CPRT Overview — StockExplainer

+1247%

+29.7% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US

Exchange NASDAQ

Industry Auto - Dealerships

Sector Consumer Cyclical

Market Cap $54.52B

CEO Mr. Jeffrey Liaw

Copart, Inc. is a company that helps people buy and sell cars online through auctions. They work with different groups, like insurance companies and car dealers, to sell vehicles that are damaged, unwanted, or no longer needed. Copart provides a platform where sellers can list their cars, and buyers can bid on them from anywhere. They also offer services like vehicle inspections and transportation to make the selling process easier for everyone involved.

Streams of revenue

Service: 86%

Product: 14%

Geographic Distribution

UNITED STATES: 83%

International: 17%

Core Products

📄

Title Processing Title services

🔄

Vehicle Remarketing Remarketing services

🛠️

Salvage Vehicle Sales Salvage sales

🚗

Online Vehicle Auctions Auction platform

Business Type

Platform/Marketplace

Competitive Advantages

🌐

Extensive Network Copart has a vast network of locations and partnerships, enabling wide reach and accessibility for buyers and sellers.

🏅

Membership Programs Tiered membership options create a sense of exclusivity and loyalty among regular buyers, encouraging repeat business.

💻

Proprietary Technology The company's advanced online auction technology provides a seamless and efficient bidding process.

🌟

Strong Brand Recognition Copart is well-known in the vehicle remarketing industry, which attracts both sellers and buyers.

📦

Diverse Service Offerings The variety of services provided, from vehicle processing to transportation, enhances customer loyalty and retention.

Key Business Risks

📉

Market Volatility Fluctuations in the auto industry and economic conditions can impact vehicle demand and auction prices.

🚚

Supply Chain Issues Disruptions in supply chains for vehicles or parts can affect inventory levels and sales capabilities.

⚖️

Regulatory Compliance Changes in regulations related to vehicle sales and environmental standards may increase operational costs.

💻

Technological Disruption Emerging technologies and online platforms can alter the competitive landscape, potentially eroding market share.

🔗

Dependence on Key Partnerships Reliance on insurance companies and dealers for a significant portion of revenue poses risks if partnerships weaken.

Meeting Expectations

5 /10

Higher values indicate better execution and credibility

Business Overview

Performance Analysis

Stock Price

Performance Analysis

Stock Price