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$2.2 billion
- It’s a lucrative business: Copart booked $700 million in net income on $2.2 billion sales in its 2020 fiscal year which ended in July, increasing its profits by 18% from the previous year despite the pandemic.
www.forbes.com/sites/giacomotognini/2020/11/16/how-to-make-a-billion-dollars-junkyard-cars-copart-salvage/How Copart Is Making A Billion Dollars From A Junkyard - Forbes
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Dallas, Texas November 16, 2023 — Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2023. For the three months ended October 31, 2023, revenue, gross profit, and net income were $1,020.4 million, $464.0 million, and $332.5 million, respectively.
Copart annual revenue for 2024 was $4.237B, a 9.49% increase from 2023. Copart annual revenue for 2023 was $3.87B, a 10.53% increase from 2022. Copart annual revenue for 2022 was $3.501B, a 30.02% increase from 2021. Compare CPRT With Other Stocks.
Mar 18, 2024 · Copart is the largest online vehicle auction platform for damaged cars globally, with a market capitalization of $53 billion as of March 2024. This is one of the most fascinating stories of businesses that have generated enormous shareholder value over time within a very niche market segment.
Sep 8, 2021 · Copart offers services to process and sell vehicles to dealers, dismantlers, rebuilders, exporters, and to the general public. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals.
Feb 22, 2024 · For the six months ended January 31, 2024, Copart's revenue was $2.04 billion, a 10.3% increase, while net income attributable to Copart Inc. was $658.2 million, up by 22.0% from the previous...
May 19, 2021 · Fully diluted earnings per share for the three months were $1.19 compared to $0.62 last year, an increase of 91.9%. For the nine months ended April 30, 2021, revenue, gross profit, and net income were $1.9 billion, $985.6 million, and $680.5 million, respectively.
