Copart, Inc.'s Stock Analysis

Copart Reports Fiscal 2025 Fourth Quarter Financial Results

Copart, Inc. announced its financial results for the fourth quarter of fiscal year 2025, which ended on July 31, 2025. The company reported revenue of $1.1 billion, a 5.2% increase from the previous year, along with a gross profit of $510 million, marking a 12.4% rise. Net income attributable to Copart was $396 million, up 22.9% year-over-year. The fully diluted earnings per share for the quarter was $0.41, compared to $0.33 in the same period last year, reflecting a 24.2% increase.

For the entire fiscal year 2025, Copart generated revenue of $4.6 billion, a 9.7% increase from the previous year. Gross profit reached $2.1 billion, up 10.1%, while net income attributable to Copart was $1.6 billion, representing a 13.9% rise. The fully diluted earnings per share for the year was $1.59, an increase from $1.40 in the prior year, which is a 13.6% growth. The company operates globally, connecting vehicle consignors to a wide range of members and offering vehicle remarketing services across various markets.

Sep 04, 2025 16:16:56

Copart Reports Revenue and Net Income Growth for Q3 2025

Copart, Inc. announced its financial results for the third quarter of fiscal 2025, reporting revenue of $1.2 billion, an increase of 7.5% compared to the same period last year. Gross profit rose to $552.3 million, up 5.1%, while net income attributable to Copart reached $406.6 million, reflecting a 6.4% increase. The fully diluted earnings per share for the quarter was $0.42, compared to $0.39 in the prior year, marking a 7.7% rise.

For the nine months ending April 30, 2025, Copart reported total revenue of $3.5 billion, a growth of 11.2% year-over-year. Gross profit for this period was $1.6 billion, up 9.4%, and net income attributable to Copart was $1.2 billion, an increase of 11.1%. The fully diluted earnings per share for the nine months was $1.18, compared to $1.07 last year, indicating a 10.3% growth.

May 22, 2025 16:15:32

Copart Reports Revenue and Net Income Increases for Q2 2025

On the downside, Copart faced increased operating expenses, which rose by 15.1% in the second quarter, primarily due to higher facility operation costs that increased by nearly 20%. General and administrative expenses also surged by 19.2%, contributing to the overall rise in total operating expenses. Despite these challenges, the company's net income growth indicates that it has managed to maintain profitability amidst rising costs.

Feb 20, 2025 16:15:49

Copart Reports $1.15 Billion Revenue for First Quarter 2025

Copart, Inc. reported notable increases in its financial results for the first quarter of fiscal 2025, with revenue reaching $1.15 billion, a rise of 12.4% compared to the previous year. Gross profit also saw an increase of 10.4% to $512.1 million, while net income attributable to Copart rose by 8.9% to $362.1 million. The fully diluted earnings per share improved from $0.34 to $0.37, marking an 8.8% increase year-over-year. Additionally, cash, cash equivalents, and restricted cash significantly increased to $3.7 billion from $1.5 billion at the end of the previous quarter, reflecting strong cash flow management.

However, the company faced challenges as operating expenses grew by 18.5% to $740.5 million, primarily driven by increases in facility operations and general administrative costs. There was a slight decline in vehicle sales revenue, which decreased by 0.2%, indicating potential market pressures. Furthermore, Copart's general and administrative expenses surged by 57.9%, raising concerns about cost management amidst rising operational costs. Despite these challenges, the overall financial performance remained positive.

Nov 21, 2024 16:14:52

Copart Reports Mixed Financial Results for Fourth Quarter 2024

Copart, Inc. announced its financial results for the fourth quarter of fiscal 2024, revealing a revenue increase of 7.2% to $1.1 billion compared to the same period last year. However, the company experienced a slight decline in gross profit and net income, with net income down by 7.3% to $323 million. This resulted in a decrease in earnings per share from $0.36 to $0.33, indicating some challenges despite overall revenue growth for the quarter.

For the full fiscal year, Copart reported a strong performance with revenue increasing by 9.5% to $4.2 billion and net income rising by 10.1% to $1.4 billion. These positive annual results reflect the company's robust operations and market position, as they sold over 4 million vehicles globally. Despite the quarterly setbacks, the overall yearly growth suggests Copart's resilience and ability to adapt in the competitive online vehicle auction industry.

Sep 04, 2024 16:27:52

Copart, Inc. Reports Positive Q3 Fiscal 2024 Results

Copart, Inc. announced revenue of $1.13 billion, a 10.3% increase from last year, with gross profit and net income also rising. For the nine months ended April 30, 2024, revenue, gross profit, and net income showed similar positive trends. Earnings per share increased by 8.3% for the quarter and 16.3% for the nine months. Copart's global presence and online auction platforms have contributed to its success in connecting consigners with buyers worldwide.

May 16, 2024 16:16:35

Copart Appoints New CEO and Chairman

Copart, Inc. appoints Jeff Liaw as the new CEO, effective April 1, 2024, with Jay Adair stepping down from the role to become Executive Chairman. Liaw's promotion recognizes his contributions since 2016. Adair commends Liaw's leadership. Copart, a global leader in online vehicle auctions, operates in 11 countries with over 265,000 vehicles available daily. The company connects sellers to a vast network and serves various sectors. The transition aims to ensure continuity in customer service excellence and business growth.

Mar 12, 2024 06:08:01

Copart, Inc. Reports Strong Financial Growth in Q2 Fiscal 2024

Copart, Inc. announced positive financial results for the quarter ended January 31, 2024, with revenue, gross profit, and net income showing significant increases compared to the same period last year. Fully diluted earnings per share also grew by 10.0%. For the six months ended January 31, 2024, the company continued to demonstrate strong financial performance, with revenue, gross profit, and net income all showing double-digit percentage increases. Copart's global presence and online auction platforms contribute to its success in serving various vehicle markets.

Feb 22, 2024 16:18:37

Copart, Inc. Reports Strong Financial Results for Q1 Fiscal 2024

Copart, Inc. reported strong financial results for the first quarter of fiscal 2024, with a significant increase in revenue, gross profit, and net income compared to the same period last year. The company's revenue increased by 14.2%, gross profit by 25.6%, and net income by 35.3%. Additionally, fully diluted earnings per share saw a substantial increase of 36.0% from the previous year. Copart will be conducting a conference call to discuss the results, and the webcast will be available for replay until February 2024. The company, founded in 1982, operates globally and offers online vehicle auction services to a wide range of clients.

Nov 16, 2023 16:16:06