COPART NASDAQ: CPRT
Background of Copart
- Copart Inc is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet, and finance companies.
- Copart Inc is headquartered in Dallas, Texas, and has over 200 physical locations around the world, where it houses more than 8,000 acres of vehicle inventory.
- Copart Inc sells used, wholesale and salvage vehicles in weekly and bi-weekly online auctions to buyers around the world.
- Copart Inc provides vehicle sellers with a range of services to process and sell salvage and clean title vehicles over the internet, using its patented virtual auction technology.
- Copart Inc is also an industry-leading vehicle seller for rental, fleet, and finance companies.
- Copart Inc’s brands include CashForCars.com, CrashedToys and National Powersport Auctions (NPA).
- Copart Inc is a public company traded on the New York Stock Exchange and has been named to Fortune’s 2025 Future 50 companies, 100 Fasted-Growing Companies and the Fortune 500 list.
- Copart Inc has a rich history that dates to 1982 when Willis J. Johnson founded it.
- Johnson began expanding Copart in the early 1990s through private loans and equity and by March 1994, it had added another eight new facilities in Oregon, Washington, and Texas.
- In 1994, Copart Inc debuted on the NASDAQ.
- In 1995 Copart Inc began rapid expansion in the United States with the sizable acquisitions and continued to grow with locations spread out coast-to-coast.
- In the 1990s Johnson began developing Copart’s information technology by the creation of the Copart Auction System (CAS) designed to support the growing business as well as allow Copart facilities and sellers to access information, generate reports, and increase operating efficiencies.
- In 1998 Copart Inc introduced internet bidding and soon developed its online auction platform, VB2 which opened the sales process to registered buyers and sellers worldwide.
- In 2013, Copart Inc upgraded its VB2 technology to VB3 which supported the latest browsers, eliminated the need for plugins and supported mobile interactivity.
- Copart Inc now sells more than one million vehicles per year through VB3 technology.
- In 2003, the company launched a completely online auction model.
- Copart Inc oversees a high-value product portfolio which provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain.
- By 2007, Copart Inc expanded its footprint to the United Kingdom and in 2012, began expanding to the United Arab Emirates, Brazil, Bahrain, Oman, Spain, Ireland, and Germany.
- Today, Copart Inc is truly one of the most valuable Specialty Business Services companies in the world with a market capitalization of US$ 34.692 billion recorded in July 2025.
- In 2025 the total staff compliment for Copart Inc was more than 7 600.
Copart Shares Growth Driver
- Copart Inc delivered a 10.13% return since the beginning of the year, while its 12-month revenues are up by 60.64%.
- Copart Inc stock closed at $140.14 per share on July 16, 2025.
- Copart Inc is the largest company in the automotive salvage and auction industry.
- The industry is a duopoly, with Copart Inc commanding a +40% market share.
- Insurance Auto Auctions is Copart Inc’s only competitor of size or scale.
- Copart Inc generates about 80% of its revenue in the U.S. The other 20% is generated in international markets. The U.K. generates the lion’s share at 15%. The rest is spread out in newer markets that include Canada, Brazil, Ireland, Germany, Spain, the U.A.E., Bahrain, Finland, and Ireland.
- Copart Inc owns the largest global buying network, which matches global demand with local supply.
- Demand for autos that are damaged but worthy of repair has become a staple of international demand, where repaired cars are not subject to onerous safety regulations.
- Copart Inc has long relationships with State Farm, Allstate, Nationwide, and Farmers. Other supply parties include charities, banks, rental car companies, fleet operators, and auto dealers.
- Copart Inc acts as an agent, earning fees from both buyers and sellers.
- Copart Inc’s most significant strategic decision was its early use of information technology.
- Over the past five years, Copart Inc physical inventory more than doubled to over 200 yards, covering 9,000 acres.
- On a typical day, Copart Inc has around 200 000 vehicles for sale on its auction website.
- Copart Inc early on saw first-hand the economic benefits of local network effects of size and scale in terms of growth and profitability.
- Copart Inc is riding a wave of both company-specific growth and industry-specific drivers – its supply of prospective auctioned and salvaged vehicles continues to be healthy due to the rise of accident frequencies due to the combination of aging vehicles, increasing driver distractions, and rising miles driven.
- The rising complexity of new cars has caused a marked increase in the frequency in total losses from insurance companies.
- The increase in the average selling prices of salvage autos has been a benefit to Copart Inc’s bottom line.
- Copart Inc’s results through the worst of the pandemic have remained impressive.
Copart Investor Tip
- Copart Inc trades its shares on the NASDAQ Stock Market (NASDAQ) under the stock symbol CPRT. Copart Inc forms part of both the NASDAQ-100 and S&P 500 components.
- An analysis on the market performance for the first quarter of 2025 indicated a total revenue of US$ 2,469,540,000 along with a gross profit of US$ 1,236,039,000 and EBITDA of US$ 1,166,716,000.
- Investors seek growth stocks to capitalize on above-average growth because these stocks usually carry above-average risk and volatility.
- Copart Inc is on the list of such stocks currently recommended for a favourable Growth Score.
- Some of the most crucial factors that make the stock of this company a great growth pick are Earnings Growth, Impressive Asset Utilization Ratio and Promising Earnings Estimate Revisions.
- While the historical EPS growth rate for Copart Inc is 26.3%, investors should focus on the projected growth. The company’s EPS is expected to grow 38.5% this year, crushing the industry average, which calls for EPS growth of 23.5%.
- Growth investors should not overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, because it is an important feature of a real growth stock.
- Copart Inc has an S/TA ratio of 0.64, which means that the company gets $0.64 in sales for each dollar in assets. Comparing this to the industry average of 0.61, it can be said that the company is more efficient.
- Copart Inc is attractive from a sales growth perspective and its sales are expected to grow 16.8% this year versus an industry average of 8.2%.
- Investors should also consider the trend in earnings estimate revisions. A positive trend is a plus since there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
- Data from this analysis should be weighed against forecasted performance during this pandemic, but for now, prices on shares and in turn dividends remain unaffected, which provides shareholders with assurance that they will have a strong buy-in on NASDAQ.
Sector
Industrials
Industry
Specialty Business Services
Sub industry
Automotive
Latest News
Copart: How to buy Copart Shares Online
Here are the steps you need to follow to buy Copart Inc shares with utmost confidence:
- Navigate to the AvATrade website and select ‘Register’.
- Complete the registration form with the required information and submit documentation to verify your proof of Identity along with your proof of address.
- As soon as your account application has been reviewed and approved, you can select your trading platform from AvATrade’s website, or by visiting the MetaTrader 4 or MetaTrader 5 websites respectively to start download.
- Once you have downloaded the trading platform of your choice, you can use your AvATrade live account details to log into your AvATrade account on the trading platform.
- From the Market Watch screen on both MetaTrader 4 and MetaTrader 5, you can select ‘Copart Inc’ or ‘CPRT’ to buy/purchase shares.
- Alternatively, you can make use of AvATrade’s online Web Trader or the AvATradeGo mobile application.
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FAQ
Can I buy Copart Inc shares in South Africa?
Yes, you can.
How to buy Copart Inc shares?
By simply opening a free account with SA Shares, or by clicking the “Buy this Share” button to get started.
What is the current share price?
By clicking on the link provided above, you can view the real-time Copart Inc share price on the platform.
Is Copart Inc a good share to buy?
Yes, it is. Despite the growing concerns surrounding Covid-19, Copart Inc is continuing manufacturing, sales and delivery of its products and it is forecasted to be one of the very few automotive companies to make a significant rebound post-Covid-19.
Can I buy Copart Inc CFD through SA Shares?
Yes, you can.
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