--- title: "Copart: Metrics Guide" description: "Copart revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/copart/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Copart: Financial & Operating Metrics Guide ## Direct Answer Copart reported revenue of $4.6 billion for the fiscal year ended July 31, 2025, with an operating margin of 36.5% and net income of $1.6 billion, according to its SEC filings. Revenue grew 9.7% from the prior year. ## What Are Copart's Key Financial Figures? | Fiscal year | FY2025ended July 31, 2025 | FY2024ended July 31, 2024 | FY2023ended July 31, 2023 | FY2022ended July 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $4.6 billion | $4.2 billion | $3.9 billion | $3.5 billion | | Operating income | $1.7 billion | $1.6 billion | $1.5 billion | $1.4 billion | | Operating margin | 36.5% | 37.1% | 38.4% | 39.3% | | Net income | $1.6 billion | $1.4 billion | $1.2 billion | $1.1 billion | | Net margin | 33.4% | 32.2% | 32.0% | 31.1% | | Operating cash flow | $1.8 billion | $1.5 billion | $1.4 billion | $1.2 billion | | Capital expenditures | $569 million | $511 million | $517 million | $337 million | | Free cash flow | $1.2 billion | $962 million | $848 million | $839 million | Operating margin narrowed by 0.6 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $1.2 billion against net income of $1.6 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of Copart revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $4.6 billion, operating income $1.7 billion and net income $1.6 billion.](https://www.getswoopr.com/images/charts/copart-metrics-revenue-profit.webp) *Copart revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Copart operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 36.5% and net margin was 33.4%.](https://www.getswoopr.com/images/charts/copart-metrics-margins.webp) *Copart operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Copart operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $1.8 billion, capital expenditures was $569 million, free cash flow was $1.2 billion.](https://www.getswoopr.com/images/charts/copart-metrics-cash-flow.webp) *Copart operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Copart's Balance Sheet Show? | Cash and cash equivalents | $2.8 billion | | --- | --- | | Long-term debt | Not reported | | Total assets | $10.1 billion | | Total liabilities | $883 million | | Shareholders' equity | Not reported | | Current ratio | 8.4x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Copart reported in its own SEC filings, read from the SEC's XBRL data (accession 0001193125-26-405731 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Copart's revenue in fiscal 2025? Copart reported revenue of $4.6 billion for the fiscal year ended July 31, 2025, according to its SEC filings. ### What is Copart's operating margin? Copart's operating margin was 36.5% in fiscal 2025: operating income of $1.7 billion on revenue of $4.6 billion. ### How much free cash flow did Copart generate? Operating cash flow of $1.8 billion less capital expenditures of $569 million gives free cash flow of $1.2 billion for fiscal 2025. ## References - [SEC EDGAR: COPART INC Form 10-K filed September 29, 2026](https://www.sec.gov/Archives/edgar/data/900075/000119312526405731/cprt-20260731.htm) - [SEC EDGAR: COPART INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=900075&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Copart company dossier](https://www.getswoopr.com/stocks/companies/copart/) - [Copart financial metrics](https://www.getswoopr.com/stocks/companies/copart/metrics/) - [Copart financial risk indicators](https://www.getswoopr.com/stocks/companies/copart/risks/) - [Copart peer comparison](https://www.getswoopr.com/stocks/companies/copart/competitors/) - [Copart business model and revenue mix](https://www.getswoopr.com/stocks/companies/copart/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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