Dollar Amounts
USD (Millions)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Assets | $4,562 | $5,309 | $6,738 | $8,428 | $10,091 |
| Liabilities | $1,033 | $683 | $750 | $879 | $883 |
| Equity | $3,529 | $4,626 | $5,987 | $7,524 | $9,187 |
Balance sheet data in USD (millions)
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Edwyn
Over the past five years, Copart, Inc. has shown significant growth in its financial position, with a steady increase in total assets, liabilities, and stockholders' equity. The company's total assets have more than doubled from 2021 to 2025, indicating substantial expansion and investment in its operations. This growth is primarily driven by a consistent increase in equity, which has outpaced the rise in liabilities, showcasing strong financial health and solid shareholder value. A noteworthy trend is the decreasing proportion of liabilities to total assets, indicating that Copart, Inc. has been able to finance its growth more through equity rather than debt. This can be seen as a positive sign, as it reduces financial risk and enhances the company's ability to withstand economic downturns. In the industry context, this may suggest that Copart, Inc. has been able to efficiently manage its capital structure and leverage ratios, positioning itself well for future growth and profitability.
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.