Copart, Inc.

Industrials

NASDAQ:CPRT · NASDAQ Global Select

Market Cap $28.47B Beta 1.00 P/E (TTM) 19.0

$30.75 -0.98%

-$0.31 today

52W Low $29.97High $50.11

Vol 5.03M · Avg 10.91M

EPS (TTM)$1.62

Specialty Business Services

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Income Statement Balance Sheet Cash Flow

Earnings Waterfall

Revenue to Net Income

Income Statement

Key Ratios

EPS$1.61

Gross Margin45.5%

Net Margin33.5%

P/E Ratio25.3

P/S Ratio33.9

Analysis

$4.6B of revenue converted into $1.6B of net income for the selected period. Gross margin is 45.5% and net margin is 33.5%, showing how much revenue survives after costs and taxes. EPS is $1.61, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenue	$4.6B +9.7%	$4.2B +9.5%	$3.9B +10.5%	$3.5B +30.0%	$2.7B	$809.6M	$921.6M	$731.2M
Cost of Revenue	$2.5B +9.3%	$2.3B +9.2%	$2.1B +12.6%	$1.9B +40.4%	$1.3B	$725.6M	$804.0M	$882.4M

Gross Profit	$2.1B +10.1%	$1.9B +9.8%	$1.7B +8.1%	$1.6B +19.6%	$1.3B	$8.9B	$7.6B	$6.2B

Gross Margin	45.2% +0.2pp	45.0% +0.1pp	44.9% -1.0pp	45.9% -4.0pp	49.9%	9.8%	28.9%	38.3%
Research & Development	$0	$0	$0	$0	$0	$983.2M	$1.3B	$490.4M
Selling, General & Admin	$349.0M +4.1%	$335.2M +33.9%	$250.4M +8.3%	$231.2M +11.9%	$206.7M	$620.6M	$923.0M	-$1.5B

Operating Expenses	$402.9M +20.2%	$335.2M +33.9%	$250.4M +8.3%	$231.2M +11.9%	$206.7M	$5.3B	$7.0B	$8.7B
Depreciation & Amortization	$215.8M +13.5%	$190.3M +19.3%	$159.5M +15.6%	$138.0M +13.1%	$122.0M	$374.2M	$1.2B	$631.8M

EBITDA	$2.1B +10.8%	$1.9B +11.1%	$1.7B +14.6%	$1.5B +18.7%	$1.3B	-$15.2B	$6.8B	$9.3B
EBITDA Margin	45.4% +0.5pp	45.0% +0.7pp	44.3% +1.6pp	42.7% -4.1pp	46.8%	5.6%	46.3%	42.0%

Operating Income	$1.7B +7.9%	$1.6B +5.7%	$1.5B +8.1%	$1.4B +21.0%	$1.1B	$12.3B	$14.0B	-$15.7B

Operating Margin	36.5% -0.6pp	37.1% -1.3pp	38.4% -0.9pp	39.3% -2.9pp	42.2%	16.6%	24.1%	22.0%
Interest Income	$178.9M +22.8%	$145.7M +121.0%	$65.9M	$0	$0	-$1.5B	-$1.6B	$405.0M
Interest Expense	$0	$0	$0 -100.0%	$16.7M -17.6%	$20.2M	$1.1B	$1.0B	$1.2B
Other Income / Expenses	$198.9M +39.5%	$142.6M +110.4%	$67.8M +299.0%	-$34.0M -133.5%	-$14.6M	-$1.5B	$1.4B	$1.2B

Income Before Tax	$1.9B +10.6%	$1.7B +10.3%	$1.6B +15.9%	$1.3B +19.5%	$1.1B	$3.3B	$4.9B	$3.6B
Pre-Tax Margin	40.8% +0.3pp	40.5% +0.3pp	40.2% +1.9pp	38.3% -3.4pp	41.7%	20.8%	18.7%	26.2%
Income Tax Expense	$347.2M -1.4%	$352.3M +11.3%	$316.6M +26.2%	$250.8M +35.3%	$185.4M	$1.3B	-$1.6B	$745.2M

Net Income	$1.6B +13.9%	$1.4B +10.1%	$1.2B +13.5%	$1.1B +16.4%	$936.5M	$4.9B	$4.8B	$4.7B

Net Margin	33.4% +1.2pp	32.2% +0.2pp	32.0% +0.8pp	31.1% -3.6pp	34.8%	12.4%	17.5%	22.5%
EPS (Basic)	$2 +13.4%	$1 +9.2%	$1 +13.0%	$1 +16.2%	$1	$400.8M	$703.2M	$1.3B
EPS (Diluted)	$2 +13.6%	$1 +9.4%	$1 +13.3%	$1 +16.5%	$1	$766.2M	$609.4M	$452.6M
Weighted Avg Shares	$965.3M +0.5%	$960.7M +0.8%	$953.6M +0.4%	$949.7M +0.5%	$945.0M	$757.8M	$925.8M	$1.1B
Weighted Avg Shares (Diluted)	$977.6M +0.3%	$974.8M +0.8%	$966.6M +0.2%	$964.6M +0.4%	$961.2M	$1.2B	$924.4M	$678.0M