Copart, Inc. (CPRT) Price and Market Data

Copart Inc. (CPRT), headquartered in Dallas, operates a global online salvage vehicle auction business with a presence in 11 countries across North America, Europe, and the Middle East, supporting more than 4 million transactions each year. Through its virtual bidding platform, VB3, the company connects vehicle sellers with over 750,000 registered buyers worldwide. Its buyer base mainly includes vehicle dismantlers, rebuilders, individual buyers, and used vehicle retailers. Roughly 80% of Copart’s vehicle volume comes from auto insurance companies selling vehicles classified as total losses. In addition to auctions, Copart provides vehicle transportation, storage, title transfer, and salvage value estimation services. The company primarily works on a consignment model and earns fees tied to the final sale price of each vehicle.