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.