Copart Inc (CPRT)

Net profit margin

		Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019
Net income (ttm)	US$ in thousands	1,363,020	1,388,238	1,356,378	1,324,420	1,237,741	1,153,691	1,081,880	1,075,615	1,090,130	1,082,369	1,090,545	996,573	936,495	846,054	706,745	682,012	699,907	687,870	733,124	695,790
Revenue (ttm)	US$ in thousands	4,255,687	4,318,170	4,194,000	4,111,004	3,955,141	3,787,204	3,682,543	3,573,966	3,480,629	3,362,071	3,155,086	2,904,141	2,688,209	2,466,243	2,284,539	2,243,897	2,205,583	2,222,499	2,225,255	2,135,013
Net profit margin		32.03%	32.15%	32.34%	32.22%	31.29%	30.46%	29.38%	30.10%	31.32%	32.19%	34.56%	34.32%	34.84%	34.31%	30.94%	30.39%	31.73%	30.95%	32.95%	32.59%

July 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,363,020K ÷ $4,255,687K
= 32.03%

Based on the data provided, the net profit margin of Copart Inc has been relatively stable over the past five years, ranging between 29.38% and 34.84%. The company has consistently maintained a strong profitability measure, with the highest net profit margin recorded in the first quarter of fiscal year 2022 at 34.84%. Despite some fluctuations, the trend indicates that Copart Inc has been able to sustain healthy levels of profitability over the periods analyzed. Overall, the net profit margin figures demonstrate that the company has effectively managed its operational expenses in relation to its revenue generation, resulting in a consistent level of profitability.