OverviewSuggest Edit

Copart, Inc. is a provider of online vehicle auction and remarketing services. It provides vehicle sellers with a range of services to process and sell salvage and clean title vehicles over the Internet using its patented virtual auction technology. Copart makes it easy for people to find, bid and win the vehicles that they are looking for. They can choose from classics, early and late model cars and trucks, industrial vehicles and more. 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, users of the Company's site can set their own price and get great deals. 

TypePublic
Founded1982
HQDallas, US
Websitecopart.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Jul 2018)6,026(+14%)
Job Openings535
Revenue (FY, 2018)$1.8 B(+43%)
Share Price (Oct 2019)$81.4

Copart Office Locations

Copart has offices in Dallas, Albany, Arlington, Baltimore and in 42 other locations
Dallas, US (HQ)
14185 Dallas Pkwy #300
Albany, US
Albany, NY, USA
Arlington, US
Arlington, TX, USA
Baltimore, US
Baltimore, MD, USA
Billerica, US
Billerica, MA, USA
Boston, US
Boston, MA, USA
Show all (46)

Copart Financials and Metrics

Copart Revenue

Copart's revenue was reported to be $1.81 b in FY, 2018
USD

Net income (FY, 2019)

591.7m

EBIT (FY, 2019)

716.5m

Market capitalization (11-Oct-2019)

18.9b

Closing stock price (11-Oct-2019)

81.4

Cash (31-Jul-2019)

186.3m
Copart's current market capitalization is $18.9 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.1b1.3b1.8b

Revenue growth, %

11%

General and administrative expense

139.0m138.1m151.4m176.9m181.9m

Operating expense total

801.7m862.0m986.7m1.2b1.3b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

General and administrative expense

42.9m40.1m34.6m32.5m35.7m40.5m37.9m35.7m39.3m40.7m44.4m44.5m43.5m44.1m

Operating expense total

214.9m215.0m202.6m207.6m225.3m241.2m240.7m237.1m295.2m308.2m303.6m309.9m320.2m345.6m

EBIT

65.0m71.5m86.2m92.1m121.9m104.8m108.9m136.8m123.9m150.9m174.6m151.4m164.7m207.5m

Interest expense

2.3m2.2m5.7m5.6m5.7m6.0m6.1m5.9m5.6m5.8m4.4m4.7m5.2m5.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

158.7m456.0m155.8m210.1m274.5m186.3m

Accounts Receivable

197.0m215.7m266.3m311.8m351.6m367.3m

Inventories

7.3m8.6m10.4m10.2m16.7m20.9m

Current Assets

412.3m734.6m499.3m587.3m709.1m687.2m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

178.7m219.8m270.4m418.0m591.7m

Depreciation and Amortization

53.7m48.9m

Inventories

4.0m(1.7m)(2.5m)1.3m(4.0m)(4.7m)

Accounts Payable

5.4m(3.9m)48.3m4.3m53.3m11.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

41.4m86.8m127.6m52.6m104.8m162.4m52.4m111.4m185.4m167.3m233.3m323.9m

Depreciation and Amortization

14.5m27.6m40.3m14.0m25.4m37.6m11.6m23.3m35.9m

Inventories

1.8m1.3m1.4m(553.0k)(1.2m)(1.2m)(511.0k)(1.3m)(3.1m)1.2m1.0m1.0m36.0k(2.5m)(6.7m)(3.3m)(11.6m)(5.7m)

Accounts Payable

6.5m7.7m15.3m(79.0k)77.0k3.7m5.0m(14.8m)(4.6m)1.1m22.2m38.9m28.0m(20.6m)7.3m17.7m
Show all financial metrics

Copart Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

15 12

Locations

182 175 200

Members

400 k750 k750 k

Views

90 m100 m
Show all operating metrics

Copart Revenue Breakdown

Embed Graph

Copart revenue breakdown by business segment: 80.1% from United States and 19.9% from International

Copart Online and Social Media Presence

Embed Graph

Copart News and Updates

Copart Expands Atlanta East, Georgia Location

DALLAS, Aug. 16, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, today announced a 40 acre expansion to its Atlanta East location. This is the second time Copart has expanded this location this year as it continues to execute on its capacity...

Copart Expands Memphis, Tennessee Location

DALLAS, Aug. 6, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company announced the expansion of its Memphis, Tennessee location. Copart added 35 acres to the existing 46-acre facility to meet the needs of its buyers and sellers. This 81-acre location...

Copart Opens New Location in Buffalo, New York

DALLAS, July 17, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT), a global online vehicle auction company today announced the opening of its new location in Buffalo, New York, the second largest city in the state. The Buffalo facility is the sixth in the state and will complement Copart's ...

Copart Opens Second Location in Hartford, Connecticut

DALLAS, July 10, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT), a global online vehicle auction company, opened a new location in Hartford, Connecticut. This location was formerly Hartford-Springfield Auto Auction. This is Copart's second location in the state. "Our new Hartford...

Copart Expands its Chicago South Location

DALLAS, March 29, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, added 44 acres to its Chicago South facility located at 89 E. Sauk Trail, Chicago Heights, Illinois, 60411. With this expansion, the facility is now 80-acres allowing Copart to...

Copart Expands its Austin, Texas Location to Store Additional Vehicles for Auctions

DALLAS, March 14, 2019 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, added 18 acres to its Austin location at 8725 N Interstate 35 New Braunfels, Texas, 78130 to address the substantial growth in the company's business in the area. This property is...
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Copart Frequently Asked Questions

  • When was Copart founded?

    Copart was founded in 1982.

  • How many employees does Copart have?

    Copart has 6,026 employees.

  • Who are Copart competitors?

    Competitors of Copart include CarMax, AutoNation and Toyota Sunnyvale.

  • Where is Copart headquarters?

    Copart headquarters is located at 14185 Dallas Pkwy #300, Dallas.

  • Where are Copart offices?

    Copart has offices in Dallas, Albany, Arlington, Baltimore and in 42 other locations.

  • How many offices does Copart have?

    Copart has 46 offices.