Copart (CPRT) Gross Margin (2009 - 2026)
Copart's Gross Margin was 56.03% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 2.38 percentage points from 58.41% a year earlier and down 3.22 percentage points from the prior quarter.
Copart (CPRT) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Gross Margin at Copart came in at 57.87%, down 0.29 percentage points from FY2025.
- Gross Margin has now declined for five consecutive fiscal years, with a five-year change of -4.87 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 58.16% in FY2025 (-1.48 pp), 59.64% in FY2024 (-1.13 pp), 60.77% in FY2023 (-1.83 pp) and 62.60% in FY2022 (-0.14 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Gross Margin since fiscal Q3 2020.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of -0.89 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q1 2022 (a gain of 2.23 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 Q4 2026 was 59.24% (Q3 2026), 57.35% (Q2 2026) and 58.75% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 174.04 Bn | 166.29 Bn | - | - |
| 2 | Csx | 93.63 Bn | 88.85 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 78.71 Bn | 78.42 Bn | - | - |
| 4 | United Parcel Service | 75.71 Bn | 52.63 Bn | - | - |
| 5 | Norfolk Southern | 74.09 Bn | 68.55 Bn | - | - |
| 6 | Fedex | 70.69 Bn | 36.64 Bn | - | - |
| 7 | Delta Air Lines | 50.49 Bn | 32.68 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.91 Bn | 37.17 Bn | - | - |
| 9 | United Airlines Holdings | 31.82 Bn | -25.88 Bn | - | - |
| 10 | Copart | 26.86 Bn | 11.28 Bn | 645.66 Mn | 56.03% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 56.03% |
| 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% |
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_KEY
import 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();