Company Analysis

Copart, Inc. (CPRT)

Nasdaq: CPRT · Retail-Auto Dealers & Gasoline Stations · Dallas, TX · filing with the SEC since 1996
Grade6.8
◀ Past 7.3● Present 7.2▶ Future 5.7

The grade of Copart, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.8/10
◀ Past7.325% of the headline
● Present7.245% of the headline
▶ Future5.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.9/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 79th percentile among 21 sector filers · read for itself

From the record

Copart, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.4/10

What has it actually done, year after year?

+13.9% a year over 10 filed years; profitable in 10 of 10.

weight 33% of this tense · 85th percentile among 21 sector filers · read for its customers

From the record

Copart, Inc.'s 10 filed years say what it did: revenue went from $1.4 billion in fiscal 2017 to $4.7 billion in fiscal 2026, up 13.9% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.9%top 21% of its family
  • the share of years revenue rosetop 7% of its family
  • the share of filed years with a profittop 26% of its family
  • the deepest fall from a revenue peak0.0%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.5/10

How has it treated the people who own it?

Share count shrank 0.3% a year. 33% of cash flow returned. Insiders: 8 sales, 0 purchases.

weight 22% of this tense · 45th percentile among 14 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-07-31, Copart, Inc.'s diluted share count shrank about 0.3% a year, and dividends and buybacks returned about 33% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales (1 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-21 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 39% of its family
  • cash returned against operating cash flowtop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.2/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
8.0/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 9%: owes 9¢ per asset dollar.

weight 45% of this tense · 80th percentile among 21 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-07-31, Copart, Inc. earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 9 cents per dollar of assets, and net share issuance: its share count shrank 2.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 2% of its family
  • return on equitytop 27% of its family
  • the share count against the year beforetop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 21 in its family; net margin 31.8%.

weight 33% of this tense · 66th percentile among 21 sector filers · read for its customers

From the record

Copart, Inc.'s standing among 21 graded names in its industry family: revenue of $4.7 billion in fiscal 2026 ranks in the bottom 33% by size; a net margin of 31.8% ranks in the top 2%; revenue growth of 6.4% a year over the last 3 filed years ranks in the top 31% (its annual reports).

What it rests on

  • revenue against the family$4.67Bbottom 33% of its family
  • net margin31.8%top 2% of its family
  • three-year revenue growth6.4%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.5/10

What are the people in charge doing?

top 35% of 18 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 65th percentile among 18 sector filers · read for its shareholders

From the record

Copart, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Liaw, Jeffrey (Chief Executive Officer, as filed), filing under that title since 2021-03-11, 5.7 years (top 42% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 10.9 years (top 25%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 15 peopletop 39% of its family
  • the median years the people in charge have filed10.9 yearstop 25% of its family
  • the chief executive's years on the record5.7 yearstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
9.5/10

How much room does it have to grow?

top 5% of 20 in its family for room to expand.

weight 22% of this tense · 95th percentile among 20 sector filers · read for itself

From the record

Copart, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $1.9 billion against no long-term debt tagged leaves 19% of its assets as net cash, top 7% of its family; cash from operations less capital spending is 27.2% of revenue (top 3%) (its annual report).

What it rests on

  • cash less debt against assets19.0%top 7% of its family
  • cash from operations less capital spending against revenue27.2%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.9/10

What could actually drive growth from here?

bottom 38% of 21 in its family for growth drivers.

weight 45% of this tense · 38th percentile among 21 sector filers · read for its customers

From the record

Copart, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 6.4% a year over the last three filed years against 13.9% over all 10, slowing (top 50% of its family); the newest year grew 0.4% (bottom 40%); capital spending grew -13.2% a year (bottom 25%) (its annual reports). Copart, Inc. reported 2 product lines in fiscal 2026: Service at $4.0 billion (85%), Product at $697 million (15%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-7.4 points a yeartop 50% of its family
  • the newest year's revenue growth0.4%bottom 40% of its family
  • three-year growth of capital spending-13.2%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.6/10

Did its newest year beat what its own record pointed to?

top 44% of 21 in its family for expectations against reality.

weight 33% of this tense · 56th percentile among 21 sector filers · read for its shareholders

From the record

Copart, Inc.'s newest year against its own record: revenue of $4.7 billion in fiscal 2026 came in 8.4% below the $5.1 billion its prior three years' pace pointed to (bottom 26% of its family); net income of $1.5 billion against a prior three-year average of $1.4 billion (top 26%); a net margin of 31.8% against 32.5% before (top 31%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-8.4%bottom 26% of its family
  • net income against the prior three years' average+7%top 26% of its family
  • net margin against its prior average-0.7 pointstop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CPRT · research, not advice