Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 14185 Dallas Pkwy Ste 300 DALLAS TX 75254-1327 |
Tel: | N/A |
Website: | https://www.copart.com |
IR: | See website |
Key People | ||
A. Jayson Adair Executive Chairman of the Board | Jeffrey Liaw Chief Executive Officer, Director | Leah C. Stearns Chief Financial Officer, Senior Vice President | Paul K. Kirkpatrick Chief Legal Officer, Company Secretary |
Business Overview |
Copart, Inc. is a provider of online auctions and vehicle remarketing services. The Company provides vehicle sellers with a full range of services to process and sell vehicles over the internet through the Company's Virtual Bidding Third Generation (VB3) internet auction-style sales technology. The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and directly to the general public. Vehicle sellers consist primarily of insurance companies, but also include dealers, individuals, charities, rental, banks, finance companies, and fleet operators. It operates more than 200 locations in 11 countries and has more than 175,000 vehicles up for auction every day. The Company operates in United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. It operates both as an agent and on a principal basis. |
Financial Overview |
For the fiscal year ended 31 July 2024, Copart Inc revenues increased 9% to $4.24B. Net income increased 10% to $1.36B. Revenues reflect United States segment increase of 9% to $3.46B, International segment increase of 14% to $772.1M, United States segment increase of 9% to $3.46B, International segment increase of 14% to $772.1M. Net income benefited from United States segment income increase of 4% to $1.43B. |
Employees: | 11,700 as of Jul 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $50,305M as of Jul 31, 2024 |
Annual revenue (TTM): | $4,237M as of Jul 31, 2024 |
EBITDA (TTM): | $1,762M as of Jul 31, 2024 |
Net annual income (TTM): | $1,363M as of Jul 31, 2024 |
Free cash flow (TTM): | $961.57M as of Jul 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 963,374,800 as of Oct 11, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |