Copart
Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland. Headquartered in Dallas, Texas, Copart has more than 200 physical locations around the world, where it houses more than 10,000 acres of vehicle inventory. Copart sells used, wholesale and repairable vehicles in weekly and bi-weekly online auctions to buyers ranging from consumers to automotive businesses around the world. Copart provides vehicle sellers with a range of services to process and sell repairable and clean title vehicles over the internet, using its patented virtual auction technology, named VB3, as well as others of its auction-related brands.
| Company type | Public |
|---|---|
Traded as |
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| Industry | Automotive |
| Founded | 1982, in Vallejo, California, United States |
| Founder | Willis J. Johnson |
| Headquarters | Dallas, Texas, U.S. |
Number of locations | 200+ |
Key people | Willis J. Johnson (chairman) Jay Adair (co-CEO) Jeff Liaw (co-CEO) |
| Revenue | US$3.87 billion (2023) |
| US$1.49 billion (2023) | |
Net income | US$1.24 billion (2023) |
| Total assets | US$6.74 billion (2023) |
| Total equity | US$5.99 billion (2023) |
Number of employees | c. 10,200 (2023) |
| Website | copart |
| Footnotes / references | |
Copart is a public company and is traded on the NASDAQ under the ticker symbol CPRT and has been named to Fortune's 2020 Future 50 companies, 100 Fasted-Growing Companies, and the Fortune 500 list.