Question 1

What is Copart's EV/EBITDA ratio?

Accepted Answer

Copart (CPRT) EV/EBITDA ratio is 10.4× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Copart?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Copart specifically, the relevant sector benchmark is the current sector median of 15.9×.

Question 5

Is Copart's EV/EBITDA ratio high or low?

Accepted Answer

Copart's EV/EBITDA ratio of 10.4× is below its own 5-year average of 21.6× and below the sector median of 15.9×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Copart's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Copart (CPRT) EV/EBITDA ratio has ranged from a low of 5.4× in 2003 to a high of 31.4× in 2024. The 5-year average is 21.6× and the 5-year median is 22.1×.

Question 7

What was Copart's EV/EBITDA ratio in 2025?

Accepted Answer

Copart (CPRT) EV/EBITDA ratio at the end of 2025 was 18.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Copart's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$43.8B	$2.11B	18.5×	-6.5×	Jul 31, 2025
2024	$50.4B	$1.88B	25.1×	+1.6×	Jul 31, 2024
2023	$42.2B	$1.71B	23.4×	+3.8×	Jul 31, 2023
2022	$30.7B	$1.49B	19.7×	-7.4×	Jul 31, 2022
2021	$34.8B	$1.26B	27.1×	+3.3×	Jul 31, 2021
2020	$21.9B	$922M	23.8×	+1.6×	Jul 31, 2020
2019	$17.8B	$810M	22.2×	+1.8×	Jul 31, 2019
2018	$13.4B	$661M	20.4×	+5.7×	Jul 31, 2018
2017	$7.25B	$521M	14.7×	+1.7×	Jul 31, 2017
2016	$5.62B	$469M	13.0×	+1.3×	Jul 31, 2016
2015	$4.49B	$399M	11.7×	-0.4×	Jul 31, 2015
2014	$4.2B	$358M	12.1×	+0.8×	Jul 31, 2014
2013	$4.07B	$386M	11.4×	+1.6×	Jul 31, 2013
2012	$3B	$338M	9.8×	-0.5×	Jul 31, 2012
2011	$2.93B	$314M	10.3×	+0.4×	Jul 31, 2011
2010	$3.07B	$283M	9.9×	-0.5×	Jul 31, 2010
2009	$2.96B	$270M	10.4×	-2.7×	Jul 31, 2009
2008	$3.73B	$283M	13.1×	+3.5×	Jul 31, 2008
2007	$2.54B	$245M	9.6×	-1.0×	Jul 31, 2007
2006	$2.42B	$202M	10.6×	+0.5×	Jul 31, 2006
2005	$2.21B	$194M	10.1×	-1.3×	Jul 31, 2005
2004	$2B	$161M	11.3×	+5.3×	Jul 31, 2004
2003	$842M	$120M	6.1×	-3.8×	Jul 31, 2003
2002	$1.22B	$110M	9.9×	—	Jul 31, 2002


Tennant (TNC)	13.3×
Republic Services (RSG)	13.2×
Honeywell International (HON)	13.2×
Stanley Black & Decker (SWK)	13.2×
Carlisle Companies (CSL)	12.8×
Equifax (EFX)	12.7×
Snap-on (SNA)	12.4×
Northrop Grumman (NOC)	12.2×
A. O. Smith (AOS)	12.1×
Brady (BRC)	12.1×
Canadian National Railway (CNI)	12.0×
Textron (TXT)	10.7×
Masco (MAS)	10.6×
Amentum Holdings (AMTM)	10.5×
FedEx (FDX)	10.5×
Andersons (ANDE)	10.2×
ABM Industries (ABM)	10.0×
McGrath RentCorp (MGRC)	9.3×
United Parcel Service (UPS)	9.1×
Delta Air Lines (DAL)	9.1×
Alamo Group (ALG)	8.4×
AGCO (AGCO)	7.7×
United Airlines Holdings (UAL)	7.3×
Matthews International (MATW)	7.0×
Upwork (UPWK)	6.9×

EV/EBITDA for Copart (CPRT) 2002-2026

EV/EBITDA daily chart for Copart (CPRT)

Historical EV/EBITDA for Copart (CPRT) from 2002 to 2025

About EV/EBITDA at Copart (CPRT)

Copart EV/EBITDA by Year

Copart EV/EBITDA 2025: 18.5×

Copart EV/EBITDA 2024: 25.1×

Copart EV/EBITDA 2023: 23.4×

Copart EV/EBITDA 2022: 19.7×

Copart EV/EBITDA 2021: 27.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Copart (CPRT) Key Financials