Copart Inc (CPRT)

Operating profit margin

Jul 31, 2025 Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021
Operating income US$ in thousands 1,696,710 1,572,020 1,486,570 1,375,000 1,136,430
Revenue US$ in thousands 4,646,960 4,236,820 3,869,520 3,500,920 2,692,510
Operating profit margin 36.51% 37.10% 38.42% 39.28% 42.21%

July 31, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,696,710K ÷ $4,646,960K
= 36.51%

The operating profit margin of Copart Inc. has exhibited a gradual decline over the period from July 31, 2021, to July 31, 2025. Specifically, the margin decreased from 42.21% in 2021 to 39.28% in 2022, representing a reduction of approximately 2.93 percentage points. This downward trend continued into 2023, with the margin declining further to 38.42%, a decrease of 0.86 percentage points compared to the previous year. The decreasing pattern persisted through 2024, where the operating profit margin reached 37.10%, reflecting a year-over-year decline of 1.32 percentage points. The most recent data for July 31, 2025, indicates a further reduction to 36.51%, a decline of 0.59 percentage points from the prior year. Overall, the data demonstrates a consistent, albeit modest, contraction in the company's operating profit margin over the analyzed period, signaling potential challenges in maintaining operating efficiency or changes in operating expenses relative to revenue.


Peer comparison

Jul 31, 2025

Company name
Symbol
Operating profit margin
Copart Inc
CPRT
36.51%
Unifirst Corporation
UNF
7.59%