Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2,693 | $3,501 | $3,870 | $4,237 | $4,647 |
| Gross Profit | $1,136 | $1,375 | $1,487 | $1,572 | $1,697 |
| Operating Income | $1,136 | $1,375 | $1,487 | $1,572 | $1,697 |
| Net Income | $936 | $1,090 | $1,238 | $1,363 | $1,552 |
Over the past five years, Copart, Inc. has demonstrated strong, sustained growth across key financial metrics. Revenue increased from approximately $2.69 billion in 2021 to about $4.65 billion in 2025, with the most notable jump occurring between 2021 and 2022—a rise of around 30%. Gross profit, which directly mirrors operating income in this dataset, followed a similar upward trend from roughly $1.14 billion in 2021 to nearly $1.70 billion in 2025. Net income improved steadily as well, moving from around $936 million in 2021 to approximately $1.55 billion in 2025. The large percentage change between 2021 and 2022 stands out, suggesting that operational adjustments or underlying market conditions during that period may have significantly boosted profitability. This consistent expansion is particularly noteworthy given Copart’s role in the online vehicle auction and remarketing space—a sector that has benefited from digitization and evolving inventory management strategies. The nearly parallel growth of revenue, gross profit, and operating income indicates that the company has maintained stable margins, an encouraging sign of operational efficiency. Moreover, the steady increase in net income without major year-over-year fluctuations beyond the significant early swing reflects disciplined cost management and productivity gains. Overall, Copart’s financial performance over this five-year period appears robust and sustainable, positioning the company well within a competitive industry increasingly driven by technology and market expansion.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.