Copart Inc
NASDAQ:CPRT
Copart Inc
Gross Profit
Copart Inc
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Copart Inc
NASDAQ:CPRT
|
Gross Profit
$2B
|
CAGR 3-Years
10%
|
CAGR 5-Years
15%
|
CAGR 10-Years
15%
|
|
|
UniFirst Corp
NYSE:UNF
|
Gross Profit
$875.3m
|
CAGR 3-Years
8%
|
CAGR 5-Years
5%
|
CAGR 10-Years
5%
|
|
|
Driven Brands Holdings Inc
NASDAQ:DRVN
|
Gross Profit
$1.1B
|
CAGR 3-Years
14%
|
CAGR 5-Years
26%
|
CAGR 10-Years
N/A
|
|
|
Cintas Corp
NASDAQ:CTAS
|
Gross Profit
$5.1B
|
CAGR 3-Years
13%
|
CAGR 5-Years
9%
|
CAGR 10-Years
10%
|
|
|
ACV Auctions Inc
NASDAQ:ACVA
|
Gross Profit
$332.7m
|
CAGR 3-Years
29%
|
CAGR 5-Years
69%
|
CAGR 10-Years
N/A
|
|
Copart Inc
Glance View
In the world of auto auctions, Copart Inc. stands as a silent yet dynamic player transforming how vehicles find their second lives. Founded in 1982 by Willis Johnson, Copart has steadily evolved, becoming a titan in the field of online vehicle auctions. The company specializes in connecting buyers and sellers of used, wholesale, and salvage cars through its virtual marketplace. Aimed primarily at insurance companies, who find themselves laden with vehicles deemed uneconomical to repair, Copart plays a pivotal role. It facilitates the sale of these vehicles to a diverse pool of buyers, ranging from dismantlers and recyclers to individual enthusiasts and dealers. This robust platform, underlined by a sophisticated inventory technology and an intuitive bidding process, has enabled Copart to channel the intricacies of the salvage car market into a seamless online experience, underscoring its importance in the automotive ecosystem. Copart's monetization strategy is impressively multifaceted and resilient. The company's revenue streams primarily from transaction fees charged to both buyers and sellers—each side paying for the ability to connect with the other on this vast platform. Moreover, Copart enhances its revenue generation through ancillary services such as vehicle transportation, storage, and financing options to its clientele. Its global network of auction locations ensures efficient logistics and helps cultivate a sense of urgency and competition among buyers. By leveraging its scale and technological innovation, Copart has not only streamlined an otherwise cumbersome aspect of the automotive industry but has also positioned itself strategically across the globe, ensuring that its operational efficiencies translate into tangible financial returns. This dual focus on cutting-edge digital infrastructure and strategic expansion allows Copart to maintain its influence and continue thriving in an increasingly competitive marketplace.
See Also
What is Copart Inc's Gross Profit?
Gross Profit
2B
USD
Based on the financial report for Jan 31, 2025, Copart Inc's Gross Profit amounts to 2B USD.
What is Copart Inc's Gross Profit growth rate?
Gross Profit CAGR 10Y
15%
Over the last year, the Gross Profit growth was 7%. The average annual Gross Profit growth rates for Copart Inc have been 10% over the past three years , 15% over the past five years , and 15% over the past ten years .
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