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.
Copart Office Locations
Copart Metrics
Copart Financial Metrics
Revenue (FY, 2016) | $1.3 b |
Revenue growth (FY, 2015 - FY, 2016), % | 11% |
Gross profit (FY, 2016) | $1.1 b |
Gross profit margin (FY, 2016), % | 89% |
Net income (FY, 2016) | $270.4 m |
EBIT (FY, 2016) | $407.4 m |
Market capitalization (23-May-2017) | $6.9 b |
Closing share price (23-May-2017) | $29.7 |
Cash (31-Jul-2016) | $155.8 m |
| FY, 2015 | FY, 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, 2014 | FY, 2015 | FY, 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 x | 0.7 x | |
Debt to Assets Ratio | 0.2 x | 0.4 x | |
Financial Leverage | 1.5 x | 1.9 x | 2.1 x |
| FY, 2014 | FY, 2015 | FY, 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) |
Cash From Financing Activities | ($76.8 m) | $120.4 m | ($448.5 m) |
Interest Paid | $8.8 m | $18.1 m | $23.6 m |
Income Taxes Paid | $82.8 m | $109.9 m | $128 m |
| Y, 2016 | |
|---|---|
Revenue/Employee | $297.3 k |
Financial Leverage | 2.1 x |
