Copart, founded in 1982, connects buyers and sellers around the world. Copart remarkets salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users through Internet sales utilizing its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet owners, car dealerships, cars sourced from the general public and others. The company currently operates in the United States and Canada, the United Kingdom, Brazil, Germany, the United Arab Emirates and Spain. Copart links sellers to more than 750,000 members in over 150 countries through our multi-channel online platform. Copart has a diverse and extensive inventory of nearly 100,000 vehicles each day including early and late model cars, classics, trucks, SUVs, motorcycles, boats, jetskis, snowmobiles and RVs. Vehicles conditions range from damaged cars that can be used as project vehicles for repair and automotive enthusiasts to non-damaged vehicles that need nothing more than a turn-of-a-key. Because Copart is an online auction, members of our site can set their own price and get great deals. If you are the highest bidder in the auction, you win the auction! And winning is awesome! Also, members can shop our incredible inventory and find exactly what they need without ever leaving the comfort and convenience of their home computer.

Type
Public
HQ
Dallas, US
Founded
1982
Size (employees)
4,844 (est)+14%
Website
copart.com
Copart was founded in 1982 and is headquartered in Dallas, US

Copart Office Locations

Copart has offices in Dallas, Los Angeles, San Diego, New York and in 42 other locations
Dallas, US (HQ)
300 14185 Dallas Pkwy

Copart Metrics

Copart Financial Metrics

Revenue (2016)

$1.3 b

Revenue growth (2015-16), %

11%

Gross profit

$1.1 b

Gross profit margin (2016), %

89%

Net income (2016)

$270.4 m

Market capitalization (21-Mar-2017)

$7.1 b

Closing share price (21-Mar-2017)

$61.8

Cash (31-Jul-2016)

$155.8 m
Copart's current market capitalization is $7.1 b.
Copart's revenue was reported to be $1.3 b in FY, 2016 which is a 10.7% increase from the previous period.
FY, 2015FY, 2016

Revenue

$1.1 b$1.3 b

Revenue growth, %

11%

Gross profit

$1 b$1.1 b

Gross profit Margin, %

88%89%

Operating expense total

$801.7 m$862 m

EBIT

$344.4 m$407.4 m

EBIT margin, %

30%32%

Net Income

$219.8 m$270.4 m
FY, 2014FY, 2015FY, 2016

Cash

$158.7 m$456 m$155.8 m

Accounts Receivable

$197 m$215.7 m$266.3 m

Inventories

$7.3 m$8.6 m$10.4 m

Current Assets

$412.3 m$734.6 m$499.3 m

PP&E

$692.4 m$700.4 m$816.8 m

Goodwill

$283.8 m$271.9 m$260.2 m

Total Assets

$1.5 b$1.8 b$1.6 b

Accounts Payable

Total Debt

$302.9 m$645.8 m

Current Liabilities

$244.3 m$213.1 m$278.8 m

Additional Paid-in Capital

$404.5 m$407.8 m$392.4 m

Retained Earnings

$619 m$625.4 m$491.2 m

Total Equity

$1 b$964.5 m$774.5 m

Debt to Equity Ratio

0.3 x0.7 x

Debt to Assets Ratio

0.2 x0.4 x

Financial Leverage

1.5 x1.9 x2.1 x
FY, 2014FY, 2015FY, 2016

Net Income

$178.7 m$219.8 m$270.4 m

Depreciation and Amortization

$53.7 m$48.9 m

Accounts Receivable

($13 m)($20 m)($54 m)

Inventories

$4 m($1.7 m)($2.5 m)

Accounts Payable

Cash From Operating Activities

$262.6 m$265.1 m$332.5 m

Purchases of PP&E

($81.5 m)($79.2 m)($173.9 m)

Cash From Investing Activities

($92.1 m)($81.9 m)($172.9 m)

Long-term Borrowings

($75 m)($350 m)($337.5 m)

Interest Paid

$8.8 m$18.1 m$23.6 m

Income Taxes Paid

$82.8 m$109.9 m$128 m

Copart Market Value History

Copart Median Salaries

Source: 115 public H-1B filings from Copart

Copart Online Presence

Copart Company Life

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