ended Jul 31, 2025 | $0 | $38.0M |
| FY2026, ended Jul 31, 2026 | $1.63B | $38.8M |
Revenue (TTM)
$4.67B
+0.4% YoY
Net income (TTM)
$1.48B
−4.4% YoY
Cash
$1.91B
−31.4% YoY
Total debt
—
—
Valuation
At current price- Market Cap
- $27.9B
- P/E
- 18.8×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 6.0×
- Price / Book
- 3.1×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $4.67B
- Revenue Growth YoY
- 0.4%
- Revenue CAGR 3Y
- 6.4%
- Revenue CAGR 5Y
- 11.6%
- EPS Growth YoY
- −2.5%
- Net Income Growth YoY
- −4.4%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- 35.4%
- Net Margin
- 31.8%
- FCF Margin
- 27.2%
- Return on Equity
- 16.2%
Earnings
Trailing 12 months- Net Income
- $1.48B
- EPS (diluted)
- $1.55
- EBITDA
- $1.88B
- Operating Income
- $1.65B
Balance Sheet
As of Jul 31, 2026- Cash and cash equivalents
- $1.91B
- Total Debt
- —. Short- and long-term borrowings, excluding leases
- Net Cash
- —. Cash − total debt
- Total Assets
- $10.0B
- Total Liabilities
- $914M
- Shareholders' Equity
- $9.10B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.60B
- Capital Expenditure
- $337M
- Free Cash Flow
- $1.27B
Dividends and risk
Last 12 months- Dividend Yield
- 0.0%
- Dividend / Share
- $0.00
- Beta (5Y)
- 1.06
Every ratio is calculated from the company’s reported figures.
Note
Revenue is roughly flat year over year at $4.67B.
Strength
Keeps 35.4% of revenue as operating profit.
Strength
Turns 27.2% of revenue into free cash flow.
Strength
Share count is down 4.3% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Jul 31, 2026 · filed Sep 29, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K67Mildly positive
10-K for the fiscal year ended Jul 31, 2025
Filed Sep 26, 2025 · Read the filing on EDGAR
- Revenue rose about 10% to roughly $4.65 billion, operating income about 8% to $1.70 billion, and net income about 14% to $1.55 billion.
- Operating margin slipped from 37% to 36% as facility costs rose 13.7% and overhead rose 20.2%, including $56 million of one-time hurricane costs.
- Cash nearly doubled to $2.8 billion with no credit line borrowings; management is still considering other uses for its cash.
- The Justice Department money-laundering investigation remains ongoing, with no new development described in the sections provided.
Business momentum
Improving
“The increase in service revenues for fiscal 2025 of $407.7 million, or 11.4% as compared to fiscal 2024 came from (i) an increase in the U.S. of $325.5 million, and (ii) an increase in International of $82.2 million.”
Outlook
Neutral
“We believe the long-term trend of increases in total loss frequency will continue.”
Financial stress
None
“We had no outstanding borrowings under the Revolving Loan Facility as of July 31, 2025 and July 31, 2024.”
Tone against the previous report
About the same
Red flags
None found in this report.
Positives
Cash pile grew sharply with no borrowings drawn
“Cash, cash equivalents, and restricted cash increased $1,266.4 million and working capital increased $1,281.7 million at July 31, 2025, as compared to July 31, 2024.”
Cash from operations rose on higher revenue
“Net cash provided by operating activities increased for fiscal 2025 as compared to fiscal 2024 due to improved cash operating results primarily from an increase in service and vehicle sales revenues”
International service revenue grew on price and volume
“The growth in International, after excluding positive fluctuations in currency exchange rates of $2.7 million, was driven primarily by an increase in revenue per car and increase in volume.”
Concerns
Justice Department money-laundering investigation continues
“the U.S. Department of Justice, Consumer Protection Branch is conducting an ongoing investigation into potential violations by the Company of certain money laundering laws”
Overhead costs rising faster than revenue, including legal and compliance
“the increase in the U.S. of $62.4 million resulted primarily from increases in third party outside services (including legal, compliance, and system implementations), labor costs”
US facility costs rose, including one-time hurricane expenses
“combined with one time CAT costs of $56 million associated with Hurricanes Helene and Milton.”
New risks since the previous report
Proposed Brazilian rules raise risk to Brazil operations
“recent regulatory proposals in Brazil heighten the risks we face relating to our Brazil operations.”
Extreme storms can add large costs and strain storage capacity
“For example, during fiscal 2025, we recognized substantial additional costs associated with Hurricanes Helene and Milton.”
New financial system rollout affects key accounting controls
“This new financial system is a significant component of our internal control over financial reporting.”
Biggest risks named
- Justice Department money-laundering investigation
- Loss of major vehicle sellers or supply agreements
- Used car, repair cost and commodity swings affecting total-loss volumes and prices
- International expansion, regulatory and currency exposure
- Cyber-attacks, ransomware, outages and data breaches
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | +6 | |
| Outlook | 0 | |
| Tone against the previous report | 0 | |
| Financial stress | +2 | |
| Red flags | 0 | |
| New risks | −1.5 | |
| Score | 67 | |
Written by AI (Claude Opus 5.5) from the report’s text. 12 of 12 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Sep 29, 2026 | Pro | |||
| 10-K | Sep 26, 2025 | 67 | Improving | None | |
| 10-K | Sep 30, 2024 | 64 | Improving | 1 medium | |
| 10-K | Sep 28, 2023 | 66 | Improving | 1 minor | |
| 10-K | Sep 27, 2022 | 69 | Strong improvement | 1 minor | |
| 10-K | Sep 27, 2021 | 73 | Strong improvement | None | |
| 10-K | Sep 28, 2020 | 61 | Improving | None | |
| 10-K | Sep 30, 2019 | 66 | Strong improvement | 1 minor | |
| 10-K | Oct 1, 2018 | 71 | Strong improvement | None | |
| 10-K | Sep 28, 2017 | 69 | Strong improvement | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-K for FY2026 (period ended Jul 31, 2026), filed Sep 29, 2026. View filings on SEC EDGAR