Added to YB: 2025-05-27
Pitch date: 2025-05-24
CPRT [neutral]
Copart, Inc.
-28.8%
current return
Author Info
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Company Info
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.
Market Cap
$37.7B
Pitch Price
$54.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.16
P/E
23.90
EV/Sales
7.00
Sector
Commercial Services and Supplies
Category
growth
Copart: 3Q25 Business Update (Calendar 1Q25)
CPRT (earnings update): 3Q25 showed service growth decelerating to 9% y/y, US insurance vols down 1% as uninsured drivers rise. Inventory -10% y/y. Competitor RBA gained market share globally but targets lower-value units. Copart Blue non-insurance vols strong at +14%. Total loss frequency up 100bps to 22.8%. $1.60 EPS est, trading at 33x PE, $4bn+ net cash.
Read full article (6 min)