We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Copart posted Q4 EPS of 41 cents, topping estimates and rising 24% year over year.
Service revenues reached $956.2M, accounting for nearly 85% of total quarterly revenues.
Operating income climbed to $412.6M, with net income up 22.7% from the prior year.
Copart, Inc. (CPRT - Free Report) reported fourth-quarter fiscal 2025 (ended July 31, 2025) adjusted earnings per share of 41 cents, which beat the Zacks Consensus Estimate of 37 cents. The bottom line increased 24.24% year over year. The online auto auction leader generated revenues of $1.13 billion, missing the Zacks Consensus Estimate of $1.15 billion. The top line, however, rose 5.25% from the year-ago reported figure.
Copart’s fiscal fourth-quarter service revenues were $956.2 million, which increased from $893.1 million recorded in the year-ago period. However, the figure missed the Zacks Consensus Estimate of $969 million. Service revenues accounted for 84.98% of total revenues.
Vehicle sales totaled $168.89 million in the quarter, which declined from the prior-year quarter’s $175.91 million and the Zacks Consensus Estimate of $178 million.
Although global insurance volumes declined approximately 2% year over year in the fourth quarter of fiscal 2025, total loss frequency in the United States was 22.2% compared with 21.5% in the corresponding quarter of the previous year. Rising vehicle complexity, calibration needs and escalating repair costs continue to drive higher total loss rates, which benefit Copart’s business as a higher total loss rate leads to more salvage vehicles, a key driver of its revenues.
While yard operations expenses rose 2.8% year over year to $418.5 million, the cost of vehicle sales declined 9% to $147.4 million. Yard depreciation and amortization came in at $47.17 million, up 5.9% year over year. Yard stock-based compensation increased 18.5% to $2.31 million.
Gross profit was up 12.4% year over year to $509.72 million. General and administrative expenses rose 3.1% from the prior-year quarter to $83.9 million. Total operating expenses rose 0.4% to $712.5 million.
Operating income rose to $412.6 million from $359.5 million recorded in the year-ago quarter. Net income also grew 22.7% year over year to $395.31 million.
Copart had cash, cash equivalents and restricted cash of $2.78 billion as of July 31, 2025, compared with $1.51 billion as of July 31, 2024.
Net cash from operating activities and capex during fiscal 2025 totaled $1.8 billion and $569 million, respectively.
Mobileye Global Inc. (MBLY - Free Report) reported second-quarter 2025 adjusted earnings per share of 13 cents. The figure beat the Zacks Consensus Estimate of 11 cents. The company reported earnings per share of 9 cents in the year-ago quarter. Total revenues amounted to $506 million, beating the Zacks Consensus Estimate of $485 million. The metric also rose 15.26% year over year.
MBLY had cash and cash equivalents of $1.71 billion as of June 28, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the six months ended June 28, 2025, was $322 million. Capex was $28 million during the same time frame.
Group 1 Automotive (GPI - Free Report) reported second-quarter 2025 adjusted earnings per share (EPS) of $11.52, which beat the Zacks Consensus Estimate of $10.31 and rose 17.5% year over year. The automotive retailer registered net sales of $5.7 billion, which beat the Zacks Consensus Estimate of $5.55 billion. The top line also rose from the year-ago quarter’s $4.7 billion.
Group 1 had cash and cash equivalents of $52.7 million as of June 30, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $3.2 billion as of June 30, 2025, up from $2.91 billion as of Dec. 31, 2024.
Lear Corp. (LEA - Free Report) reported its second-quarter 2025 adjusted earnings per share of $3.47, which beat the Zacks Consensus Estimate of $3.23, thanks to better-than-expected revenues and profits from the Seating and E-System segments. The bottom line, however, decreased from $3.60 reported in the year-ago quarter. In the reported quarter, revenues remained flat year over year at $6.03 billion and beat the Zacks Consensus Estimate of $5.89 billion.
The company had $888 million in cash and cash equivalents as of June 28, 2025, compared with $1.05 billion as of Dec. 31, 2024. Long-term debt was $2.76 billion as of June 28, 2025, up from 2024-end levels. During the quarter under discussion, net cash used in operating activities totaled $296.2 million. The company posted an FCF of $170.8 million in the quarter.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Copart Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
Key Takeaways
Copart, Inc. (CPRT - Free Report) reported fourth-quarter fiscal 2025 (ended July 31, 2025) adjusted earnings per share of 41 cents, which beat the Zacks Consensus Estimate of 37 cents. The bottom line increased 24.24% year over year. The online auto auction leader generated revenues of $1.13 billion, missing the Zacks Consensus Estimate of $1.15 billion. The top line, however, rose 5.25% from the year-ago reported figure.
Copart, Inc. Price, Consensus and EPS Surprise
Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote
Key Tidbits of CPRT’s Q4 Results
Copart’s fiscal fourth-quarter service revenues were $956.2 million, which increased from $893.1 million recorded in the year-ago period. However, the figure missed the Zacks Consensus Estimate of $969 million. Service revenues accounted for 84.98% of total revenues.
Vehicle sales totaled $168.89 million in the quarter, which declined from the prior-year quarter’s $175.91 million and the Zacks Consensus Estimate of $178 million.
Although global insurance volumes declined approximately 2% year over year in the fourth quarter of fiscal 2025, total loss frequency in the United States was 22.2% compared with 21.5% in the corresponding quarter of the previous year. Rising vehicle complexity, calibration needs and escalating repair costs continue to drive higher total loss rates, which benefit Copart’s business as a higher total loss rate leads to more salvage vehicles, a key driver of its revenues.
While yard operations expenses rose 2.8% year over year to $418.5 million, the cost of vehicle sales declined 9% to $147.4 million. Yard depreciation and amortization came in at $47.17 million, up 5.9% year over year. Yard stock-based compensation increased 18.5% to $2.31 million.
Gross profit was up 12.4% year over year to $509.72 million. General and administrative expenses rose 3.1% from the prior-year quarter to $83.9 million. Total operating expenses rose 0.4% to $712.5 million.
Operating income rose to $412.6 million from $359.5 million recorded in the year-ago quarter. Net income also grew 22.7% year over year to $395.31 million.
Copart had cash, cash equivalents and restricted cash of $2.78 billion as of July 31, 2025, compared with $1.51 billion as of July 31, 2024.
Net cash from operating activities and capex during fiscal 2025 totaled $1.8 billion and $569 million, respectively.
CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Other Key Releases From the Auto Space
Mobileye Global Inc. (MBLY - Free Report) reported second-quarter 2025 adjusted earnings per share of 13 cents. The figure beat the Zacks Consensus Estimate of 11 cents. The company reported earnings per share of 9 cents in the year-ago quarter. Total revenues amounted to $506 million, beating the Zacks Consensus Estimate of $485 million. The metric also rose 15.26% year over year.
MBLY had cash and cash equivalents of $1.71 billion as of June 28, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the six months ended June 28, 2025, was $322 million. Capex was $28 million during the same time frame.
Group 1 Automotive (GPI - Free Report) reported second-quarter 2025 adjusted earnings per share (EPS) of $11.52, which beat the Zacks Consensus Estimate of $10.31 and rose 17.5% year over year. The automotive retailer registered net sales of $5.7 billion, which beat the Zacks Consensus Estimate of $5.55 billion. The top line also rose from the year-ago quarter’s $4.7 billion.
Group 1 had cash and cash equivalents of $52.7 million as of June 30, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $3.2 billion as of June 30, 2025, up from $2.91 billion as of Dec. 31, 2024.
Lear Corp. (LEA - Free Report) reported its second-quarter 2025 adjusted earnings per share of $3.47, which beat the Zacks Consensus Estimate of $3.23, thanks to better-than-expected revenues and profits from the Seating and E-System segments. The bottom line, however, decreased from $3.60 reported in the year-ago quarter. In the reported quarter, revenues remained flat year over year at $6.03 billion and beat the Zacks Consensus Estimate of $5.89 billion.
The company had $888 million in cash and cash equivalents as of June 28, 2025, compared with $1.05 billion as of Dec. 31, 2024. Long-term debt was $2.76 billion as of June 28, 2025, up from 2024-end levels. During the quarter under discussion, net cash used in operating activities totaled $296.2 million. The company posted an FCF of $170.8 million in the quarter.