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 express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services.
Its services also comprise services to sell vehicles through BluCar, 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, a proprietary technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; and membership tiers for those registering to buy vehicles through Copart.com.
In addition, it provides IntelliSeller, an automated tool leveraging its vast and detailed vehicle and sales data to assist its sellers in making vital auction decisions; Purple Wave Inc., that offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions; 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 | 11,700 |
| 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 |
| Hessel Verhage | Chief Operating Officer |
| Gavin Renfrew | Vice President and Chief Accounting 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 |
|---|---|---|
| Nov 12, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Oct 24, 2024 | ARS | Filing |
| Oct 24, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Oct 24, 2024 | DEF 14A | Other definitive proxy statements |
| Oct 22, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Sep 30, 2024 | 10-K | Annual Report |
| Sep 4, 2024 | 8-K | Current Report |
| Jul 9, 2024 | 144 | Filing |
| May 23, 2024 | 10-Q | Quarterly Report |
| May 16, 2024 | 8-K | Current Report |