In announcing its fiscal second-quarter and six-month results, Copart Inc. highlighted a decrease in revenue and vehicle sales, with bright spots being a spike in service revenue and inventory. Copart ...

Earnings call Copart reported Q3 FY25 revenue of $1.2B, up 9% YoY, and net income of $407M, up 6%. While U.S. insurance volumes were flat, international growth and ASP gains drove margin expansion.

Copart's strong market position and first-mover advantage in online vehicle auctions have driven impressive annual returns of 28.6% over the past decade. The company's robust balance sheet, with ...

We are initiating coverage on salvage vehicle auctioneer Copart CPRT with a wide moat and a $77 fair value estimate. We see the firm as a phenomenal business with only one large competitor in IAA, ...