Copart Inc

CPRT

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
    USA

    T: +1 972 391-5000

    E: [email protected]

    https://www.copart.com

  • Sector

    Industrials

    Stock type

    Sensitive

  • Industry

    Specialty Business Services

    Fiscal Year End

    31 July 2027

    Employees

    11,900

Copart Inc News & Analysis

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