Added to YB: 2026-09-22
Pitch date: 2026-09-17
CPRT [neutral]
Copart, Inc.
-2.46%
current return
Author Info
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Company Info
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.
Market Cap
$27.1B
Pitch Price
$29.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.84
P/E
18.89
EV/Sales
4.87
Sector
Commercial Services and Supplies
Category
special_situation
Copart 4Q26 Business Update
CPRT (earnings): Copart’s fiscal 4Q26 was lackluster: revenue rose 2.4%, gross profit fell 5.5% and operating profit declined 11% due to higher yard expenses and investments in long-haul delivery, Title Express and wholesale facilities. U.S. insurance volume dropped 7.5%, though assignments grew 2.3% excluding one idiosyncratic customer loss, while international insurance units rose 11.2%. The $1.9B ACV tender opens a larger whole-car market but may signal domestic insurance maturity and requires meaningful synergies given ACV’s losses.
Read full article (5 min)