Question 1

What is Copart's P/E ratio?

Accepted Answer

Copart (CPRT) P/E ratio is 19.2× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Copart?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Copart specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

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

Accepted Answer

Copart's P/E ratio of 19.2× is below its own 5-year average of 31.5× and below the sector median of 27.8×. 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/E ratio range?

Accepted Answer

In the available daily series, Copart (CPRT) P/E ratio has ranged from a low of 12.9× in 2003 to a high of 45.7× in 2024. The 5-year average is 31.5× and the 5-year median is 31.9×.

Question 7

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

Accepted Answer

Copart (CPRT) P/E ratio at the end of 2025 was 28.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$43.84B	$1.55B	28.2×	-8.7×	Jul 31, 2025
2024	$50.37B	$1.36B	37.0×	+2.8×	Jul 31, 2024
2023	$42.25B	$1.24B	34.1×	+6.0×	Jul 31, 2023
2022	$30.65B	$1.09B	28.1×	-9.0×	Jul 31, 2022
2021	$34.79B	$936.50M	37.2×	+5.9×	Jul 31, 2021
2020	$21.90B	$699.91M	31.3×	+1.3×	Jul 31, 2020
2019	$17.77B	$591.69M	30.0×	-2.0×	Jul 31, 2019
2018	$13.37B	$417.87M	32.0×	+13.6×	Jul 31, 2018
2017	$7.25B	$394.23M	18.4×	-2.4×	Jul 31, 2017
2016	$5.62B	$270.12M	20.8×	+0.4×	Jul 31, 2016
2015	$4.49B	$219.78M	20.4×	-3.1×	Jul 31, 2015
2014	$4.20B	$178.69M	23.5×	+0.9×	Jul 31, 2014
2013	$4.07B	$180.03M	22.6×	+6.2×	Jul 31, 2013
2012	$3.00B	$182.12M	16.5×	-1.2×	Jul 31, 2012
2011	$2.93B	$166.37M	17.6×	-2.7×	Jul 31, 2011
2010	$3.07B	$151.63M	20.3×	-0.7×	Jul 31, 2010
2009	$2.96B	$141.10M	21.0×	-2.8×	Jul 31, 2009
2008	$3.73B	$156.93M	23.8×	+5.2×	Jul 31, 2008
2007	$2.54B	$136.34M	18.6×	-6.3×	Jul 31, 2007
2006	$2.42B	$96.95M	24.9×	+3.3×	Jul 31, 2006
2005	$2.21B	$102.12M	21.6×	-3.7×	Jul 31, 2005
2004	$2.00B	$79.02M	25.3×	+10.6×	Jul 31, 2004
2003	$842.30M	$57.22M	14.7×	-6.6×	Jul 31, 2003
2002	$1.22B	$57.39M	21.3×	—	Jul 31, 2002


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Copart (CPRT)

P/E Ratio daily chart for Copart (CPRT)

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

About P/E Ratio at Copart (CPRT)

Copart P/E Ratio by Year

Copart P/E Ratio 2025: 28.2×

Copart P/E Ratio 2024: 37.0×

Copart P/E Ratio 2023: 34.1×

Copart P/E Ratio 2022: 28.1×

Copart P/E Ratio 2021: 37.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Copart (CPRT) Key Financials

P/E Ratio daily chart for Copart (CPRT)

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

About P/E Ratio at Copart (CPRT)

Copart P/E Ratio by Year

Copart P/E Ratio 2025: 28.2×

Copart P/E Ratio 2024: 37.0×

Copart P/E Ratio 2023: 34.1×

Copart P/E Ratio 2022: 28.1×

Copart P/E Ratio 2021: 37.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Copart's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Copart?

+Is Copart's P/E ratio high or low?

+What is Copart's historical P/E ratio range?

+What was Copart's P/E ratio in 2025?

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

Copart (CPRT) Key Financials