Market Summary
USD75.18+1.70
Market Closed2.31%
CPRT Alerts
CPRT Stock Price
CPRT RSI Chart
CPRT Valuation
CPRT Price/Sales (Trailing)
CPRT Profitability
CPRT Fundamentals
CPRT Revenue
CPRT Earnings
Price Action
52 Week Range
51.1175.33
(Low)(High)
Last 7 days
4.2%
Last 30 days
4.3%
Last 90 days
20.7%
Trailing 12 Months
15.3%
CPRT Financial Health
CPRT Investor Care
Peers (Alternatives to Copart)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
WM | 65.9B | 19.7B | 7.86% | 1.30% | 29.44 | 3.34 | 9.85% | 23.24% |
CTAS | 47.5B | 8.4B | 6.65% | 9.10% | 36.95 | 5.67 | 12.71% | 11.63% |
RSG | 42.7B | 13.5B | 4.59% | 0.82% | 28.69 | 3.16 | 19.62% | 15.28% |
CPRT | 35.0B | 3.7B | 4.29% | 15.33% | 32.37 | 9.53 | 16.24% | -0.79% |
ROL | 18.3B | 2.7B | 5.68% | 5.88% | 49.7 | 6.8 | 11.20% | 3.37% |
| MID-CAP | ||||||||
RBA | 6.1B | 1.7B | -9.48% | -5.56% | 19.21 | 3.54 | 17.56% | 161.62% |
IAA | 5.3B | 2.1B | -7.80% | 0.87% | 18.25 | 2.54 | 14.23% | -0.68% |
MSA | 5.2B | 1.5B | -1.61% | -1.90% | 28.86 | 3.39 | 9.13% | 741.75% |
UNF | 3.2B | 2.1B | -11.52% | -4.73% | 31.26 | 1.58 | 10.23% | -27.47% |
MGRC | 2.3B | 733.8M | -10.15% | 10.53% | 19.57 | 3.07 | 18.97% | 28.35% |
| SMALL-CAP | ||||||||
KAR | 1.4B | 1.5B | -7.07% | -26.47% | 6 | 0.95 | -7.48% | 262.71% |
MATW | 1.1B | 1.8B | -6.60% | 12.50% | -14.15 | 0.61 | 2.91% | -409.61% |
HCSG | 1.0B | 1.7B | 3.54% | -21.79% | 29.4 | 0.6 | 2.94% | -24.49% |
PBI | 656.0M | 3.5B | -13.13% | -26.36% | 17.76 | 0.19 | -3.69% | 2834.27% |
JAN | 3.7M | 39.1M | -27.12% | -70.68% | -2.28 | 0.09 | 1.41% | 80.76% |
Financials for Copart
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 2.5% | 3,673 | 3,584 | 3,501 | 3,366 | 3,160 |
| Operating Expenses | - | 2,126 | - | - | - | - |
| S&GA Expenses | 2.1% | 239 | 234 | 231 | 230 | 220 |
| Costs and Expenses | 4.3% | 2,320 | 2,226 | 2,090 | 1,875 | - |
| EBITDA | 4.0% | 1,526 | 1,467 | 1,463 | 1,450 | - |
| EBITDA Margin | 1.5% | 0.42* | 0.41* | 0.42* | 0.43* | - |
| Earnings Before Taxes | 2.6% | 1,363 | 1,328 | 1,341 | 1,337 | 1,290 |
| EBT Margin | 0.1% | 0.37* | 0.37* | 0.38* | 0.40* | - |
| Interest Expenses | 264.2% | 12.00 | -7.16 | -16.69 | -19.05 | -19.91 |
| Net Income | 0.6% | 1,082 | 1,076 | 1,090 | 1,082 | 1,091 |
| Net Income Margin | -1.9% | 0.29* | 0.30* | 0.31* | 0.32* | - |
| Free Cahsflow | 5.6% | 792 | 750 | 839 | 759 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 6.1% | 5,932 | 5,594 | 5,309 | 5,444 | 5,137 |
| Current Assets | 11.6% | 2,639 | 2,365 | 2,202 | 2,457 | 2,189 |
| Cash Equivalents | 7.9% | 1,661 | 1,539 | 1,384 | 1,455 | 972 |
| Inventory | -3.3% | 52.00 | 54.00 | 59.00 | 57.00 | 53.00 |
| Net PPE | 2.9% | 2,656 | 2,582 | 2,486 | 2,403 | 2,376 |
| Goodwill | 2.3% | 404 | 395 | 402 | 348 | 353 |
| Liabilities | -3.0% | 719 | 741 | 683 | 1,091 | 1,047 |
| Current Liabilities | -3.3% | 488 | 504 | 441 | 449 | 418 |
| Long Term Debt | - | 2.00 | - | - | - | - |
| LT Debt, Non Current | -1.2% | 2.00 | 2.00 | 2.00 | 403 | 404 |
| Shareholder's Equity | 7.4% | 5,214 | 4,853 | 4,626 | 4,353 | 4,090 |
| Retained Earnings | 7.0% | 4,495 | 4,202 | 3,956 | 3,694 | 3,415 |
| Additional Paid-In Capital | 3.0% | 875 | 850 | 839 | 812 | 798 |
| Shares Outstanding | 0.1% | 477 | 476 | 476 | 475 | 474 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 4.6% | 1,230 | 1,176 | 1,177 | 1,093 | 1,044 |
| Share Based Compensation | 1.2% | 40.00 | 40.00 | 39.00 | 43.00 | 42.00 |
| Cashflow From Investing | 70.9% | -154 | -530 | -442 | -559 | -712 |
| Cashflow From Financing | 0.9% | -383 | -387 | -382 | 28.00 | 30.00 |
Risks for CPRT
What is the probability of a big loss on CPRT?
57.7%
Probability that Copart stock will be more than 20% underwater in next one year
43.9%
Probability that Copart stock will be more than 30% underwater in next one year.
18.1%
Probability that Copart stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CPRT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Copart was unfortunately bought at previous high price.
Drawdowns
Returns for CPRT
Cumulative Returns on CPRT
24.1%
10-Year Cumulative Returns
32.6%
7-Year Cumulative Returns
23.6%
5-Year Cumulative Returns
26.9%
3-Year Cumulative Returns
What are the long-term rolling returns for CPRT?
FIve years rolling returns for Copart.
Annualized Returns
Which funds bought or sold CPRT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.81 | 864,314 | 7,844,150 | 0.06% |
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 176 | 1,260,250 | 1,841,250 | 0.09% |
2023-03-17 | American Portfolios Advisors | added | 2.28 | 847 | 543,278 | 0.02% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -3.99 | 74,237 | 837,237 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 29.8 | 9,007,860 | 27,556,900 | 0.03% |
2023-03-08 | Capital Asset Advisory Services LLC | reduced | -56.98 | -238,845 | 280,155 | 0.02% |
2023-03-08 | SHEETS SMITH WEALTH MANAGEMENT | reduced | -1.61 | 1,200,280 | 10,711,300 | 1.68% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -4.32 | 204,000 | 2,346,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -7.84 | 38,223 | 743,223 | -% |
2023-03-01 | Regal Investment Advisors LLC | added | 3.68 | 62,865 | 399,865 | 0.04% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
CPRT Alerts
Copart News
Schedule 13G FIlings of Copart
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 01, 2023 | copart inc | 6.01% | 28,678,168 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.08% | 48,003,424 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.1% | 38,372,242 | SC 13G/A | |
| Feb 15, 2022 | copart inc | 6.50% | 10 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 9.57% | 22,698,015 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.2% | 19,448,565 | SC 13G/A | |
| Feb 16, 2021 | johnson willis j | 7.23% | 17,066,362 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 9.49% | 22,405,689 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.6% | 20,382,068 | SC 13G/A | |
| Feb 14, 2020 | copart inc | 8.40% | 19,562,344 | SC 13G/A |
CPRT Fair Value
Copart fair value in different scenarios
The table shows the Fair Value estimates for Copart for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 53.29 -29.12% | 70.89 -5.71% | 98.17 30.58% | 127.73 69.90% | 161.00 114.15% |
| Current Inflation | 48.69 -35.24% | 63.68 -15.30% | 86.46 15.00% | 111.16 47.86% | 138.94 84.81% |
| Very High Inflation | 43.04 -42.75% | 55.03 -26.80% | 72.74 -3.25% | 91.99 22.36% | 113.65 51.17% |
Historical Copart Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Copart
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 01, 2023 | SC 13G/A | Major Ownership Report | |
| Mar 01, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 10-Q | Quarterly Report | |
| Feb 21, 2023 | 8-K | Current Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 03, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for CPRT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-27 | JOHNSON WILLIS J | gifted | - | - | -35,640 | chairman of the board |
2023-02-22 | Blunt Matt | acquired | 708,000 | 23.6 | 30,000 | - |
2023-02-22 | Blunt Matt | sold | -2,080,800 | 69.36 | -30,000 | - |
2022-11-02 | ADAIR A JAYSON | gifted | - | - | -1,640 | co-chief executive officer |
2022-06-06 | Blunt Matt | sold | -1,157,200 | 115 | -10,000 | - |
2022-06-06 | Blunt Matt | acquired | 471,900 | 47.19 | 10,000 | - |
2022-05-31 | TRYFOROS THOMAS N | sold | -1,261,890 | 114 | -11,000 | - |
2022-05-31 | TRYFOROS THOMAS N | acquired | 137,280 | 12.48 | 11,000 | - |
2022-05-25 | Englander Daniel J | sold | -8,862,400 | 110 | -80,000 | - |
2022-05-25 | Englander Daniel J | acquired | 1,200,800 | 15.01 | 80,000 | - |
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.
CPRT Income Statement
2023-01-31Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jan. 31, 2023 | Jan. 31, 2022 | Jan. 31, 2023 | Jan. 31, 2022 | |
| Service revenues and vehicle sales | $ 956,724 | $ 867,460 | $ 1,850,096 | $ 1,677,592 |
| Operating expenses: | ||||
| Yard operations | 375,497 | 323,814 | 748,274 | 622,508 |
| Cost of vehicle sales | 154,727 | 140,304 | 305,839 | 266,712 |
| General and administrative | 60,975 | 56,014 | 118,955 | 110,923 |
| Total operating expenses | 591,199 | 520,132 | 1,173,068 | 1,000,143 |
| Operating income | 365,525 | 347,328 | 677,028 | 677,449 |
| Other expense: | ||||
| Interest income (expense), net | 14,480 | (4,433) | 18,902 | (9,540) |
| Other expense, net | (2,902) | (840) | (5,724) | (28) |
| Total other income (expense) | 11,578 | (5,273) | 13,178 | (9,568) |
| Income before income taxes | 377,103 | 342,055 | 690,206 | 667,881 |
| Income tax expense | 83,426 | 54,643 | 150,681 | 120,106 |
| Net income | $ 293,677 | $ 287,412 | $ 539,525 | $ 547,775 |
| Basic net income per common share (in dollars per share) | $ 0.62 | $ 0.61 | $ 1.13 | $ 1.15 |
| Weighted average common shares outstanding (in shares) | 476,376 | 474,372 | 476,237 | 474,334 |
| Diluted net income per common share (in dollars per share) | $ 0.61 | $ 0.60 | $ 1.12 | $ 1.14 |
| Diluted weighted average common shares outstanding (in shares) | 482,536 | 482,374 | 482,238 | 482,488 |
| Service revenues | ||||
| Service revenues and vehicle sales | $ 789,797 | $ 711,090 | $ 1,516,637 | $ 1,378,908 |
| Vehicle sales | ||||
| Service revenues and vehicle sales | $ 166,927 | $ 156,370 | $ 333,459 | $ 298,684 |
CPRT Balance Sheet
2023-01-31Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Jan. 31, 2023 | Jul. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash, cash equivalents, and restricted cash | $ 1,660,952 | $ 1,384,236 |
| Accounts receivable, net | 765,192 | 578,573 |
| Vehicle pooling costs | 133,598 | 112,242 |
| Inventories | 52,071 | 58,791 |
| Income taxes receivable | 436 | 49,882 |
| Prepaid expenses and other assets | 26,532 | 18,731 |
| Total current assets | 2,638,781 | 2,202,455 |
| Property and equipment, net | 2,656,273 | 2,485,764 |
| Operating lease right-of-use assets | 106,656 | 116,303 |
| Intangibles, net | 51,186 | 54,680 |
| Goodwill | 404,046 | 401,954 |
| Other assets | 75,466 | 47,708 |
| Total assets | 5,932,408 | 5,308,864 |
| Current liabilities: | ||
| Accounts payable and accrued liabilities | 439,271 | 399,034 |
| Deferred revenue | 23,796 | 20,061 |
| Income taxes payable | 3,820 | 0 |
| Current portion of operating and finance lease liabilities | 20,736 | 21,794 |
| Total current liabilities | 487,623 | 440,889 |
| Deferred income taxes | 76,471 | 80,060 |
| Income taxes payable | 65,322 | 64,637 |
| Operating and finance lease liabilities, net of current portion | 87,394 | 95,683 |
| Long-term debt and other liabilities | 1,946 | 1,996 |
| Total liabilities | 718,756 | 683,265 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued | 0 | 0 |
| Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 476,564,148 and 476,081,948 shares issued and outstanding, respectively. | 48 | 48 |
| Additional paid-in capital | 875,009 | 838,508 |
| Accumulated other comprehensive loss | (156,507) | (169,365) |
| Retained earnings | 4,495,102 | 3,956,408 |
| Total stockholders’ equity | 5,213,652 | 4,625,599 |
| Total liabilities and stockholders’ equity | $ 5,932,408 | $ 5,308,864 |