Copart Inc (CPRT)
Pretax margin
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,895,580 | 1,714,600 | 1,554,330 | 1,340,950 | 1,121,850 |
| Revenue | US$ in thousands | 4,646,960 | 4,236,820 | 3,869,520 | 3,500,920 | 2,692,510 |
| Pretax margin | 40.79% | 40.47% | 40.17% | 38.30% | 41.67% |
July 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $1,895,580K ÷ $4,646,960K
= 40.79%
The pretax margin of Copart Inc has exhibited relative stability over the analyzed period from July 31, 2021, to July 31, 2025. Specifically, the pretax margin was 41.67% as of July 31, 2021. This figure experienced a decline to 38.30% by July 31, 2022, representing a decrease of approximately 3.37 percentage points year-over-year. Subsequently, the margin recovered modestly, reaching 40.17% on July 31, 2023, indicating a recovery of roughly 1.87 percentage points from the prior year. Continuing this trend, the pretax margin increased slightly to 40.47% on July 31, 2024, reflecting an improvement of approximately 0.30 percentage points. The most recent data point for July 31, 2025, shows a further increase to 40.79%, representing a year-over-year rise of about 0.32 percentage points. Overall, the pretax margin demonstrates resilience despite fluctuations, maintaining a level near the high 30s to low 40s percentage range throughout the period. This stability suggests consistent profitability before taxation, with minor variations likely attributable to operational or market factors affecting earnings margins over time.