Copart Inc logo

Copart Inc

21
4
NAS:CPRT (USA)   Ordinary Shares
$ 51.80 +0.8 (+1.57%) 04:00 PM EST
37.27
P/B:
6.62
Market Cap:
$ 49.85B
Enterprise V:
$ 45.78B
Volume:
4.15M
Avg Vol (2M):
4.42M
Trade In:
Volume:
4.15M
Avg Vol (2M):
4.42M

Business Description

Copart Inc logo
Copart Inc
NAICS : 441120 SIC : 5521
ISIN : US2172041061

Share Class Description:

CPRT: Ordinary Shares
Description
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.