Every car crash creates a Copart customer. The insurance company writes off the vehicle, pays the claim, and calls Copart. Copart picks up the wreck, photographs it, lists it on its online auction platform, and sells it to the highest bidder — a demolisher in Texas, a rebuilder in Poland, a parts dealer in Mexico. 4 million vehicles per year. The insurance industry cannot function without them. And every year there are more cars, more crashes, and more write-offs.
$10.34B
Total Revenue
8.0%
Organic Revenue Growth
$1.81B
Net Income
$4.40
Diluted EPS
50.0%
Gross Margin
22.8%
Operating Margin
$2.17B
Operating Cash Flow
$408.9M
CapEx
$2.44B
Total Debt
$934.8M
Share Buybacks
$611.6M
Dividends Paid
~12,100
Delivery Routes
10-K · July 28, 2025