Copart Inc (CPRT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.46% | 39.86% | 40.19% | 40.22% | 38.98% | 37.71% | 36.91% | 36.98% | 38.20% | 39.43% | 40.57% | 41.00% | 41.31% | 43.64% | 43.53% | 44.54% | 45.69% | 44.99% | 45.34% | 44.84% |
| Operating profit margin | 36.94% | 37.12% | 37.79% | 38.20% | 37.59% | 37.51% | 37.33% | 37.95% | 39.50% | 40.20% | 41.43% | 41.94% | 42.27% | 42.20% | 39.73% | 38.30% | 37.00% | 36.14% | 36.65% | 36.09% |
| Pretax margin | 40.31% | 40.07% | 40.49% | 40.49% | 39.30% | 37.87% | 37.02% | 37.16% | 38.53% | 39.75% | 40.90% | 41.35% | 41.73% | 41.55% | 39.09% | 37.68% | 36.31% | 35.37% | 35.88% | 35.51% |
| 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% |
Copart Inc's profitability ratios have been relatively stable over the past several quarters. The gross profit margin has shown a slight decline from around 44.54% in January 2021 to approximately 36.46% in July 2024. This indicates a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
Similarly, the operating profit margin has hovered around 36% to 42% over the same period, suggesting consistent efficiency in managing operating expenses relative to sales. The pretax margin has shown a similar trend, staying within the range of 35% to 41%, reflecting the company's ability to control costs before accounting for taxes.
In terms of net profitability, Copart Inc has maintained a net profit margin of approximately 30% to 34% throughout the analyzed period. This indicates the company's ability to generate solid bottom-line profits after considering all expenses, including taxes.
Overall, Copart Inc's profitability ratios demonstrate a consistent performance in terms of generating profits relative to its revenue and controlling costs over the specified period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.65% | 20.01% | 20.86% | 21.41% | 22.06% | 22.37% | 23.17% | 24.25% | 25.90% | 24.83% | 25.44% | 24.76% | 24.91% | 24.30% | 23.07% | 22.97% | 23.62% | 25.40% | 26.75% | 26.98% |
| Return on assets (ROA) | 16.17% | 17.33% | 17.85% | 18.06% | 18.37% | 18.17% | 18.24% | 19.23% | 20.53% | 19.88% | 21.23% | 20.26% | 20.53% | 19.76% | 17.96% | 18.23% | 20.26% | 21.76% | 24.05% | 24.36% |
| Return on total capital | 20.83% | 22.28% | 23.26% | 24.40% | 24.78% | 25.30% | 26.36% | 27.94% | 29.71% | 28.42% | 29.09% | 28.98% | 28.94% | 28.56% | 30.97% | 31.83% | 28.45% | 35.33% | 38.49% | 40.38% |
| Return on equity (ROE) | 18.06% | 19.29% | 19.91% | 20.58% | 20.67% | 20.63% | 20.75% | 22.16% | 23.57% | 24.86% | 26.66% | 26.27% | 26.54% | 26.04% | 24.02% | 25.16% | 28.11% | 30.16% | 34.50% | 36.11% |
Copart Inc's profitability ratios show a generally positive trend over the past few years. The Operating Return on Assets (Operating ROA) has been consistently strong, ranging from 18.65% to 26.98% over the recent periods, indicating efficient use of assets to generate operating income.
Return on Assets (ROA) has also shown a favorable trend, varying between 16.17% and 24.36%, indicating the company's ability to generate profits relative to its total assets. The Return on Total Capital has been on an upward trajectory, ranging from 20.83% to 40.38%, highlighting Copart's effective utilization of both debt and equity to generate profits.
Furthermore, the Return on Equity (ROE) has consistently demonstrated strong performance, fluctuating between 18.06% and 36.11%, reflecting the ability of the company to generate profits for its shareholders.
Overall, Copart Inc's profitability ratios indicate sound operational efficiency, effective capital utilization, and strong returns for both assets and equity holders.