Copart Historical Income Statement

CPRT Stock  USD 56.12  0.35  0.63%   
Historical analysis of Copart income statement accounts such as Interest Expense of 153 M, Total Revenue of 4.4 B or Gross Profit of 2 B can show how well Copart Inc performed in making a profits. Evaluating Copart income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Copart's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Copart Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Copart Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Copart Income Statement Analysis

Copart Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Copart shareholders. The income statement also shows Copart investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Copart Income Statement Chart

At this time, Copart's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 331.9 M in 2024, whereas Tax Provision is likely to drop slightly above 192.2 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Copart Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Copart Inc minus its cost of goods sold. It is profit before Copart operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Copart Inc. It is also known as Copart overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Copart Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Copart Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Copart's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Copart Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Copart's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 331.9 M in 2024, whereas Tax Provision is likely to drop slightly above 192.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue3.5B3.9B4.2B4.4B
Interest Expense16.7M65.9M145.7M153.0M

Copart income statement Correlations

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Copart Account Relationship Matchups

Copart income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization101.4M122.0M138.0M159.5M189.8M199.2M
Interest Expense18.9M20.2M16.7M65.9M145.7M153.0M
Total Revenue2.2B2.7B3.5B3.9B4.2B4.4B
Gross Profit1.0B1.3B1.6B1.7B1.9B2.0B
Other Operating Expenses1.4B1.6B2.1B2.4B2.7B2.8B
Operating Income816.1M1.1B1.4B1.5B1.6B1.7B
Ebit822.6M1.1B1.4B1.5B1.6B1.7B
Ebitda924.0M1.3B1.5B1.6B1.8B1.8B
Cost Of Revenue1.2B1.3B1.9B2.1B2.3B2.5B
Total Operating Expenses191.7M206.7M231.2M250.4M316.1M331.9M
Income Before Tax800.8M1.1B1.3B1.6B1.7B1.8B
Total Other Income Expense Net(15.3M)(14.6M)(34.0M)1.8M142.6M149.7M
Net Income699.9M936.5M1.1B1.2B1.4B1.4B
Income Tax Expense100.9M185.4M250.8M316.6M352.3M369.9M
Selling General Administrative167.3M185.6M211.2M233.0M335.2M352.0M
Net Income Applicable To Common Shares699.9M936.5M1.1B1.2B1.4B1.5B
Net Income From Continuing Ops699.9M936.5M1.1B1.2B1.4B1.4B
Non Operating Income Net Other(1.5M)8.3M5.0M(17.4M)(15.6M)(14.8M)
Selling And Marketing Expenses7.7M13.7M15.4M17.8M28.3M29.7M
Tax Provision100.9M185.4M250.8M316.6M352.3M192.2M
Net Interest Income(18.9M)(20.2M)(16.7M)65.9M145.7M153.0M
Reconciled Depreciation104.3M123.1M138.6M159.7M190.3M128.9M

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When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.