Back to all stocks

CPRT

9/9 Score

Copart, Inc.

Analysis Date: February 21, 2026

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. It offers a range of services to process and sell vehicles over the internet through its virtual bidding third generation internet auction-style sales technology. 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 express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. Its services also comprise services to sell vehicles through BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; and copart 360, a proprietary technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans. In addition, it provides IntelliSeller, an automated tool leveraging its vehicle and sales data to assist its sellers in making vital auction decisions; Purple Wave Inc., that offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions; wholesale powersport vehicle remarketing services through live and online auction platforms. The company sells its products 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

Buffettology Criteria

All 9 of 9 criteria passed

  • High ROE

    Return on Equity > 12%

    Value: 16.7%

  • High ROIC

    Return on Invested Capital > 9%

    Value: 13.7%

  • Cash Machine

    FCF / Assets > 5%

    Value: 12.2%

  • Fair Valuation

    Earnings Yield > 3.5%

    Value: 4.4%

  • Share Buybacks

    Share Count is Dropping

    Value: 0.5%

  • Defensible Moat

    Gross Profit Margin > 40%

    Value: 45.3%

  • Simple Business

    Not in a speculative sector (e.g., Biotech)

    Value: Industrials

  • Conservative Debt

    Debt to Equity < 1.5

    Value: 0.01x

  • Consistent Growth

    5-Year Growth is Positive

    Value: 114.3%

Analysis Summary

This looks like a company running on all cylinders. A robust moat, strong returns on capital, and a clean balance sheet speak of a well-managed enterprise with enduring competitive advantages. With its business model generating considerable cash and a fair valuation, CPRT appears to be a compelling prospect for the patient, long-term investor.

Want More Analysis?

Get detailed scores for thousands of stocks and discover your next investment with the Vetted app.

Download Vetted