Edwyn
Over the five-year period, COPART, INC. experienced steady growth in key income statement metrics, with revenue increasing from approximately USD 2.69 billion in 2021 to about USD 4.65 billion in 2025. The most notable jump occurred between 2021 and 2022, where revenue surged by roughly 30%, suggesting a strong recovery or expansion phase possibly linked to robust market demand or operational scaling. Following that jump, revenue continued to grow at a more moderate pace of around 9–10% per year. Gross profit and operating income mirrored these trends, maintaining strong margins relative to revenue, and highlighting operational efficiency. The consistency between gross profit and operating income figures indicates that COPART effectively controlled its operating expenses during this period. Net income also followed an upward trend, rising from USD 936 million in 2021 to USD 1,552 million in 2025, although its incremental gains slightly lagged behind revenue growth. The initial significant leap in 2022 was followed by steady growth, which reflects stable profitability and efficient cost management amid expanding operations. In the context of the automotive remarketing and online auction industry, where digital transformation and market consolidation are common, COPART’s consistent performance and margin preservation suggest a sustainable financial position. Overall, based on these data-driven metrics, the company appears financially robust, effectively navigating market conditions while maintaining steady and sustainable growth.
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.