COPART INC

10-K & 10-Q Filings

Copart, Inc. is a leading global provider of online auctions and vehicle remarketing services with operations in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. The company's business involves facilitating the sale of vehicles, primarily on behalf of insurance companies, through its Virtual Bidding Third Generation (VB3) internet auction platform. Copart generates revenue primarily from auction and auction-related sales transaction fees and also purchases vehicles for resale. The company's service offerings include transportation, title processing, and vehicle inspection stations, among others. Copart's business strategy includes expanding its global presence, offering comprehensive services to vehicle sellers and members, and utilizing technology to enhance its business. The company's website is www.copart.com and its ticker symbol is CPRT.

12 mos ending Jul 31, 201212 mos ending Jul 31, 201312 mos ending Jul 31, 201412 mos ending Jul 31, 201512 mos ending Jul 31, 201612 mos ending Jul 31, 201712 mos ending Jul 31, 201812 mos ending Jul 31, 201912 mos ending Jul 31, 202012 mos ending Jul 31, 202112 mos ending Jul 31, 202212 mos ending Jul 31, 20236 mos ending Jan 31, 20236 mos ending Jan 31, 2024CAGR %YoY %Revenue (+)
$924.19
1046.39
1163.49
1146.08
1268.45
1447.98
1805.69
2041.96
2205.58
2672.26
3484.23
3935.45
1869.00
2106.53
14.08%12.71%Cost of Revenue (-)
$
0.00
0.00
0.00
2132.53
1054.11
1112.39
5.53%Gross Profit (+)
$409.62
420.92
468.57
483.38
544.59
632.03
762.37
898.34
1007.80
1322.84
1589.53
1802.92
814.88
994.13
14.42%22.00%Selling, General & Administrative (-)
$114.49
137.93
164.53
138.97
138.12
151.36
176.89
181.87
191.70
206.66
231.22
250.42
118.95
152.90
7.37%28.53%Non-recurring Operating Expenses (-)
$8.77
29.10
19.36
1.13
Operating Expenses (-)
$637.84
763.39
888.55
801.68
861.98
986.68
1221.35
1325.48
1389.48
1556.09
2125.92
250.42
118.95
152.90
-8.15%28.53%Costs & Expenses (Total) (-)
$637.84
763.39
888.56
801.68
861.98
986.68
1221.35
1325.48
1389.48
1556.09
2125.92
2382.95
1173.07
1265.29
12.73%7.86%Operating Income/Loss (+)
$286.35
282.99
274.93
344.40
406.47
461.30
584.35
716.48
816.10
1136.43
1375.00
1486.57
677.03
775.28
16.15%14.51%Non-operating Income/Expense (+)
$-8.30
-6.12
-4.90
-12.33
-10.61
-21.20
-21.83
-11.52
-15.26
-14.58
-34.04
67.76
13.18
58.79
346.09%Interest Expense (-)
$11.34
10.27
8.77
18.12
23.61
23.78
20.37
19.81
20.23
Earnings before Tax (+)
$278.06
276.87
270.04
332.07
395.87
440.10
562.51
704.95
800.84
1121.85
1340.95
1554.33
690.21
834.06
16.94%20.84%Tax Expense (-)
$95.94
96.85
91.35
112.29
125.50
45.84
144.50
113.26
100.93
185.35
250.82
316.59
150.68
176.00
11.46%16.81%Income/Loss (Continuing Operations) (+)
$182.12
180.03
178.69
219.78
270.36
394.26
418.01
591.69
699.91
936.50
1090.13
1237.74
539.52
658.06
19.03%21.97%Profit/Loss (+)
$
394.26
418.01
591.69
699.91
936.50
658.06
Net Income/Loss (NCI) (-)
$
0.03
0.14
-0.10
Net Income/Loss (+)
$182.12
180.03
178.69
219.78
270.36
394.23
417.87
591.69
699.91
936.50
1090.13
1237.74
539.52
658.16
19.03%21.99%Net Income/Loss (Common) (+)
$182.12
180.03
178.69
219.78
270.36
394.23
417.87
591.69
699.91
936.50
1090.13
1237.74
539.52
658.16
19.03%21.99%EPS (Basic)
$1.42
1.44
1.42
1.75
2.36
1.72
1.80
2.57
3.00
3.96
4.59
1.30
1.13
0.69
-0.80%-38.94%EPS (Diluted)
$1.39
1.39
1.36
1.67
2.21
1.66
1.73
2.46
2.93
3.90
4.52
1.28
1.12
0.68
-0.75%-39.29%Weighted Avg Shares (Basic)
128.12
124.91
0.13
125.91
114.42
228.69
231.79
230.49
233.20
236.25
237.42
953.57
476.24
959.33
20.02%101.44%Weighted Avg Shares (Diluted)
131.43
129.78
0.13
131.43
122.15
237.02
241.88
240.45
238.66
240.29
241.15
966.65
482.24
973.13
19.89%101.80%Cash
$140.11
63.63
158.67
456.01
155.85
210.10
274.52
186.32
477.72
1048.26
1384.24
957.39
1660.95
1256.95
19.09%-24.32%Receivables
$138.97
182.71
196.99
215.70
266.27
311.85
351.60
367.26
350.21
480.63
578.57
702.04
765.19
846.36
15.86%10.61%Inventory
$8.49
10.74
7.26
8.61
10.39
10.16
16.73
20.94
20.08
44.97
58.79
39.97
52.07
42.81
15.12%-17.78%Prepaid Expenses (Current)
$9.15
15.34
19.50
19.82
18.00
17.62
16.66
16.57
15.33
14.29
18.73
26.31
26.53
36.31
10.07%36.85%Other Assets (Current)
$25.57
34.03
29.87
34.44
48.79
37.54
49.60
96.07
100.42
114.46
162.12
1536.89
134.03
1566.06
45.12%1068.40%Assets (Current)
$322.29
306.45
412.29
734.58
499.31
587.26
709.12
687.17
963.76
1702.61
2202.45
3262.60
2638.78
3748.49
23.42%42.05%Property, Plant & Equipment (Net)
$587.16
677.52
692.38
700.40
816.79
944.06
1163.42
1427.73
2060.17
2416.11
2602.07
2952.48
2762.93
3155.55
15.82%14.21%Goodwill & Intangibles
$204.42
285.17
309.02
289.71
271.96
416.18
402.13
388.48
391.39
401.59
456.63
456.99
455.23
594.61
7.59%30.62%Other Assets
$41.19
65.34
93.11
75.26
61.76
35.00
33.03
44.25
39.93
41.83
47.71
65.81
75.47
99.87
4.35%32.34%Assets (Non-current)
$832.77
1028.03
1094.51
1065.37
1150.51
1395.24
1598.58
1860.45
2491.50
2859.53
3106.41
3475.28
3293.63
3850.03
13.87%16.89%Assets (Total)
$1155.07
1334.48
1506.80
1799.95
1649.82
1982.50
2307.70
2547.62
3455.26
4562.14
5308.86
6737.88
5932.41
7598.52
17.39%28.08%Accounts Payable
$106.04
141.39
160.44
155.73
198.00
214.89
271.62
274.40
322.24
377.59
399.03
445.18
443.09
478.60
13.93%8.01%Debt (Current)
$75.17
92.34
79.67
53.67
76.15
82.16
1.15
1.14
0.75
Other Liabilities (Current)
$6.17
4.83
4.17
3.72
4.63
5.11
4.49
6.47
33.05
43.45
41.86
47.59
44.53
47.43
20.40%6.50%Liabilities (Current)
$187.38
238.56
244.28
213.13
278.78
302.15
277.26
282.00
356.04
421.03
440.89
492.77
487.62
526.02
9.19%7.87%Debt (Non-current)
$368.95
296.41
223.23
592.13
564.34
550.88
398.75
400.09
397.04
397.64
2.00
10.90
1.95
0.45
-27.40%-76.72%Other Liabilities
$37.61
37.11
35.79
30.23
32.24
30.87
50.60
87.14
212.67
214.28
240.38
246.77
229.19
259.33
18.65%13.15%Liabilities (Non-current)
$406.56
333.52
259.02
622.36
596.58
581.75
449.34
487.23
609.70
611.91
242.38
257.67
231.13
259.78
-4.06%12.40%Liabilities (Total)
$593.95
572.08
503.31
835.49
875.36
883.90
726.60
769.24
965.75
1032.94
683.26
750.44
718.76
785.81
2.15%9.33%Retained Earnings
$272.96
440.78
619.00
625.44
491.19
745.37
1162.15
1338.33
1937.85
2868.20
3956.41
5189.44
4495.10
5845.44
30.70%30.04%AOCI
$-38.04
-47.16
-20.06
-68.79
-109.19
-100.68
-107.93
-132.53
-121.09
-100.86
-169.37
-141.01
-156.51
-145.28
7.17%Shareholder's Equity
$561.12
762.40
1003.50
964.46
774.46
1098.60
1581.10
1778.38
2489.52
3529.20
4625.60
5987.44
5213.65
6787.60
24.01%30.19%Liabilities & Equity
$1155.07
1334.48
1506.80
1799.95
1649.82
1982.50
2307.70
2547.62
3455.26
4562.14
5308.86
6737.88
5932.41
7598.52
17.39%28.08%Net Income/Loss
$182.12
180.03
178.69
219.78
270.36
394.26
418.01
591.69
699.91
936.50
1090.13
1237.74
539.52
658.06
19.03%21.97%Depreciation & Amortization
$48.17
56.73
53.73
48.89
49.64
57.44
79.04
85.33
104.26
123.08
138.60
159.68
78.09
88.48
11.51%13.31%Increase/Decrease in Working Capital
$0.65
-78.06
-25.69
21.65
16.13
20.79
8.21
73.91
-66.16
95.82
125.49
88.28
140.21
222.41
56.24%58.62%Share-based Compensation
$21.79
19.56
22.10
18.15
20.86
20.84
23.22
23.45
23.32
40.92
38.97
39.67
20.32
17.68
5.60%-13.02%Adjustments to Reconcile Net Income
$47.55
19.30
83.91
45.29
62.14
97.80
117.04
54.95
217.98
54.40
86.55
126.47
-39.69
-121.02
9.30%-204.90%Net Cash (Operating)
$229.67
199.33
262.59
265.08
332.50
492.06
535.07
646.65
917.88
990.89
1176.68
1364.21
499.83
537.04
17.58%7.44%Capital Expenditure
$48.09
208.02
92.10
81.92
173.25
335.79
288.48
356.27
601.21
465.47
442.31
485.46
242.37
266.56
23.39%9.98%Net Cash (Investing)
$-48.09
-208.02
-92.10
-81.92
-172.88
-335.79
-288.48
-356.27
-601.21
-465.47
-442.31
-1892.05
-242.37
-247.68
-2.19%Increase/Decrease in Debt
$68.75
-80.37
-91.29
348.94
-6.03
-7.00
-231.00
-1.06
-1.12
-417.29
10.55
-0.01
-10.83
-15.67%-83215.38%Increase/Decrease in Equity
$-201.64
-13.06
1.77
-235.18
-455.70
35.46
50.31
-323.42
77.10
48.18
36.52
60.78
16.18
19.44
20.18%Interest Expenses
$11.33
10.27
8.77
18.12
23.61
23.22
20.34
19.29
19.73
19.72
18.54
2.61
0.71
2.04
-12.48%188.39%Net Cash (Financing)
$-114.87
-65.89
-76.82
120.36
-448.50
-106.97
-182.04
-370.30
-27.41
40.92
-382.69
66.61
15.33
6.45
-57.95%Cash Taxes Paid
$106.58
95.18
82.81
109.92
127.98
14.01
142.16
82.45
83.77
178.24
263.23
257.51
98.32
188.48
8.35%91.69%Effect of Exchange Rate
$-0.61
-1.90
1.37
-6.18
-11.29
4.96
-0.14
-8.28
2.14
4.20
-15.70
34.38
3.92
3.75
-4.39%Increase/Decrease in Cash
$66.10
-76.48
95.04
297.34
-300.16
54.25
64.42
-88.20
291.40
570.54
335.98
-426.84
276.72
299.55
8.25%Cash (Beginning)
$74.01
140.11
63.63
158.67
456.01
155.85
210.10
274.52
186.32
477.72
1048.26
1384.24
1384.24
957.39
30.51%-30.84%Cash (Ending)
$140.11
63.63
158.67
456.01
155.85
210.10
274.52
186.32
477.72
1048.26
1384.24
957.39
1660.95
1256.95
19.09%-24.32%NOPAT
$176.59
185.71
190.62
230.39
275.06
446.61
436.67
632.68
730.73
955.87
1105.09
1240.28
580.58
600.08
19.39%3.36%Gross Margin %
44.32%
40.23%
40.27%
42.18%
42.93%
43.65%
42.22%
43.99%
45.69%
49.50%
45.62%
45.81%
43.60%
47.19%
Operating Margin %
30.98%
27.04%
23.63%
30.05%
32.04%
31.86%
32.36%
35.09%
37.00%
42.53%
39.46%
37.77%
36.22%
36.80%
NOPAT Margin %
19.11%
17.75%
16.38%
20.10%
21.68%
30.84%
24.18%
30.98%
33.13%
35.77%
31.72%
31.52%
31.06%
28.49%
Net Margin %
19.71%
17.20%
15.36%
19.18%
21.31%
27.23%
23.14%
28.98%
31.73%
35.05%
31.29%
31.45%
28.87%
31.24%
Tax Rate %
38.33%
34.38%
30.67%
33.10%
32.33%
3.18%
25.27%
11.70%
10.46%
15.89%
19.63%
16.57%
14.25%
22.60%
ROA
15.29%
13.92%
12.65%
12.80%
16.67%
22.53%
18.92%
24.83%
21.15%
20.95%
20.82%
18.41%
9.79%
7.90%
ROE
31.47%
24.36%
19.00%
23.89%
35.52%
40.65%
27.62%
35.58%
29.35%
27.08%
23.89%
20.71%
11.14%
8.84%
ROIC
18.96%
17.02%
16.17%
19.34%
21.00%
27.45%
23.51%
29.71%
26.88%
29.63%
30.33%
30.23%
15.35%
13.69%
Asset Turnover
0.80
0.78
0.77
0.64
0.77
0.73
0.78
0.80
0.64
0.59
0.66
0.58
0.32
0.28
Inventory Turnover
0.00
0.00
0.00
53.35
20.24
25.98
Equity Multiplier
2.06
1.75
1.50
1.87
2.13
1.80
1.46
1.43
1.39
1.29
1.15
1.13
1.14
1.12
Current Ratio
1.72
1.28
1.69
3.45
1.79
1.94
2.56
2.44
2.71
4.04
5.00
6.62
5.41
7.13
Quick Ratio
1.49
1.03
1.46
3.15
1.51
1.73
2.26
1.96
2.33
3.63
4.45
3.37
4.98
4.00
Debt/Equity Ratio
0.79
0.51
0.30
0.67
0.83
0.58
0.25
0.23
0.16
0.11
0.00
0.00
0.00
0.00
Interest Coverage Ratio
25.27
27.56
31.36
19.01
17.22
19.87
28.72
37.14
41.37
57.62
74.17
568.70
958.96
380.78
Working Capital/Sales
0.15
0.12
0.15
0.18
0.17
0.18
0.16
0.15
0.12
0.15
0.17
0.18
0.30
0.30
Total Payout
$144.22
103.70
98.29
-95.64
485.34
-5.24
201.03
342.70
-56.31
-27.34
399.31
-68.71
-15.46
-6.58
57.46%Payout Ratio %
81.67%
55.84%
51.56%
-41.51%
176.45%
-1.17%
46.04%
54.17%
-7.71%
-2.86%
36.13%
-5.54%
-2.66%
-1.10%