COPART INC CPRT 74.05
Industrials · NASDAQ · Data as of 2026-10-22
COPART INC (CPRT) has delivered +14.8% annualized revenue growth, +17.9% earnings growth, and n/a dividend growth over 10 years of data. Ranked #188 of 1968 stocks overall and #47 of 442 in the Industrials sector by Steady Score.
About COPART INC
Company Overview
Copart provides online vehicle auctions and related services, primarily for insurance companies disposing of damaged or recovered vehicles. It stores, processes and markets cars, trucks and other vehicles to licensed dismantlers, rebuilders, dealers, exporters and consumers where permitted. Sellers also include dealers, fleet operators, charities and individuals. A global digital auction platform connects vehicles at Copart locations with buyers across many countries.
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Business Model & Revenue
Revenue comes mainly from fees charged to vehicle sellers and buyers for auction, storage, towing, title processing and related services, plus a smaller amount from purchased vehicles. Copart owns or leases large yards and uses online auctions to aggregate global demand without moving inventory to physical sale events. Vehicle assignments, auction returns, storage days, buyer participation, land capacity, labor, towing and catastrophe volumes influence growth and margins.
Key Facts & Market Position
Copart's network of locations, insurer relationships, title-processing expertise and large buyer marketplace create strong network effects and barriers to entry. Online bidding helps maximize recovery values and attracts international demand. Severe weather can increase volumes but strain capacity, while land availability, environmental compliance, vehicle values, export conditions and service execution are important.