Added to YB: 2026-02-25
Pitch date: 2026-02-21
CPRT [neutral]
Copart, Inc.
-3.13%
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
$35.3B
Pitch Price
$36.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.32
P/E
22.94
EV/Sales
6.57
Sector
Commercial Services and Supplies
Category
turnaround
Copart: 2Q26 Business Recap
CPRT (earnings): Q2 revs -4% YOY, gross profit -6%, US insurance units -11% (-4.8% ex-CAT). Volume loss from underinsured drivers & carrier mix (Progressive to IAA), not account losses. IAA caught up on cycle time (52 days vs CPRT's 52), raising competition concerns for future RFPs. Intl gross profit +10% YOY bright spot.
Read full article (2 min)