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Copart, Inc. (CPRT), with a market cap of $49.1 billion, is a leader in the online auction and vehicle remarketing industry. Headquartered in Dallas, Texas, Copart provides an extensive array of services focused on processing and selling salvage and clean title vehicles. The company primarily operates online, serving a diverse clientele of sellers and buyers across the globe.
Shares of Copart have slightly underperformed the broader market over the past 52 weeks. CPRT has gained 16.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.6%. In 2024, shares of CPRT are up 4.1%, compared to the SPX's 12% gains on a YTD basis.
