Copart Stock Stalls at $45.76 Ahead of Q3 Results as Margins Impress
By ATTN Desk · Editorial oversight: Sean Han
Introduction
Copart Inc (NASDAQ: CPRT), headquartered in Dallas, Texas, operates an online vehicle auction and remarketing platform. Founded in 1982, the company facilitates the sale of used, wholesale, and repairable cars, trucks, motorcycles, and boats. Through its patented VB3 virtual bidding system, Copart connects consignors—primarily auto insurers—with a global pool of over 750,000 registered buyers across 11 countries.
Corporate Structure
Copart employs between 5,001 and 10,000 people worldwide, supported by more than 200 physical locations and over 10,000 acres of vehicle inventory. The workforce includes teams focused on technology, logistics, customer service, and compliance. Employee development initiatives, including leadership training and tuition reimbursement, reflect an emphasis on professional growth and operational effectiveness.
Vehicle Auction by sue hughes
Developments and News
- On October 22, 2025, Copart shares closed at $45.76, unchanged from the prior trading session, with a trading volume of 237,711 shares.
- The company is scheduled to report third-quarter results on November 20, 2025.
- In the 52-week period ending October 22, 2025, the stock has traded between $43.32 and $64.38. The consensus one-year target estimate for the stock is $56.00.
- Volume on October 21, 2025, reached 5.36 million shares, compared with a 20-day average of 6.70 million shares.
Financial and Strategic Analysis
Copart’s fee-based business model, where it collects service fees tied to final sale prices, supports strong profit margins. Key financial metrics (trailing twelve months to September 30, 2025) include:
| Metric | Value |
|---|---|
| Revenue | $4.65 billion |
| Net Income | $1.55 billion |
| Profit Margin | 33.41% |
| Diluted EPS | $1.59 |
| P/E Ratio (TTM) | 28.78 |
| Enterprise Value/EBITDA | 20.08 |
| Total Cash (mrq) | $4.79 billion |
| Total Debt/Equity (mrq) | 1.13% |
| Levered Free Cash Flow (TTM) | $868.9 million |
Strategically, Copart uses its VB3 platform to enhance operational efficiency and transparency, while additional services—transportation, storage, title transfer, and salvage value estimation—contribute to revenue diversification. About 80% of vehicle supply comes from insurance carriers managing total-loss claims.
Market Position and Industry Context
Copart is one of the largest online vehicle remarketers, selling over 4 million units annually. Its primary competitors include IAA Inc and various regional salvage auction operators. The ongoing transition toward digital auctions and the increasing volume of total-loss vehicles in North America and Europe support Copart’s growth. The company continues to expand globally through acquisitions and new facility openings.
tl;dr
As of October 22, 2025, CPRT shares are priced at $45.76 after displaying flat performance. Third-quarter earnings results are expected on November 20, 2025. Key metrics include $4.65 billion in revenue, a 33.41% profit margin, and $868.9 million in free cash flow. The one-year analyst target is $56.00. Market focus remains on volume trends ahead of the earnings report and implications of the macroeconomic environment on fee-based auction margins.