Copart Inc
NASDAQ:CPRT

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Copart Inc
NASDAQ:CPRT
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Price: 58.22 USD -0.39% Market Closed
Market Cap: 56.1B USD
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Gross Margin
Copart Inc

44.8%
Current
46%
Average
28.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
44.8%
=
Gross Profit
2B
/
Revenue
4.4B

Gross Margin Across Competitors

Country US
Market Cap 56.1B USD
Gross Margin
45%
Country US
Market Cap 75.4B USD
Gross Margin
49%
Country CA
Market Cap 24B CAD
Gross Margin
47%
Country AU
Market Cap 26.6B AUD
Gross Margin
49%
Country US
Market Cap 12.4B USD
Gross Margin N/A
Country IN
Market Cap 627.4B INR
Gross Margin
45%
Country US
Market Cap 4.9B EUR
Gross Margin
35%
Country UK
Market Cap 4B GBP
Gross Margin
0%
Country FR
Market Cap 5B EUR
Gross Margin
0%
Country FR
Market Cap 4.4B EUR
Gross Margin
33%
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Copart Inc
Glance View

Market Cap
56.1B USD
Industry
Commercial Services & Supplies
Economic Moat
Narrow

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.

CPRT Intrinsic Value
28.59 USD
Overvaluation 51%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
44.8%
=
Gross Profit
2B
/
Revenue
4.4B
What is the Gross Margin of Copart Inc?

Based on Copart Inc's most recent financial statements, the company has Gross Margin of 44.8%.