Copart (CPRT)
Market Price (12/14/2025): $38.775 | Market Cap: $37.5 BilSector: Industrials | Industry: Diversified Support Services
Copart (CPRT)
Market Price (12/14/2025): $38.775Market Cap: $37.5 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12% | Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -51% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% | ||
| Low stock price volatilityVol 12M is 24% | ||
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Circular Economy & Recycling, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Circular Economy & Recycling, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -51% |
Valuation, Metrics & Events
CPRT Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are the key points highlighting why Copart's stock (CPRT) moved by -20.8% from approximately August 31, 2025, to December 14, 2025: 1. Revenue Misses and Flat Growth in Recent Earnings Reports. Copart reported fiscal Q4 2025 earnings on September 4, 2025, with revenues of $1.13 billion, missing the Zacks Consensus Estimate of $1.15 billion. Similarly, for fiscal Q1 2026, reported on November 20, 2025, revenues of $1.16 billion fell short of analyst expectations of $1.18 billion to $1.19 billion, reflecting largely flat year-over-year revenue growth of 0.7%. 2. Decline in Insurance Volumes and Global Unit Sales. During Copart's fiscal Q4 2025, global and U.S. insurance volumes decreased by approximately 2% year-over-year. Overall global unit sales also saw a decline of 0.9% in the same quarter, indicating a softening in a critical segment of the company's business.
Show moreStock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CPRT Return | 40% | 19% | -20% | 61% | 17% | -33% | 70% |
| Peers Return | � | � | -28% | 37% | 27% | -4% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 111% |
Monthly Win Rates [3] | |||||||
| CPRT Win Rate | 75% | 50% | 42% | 75% | 42% | 33% | |
| Peers Win Rate | � | 48% | 40% | 55% | 55% | 47% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| CPRT Max Drawdown | -35% | -18% | -32% | -1% | -5% | -33% | |
| Peers Max Drawdown | � | � | -37% | -5% | -10% | -32% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: RBA, KAR, ACVA, KMX, AN. See CPRT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/12/2025 (YTD)
How Low Can It Go
| Event | CPRT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -35.4% | -25.4% |
| % Gain to Breakeven | 54.8% | 34.1% |
| Time to Breakeven | 328 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.8% | -33.9% |
| % Gain to Breakeven | 77.8% | 51.3% |
| Time to Breakeven | 163 days | 148 days |
| 2018 Correction | ||
| % Loss | -32.4% | -19.8% |
| % Gain to Breakeven | 47.9% | 24.7% |
| Time to Breakeven | 121 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -51.9% | -56.8% |
| % Gain to Breakeven | 108.1% | 131.3% |
| Time to Breakeven | 1142 days | 1480 days |
Compare to ORLY, AZO, CVNA, LAD, KMX
In The Past
Copart's stock fell -35.4% during the 2022 Inflation Shock from a high on 11/16/2021. A -35.4% loss requires a 54.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
Trade Ideas
Select past ideas related to CPRT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.9% | 22.9% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 8.7% | 8.7% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.8% | 1.8% | 0.0% |
| 07312025 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.7% | -14.7% | -15.3% |
| 10312022 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 36.3% | 51.3% | -3.2% |
| 04302022 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.4% | 39.1% | -9.6% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.9% | 22.9% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 8.7% | 8.7% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.8% | 1.8% | 0.0% |
| 07312025 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.7% | -14.7% | -15.3% |
| 10312022 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 36.3% | 51.3% | -3.2% |
| 04302022 | CPRT | Copart | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.4% | 39.1% | -9.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Copart
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 39.84 |
| Mkt Cap | 7.0 |
| Rev LTM | 4,592 |
| Op Inc LTM | 491 |
| FCF LTM | 394 |
| FCF 3Y Avg | 353 |
| CFO LTM | 603 |
| CFO 3Y Avg | 604 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.7% |
| Rev Chg 3Y Avg | 8.6% |
| Rev Chg Q | 7.6% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Mgn LTM | 7.8% |
| Op Mgn 3Y Avg | 6.4% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 13.8% |
| CFO/Rev 3Y Avg | 11.0% |
| FCF/Rev LTM | 9.1% |
| FCF/Rev 3Y Avg | 6.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.0 |
| P/S | 2.0 |
| P/EBIT | 9.5 |
| P/E | 18.6 |
| P/CFO | 19.8 |
| Total Yield | 4.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.8% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 9.7% |
| 3M Rtn | -15.5% |
| 6M Rtn | -11.0% |
| 12M Rtn | -13.0% |
| 3Y Rtn | 53.7% |
| 1M Excs Rtn | 10.8% |
| 3M Excs Rtn | -17.9% |
| 6M Excs Rtn | -25.3% |
| 12M Excs Rtn | -27.0% |
| 3Y Excs Rtn | -24.3% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/20/2025 | -0.7% | -4.6% | |
| 9/4/2025 | -2.8% | -2.1% | -9.7% |
| 5/22/2025 | -11.5% | -15.1% | -19.8% |
| 2/20/2025 | -2.8% | -5.1% | -7.9% |
| 11/21/2024 | 10.2% | 11.4% | 2.6% |
| 9/4/2024 | -6.7% | -6.9% | -1.6% |
| 5/16/2024 | -0.1% | -1.9% | -0.4% |
| 2/22/2024 | 4.0% | 7.6% | 16.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 9 |
| # Negative | 15 | 14 | 14 |
| Median Positive | 1.8% | 3.5% | 5.5% |
| Median Negative | -1.8% | -4.8% | -6.0% |
| Max Positive | 10.2% | 11.4% | 16.2% |
| Max Negative | -11.5% | -15.1% | -38.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 10312025 | 11242025 | 10-Q 10/31/2025 |
| 7312025 | 9262025 | 10-K 7/31/2025 |
| 4302025 | 6032025 | 10-Q 4/30/2025 |
| 1312025 | 2262025 | 10-Q 1/31/2025 |
| 10312024 | 11262024 | 10-Q 10/31/2024 |
| 7312024 | 9302024 | 10-K 7/31/2024 |
| 4302024 | 5232024 | 10-Q 4/30/2024 |
| 1312024 | 2272024 | 10-Q 1/31/2024 |
| 10312023 | 11212023 | 10-Q 10/31/2023 |
| 7312023 | 9282023 | 10-K 7/31/2023 |
| 4302023 | 5252023 | 10-Q 4/30/2023 |
| 1312023 | 2242023 | 10-Q 1/31/2023 |
| 10312022 | 11182022 | 10-Q 10/31/2022 |
| 7312022 | 9272022 | 10-K 7/31/2022 |
| 4302022 | 5252022 | 10-Q 4/30/2022 |
| 1312022 | 3032022 | 10-Q 1/31/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |