Copart stock holds above $33 as fiscal 2025 margins stay strong
Published on 08/22/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Copart Inc. (US2172041061) stock most recently closed at $33.80 on August 21, 2026, as the Nasdaq-listed salvage auction specialist continues to trade well below many estimates of its intrinsic value despite reporting strong profitability for fiscal 2025. Recent market data shows the shares have fallen 29.1 percent over the past twelve months even as the company delivered multi-billion-dollar revenue and high margins in its latest full-year results.
Latest share price and performance snapshot
Per a detailed stock overview updated on August 21, 2026, Copart stock last closed at $33.80, setting the current reference level for investors tracking the Nasdaq symbol CPRT. The same overview highlights that over the previous twelve months the share price declined 29.1 percent, underperforming many broader equity benchmarks despite the company maintaining solid profitability metrics.
The August 21, 2026 snapshot also places this $33.80 share price against a broader valuation context, noting that one commonly cited fair value estimate stands at $49 per share. That implies the stock is trading $15.20 below that fair value marker, a discount of more than 30 percent that underscores the gap between Copart's market price and some valuation models.
Fiscal 2025 revenue, profit and cash flow
The same stock analysis cites Copart's most recently completed fiscal year 2025 as the core reference point for current fundamentals. In that period the company generated revenue of $4.6 billion, confirming that the salvage and remarketing platform operates at substantial scale in its niche of online vehicle auctions.
Profitability in fiscal 2025 was also strong. Net income reached $1.6 billion, which corresponds to a net margin of 33.4 percent based on the figures presented. This means roughly one out of every three dollars of revenue flowed through to the bottom line after expenses and taxes, a level of profitability that stands out compared with many service-oriented businesses.
Operating income for fiscal 2025 came in at $1.7 billion, representing an operating margin of 36.5 percent according to the same data set. The fact that operating margin at 36.5 percent sits slightly above the 33.4 percent net margin reflects limited drag from non-operating items and taxes, reinforcing the narrative that Copart converts a large portion of gross profit into net earnings.
Cash generation supports that picture. The fiscal 2025 figures show operating cash flow of $1.8 billion, exceeding reported net income of $1.6 billion. That $200 million differential between cash generated and accounting profit suggests that Copart's earnings quality is strong, with cash inflows more than covering reported profit for the year.
Balance sheet strength and financial flexibility
In addition to profitability, the fiscal 2025 review highlights Copart's liquidity metrics. The company is reported to have a current ratio of 8.42, meaning its current assets are more than eight times its current liabilities. For investors, a current ratio at this level signals a highly liquid balance sheet with substantial short-term financial flexibility.
When these liquidity metrics are considered together with $1.8 billion in operating cash flow, the financial profile suggests that Copart has room to fund capital expenditures, pursue growth initiatives, and absorb potential cyclical pressures in salvage volumes without heavy reliance on external financing. That strength is a notable backdrop to the recent share price weakness.
Earnings trends and analyst expectations
Recent commentary on Copart's quarterly results indicates that the company has been delivering modest growth while outperforming consensus expectations. One summary of the latest available quarterly report notes that Copart earned $0.43 per share in that quarter compared with a consensus estimate of $0.41, beating expectations by $0.02 per share. The same report cites quarterly revenue of $1.24 billion against an analyst consensus of $1.19 billion, meaning top-line performance came in $50 million ahead of forecasts.
The same quarterly snapshot shows that revenue in that period increased 2.1 percent year over year, indicating single-digit growth from the prior-year quarter's base. During the comparable quarter one year earlier, the company posted earnings per share of $0.42, so the latest $0.43 figure represents earnings growth even as revenue expansion remained modest.
Looking at the full fiscal year, equities research coverage summarized in the same analysis points to expectations of $1.58 in earnings per share for the current year. That projected EPS is only marginally below the fiscal 2025 diluted EPS figure of $1.59 that appears in the longer-term financial overview, suggesting that the consensus currently anticipates a relatively stable earnings trajectory rather than a sharp downturn.
Valuation gap and fair value discussion
Beyond headline earnings, investors are also paying attention to valuation signals. A recent valuation-focused article on Copart highlights a fair value narrative centered on a $49 per share estimate, which is often contrasted with the recent closing price of $33.80. With the stock trading at that lower level on August 21, 2026, the implied discount to this fair value is significant.
The same discussion notes that the stock's 29.1 percent decline over the past twelve months occurred despite the company reporting a 36.5 percent operating margin and a 33.4 percent net margin for fiscal 2025. This divergence between share performance and underlying profitability has prompted some observers to characterize Copart as undervalued, though the stock market has yet to fully close that perceived gap.
From a fundamental standpoint, the combination of $4.6 billion in revenue, $1.6 billion in net income, and $1.8 billion in operating cash flow in fiscal 2025 supports the idea that Copart remains a highly profitable business. When those figures are compared with the current market capitalization that can be derived from the $33.80 share price and the share count implied in the earnings overview, the resulting multiples suggest that investors are not paying high premiums relative to trailing cash flows.
Shareholder activity and analyst stance
Recent filings and market commentary indicate that institutional investors continue to take positions in Copart even as the stock trades in the low $30s. Several investment firms have reported new stakes or incremental purchases, often citing the company's durable business model and strong balance sheet as reasons to hold exposure despite short-term price weakness.
At the same time, aggregate analyst ratings compiled in late August 2026 show that Copart carries a consensus recommendation of Hold from the research firms currently covering the stock. That consensus is paired with an average price target of $41.67 mentioned in the same dataset, which stands $7.87 above the August 21, 2026 closing price of $33.80. This gap between the market price and the average target underscores that, while analysts are not uniformly bullish, they generally see upside from current levels.
One research note referenced in the rating summary sets a specific price target of $45.00 for Copart shares. When compared with the recent $33.80 close, that single target implies potential appreciation of $11.20 per share should the stock move toward that objective. However, with the broader consensus still categorized as Hold, the market appears to be waiting for clearer catalysts in earnings growth or volume trends before re-rating the shares more aggressively.
Business model and Copart's online auction platform
Copart's financial performance is rooted in its role as a leading provider of online vehicle auction and remarketing services. The company operates a digital platform through which insurance companies, dealerships, rental car firms, financial institutions, and individual owners can sell vehicles ranging from total-loss cars to lightly damaged or clean-title units.
Buyers on the platform span domestic and international markets and include dismantlers, rebuilders, used car dealers, and exporters. The platform model allows Copart to match sellers and buyers efficiently across geographies, generating revenue primarily through fees and commissions associated with vehicle sale transactions, storage, and ancillary services such as title processing and logistics coordination.
Scale is a key competitive advantage. With revenue of $4.6 billion in fiscal 2025 and operating income of $1.7 billion, Copart leverages its extensive yard network, data capabilities, and global buyer base to process large volumes of vehicles while maintaining high margins. The high current ratio of 8.42 further underpins the company's ability to invest in additional yard capacity, technology upgrades, and cross-border logistics infrastructure as market dynamics evolve.
Stock level view for investors
From an investor's perspective, the current picture for Copart combines robust fundamentals with subdued recent share performance. As of the August 21, 2026 close, the stock price of $33.80 stands well below the $41.67 average analyst price target and the $49 per share fair value figure cited in valuation discussions. The 29.1 percent share price decline over the past year contrasts with fiscal 2025 revenue of $4.6 billion, net income of $1.6 billion, and operating cash flow of $1.8 billion, as well as a 36.5 percent operating margin and a 33.4 percent net margin.
For market participants assessing Copart in late August 2026, this combination of a discounted share price, strong profitability, and a highly liquid balance sheet shapes the risk-reward profile. The Nasdaq listing under ticker CPRT ensures that the stock remains accessible to a wide investor base, while the company's core salvage auction platform continues to generate substantial cash flows that can support long-term strategic initiatives.
Representative service in Copart's portfolio
One representative element of Copart's business is its online auction service for total-loss and salvaged vehicles. Through this offering, insurance carriers can move damaged vehicles quickly from claim resolution to sale, listing units on Copart's digital platform where a broad network of licensed buyers can bid in real time. The service includes vehicle pick-up from accident sites or storage locations, placement in Copart's yards, digital imaging and listing, and the facilitation of title transfer once a sale is completed. Fees collected from sellers and buyers across these stages contribute directly to the revenue figures reported in fiscal 2025 and help explain the company's ability to maintain operating margins above 36 percent.
Current stock level and trading venue
Copart stock trades on the Nasdaq exchange under the symbol CPRT, with the most recent closing price of $33.80 recorded on August 21, 2026 in U.S. dollars. This Nasdaq listing keeps the company firmly embedded in the U.S. equity market universe, allowing both institutional and individual investors to access the shares during regular U.S. trading hours.
Fact box
Company: Copart Inc.
ISIN: US2172041061
Ticker: CPRT
Exchange: Nasdaq
Price (as of August 21, 2026, 4:00 p.m. ET): $33.80 USD
Sector / Industry: Commercial services / vehicle auctions and remarketing
Index membership: Nasdaq index family
