Copart (CPRT) Gross Margin (2009 - 2026)
Copart's Gross Margin was 59.24% in fiscal Q3 2026 (quarter ended Apr 30, 2026), down 0.34 percentage points from 59.58% a year earlier but up 1.90 percentage points from the prior quarter.
Copart (CPRT) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Copart's Gross Margin was 58.46% through Apr 30, 2026, up 0.49 percentage points year-over-year; for FY2025 (ended Jul 31, 2025), it came in at 58.16%, down 1.48 percentage points from FY2024.
- Gross Margin has now declined for four consecutive fiscal years, though with a five-year change of +2.25 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 59.64% in FY2024 (-1.13 pp), 60.77% in FY2023 (-1.83 pp), 62.60% in FY2022 (-0.14 pp) and 62.74% in FY2021 (+6.83 pp).
- Quarterly Gross Margin has moved between 56.70% (fiscal Q1 2025) and 63.14% (fiscal Q3 2022) over five years.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -1.00 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2021 (a gain of 4.90 percentage points); the worst was fiscal Q1 2023 (a drop of 4.86 percentage points).
- Per Business Quant data, CPRT's Gross Margin in the three fiscal quarters before Q3 2026 was 57.35% (Q2 2026), 58.75% (Q1 2026) and 58.41% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn | 59.24% |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 59.24% |
| Jan 31, 2026 | 57.35% |
| Oct 31, 2025 | 58.75% |
| Jul 31, 2025 | 58.41% |
| Apr 30, 2025 | 59.58% |
| Jan 31, 2025 | 57.87% |
| Oct 31, 2024 | 56.70% |
| Jul 31, 2024 | 57.57% |
| Apr 30, 2024 | 61.07% |
| Jan 31, 2024 | 59.89% |
| Oct 31, 2023 | 59.97% |
| Jul 31, 2023 | 60.83% |
| Apr 30, 2023 | 62.91% |
| Jan 31, 2023 | 60.75% |
| Oct 31, 2022 | 58.27% |
| Jul 31, 2022 | 61.45% |
| Apr 30, 2022 | 63.14% |
| Jan 31, 2022 | 62.67% |
| Oct 31, 2021 | 63.13% |
| Jul 31, 2021 | 62.93% |
Copart Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CPRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CPRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CPRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();