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CPRT - Copart, Inc.

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Copart, Inc.

CPRT

NASDAQ

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.

61.22 USD

0.72 (1.18%)

CPRT Financial Statements

Year

2024

2023

2022

2021

Total Revenue

4.24B

3.87B

3.5B

2.69B

Cost of Revenue

2.3B

2.13B

1.89B

1.35B

Gross Profit

1.94B

1.74B

1.61B

1.34B

Operating Expenses

335.23M

250.42M

231.22M

206.66M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

335.23M

233.04M

211.15M

185.61M

Selling & Marketing Expenses

0

17.8M

15.4M

13.7M

General & Administrative Expenses

335.23M

233.04M

211.15M

185.61M

Other Expenses

0

1.83M

20.07M

21.05M

Operating Income

1.57B

1.49B

1.37B

1.14B

Total Other Income/Expenses Net

142.58M

67.76M

-34.04M

-14.58M

Income Before Tax

1.71B

1.55B

1.34B

1.12B

Income Tax

352.25M

316.59M

250.82M

185.35M

Net Income

1.36B

1.24B

1.09B

936.5M

Basic EPS

1.42

1.3

1.15

0.99

EPS Diluted

1.4

1.28

1.13

0.97

Basic Average Shares

960.74M

953.57M

949.68M

945.01M

Diluted Average Shares

974.8M

966.65M

964.6M

961.16M

EBITDA

1.76B

1.49B

1.37B

1.14B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

5.19B

3.96B

2.87B

1.94B

Net Income

1.36B

1.24B

1.09B

936.5M

Stock Repurchases

-6.56M

-4.71M

-1.93M

-6.14M

Dividend Paid

0

0

0

0

Retained Earnings

6.55B

5.19B

3.96B

2.87B

Other Distributions

1.35B

1.23B

1.09B

924.21M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

3.29B

2.95B

2.6B

2.42B

Annual Depreciation

190.26M

159.48M

137.99M

121.97M

Capital Expenditure

-510.99M

-516.64M

-337.45M

-463M

Net PPE

3.61B

3.31B

2.8B

2.76B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

119.62M

-7.67M

46.24M

12.1M

Goodwill (Previous Year)

394.29M

401.95M

355.72M

343.62M

Goodwill

513.91M

394.29M

401.95M

355.72M

All figures are in USD.

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