CPRTNasdaqRetail-Auto Dealers & Gasoline StationsFiscal year ends July 31
COPART INC
Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Sep 29, 2026
$27.51−0.36 (-1.29%)
Close on Oct 19, 2026
- Market cap
- $25.63B
- P/E (TTM)
- 17.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
–
Operating margin
35.4%−6.8 pts over 5 years
Net margin
31.8%−3.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.4% | +6.4% | +11.6% | +13.9% | |
| Operating income | -2.6% | +3.6% | +7.8% | +15.1% | |
| Net income | -4.4% | +6.2% | +9.6% | +18.6% | |
| EPS, diluted | -2.5% | +6.6% | +9.8% | +18.8% | |
| Free cash flow | +3.0% | +14.3% | +19.1% | +23.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 42.1% | 31.1% | – | |
| Return on assets | 21.7% | 23.4% | 14.8% | |
| Current ratio | 1.94 | 4.04 | 7.91 | |
| Debt to equity | 0.58 | 0.11 | – | |
| Net debt to EBITDA | 0.82× | -0.52× | – | |
| Interest coverage | 19.4× | – | – | |
| Inventory turnover | 13.4× | – | – | |
| Capex to revenue | 11.9% | 17.2% | 7.2% | |
| Diluted shares | 948M | 961M | 957M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Copart generated $7.42B from operations and spent $3.90B on capital expenditure, dividends and share buybacks. 58% of that went back into the business.
Generated
$7.42B
Used
$3.90B
Capital expenditure$2.27B58%Dividends$00%Share buybacks$1.63B42%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin32.0%
×Asset turnover0.64×
×Equity multiplier1.14×
=Return on equity, FY202323.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 32.0% | 0.64× | 1.14× | 23.3% |
| FY2022 | 31.1% | 0.71× | 1.21× | 26.7% |
| FY2021 | 34.8% | 0.67× | 1.33× | 31.1% |
| FY2020 | 31.7% | 0.73× | 1.41× | 32.8% |
| FY2019 | 29.0% | 0.84× | 1.45× | 35.2% |
| FY2018 | 23.1% | 0.84× | 1.60× | 31.2% |
| FY2017 | 27.2% | 0.80× | 1.94× | 42.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 7 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$1.48B
- Cash generatingOperating cash flow above zero$1.60B
- Return on assets improvedROA up on the prior year18.4% → 14.7%
- Earnings backed by cashOperating cash flow above net income$1.60B vs $1.48B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose8.42 → 7.91
- No dilutionShare count did not rise978M → 957M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.55 → 0.46