Saturday 17 October 2026
Export CPRT’s income statement to Excel — free account
Copart, Inc.
CPRT Industrials Specialty Business Services
Copart, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $4.7 billion, roughly unchanged from fiscal 2025. In the quarter to July 2026, revenue grew 2.43%, EPS fell 14.6% and free cash flow fell 27.0%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.
27.87
0.12
+0.43%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to July
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 6.91 | 9.80 | 11.66 | 13.92 | 25.48 | 25.55 | 30.26 | 46.21 | 38.18 | 25.72 |
Analyst estimates 2027–2029 Powerpack |
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| High | 11.19 | 16.77 | 23.10 | 32.74 | 40.28 | 38.05 | 51.53 | 64.38 | 63.85 | 41.79 | |||||
| People | |||||||||||||||
| People | Employees | 5,323 | 6,026 | 7,327 | 7,600 | 8,600 | 9,500 | 10,200 | 11,700 | 11,600 | 11,900 | ||||
| Revenue/emp, $m | 0.27 | 0.30 | 0.28 | 0.29 | 0.31 | 0.37 | 0.38 | 0.36 | 0.40 | 0.39 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 1,448 | 1,806 | 2,042 | 2,206 | 2,693 | 3,501 | 3,870 | 4,237 | 4,647 | 4,666 | ||||
| Gross margin, % | 43.65 | 42.22 | 43.99 | 45.69 | 49.88 | 45.88 | 44.89 | 45.02 | 45.18 | 44.66 | |||||
| EBT | 440 | 563 | 705 | 801 | 1,122 | 1,341 | 1,554 | 1,715 | 1,896 | 1,835 | |||||
| EBT margin, % | 30.39 | 31.15 | 34.52 | 36.31 | 41.67 | 38.30 | 40.17 | 40.47 | 40.79 | 39.32 | |||||
| Net income | 394 | 418 | 592 | 700 | 936 | 1,090 | 1,238 | 1,362 | 1,548 | 1,480 | |||||
| Depreciation | 57 | 79 | 85 | 104 | 123 | 139 | 160 | 190 | 218 | 238 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 1.58 | 1.95 | 2.21 | 2.36 | 2.85 | 3.69 | 4.06 | 4.41 | 4.81 | 4.91 | ||||
| Earnings | 0.43 | 0.45 | 0.64 | 0.75 | 0.99 | 1.15 | 1.30 | 1.42 | 1.61 | 1.56 | |||||
| Cash flow | 0.54 | 0.58 | 0.70 | 0.98 | 1.05 | 1.24 | 1.43 | 1.53 | 1.86 | 1.69 | |||||
| Capex | (0.36) | (0.31) | (0.39) | (0.63) | (0.49) | (0.46) | (0.51) | (0.51) | (0.56) | (0.35) | |||||
| Free cash flow | 0.17 | 0.26 | 0.32 | 0.35 | 0.56 | 0.78 | 0.92 | 1.02 | 1.31 | 1.34 | |||||
| Book value | 1.20 | 1.71 | 1.93 | 2.67 | 3.73 | 4.87 | 6.28 | 7.83 | 9.52 | 9.58 | |||||
| Shares, m | 915 | 927 | 922 | 933 | 945 | 950 | 954 | 961 | 965 | 950 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 18.20 | 31.71 | 30.05 | 31.08 | 36.88 | 28.08 | 34.13 | 36.59 | 28.16 | 18.67 | ||||
| P/S | 4.97 | 7.37 | 8.75 | 9.86 | 12.81 | 8.74 | 10.89 | 11.87 | 9.42 | 5.93 | |||||
| P/B | 6.55 | 8.42 | 10.05 | 8.73 | 9.78 | 6.62 | 7.04 | 6.68 | 4.76 | 3.04 | |||||
| EV/Sales | 5.26 | 7.44 | 8.86 | 9.83 | 12.58 | 8.35 | 10.29 | 11.06 | 8.41 | 4.99 | |||||
| EV/FCF | 47.69 | 54.86 | 62.29 | 73.79 | 69.00 | 39.87 | 45.36 | 47.84 | 31.07 | 18.31 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 492 | 535 | 647 | 918 | 991 | 1,177 | 1,364 | 1,473 | 1,800 | 1,604 | ||||
| Capex | (332) | (290) | (356) | (590) | (465) | (440) | (483) | (489) | (538) | (330) | |||||
| Free cash flow | 160 | 245 | 290 | 328 | 525 | 737 | 881 | 983 | 1,261 | 1,275 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 285 | 432 | 405 | 608 | 1,282 | 1,762 | 2,770 | 3,790 | 5,071 | 4,864 | ||||
| Total debt | 633 | 400 | 400 | 397 | 398 | 2 | 11 | — | — | — | |||||
| Net debt | 423 | 125 | 214 | (81) | (651) | (1,382) | (2,353) | (3,422) | (4,789) | (4,490) | |||||
| Shareholders’ equity | 1,099 | 1,581 | 1,778 | 2,490 | 3,529 | 4,626 | 5,987 | 7,524 | 9,187 | 9,097 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 21.71 | 19.48 | 24.37 | 23.32 | 23.36 | 22.09 | 20.55 | 17.98 | 16.77 | 14.76 | ||||
| ROIC | 18.95 | 21.40 | 22.48 | 21.18 | 24.67 | 26.50 | 25.56 | 23.95 | 24.11 | 22.42 | |||||
| ROE | 42.09 | 31.19 | 35.23 | 32.80 | 31.12 | 26.74 | 23.32 | 20.18 | 18.58 | 16.24 | |||||
Negative figures in brackets.
Fiscal years to Jul 2026 · latest quarter Jul 2026 · fundamentals updated 1 Oct 2026
Charts ten years each
Copart, Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CTAS Cintas Corporation | $84.6B | 41.7× | 33.1× | +10.88% (above 0%: growing) | +12.50% (above 0%: growing) | +48.72% (above 0%: growing) | 51.54% | 23.62% | Compare |
| RELX RELX PLC | $66.7B | 17.9× | — | +20.81% (above 0%: growing) | +23.32% (above 0%: growing) | +20.95% (above 0%: growing) | 61.32% | 0.00% | Compare |
| CPRT Copart, Inc. | $25.7B | 17.9× | 18.5× | +2.43% (above 0%: growing) | −14.63% (below 0%: shrinking) | −26.98% (below 0%: shrinking) | 41.78% | 32.01% | |
| ULS UL Solutions Inc. | $15.0B | 29.2× | 45.9× | +5.15% (above 0%: growing) | +171.11% (above 0%: growing) | −13.33% (below 0%: shrinking) | 51.10% | 18.38% | Compare |
| ARMK Aramark | $14.5B | 37.9× | 29.0× | +9.33% (above 0%: growing) | +37.04% (above 0%: growing) | +125.89% (above 0%: growing) | 8.51% | 4.26% | Compare |
| RTO Rentokil Initial PLC | $10.5B | 61.8× | 29.4× | +66.96% (above 0%: growing) | +6.36% (above 0%: growing) | +7.92% (above 0%: growing) | 13.59% | 0.00% | Compare |
| DLB Dolby Laboratories | $5.7B | 25.2× | 16.5× | −3.34% (below 0%: shrinking) | −37.50% (below 0%: shrinking) | +157.37% (above 0%: growing) | 86.78% | 11.25% | Compare |
| AMTM Amentum Holdings, Inc. | $4.7B | 23.5× | 21.9× | −1.99% (below 0%: shrinking) | +575.00% (above 0%: growing) | +35.00% (above 0%: growing) | 10.32% | 4.93% | Compare |
| UNF Unifirst Corporation | $4.6B | 39.7× | 39.4× | +3.87% (above 0%: growing) | −48.20% (below 0%: shrinking) | −21.68% (below 0%: shrinking) | 37.00% | 3.63% | Compare |
| Median of peers | $12.5B | 33.5× | 29.4× | +7.24% | +17.91% | +27.98% | 44.05% | 4.60% |
CPRT metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Copart, Inc. (CPRT) key facts
- Concern: Net income was $1.5 billion, or $1.56 per share (basic), a net margin of 31.8%.
- Copart, Inc. (CPRT) is a Specialty Business Services company in the Industrials sector, listed on Nasdaq.
- Copart, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $4.7 billion, roughly unchanged from fiscal 2025.
- As of October 16, 2026, CPRT traded at $27.87, a market capitalization of $25.7 billion.
- At that price the stock trades at 17.9× trailing-twelve-month earnings and 5.7× sales; its P/E is higher than 8% of its own readings over the past ten years.
- Return on equity was 16.2% and debt-to-equity 0.00.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 20.54 (safe zone) for fiscal 2026.
Financial Analysis (summary)
Updated
Copart reported revenue of $4.7 billion, net income of $1.5 billion, and diluted EPS of $1.55 in FY2026. Revenue growth was 0.41% in FY2026 against FY2025, while net income growth was −4.39% and diluted EPS growth was −2.52%. Free cash flow was $1.3 billion in FY2026, and net debt was −$4.5 billion in FY2026.
In Q4 FY2026, revenue was $1.2 billion, operating income was $368.9 million, net income was $326.8 million, and diluted EPS was $0.35. Revenue increased 2.43% in Q4 FY2026 against Q4 FY2025, while diluted EPS declined −14.6%. Gross margin was 41.8% and operating margin was 32.0% in Q4 FY2026.