Copart, Inc. (CPRT) Stock

Copart, Inc. (CPRT) is a Consumer Discretionary stock trading at $34.34 (as of 2026-08-20), with a market capitalization of $31.79B and a trailing P/E of 20.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Copart, Inc. operates online vehicle auctions and related vehicle remarketing services, selling vehicles through internet-based auction platforms and related processing offerings. It provides these services across multiple countries, serving vehicle owners and dealers, and it also runs associated brands and vehicle-parts recycling.

Understand Copart, Inc.: how it makes money

Copart runs online auctions and vehicle remarketing services, and it makes money by providing internet-based vehicle auction and processing services (including inspection, estimation, title processing, transportation, and related reporting).

Copart's profit model is structurally tied to how many vehicles get purchased and sold through its online auction and processing workflow, because its results depend on unit volumes and the pricing level of those sold vehicles.

Business quality (Strong): Clear operating link between auction activity and results, but the provided operating metrics for the latest period show declines in unit volume, inventory, and average selling prices, which are key swing factors for performance.

Valuation: At 17× earnings, CPRT trades 9% below the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

Service-heavy revenue mix: Service revenue is 0.99B out of about 1.2B total revenue (latest period shown), aligning with Copart's vehicle processing and remarketing services model.
International footprint: Copart operates beyond the United States, with international revenue of 0.23B, indicating revenue generation across multiple countries.
High operating profitability (for the period provided): Operating margin is listed at 37.5% for the latest period shown.

Bear case

Lower unit throughput indicators: Operational metrics provided for the period show global unit volume decline (2.4%) and global insurance unit sales decline (9.3%).
Pricing pressure indicated: Global average selling prices decline is shown at 5.0% for the period provided, which can reduce revenue per vehicle sold.
Inventory declines can limit near-term sales activity: Global inventory decline is shown at 7.0%, and U.S. inventory (decrease) is shown at 14.8% for the period provided.

Valuation — source: SEC EDGAR (first-party)
Price	$34.34
Market Cap	$31.79B
P/E Ratio	20.5
EV / EBITDA	15.2
Price / Book	3.62
Price / Sales	6.85
FCF Yield	4.2%
DCF Value (model)	$31.05
DCF Upside vs Price	-9.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$4.65B
Net Margin	33.4%
Revenue Growth (YoY)	2.1%
EPS Growth (YoY)	2.4%
FCF Growth (YoY)	-20.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	24.80 (safe)

Valuation vs Sector & Industry
Stock P/E	20.5
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Retail)	19.5
vs Sector	-0.1%
vs Industry	4.8%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($4.25B)
Institutional Holders Tracked	10
Congressional Trades (recent)	6

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Jeffrey Liaw
Employees	13,800
Country	US
IPO Date	1994-03-17

Related Companies (Business model: Brick-and-Mortar Retail (incl. Omnichannel); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.