STOCK TITAN

Copart Inc (CPRT) Financials

CPRT
FY2026 annual
Revenue $4.7B +0.4% YoY
Net Income $1.5B -4.4% YoY
EPS (Diluted) $1.55 -2.5% YoY
Free Cash Flow $1.3B +3.0% YoY
Market Cap $24.4B as of Oct 13, 2026
Price / Sales 5.2x on $4.7B revenue, FY2026
Price / Earnings 16.5x on $1.5B net income, FY2026
Price / Book 2.7x on $9.1B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jul 31, 2026 Reported Currency USD FYE July

Newest figures come from the 10-K for FY2026, filed Sep 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CPRT SEC filings page.

Copart Inc (CPRT) reported $4.7B in revenue for fiscal year 2026, up 0.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CPRT FY2026

Copart remains cash-rich and lightly leveraged, but FY2026 exposes slower growth and continued margin pressure.

Revenue was essentially flat at $4.7B in FY2026 while operating income fell to $1.7B, indicating that added costs absorbed the little growth available. Operating margin consequently eased from 36.5% to 35.4% across FY2025–FY2026, a margin-shape signal of weaker operating efficiency rather than simple expansion.

Cash conversion remains the strongest operating feature: FY2026 operating cash flow reached $1.6B against net income of $1.5B, so reported earnings were broadly accompanied by cash generation. After $337M of capital spending, free cash flow was $1.3B, meaning reinvestment absorbed roughly one-fifth of operating cash rather than consuming it.

The funding structure is unusually conservative for a $10.0B asset base: total liabilities were only $914M in FY2026, leaving the business mostly equity-financed. Yet the $1.6B share buyback exceeded that year's $1.3B free cash flow, so repurchases were not fully funded by that year's internally generated surplus.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 83 / 100
Financial Health Score 83/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Copart Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
97

Copart Inc has an operating margin of 35.4%, meaning the company retains $35 of operating profit per $100 of revenue. This strong profitability earns a score of 97/100, reflecting efficient cost management and pricing power. This is down from 36.5% the prior year.

Growth
50

Copart Inc's revenue grew a modest 0.4% year-over-year to $4.7B. This slow but positive growth earns a score of 50/100.

Leverage
80

Copart Inc carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
96

With a current ratio of 7.91, Copart Inc holds $7.91 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 96/100.

Cash Flow
92

Copart Inc converts 27.2% of revenue into free cash flow ($1.3B). This strong cash generation earns a score of 92/100.

Returns
85

Copart Inc earns a strong 16.3% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 85/100. This is down from 16.9% the prior year.

Altman Z-Score Safe
18.74

Copart Inc scores 18.74, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($24.4B) relative to total liabilities ($913.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
5/7

Copart Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.08x

For every $1 of reported earnings, Copart Inc generates $1.08 in operating cash flow ($1.6B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$1.2B
YoY+2.4%
QoQ-6.8%
5Y CAGR+9.0%
10Y CAGR+13.2%

Copart Inc generated $1.2B in revenue in Q4 2026. This represents an increase of 2.4% from the same quarter a year earlier. Against the prior quarter it is down 6.8%.

EBITDA
$476.7M
YoY+2.3%
QoQ-8.9%
5Y CAGR+7.6%
10Y CAGR+14.9%

Copart Inc's EBITDA was $476.7M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.3% from the same quarter a year earlier. Against the prior quarter it is down 8.9%.

Net Income
$327.4M
YoY-17.4%
QoQ-18.6%
5Y CAGR+5.0%
10Y CAGR+14.6%

Copart Inc reported $327.4M in net income in Q4 2026. This represents a decrease of 17.4% from the same quarter a year earlier. Against the prior quarter it is down 18.6%.

EPS (Diluted)
$0.35
YoY-14.6%
QoQ-18.6%
5Y CAGR-20.0%
10Y CAGR0.0%

Copart Inc earned $0.35 per diluted share (EPS) in Q4 2026. This represents a decrease of 14.6% from the same quarter a year earlier. Against the prior quarter it is down 18.6%.

Cash & Balance Sheet

Free Cash Flow
$278.7M
YoY-20.6%
QoQ-44.6%
5Y CAGR+16.5%
10Y CAGR+11.5%

Copart Inc generated $278.7M in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 20.6% from the same quarter a year earlier. Against the prior quarter it is down 44.6%.

Cash & Debt
$1.9B
YoY-31.4%
QoQ-43.1%
5Y CAGR+12.7%
10Y CAGR+28.5%

Copart Inc held $1.9B in cash as of Q4 2026; long-term debt is not reported for that period.

Shares Outstanding
926M
YoY-4.3%
QoQ+0.1%
5Y CAGR+31.3%
10Y CAGR+23.3%

Copart Inc had 926M shares outstanding in Q4 2026. This represents a decrease of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Operating Margin
32.0%
YoY-4.7pp
QoQ-5.5pp
5Y change-8.3pp
10Y change+0.1pp

Copart Inc's operating margin was 32.0% in Q4 2026, reflecting core business profitability. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.5 percentage points.

Net Margin
28.4%
YoY-6.8pp
QoQ-4.1pp
5Y change-5.8pp
10Y change+3.1pp

Copart Inc's net profit margin was 28.4% in Q4 2026, showing the share of revenue converted to profit. This is down 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.1 percentage points.

Return on Equity
3.6%
YoY-0.7pp
QoQ-1.0pp
5Y change-3.6pp
10Y change-7.3pp

Copart Inc's ROE was 3.6% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.

Gross Margin

Not reported for Q4 2026.

Capital Allocation

Share Buybacks
$1K
QoQ-100.0%

Copart Inc spent $1K on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 100.0%.

Capital Expenditures
$78.8M
YoY-10.1%
QoQ-2.6%
5Y CAGR-4.4%
10Y CAGR+10.1%

Copart Inc invested $78.8M in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 10.1% from the same quarter a year earlier. Against the prior quarter it is down 2.6%.

R&D Spending

Not reported for Q4 2026.

CPRT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CPRT quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Revenue$1.2B+2.4%$1.2B+2.1%$1.1B-3.6%$1.2B+0.7%$1.1B+5.2%$1.2B+7.5%$1.2B+14.0%$1.1B+12.4%
SG&A Expenses$112.5M+15.9%$108.3M+7.5%$104.1M+4.8%$106.3M+0.5%$97.1M+3.3%$100.7M+14.1%$99.3M+17.9%$105.7M+54.0%
Operating Income$368.9M-10.6%$464.3M+2.8%$388.7M-8.8%$430.7M+6.0%$412.6M+14.8%$451.5M+3.3%$426.2M+12.2%$406.4M+2.8%
EBITDA$476.7M+2.3%$523.3M+3.4%$397.3M-17.3%$484.7M+5.4%$466.2M+13.7%$506.0M+3.7%$480.4M+13.0%$460.0M+4.9%
Income Tax$77.9M-6.3%$100.7M+3.3%$91.1M+19.0%$84.9M-5.8%$83.1M-3.7%$97.5M+8.3%$76.5M-10.2%$90.1M-0.7%
Net Income$327.4M-17.4%$402.4M-1.0%$350.7M-9.5%$403.7M+11.5%$396.4M+22.9%$406.6M+6.4%$387.4M+19.0%$362.1M+8.9%
EPS (Basic)$0.35-14.6%$0.43+2.4%$0.36-10.0%$0.42+10.5%$0.41+20.6%$0.42+5.0%$0.40+17.6%$0.38+8.6%
EPS (Diluted)$0.35-14.6%$0.43+2.4%$0.36-10.0%$0.41+10.8%$0.41+24.2%$0.42+7.7%$0.40+21.2%$0.37+8.8%
Diluted Shares (Avg)N/A943M-3.6%975M-0.3%977M+0.1%N/A978M+0.2%978M+0.3%977M+0.5%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.

CPRT Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CPRT quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$10.0B-0.6%$9.6B-0.2%$10.6B+15.3%$10.6B+19.3%$10.1B+19.7%$9.7B+20.7%$9.2B+20.9%$8.9B+20.9%
Current Assets$5.6B-3.2%$5.2B-2.7%$6.2B+24.3%$6.2B+31.0%$5.8B+30.2%$5.4B+29.2%$5.0B+32.5%$4.7B+32.0%
Cash & Equivalents$1.9B-31.4%$3.4B+41.7%$5.1B+52.8%$5.2B+41.5%$2.8B+83.6%$2.4B+117.1%$3.3B+165.6%$3.7B+43.3%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$51.4M+29.6%$49.6M+11.5%$41.9M-29.1%$40.4M-22.9%$39.7M-9.1%$44.5M-4.8%$59.1M+38.0%$52.4M+22.9%
Accounts Receivable$809.2M+6.1%$794.5M+4.8%$861.6M-2.4%$759.7M-5.3%$762.8M-2.9%$757.8M-7.9%$882.7M+4.3%$801.8M+6.1%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$511.3M-1.3%$522.7M+0.8%$523.5M+2.7%$518.8M+0.8%$517.8M+0.8%$518.6M+1.4%$509.7M-0.2%$514.5M+2.7%
Total Liabilities$913.9M+3.5%$857.6M-1.4%$787.7M-8.8%$961.9M+1.3%$883.4M+0.5%$869.5M+6.8%$863.3M+9.9%$949.5M+5.8%
Current Liabilities$703.7M+3.0%$685.3M+4.3%$613.9M-2.5%$781.2M+9.3%$683.3M+8.7%$657.1M+16.6%$629.6M+19.7%$714.9M+14.5%
Non-Current Liabilities$210.2M+5.0%$172.3M-18.9%$173.9M-25.6%$180.7M-23.0%$200.1M-20.2%$212.4M-15.4%$233.7M-10.0%$234.7M-13.9%
Total Equity$9.1B-1.0%$8.8B-0.1%$9.8B+17.9%$9.6B+21.6%$9.2B+22.1%$8.8B+22.4%$8.3B+22.3%$7.9B+23.2%
Retained Earnings$8.0B-1.4%$7.7B-0.6%$8.6B+18.4%$8.5B+23.0%$8.1B+23.6%$7.7B+23.7%$7.3B+24.8%$6.9B+25.1%

Not reported in any period shown, so not listed: Long-Term Debt.

CPRT Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CPRT quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow$357.5M-18.5%$584.2M-16.6%$127.5M-28.4%$535.3M+11.0%$438.5M-0.2%$700.9M+41.2%$178.1M+10.1%$482.3M+28.5%
Depreciation & Amortization$61.0M+13.7%$59.0M+8.4%$8.6M-84.2%$54.0M+0.8%$53.6M+5.9%$54.4M+7.3%$54.2M+19.7%$53.6M+24.2%
Stock-Based CompensationN/A$9.5M+3.2%$10.2M+9.8%$9.3M-10.5%N/A$9.2M+1.7%$9.3M+1.6%$10.4M+25.2%
Capital Expenditures$78.8M-10.1%$80.9M+14.8%$69.6M-60.0%$108.0M-54.4%$87.6M-36.4%$70.5M-19.8%$174.1M+41.5%$236.8M+45.9%
Free Cash Flow$278.7M-20.6%$503.3M-20.2%$57.9M+1330.4%$427.2M+74.0%$350.8M+16.4%$630.4M+54.3%$4.0M-89.6%$245.5M+15.3%
Investing Cash Flow-$1.8B-6277.2%-$925.2M+45.1%-$57.7M+90.0%$1.9B+12.6%-$28.4M-20.4%-$1.7B-152.2%-$574.7M+61.2%$1.7B+37.8%
Financing Cash Flow$8.4M+5.5%-$1.4B-21924.2%-$205.8M-678.6%$450K-78.9%$7.9M-5.4%$6.5M+45.5%$35.6M+3809.7%$2.1M-71.1%
Share Buybacks$1K$1.4BN/AN/AN/AN/AN/AN/A

Not reported in any period shown, so not listed: Dividends Paid.

CPRT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CPRT quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Margin32.0%-4.7pp37.5%+0.3pp34.6%-2.0pp37.3%+1.9pp36.7%+3.0pp37.3%-1.5pp36.6%-0.6pp35.4%-3.3pp
Net Margin28.4%-6.8pp32.5%-1.0pp31.3%-2.0pp34.9%+3.4pp35.2%+5.1pp33.6%-0.4pp33.3%+1.4pp31.6%-1.0pp
Return on Equity3.6%-0.7pp4.6%0.0pp3.6%-1.1pp4.2%-0.4pp4.3%0.0pp4.6%-0.7pp4.7%-0.1pp4.6%-0.6pp
Return on Assets3.3%-0.7pp4.2%0.0pp3.3%-0.9pp3.8%-0.3pp3.9%+0.1pp4.2%-0.6pp4.2%-0.1pp4.1%-0.4pp
Current Ratio7.91-0.5x7.61-0.5x10.06+2.2x7.94+1.3x8.42+1.4x8.16+0.8x7.89+0.8x6.62+0.9x
Debt-to-Equity0.100.0x0.100.0x0.080.0x0.100.0x0.10+0.1x0.10+0.1x0.10+0.1x0.12+0.1x
Asset Turnover0.110.0x0.130.0x0.110.0x0.110.0x0.110.0x0.130.0x0.130.0x0.130.0x
FCF Margin24.2%-7.0pp40.7%-11.3pp5.2%+4.8pp37.0%+15.6pp31.2%+3.0pp52.0%+15.8pp0.4%-3.4pp21.4%+0.5pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Copart Inc CPRT FY2026 $4.7B $1.5B 31.8% $24.4B 83/100
Thomson Reuters Corporation TRI FY2025 $7.5B $1.5B 20.1% $45.2B 39/100
Cintas Corp CTAS FY2026 $11.3B $2.0B 17.8% $81.5B 72/100
RB Global, Inc. RBA FY2025 $4.6B $428.4M 9.3% $16.3B 57/100
Global Payments, Inc. GPN FY2025 $7.7B $1.4B 18.2% $21.7B 55/100

Frequently Asked Questions

What is Copart Inc's annual revenue?

Copart Inc (CPRT) reported $4.7B in total revenue for fiscal year 2026. This represents a 0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Copart Inc's revenue growing?

Copart Inc (CPRT) revenue grew by 0.4% year-over-year, from $4.6B to $4.7B in fiscal year 2026.

Is Copart Inc profitable?

Yes, Copart Inc (CPRT) reported a net income of $1.5B in fiscal year 2026, with a net profit margin of 31.8%.

Copart Inc (CPRT) reported diluted earnings per share of $1.55 for fiscal year 2026. This represents a -2.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Copart Inc (CPRT) had EBITDA of $1.9B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Copart Inc (CPRT) had an operating margin of 35.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Copart Inc (CPRT) had a net profit margin of 31.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Copart Inc (CPRT) has a return on equity of 16.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Copart Inc (CPRT) generated $1.3B in free cash flow during fiscal year 2026. This represents a 3.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Copart Inc (CPRT) generated $1.6B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Copart Inc (CPRT) had $10.0B in total assets as of fiscal year 2026, including both current and long-term assets.

Copart Inc (CPRT) invested $337.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Yes, Copart Inc (CPRT) spent $1.6B on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Copart Inc (CPRT) had 926M shares outstanding as of fiscal year 2026.

Copart Inc (CPRT) had a current ratio of 7.91 as of fiscal year 2026, which is generally considered healthy.

Copart Inc (CPRT) had a debt-to-equity ratio of 0.10 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Copart Inc (CPRT) had a return on assets of 14.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Copart Inc (CPRT) trades at 16.5x earnings, its market capitalization divided by net income of $1.5B net income, FY2026. The market capitalization is $24.4B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Copart Inc (CPRT) trades at 5.2x sales, its market capitalization divided by revenue of $4.7B revenue, FY2026. The market capitalization is $24.4B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Copart Inc (CPRT) has an Altman Z-Score of 18.74, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Copart Inc (CPRT) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Copart Inc (CPRT) has an earnings quality ratio of 1.08x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Copart Inc (CPRT) scores 83 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top