Company Description
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain.
It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals.
The company’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.
Its services also comprise services to sell vehicles through CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations.
In addition, it provides non-salvage powersport vehicle remarketing services through live and online auction platforms.
The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public.
Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.
| Country | United States |
| Founded | 1982 |
| IPO Date | Mar 16, 1994 |
| Industry | Specialty Business Services |
| Sector | Industrials |
| Employees | 10,200 |
| CEO | Jeffrey Liaw |
Contact Details
Address: 14185 Dallas Parkway, Suite 300 Dallas, Texas 75254 United States | |
| Phone | 972-391-5000 |
| Website | copart.com |
Stock Details
| Ticker Symbol | CPRT |
| Exchange | NASDAQ |
| Fiscal Year | August - July |
| Reporting Currency | USD |
| CIK Code | 0000900075 |
| CUSIP Number | 217204106 |
| ISIN Number | US2172041061 |
| Employer ID | 94-2867490 |
| SIC Code | 5500 |
Key Executives
| Name | Position |
|---|---|
| Jeffrey Liaw | Chief Executive Officer and Director |
| Willis J. Johnson | Founder and Chairman |
| A. Jayson Adair | Executive Chairman |
| Leah C. Stearns | Senior Vice President and Chief Financial Officer |
| Gavin Renfrew | Vice President and Chief Accounting Officer |
| Hessel Verhage | Chief Operating Officer |
| Rama Prasad | Chief Technology Officer |
| Paul K. Kirkpatrick | Chief Legal Officer and Secretary |
| Robert H. Vannuccini | Chief Sales Officer |
| David Kang | Chief Marketing Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 9, 2024 | 144 | Filing |
| May 23, 2024 | 10-Q | Quarterly Report |
| May 16, 2024 | 8-K | Current Report |
| Mar 28, 2024 | 144 | Filing |
| Mar 13, 2024 | 144 | Filing |
| Mar 12, 2024 | 8-K | Current Report |
| Feb 27, 2024 | 10-Q | Quarterly Report |
| Feb 26, 2024 | 144 | Filing |
| Feb 22, 2024 | 8-K | Current Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |