Question 1

What is Copart's P/FCF ratio?

Accepted Answer

Copart (CPRT) P/FCF ratio is 19.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. 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 P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Copart?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Copart specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Copart's P/FCF ratio high or low?

Accepted Answer

Copart's P/FCF ratio of 19.6× is below its own 5-year average of 44.6× and below the sector median of 24.3×. 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 P/FCF ratio range?

Accepted Answer

In the available daily series, Copart (CPRT) P/FCF ratio has ranged from a low of 15.3× in 2012 to a high of 4063.9× in 2003. The 5-year average is 44.6× and the 5-year median is 44.8×.

Question 7

What was Copart's P/FCF ratio in 2025?

Accepted Answer

Copart (CPRT) P/FCF ratio at the end of 2025 was 35.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Copart's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). 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	$1.23B	35.6×	-16.8×	Jul 31, 2025
2024	$50.4B	$962M	52.4×	+2.5×	Jul 31, 2024
2023	$42.2B	$848M	49.8×	+13.3×	Jul 31, 2023
2022	$30.7B	$839M	36.5×	-29.4×	Jul 31, 2022
2021	$34.8B	$528M	65.9×	-2.6×	Jul 31, 2021
2020	$21.9B	$320M	68.5×	+3.2×	Jul 31, 2020
2019	$17.8B	$272M	65.3×	+9.2×	Jul 31, 2019
2018	$13.4B	$238M	56.1×	+33.4×	Jul 31, 2018
2017	$7.25B	$320M	22.7×	-12.8×	Jul 31, 2017
2016	$5.62B	$159M	35.4×	+11.3×	Jul 31, 2016
2015	$4.49B	$186M	24.2×	-1.0×	Jul 31, 2015
2014	$4.2B	$167M	25.2×	—	Jul 31, 2014
2013	$4.07B	-$15M	—	—	Jul 31, 2013
2012	$3B	$172M	17.4×	+0.4×	Jul 31, 2012
2011	$2.93B	$173M	17.0×	-13.1×	Jul 31, 2011
2010	$3.07B	$102M	30.1×	+6.3×	Jul 31, 2010
2009	$2.96B	$124M	23.8×	-22.5×	Jul 31, 2009
2008	$3.73B	$80.7M	46.3×	—	Jul 31, 2008
2007	$2.54B	-$14.8M	—	—	Jul 31, 2007
2006	$2.42B	$24.3M	99.6×	+67.9×	Jul 31, 2006
2005	$2.21B	$69.7M	31.7×	-7.8×	Jul 31, 2005
2004	$2B	$50.6M	39.5×	-61.3×	Jul 31, 2004
2003	$842M	$8.36M	100.8×	—	Jul 31, 2003
2002	$1.22B	-$3.95M	—	—	Jul 31, 2002


Thomson Reuters (TRI)	18.8×
PACCAR (PCAR)	18.6×
United Parcel Service (UPS)	18.5×
Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
United Airlines Holdings (UAL)	17.5×
Honeywell International (HON)	17.4×
Equifax (EFX)	17.0×
Norfolk Southern (NSC)	16.9×
FedEx (FDX)	15.9×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Masco (MAS)	13.0×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	10.1×
ABM Industries (ABM)	7.2×
Upwork (UPWK)	6.3×

P/FCF Ratio for Copart (CPRT) 2003-2026

P/FCF Ratio daily chart for Copart (CPRT)

Historical P/FCF Ratio for Copart (CPRT) from 2002 to 2025

About P/FCF Ratio at Copart (CPRT)

Copart P/FCF Ratio by Year

Copart P/FCF Ratio 2025: 35.6×

Copart P/FCF Ratio 2024: 52.4×

Copart P/FCF Ratio 2023: 49.8×

Copart P/FCF Ratio 2022: 36.5×

Copart P/FCF Ratio 2021: 65.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Copart (CPRT) Key Financials