Industrials · Diversified Support Services · US stock · price as of 16 Oct 2026
Key indicators
Price
$27.87
52-week range
$25.72 – $45.89
Market cap
$26.7B
P/E (trailing)
18.1×
EV / EBITDA
13.5×
Free-cash-flow yield
4.8%
Dividend yield
–
Revenue (last 12 months)
$4.7B
Revenue growth (3y a year)
6.4%
Operating margin
35.4%
Return on invested capital
18.3%
Net debt / EBITDA
–
Fair value
Blended fair value$42.22 range $40 – $45
Versus priceUndervalued+52% to fair value
Peer multiples
$39.53
Fundamentals-adjusted multiple
$36.28
10-year DCF (market-scaled)
$50.83
Earnings power value (floor, not blended)
$19.20
Model uncertainty
Medium
X-Ray Score
65/ 100 · Medium confidence · ahead of 91% of sector peers
Valuation80
Growth46
Profitability59
Financial health72
Dividends–
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Copart operates online vehicle auctions for salvage and used cars, trucks and other vehicles, with yards in the United States and several other countries. Insurance companies, dealers and individuals use it to dispose of vehicles that are damaged, recovered from theft or no longer wanted. It earns money from fees charged to sellers and buyers, and storage and related services, so volumes depend on insurance claims.
The company reported revenue of $4.7 billion for the last twelve months at Copart Inc. Revenue growth over the past three years averaged 6.4% a year. It kept an operating margin of 35.4%. The return on invested capital reached 18%, a measure of profit earned on the money invested in the business. The company does not pay a dividend.
StocksXray gives Copart Inc an X-Ray Score of 65 out of 100 (medium confidence), ahead of 91% of the S&P 500 stocks in its sector. Its strongest lens is valuation (80) and its weakest is growth (46).
Our fair value blend is $42.22 (range $39.59 to $45.31). At $27.87 the stock trades 34% below that blend, so the label is "Undervalued" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Copart Inc (CPRT)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2022
FY2023
FY2024
FY2025
FY2026
Now
Price
$32.03
$44.20
$52.33
$45.33
$29.12
$27.87
Market cap
$30.9B
$42.7B
$51.0B
$44.3B
$27.9B
$26.7B
P/E
28.3×
34.5×
37.4×
28.5×
18.8×
18.1×
EV / revenue
8.4×
10.8×
11.7×
8.9×
5.6×
5.3×
EV / EBITDA
19.5×
25.4×
28.1×
21.7×
13.8×
13.5×
Price / free cash flow
36.8×
50.4×
53.0×
36.0×
22.0×
21.0×
Free-cash-flow yield
2.7%
2.0%
1.9%
2.8%
4.5%
4.8%
Price / book
6.7×
7.1×
6.8×
4.8×
3.1×
2.9×
Dividend yield
–
–
–
–
–
–
Fundamentals checklist ● 6 Good · ● 7 Average · ● 1 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−1.2%Bad
Free-cash-flow yield4.8%Average
Risk models
Altman Z score17.3×Good
Piotroski F-Score6 of 9Average
Growth
EPS growth (3y)6.6%Average
Free-cash-flow growth (3y)14.3%Average
Revenue growth (3y)6.4%Average
Growth consistency90%Average
Balance sheet
Current ratio7.9×Good
Interest coverno interest costGood
Valuation
Fair value vs price1.5×Good
EBIT / EV yield6.7%Good
Profitability
Return on invested capital18.3%Average
Operating margin35.4%Good
XStocksXray
Copart Inc (CPRT)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY22
FY23
FY24
FY25
FY26
LTM
Revenue
3,501
3,870
4,237
4,647
4,666
4,666
Gross profit
–
–
–
–
–
–
Operating income
1,375
1,487
1,572
1,697
1,653
1,653
Net income
1,090
1,238
1,363
1,552
1,484
1,484
Diluted EPS ($)
1.13
1.28
1.40
1.59
1.55
1.54
Free cash flow
839
848
962
1,231
1,267
1,267
Gross margin
–
–
–
–
–
–
Operating margin
39.3%
38.4%
37.1%
36.5%
35.4%
35.4%
Net margin
31.1%
32.0%
32.2%
33.4%
31.8%
31.8%
Balance sheet
FY22
FY23
FY24
FY25
FY26
LTM
Total assets
5,309
6,738
8,428
10,091
10,028
10,028
Cash
1,384
957
1,514
2,781
1,908
1,908
Total debt
2
11
0
–
–
–
Equity
4,626
5,987
7,524
9,187
9,097
9,097
Dividend per share ($)
–
–
–
–
–
–
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.