Copart Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 7.54
Dividend & YieldN/A$ (N/A)
Beta 1.16
Market capitalization 30.69B
Operating cash flow 1.18B
ESG Scores 18.1

Company description

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.

Sector: Consumer Cyclical - Industry: Auto & Truck Dealerships

Financial Ratios
Quick Ratio3.94
Working Capital0.73
Return On Equity0.27
Debt To Equity0.11
Fixed Asset Ratio0.02
Fixed Interest Cover56.13

Financial data

Financial Statements

Cashflow Statement 2019-07-31 2020-07-31 2021-07-31 2022-07-31
Change To Liabilities 13.18M 43.26M 53.39M 35.73M
Total Cashflows From Investing Activities -356.27M -601.21M -465.47M -442.31M
Net Borrowings -1.06M -1.06M -1.12M -417.29M
Total Cash From Financing Activities -370.3M -27.41M 40.92M -382.69M
Change To Operating Activities -28.02M 2.66M -12.88M -22.78M
Issuance Of Stock 41.58M 79.92M 48.19M 37.73M
Net Income 591.69M 699.91M 936.5M 1.09B
Change In Cash -88.2M 291.4M 570.54M 335.98M
Effect Of Exchange Rate -8.28M 2.14M 4.2M -15.7M
Total Cash From Operating Activities 646.65M 917.88M 990.89M 1.18B
Depreciation 77.3M 91M 112.4M 128.8M
Change To Account Receivables -60.81M 15.99M -127.51M -97.75M
Other Cashflows From Financing Activities -2.81M -2.81M -1.21M -1.21M
Change To Netincome 43.53M 47.56M 27.13M 73.44M
Capital Expenditures -373.88M -591.97M -463M -337.45M

Income Statement 2019-07-31 2020-07-31 2021-07-31 2022-07-31
Research Development
Income Before Tax 704.95M 800.84M 1.12B 1.34B
Net Income 591.69M 699.91M 936.5M 1.09B
Selling General Administrative 212.47M 191.7M 241.03M 266.01M
Gross Profit 928.94M 1.01B 1.38B 1.64B
Ebit 716.48M 816.1M 1.14B 1.37B
Operating Income 716.48M 816.1M 1.14B 1.37B
Interest Expense -17.59M -18.87M -20.25M -16.69M
Income Tax Expense 113.26M 100.93M 185.35M 250.82M
Total Revenue 2.04B 2.21B 2.69B 3.5B
Cost Of Revenue 1.11B 1.2B 1.32B 1.86B
Total Other Income ExpenseNet -11.52M -15.26M -14.58M -34.04M
Net Income From Continuing Ops 591.69M 699.91M 936.5M 1.09B
Net Income Applicable To Common Shares 591.69M 699.91M 936.5M 1.09B

Balance Sheet Statement 2019-07-31 2020-07-31 2021-07-31 2022-07-31
Total Liabilities 769.24M 965.75M 1.03B 683.26M
Total Stockholder Equity 1.78B 2.49B 3.53B 4.63B
Other Current Liabilities 83.37M 100.96M 134.1M 141.99M
Total Assets 2.55B 3.46B 4.56B 5.31B
Common Stock 23k 24k 24k 24k
Other Current Assets 357.38M 333.88M 479.45M 552.89M
Retained Earnings 1.34B 1.94B 2.87B 3.96B
Treasury Stock -132.53M -121.09M -100.86M -169.37M
Cash 186.32M 477.72M 1.05B 1.38B
Total Current Liabilities 282M 356.04M 421.03M 440.89M
Other Stockholder Equity -132.53M -121.09M -100.86M -169.37M
Property, Plant, and Equipment 1.41B 2.04B 2.39B 2.58B
Total Current Assets 687.17M 963.76M 1.7B 2.2B
Net Tangible Assets 1.37B 2.08B 3.1B 4.14B
Net Receivables 105.96M 116.75M 115.64M 187.81M
Accounts Payable 113.95M 132.92M 163.24M 187.17M


Insider Transactions

Here are the insider transactions of stock shares related to Copart Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
ADAIR AARON JAYSONStock Gift at price 0.00 per share.I2022-11-02Chief Executive Officer1.64k
BLUNT MATTSale at price 115.72 per share.D2022-06-06Director10k
BLUNT MATTConversion of Exercise of derivative security at price 47.19 per share.D2022-06-06Director10k
TRYFOROS THOMAS NSale at price 114.72 per share.D2022-05-31Director11k
TRYFOROS THOMAS NConversion of Exercise of derivative security at price 12.48 per share.D2022-05-31Director11k
ENGLANDER DANIEL JSale at price 110.78 per share.D2022-05-25Director80k
ENGLANDER DANIEL JConversion of Exercise of derivative security at price 15.01 per share.D2022-05-25Director80k
TRYFOROS THOMAS NSale at price 149.63 per share.D2021-12-08Director69k
TRYFOROS THOMAS NConversion of Exercise of derivative security at price 12.48 per share.D2021-12-08Director69k
ADAIR AARON JAYSONSale at price 147.20 per share.I2021-09-15Chief Executive Officer170k
ADAIR AARON JAYSONSale at price 139.21 per share.I2021-07-12Chief Executive Officer130k
COHAN STEVEN DSale at price 139.46 per share.D2021-07-12Director80k
COHAN STEVEN DConversion of Exercise of derivative security at price 27.93 per share.D2021-07-12Director80k
COHAN STEVEN DSale at price 139.46 per share.D2021-07-12Director80k
COHAN STEVEN DConversion of Exercise of derivative security at price 27.93 per share.D2021-07-12Director80k
LIAW JEFFREYSale at price 136.29 per share.D2021-07-06Officer15.81k
LIAW JEFFREYConversion of Exercise of derivative security at price 18.84 - 27.10 per share.D2021-07-06Officer21.65k
JOHNSON WILLIS JStock Gift at price 0.00 per share.I2021-07-02Chairman of the Board237.16k
LIAW JEFFREYSale at price 135.28 - 135.48 per share.D2021-07-02Officer47.48k
LIAW JEFFREYConversion of Exercise of derivative security at price 18.84 - 27.10 per share.D2021-07-02Officer47.35k
ADAIR AARON JAYSONSale at price 133.18 per share.I2021-06-29Chief Executive Officer300k
BLUNT MATTSale at price 133.01 per share.D2021-06-29Director20k
BLUNT MATTConversion of Exercise of derivative security at price 43.96 per share.D2021-06-29Director20k
JOHNSON WILLIS JSale at price 106.66 per share.D2021-03-24Chairman of the Board374.37k
JOHNSON WILLIS JSale at price 108.10 per share.D2021-03-23Chairman of the Board234.01k
MEEKS JAMES ESale at price 110.55 per share.D2021-03-15Director77.86k
MEEKS JAMES EConversion of Exercise of derivative security at price 19.62 per share.D2021-03-15Director77.86k
MEEKS JAMES ESale at price 110.20 per share.D2021-03-12Director2.14k
MEEKS JAMES EConversion of Exercise of derivative security at price 19.62 per share.D2021-03-12Director2.14k
ENGLANDER DANIEL JSale at price 110.70 per share.D2021-02-24Director80k
ENGLANDER DANIEL JConversion of Exercise of derivative security at price 15.01 per share.D2021-02-24Director80k
ADAIR AARON JAYSONStock Gift at price 0.00 per share.I2021-01-05Chief Executive Officer7.29k
ENGLANDER DANIEL JSale at price 119.76 per share.I2021-01-05Director35k
ENGLANDER DANIEL JSale at price 121.47 per share.I2021-01-04Director35k
ADAIR AARON JAYSONSale at price 121.20 per share.I2020-12-15Chief Executive Officer300k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Copart Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Copart Inc

Here is the result of two systematic investment strategies applied to Copart Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Copart Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Copart Inc:

Copart Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 111.08% on the backtest period.

Performance at glance

Performance

111.08 %

Latent gain

1863.0 $

Invested capital

1677.16 $

Annualized return

27.09 %
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Momentum strategy results on Copart Inc

This is the result of two momentum investment strategies applied to Copart Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Copart Inc

The following chart shows all the entries opened by the momentum investment system on Copart Inc:

Copart Inc momentum entries
  • The first momentum investment strategy would give 85.92% of return on Copart Inc. That represents 3769.87$ of latent gain with 4387.89$ of employed capital.
  • The second momentum investment strategy would give 97.62% of return on Copart Inc. That represents 2433.02$ of latent gain with 2492.42$ of employed capital.
Performance at glance (1Q Momentum)

Performance

85.92 %

Latent gain

3769.87 $

Invested capital

4387.89 $

Annualized return

24.51 %
Performance at glance (2Q Momentum)

Performance

97.62 %

Latent gain

2433.02 $

Invested capital

2492.42 $

Annualized return

26.97 %

Momentum equity curve on Copart Inc

The following chart shows the equity curve of the two momentum strategies applied to Copart Inc:

Copart Inc momentum equity

Note: the dividends potentially given by Copart Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Copart Inc

The following chart shows the employed capital evolution of the two momentum strategies on Copart Inc since the beginning:

Copart Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Copart Inc

Buy the dip entry openings on Copart Inc

Copart Inc

The performance achieved by the robo-advisor on Copart Inc is 51.48%. That represents 732.31$ of latent gain with 1422.57$ of employed capital. The following chart shows Copart Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Copart Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

51.48 %

Latent gain

732.31 $

Invested capital

1422.57 $

Annualized return

24.51 %

Equity curve of the strategy applied to Copart Inc

The following chart shows the result of the investment strategy applied to Copart Inc:

Copart Inc

Note: the dividends potentially given by Copart Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Copart Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Copart Inc:

Copart Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Copart Inc

In this section, I will compare the three previous investment strategies applied to Copart Inc.

Equity curve comparison on Copart Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Copart Inc investment strategy comparison

Employed capital comparison on Copart Inc

Copart Inc investment comparison

Performance comparison on Copart Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 111.08% 1863.0$ 1677.16$ 27.09%
Momentum 1 quarter 85.92% 3769.87$ 4387.89$ 22.26%
Momentum 2 quarters 97.62% 2433.02$ 2492.42$ 26.97%
Non-directional 51.48% 732.31$ 1422.57$ 24.51%
Annualized return comparison

Automatic investment

27.09 %

Momentum 1Q

26.97 %

Momentum 2Q

26.97 %

Non-directional

24.51 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Copart Inc:

Note: The algorithm computes the probability of correlation between Copart Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Copart Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Copart Inc
Country United States
City Dallas
Address 14185 Dallas Parkway
Phone 972 391 5000
Website www.copart.com
FullTime employees 9500
Industry Auto & Truck Dealerships
Sector Consumer Cyclical
Exchange XNAS
Ticker CPRT
Market www.nasdaq.com

Copart Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 1.6
Peer Environment Performance 2.5724137931034
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 11.1
Peer Social Performance 8.6658620689655
Social Percentile unknown
Highest Controversy 1
Peer Highest Controversy Performance 1.4516129032258
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Operations IncidentsEmployee IncidentsCustomer Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 5.5
Peer Governance Performance 5.1044827586207
Governance Percentile unknown

ESG at glance
Total ESG Scores: 18.1
Environment Score: 1.6
Social Score: 11.1
Governance Score: 5.5

ESG Performance: UNDER_PERF

Peer Group: Commercial Services

Peer Esg Score Performance: 16.342580645161

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 19