Copart Inc (CPRT)
Net profit margin
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,552,450 | 1,363,020 | 1,237,740 | 1,090,130 | 936,495 |
| Revenue | US$ in thousands | 4,646,960 | 4,236,820 | 3,869,520 | 3,500,920 | 2,692,510 |
| Net profit margin | 33.41% | 32.17% | 31.99% | 31.14% | 34.78% |
July 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $1,552,450K ÷ $4,646,960K
= 33.41%
The net profit margin of Copart Inc. exhibits a generally stable yet gradually evolving trend over the period from July 31, 2021, to July 31, 2025. As of July 31, 2021, the company's net profit margin stood at 34.78%, indicating a relatively high level of profitability relative to its revenue. This figure declined to 31.14% by July 31, 2022, reflecting a decrease of approximately 3.64 percentage points year-over-year, which could suggest increased expenses, shifts in revenue composition, or other operational factors impacting net profitability.
Subsequently, the margin experienced a slight recovery, reaching 31.99% by July 31, 2023, representing an increase of about 0.85 percentage points from the previous year. This upward movement indicates an improvement in the company's ability to convert sales into net income, potentially due to operational efficiencies or favorable market conditions.
Further progression is observed with the margin increasing modestly to 32.17% by July 31, 2024, and then continuing upward to 33.41% by July 31, 2025. The increase in the latter period, approximately 1.24 percentage points over the prior year, signifies a consistent trend toward enhanced profitability margins.
Overall, Copart Inc.'s net profit margin demonstrates resilience and a positive trajectory in recent years, with margins narrowing initially but gradually recovering and expanding, suggesting effective management of costs and revenue streams aimed at sustaining or improving profitability over this period.