Copart Inc
Company Profile
Business description
Based in Dallas, Copart operates a global online salvage-vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 1 million registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals, and used-vehicle retailers. About 80% of Copart’s vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle’s final selling price.
Contact
14185 Dallas Parkway
Suite 300
DallasTX75254
USAT: +1 972 391-5000
Sector
Industrials
Stock type
Sensitive
Industry
Specialty Business Services
Fiscal Year End
31 July 2027
Employees
11,900
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