• Copart's ROIC of 16.34% surpasses its WACC of 10.07%, indicating efficient capital utilization.
• Verisk Analytics and Old Dominion Freight Line show superior capital allocation with higher ROIC to WACC ratios compared to Copart.
• ANSYS's returns do not cover its cost of capital, contrasting with the effective capital management of companies like Cintas Corporation and CDW Corporation.

Copart, Inc. (NASDAQ:CPRT) is a global leader in online vehicle auctions, providing services to process and sell salvage and clean title vehicles. The company operates in a competitive landscape with peers like Verisk Analytics, ANSYS, Cintas Corporation, CDW Corporation, and Old Dominion Freight Line. These companies, while diverse in their operations, are compared based on financial metrics like ROIC and WACC to assess efficiency in capital utilization.

Copart's ROIC of 16.34% surpasses its WACC of 10.07%, resulting in a ROIC to WACC ratio of 1.62. This indicates that Copart is generating returns above its cost of capital, which is a positive sign for investors. In comparison, Verisk Analytics boasts a higher ROIC of 25.62% and a lower WACC of 7.58%, leading to a superior ROIC to WACC ratio of 3.38, suggesting more efficient capital use.

ANSYS, with a ROIC of 8.19% and a WACC of 9.01%, has a ROIC to WACC ratio of 0.91, indicating that its returns do not cover its cost of capital. This contrasts with Cintas Corporation, which has a ROIC of 25.74% and a WACC of 9.86%, resulting in a strong ROIC to WACC ratio of 2.61, reflecting effective capital management.

CDW Corporation's ROIC of 15.54% against a WACC of 7.83% yields a ROIC to WACC ratio of 1.99, showing efficient capital utilization. However, Old Dominion Freight Line leads with a ROIC of 30.29% and a WACC of 8.54%, achieving the highest ROIC to WACC ratio of 3.55 among the peers, highlighting its superior capital allocation strategy.