Copart
CPRT · NasdaqRetail-Auto Dealers & Gasoline Stations · Fiscal year ends Jul 31
Copart reported revenue of $4.7B in the fiscal year ended Jul 2026, up 0.4% from the year before. Operating income was $1.7B, an operating margin of 35.4%, and net income was $1.5B. Operating cash flow of $1.6B less capital expenditure of $337M left free cash flow of $1.3B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.9B | $4.2B | $4.6B | $4.7B |
| Operating income | $1.4B | $1.5B | $1.6B | $1.7B | $1.7B |
| Net interest incomeBanks | −$17M | $66M | – | – | – |
| Pre-tax income | $1.3B | $1.6B | $1.7B | $1.9B | $1.8B |
| Income tax | $251M | $317M | $352M | $347M | $355M |
| Net income | $1.1B | $1.2B | $1.4B | $1.6B | $1.5B |
| Diluted EPS | 1.13 | 1.28 | 1.40 | 1.59 | 1.55 |
| Diluted shares | 965M | 967M | 975M | 978M | 957M |
Balance sheet
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.4B | $957M | $1.5B | $2.8B | $1.9B |
| Receivables | $579M | $702M | $786M | $763M | $809M |
| Inventory | $59M | $40M | $44M | $40M | $51M |
| Current assets | $2.2B | $3.3B | $4.4B | $5.8B | $5.6B |
| Net PP&E | $2.5B | $2.8B | $3.2B | $3.6B | $3.7B |
| Goodwill | $402M | $394M | $514M | $518M | $511M |
| Total assets | $5.3B | $6.7B | $8.4B | $10.1B | $10B |
| Deferred revenue | $20M | $26M | $28M | $30M | $32M |
| Current liabilities | $441M | $493M | $629M | $683M | $704M |
| Long-term debt | $2M | $11M | $0 | – | – |
| Total liabilities | $683M | $750M | $879M | $883M | $914M |
| Shareholders' equity | $4.6B | $6B | $7.5B | $9.2B | $9.1B |
Cash flow
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $1.2B | $1.4B | $1.5B | $1.8B | $1.6B |
| Capital expenditure | $337M | $517M | $511M | $569M | $337M |
| Free cash flow | $839M | $848M | $962M | $1.2B | $1.3B |
| Depreciation & amortisation | $138M | $159M | $190M | $216M | $229M |
| Stock-based compensation | $39M | $40M | $35M | $38M | $39M |
| Acquisitions | $107M | $0 | −$18M | $1M | $5M |
| Share buybacks | – | – | $0 | $0 | $1.6B |
Key ratios
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 10.5% | 9.5% | 9.7% | 0.4% |
| Operating income growth (YoY) | – | 8.1% | 5.7% | 7.9% | −2.6% |
| EPS growth (YoY) | – | 13.3% | 9.4% | 13.6% | −2.5% |
| Operating margin | 39.3% | 38.4% | 37.1% | 36.5% | 35.4% |
| Net margin | 31.1% | 32.0% | 32.2% | 33.4% | 31.8% |
| Return on equityBlank when equity is negative | 23.6% | 20.7% | 18.1% | 16.9% | 16.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 28.2% | 23.8% | 20.2% | 18.0% | 17.7% |
| Free cash flow margin | 24.0% | 21.9% | 22.7% | 26.5% | 27.2% |
| Cash conversion (CFO ÷ net income) | 1.08x | 1.10x | 1.08x | 1.16x | 1.08x |
| Receivable days | 60 | 66 | 68 | 60 | 63 |
| Debt ÷ equity | 0.00x | 0.00x | 0.00x | – | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −$1.4B | −$946M | −$1.5B | – | – |
| Current ratio | 5.00x | 6.62x | 7.03x | 8.42x | 7.91x |
Recent filings
More in Retail-Auto Dealers & Gasoline Stations
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.