Copart Inc (CPRT)

Net profit margin

		Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Net income	US$ in thousands	1,363,020	1,237,740	1,090,130	936,495	699,907
Revenue	US$ in thousands	4,256,810	3,956,090	3,481,860	2,689,660	2,205,580
Net profit margin		32.02%	31.29%	31.31%	34.82%	31.73%

July 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,363,020K ÷ $4,256,810K
= 32.02%

Copart Inc's net profit margin has shown consistency over the past five years, ranging from 31.29% to 34.82%. The company's ability to generate profits relative to its revenue has remained strong, with the margins consistently above 30%. The highest net profit margin was recorded in 2021 at 34.82%, indicating a peak in profitability during that fiscal year. However, the margins in the following years have slightly decreased but still remained within the 31-32% range, showcasing stability in Copart Inc's profitability. Overall, the company has maintained healthy levels of profitability, demonstrating efficient cost management and revenue generation strategies.