Copart, Inc. (CPRT)

Copart's stock price has experienced downward pressure, trading near its 52-week low. Key events include the February 2026 earnings report, where earnings per share missed estimates and revenue fell, leading to a stock drop. The November 2025 earnings report also caused a stock decline due to slow revenue growth and unit volume decline. Despite the stock decline, Copart repurchased over 13 million shares and secured a new $1.25 billion unsecured revolving credit facility.

Demand for Copart's products and services exhibits seasonality influenced by weather patterns and economic factors. Total loss frequency is higher in the spring and summer due to severe weather, while collision losses are higher in winter in states with harsh winters. The tax refund season in March can drive consumer demand for used vehicles. The increasing technological complexity and repair costs of modern vehicles contribute to a rising total loss frequency.

Copart, Inc. is a global leader in online vehicle auction and remarketing services, operating in the Industrials sector. Founded in 1982, it provides an online auction platform connecting vehicle sellers with buyers worldwide. Copart offers online auctions for various vehicles and comprehensive services to process and sell vehicles, with approximately 80% of its vehicle volume supplied by auto insurance companies.

Copart operates a global network with over 200 locations across 11 countries, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. The company is headquartered in Dallas, Texas, and facilitates over 4 million transactions annually.

Copart maintains a strong brand reputation through market leadership, technological innovation, and commitment to sustainability and community involvement. The company engages in community engagement by partnering with local law enforcement and fire departments, demonstrates environmental responsibility by minimizing its environmental footprint, and plays a role in disaster relief by investing in equipment and infrastructure.

Copart, Inc. has a diverse ownership structure, with a significant portion held by institutional investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Principal Financial Group Inc. Willis J. Johnson, the founder, is the largest individual shareholder, owning 7.72% of the company. A. Jayson Adair is another significant insider owner.