Reading the tape
NASDAQ: CPRT
Copart, Inc.
Industrials · Specialty Business Services
Market Cap
$32.16B
52w High
$63.85
52w Low
$32.20
P/E
20.67
Volume
937.92K
Outstanding Shares
963.31M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -45.01%Revenue (TTM): 2.38%FCF (TTM): 38.55%P/FCF: 3rd pct
What changed
The stock fell 45.01% over the last year. Revenue grew 2.38% over the trailing twelve months. Operating margin moved from 36.16% to 36.49%. Free cash flow grew 38.55% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 3rd percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 36.49%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain.
CEOJeffrey Liaw
SectorIndustrials
IndustrySpecialty Business Services
Employees13,800
IPO dateMar 17, 1994
Valuation
Forward P/E—
EV/EBITDA19.46
Enterprise value$41.08B
Stock splits
Aug 22, 2023↑ Forward
Every 1 shares became 2
Nov 4, 2022↑ Forward
Every 1 shares became 2
Apr 11, 2017↑ Forward
Every 1 shares became 2
Mar 29, 2012↑ Forward
Every 1 shares became 2
Jan 22, 2002↑ Forward
Every 2 shares became 3
Jan 25, 2000↑ Forward
Every 1 shares became 2
Jan 29, 1999↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth-3.58%
Gross margin45.34%▲0.37%vs FY2024
Operating margin36.49%▼1.59%vs FY2024
ROE16.9%▼6.72%vs FY2024
Analyst consensus
RatingBuy
Target price$40.50▲21.32%
10
Buy
8
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 28, 2026
Q2 FY26 · EPS est $0.42 · Revenue est $1.2B
View