Copart Profit Margin 2010-2024 | CPRT
Current and historical gross margin, operating margin and net profit margin for Copart (CPRT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Copart net profit margin as of January 31, 2024 is 33.41%.
| Copart Annual Profit Margins |
| Copart Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Auction & Valuation Services |
$51.248B |
$3.870B |
|
Copart, Inc. provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Copart's services include online supplier access, salvage estimation services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing and flexible vehicle processing programs, among others.
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