Copart Inc (CPRT)
Pretax margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,715,270 | 1,554,330 | 1,340,950 | 1,121,850 | 800,839 |
| Revenue | US$ in thousands | 4,256,810 | 3,956,090 | 3,481,860 | 2,689,660 | 2,205,580 |
| Pretax margin | 40.29% | 39.29% | 38.51% | 41.71% | 36.31% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,715,270K ÷ $4,256,810K
= 40.29%
The pretax margin of Copart Inc has shown a generally positive trend over the past five years, with slight fluctuations. The company's pretax margin was highest in July 2021 at 41.71% and lowest in July 2020 at 36.31%. Overall, Copart Inc has maintained strong pretax margins, indicating efficient cost management and profitability levels. The latest pretax margin of 40.29% in July 2024 shows a slight increase compared to the previous year, demonstrating the company's ability to generate substantial earnings before accounting for taxes. This consistent performance in pretax margin reflects Copart Inc's effective operational efficiency and financial management.
Peer comparison
Jul 31, 2024