| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 48 | 19.3x | 17.8x | Around median | |
Growth | 59 | — | 7.1% | Around median | |
Quality | 66 | 14.1% | 4.5% | Top tier | |
Safety | 96 | — | 2.6x | Top tier | |
Capital Return | 68 | — | 2.12% | Top tier | |
Momentum | 15 | -39.3% | 2.9% | Bottom tier | |
Sentiment | 42 | 9 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Copart operates a global vehicle auction marketplace that connects insurance companies, car rental companies, dealers, financial institutions, and fleet operators with buyers in more than 160 countries. The company generates revenue from auction services and unit-related fees, from the sale of purchased vehicles, and from services such as Title Express and long-distance domestic transportation; its fees also benefit partly from higher selling prices achieved for sellers. Vehicles sourced from insurance companies represent the core of the business, while Copart expands its supply base through BluCar, Dealer Services, Purple Wave, and sellers in the fleet and finance sectors.
In Q3 of fiscal year 2026, with results announced on May 21, 2026, consolidated revenue rose 2.1% year over year to $1.24 billion, as a 4.6% increase in average selling prices offset a 2.4% decline in units sold. Gross profit grew 3.7% to $572.6 million, and gross margin expanded 71 basis points to 46.3%, while operating income rose 2.8% to $464.3 million. Net income reached $402.4 million, and diluted earnings per share increased 2.4% to $0.43, benefiting partly from share repurchases.
The segment mix in Q3 of fiscal year 2026 revealed a clear divergence: U.S. revenue declined approximately 0.4%, but gross profit rose 0.9% to $484.1 million and operating margin reached 38.1%. By contrast, international revenue rose 14.1% to $234.2 million, or 7.9% excluding currency effects, while international gross profit jumped 21.9% and operating income reached $73.8 million at a 31.5% margin. Copart ended the quarter with approximately $5.5 billion in liquidity, including $4.2 billion in cash and cash equivalents and held-to-maturity securities, and no debt.
The analyst consensus rates Copart shares a "Buy," with an average price target of $35 and a wide range between $25 and $45. The average is roughly equidistant from the 52-week range low of $26.81 and its high of $50.11, while the highest target remains approximately 10% below the high and the lowest target falls below the low, reflecting meaningful disagreement over the impact of weak U.S. volumes versus the strength of the international business and margin expansion. The data does not include a usable price-to-earnings ratio, so the valuation cannot be anchored to a reliable earnings multiple.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
Revenue rose 2.1% to $1.24 billion in Q3 of fiscal year 2026, despite a 2.4% decline in units sold. The decline was offset by a 4.6% increase in average selling prices, while gross profit grew 3.7% to $572.6 million and margin expanded to 46.3%. Net income reached $402.4 million and diluted earnings per share were $0.43, up 2.4% year over year.
Global insurance units declined 2.7% and U.S. insurance units fell 4.2% in Q3 of fiscal year 2026, or 1.9% and approximately 3%, respectively, excluding the catastrophe volumes referenced on the call. Management attributed this to changes in insurance companies' policy mix and lower claims as consumers reduced coverage because of higher premiums. Data cited by the company showed that insured vehicle-years declined 4% in the fourth calendar quarter of 2025 and that 25% of repairs had become self-paid.
In Q3 of fiscal year 2026, international buyers represented more than one-third of the units sold at Copart's U.S. auctions and approximately half of auction proceeds. The network spans more than 160 countries, and demand growth from Central Europe, West Africa, Central America, and the Caribbean offset lower direct participation from some Middle Eastern markets. This buyer base contributed to a 4.1% year-over-year increase in the average selling price of U.S. insurance vehicles.
Automated analysis for informational purposes only — not investment advice.
Combined fleet and finance seller volume grew at a double-digit rate in Q3 of fiscal year 2026, the BluCar channel increased by more than 4%, while the Dealer Services and recreational vehicle businesses grew 1%. Purple Wave achieved growth of more than 25% in gross transaction value during the twelve months ended in that quarter, driven by the geographic expansion of sales teams and deeper institutional account relationships. Management estimates the U.S. market for vehicles sold through auctions outside insurance companies at more than 15 million vehicles, while emphasizing that not all of this volume is immediately available to Copart.
Copart ended Q3 of fiscal year 2026 with approximately $5.5 billion in liquidity and no debt. Liquidity included $4.2 billion in cash and cash equivalents and held-to-maturity securities, while free cash flow increased 12% from the beginning of the fiscal year through the end of the quarter. During the same period, the company repurchased more than 43.4 million shares for over $1.6 billion through transactions under 10b5-1 plans and open-market purchases.
The average analyst target is $35, with a "Buy" consensus and a target range of $25 to $45. This compares with a 52-week range of $26.81 to $50.11, with the highest target approximately 10% below the top of the range and the lowest target below its bottom. The data does not provide a usable price-to-earnings ratio, so the available valuation assessment rests on the breadth of the target range and the trade-off between declining U.S. volumes and 14.1% international revenue growth in Q3 of fiscal year 2026.
