CEO Jeffrey Liaw opened the call by stating, "We're pleased to announce the results of another record year for Copart across a number of dimensions, including units sold, revenue and operating profit.

Copart operates one of the most resilient marketplace models in the U.S. economy, built around a salvage-auction network that connects insurers, dismantlers, dealers, exporters, and recyclers. The ...

Copart's strong buy rating is justified by its exceptional 20% ROE, debt-free balance sheet, and impressive $1.5 billion annual operating cash flow. Operating in a duopoly with IAA, Copart's ...

Let’s dig into the relative performance of Copart (NASDAQ:CPRT) and its peers as we unravel the now-completed Q4 asset management & auction services earnings season. Like in other industries, the ...