Copart (CPRT) Operating Margin (2009 - 2026)
Copart (CPRT) posted quarterly Operating Margin of 37.53% for Q2 2026, up 27.0% year-over-year from 29.55% in Q2 2025, and up 8.3% quarter-over-quarter from 34.65% in Q1 2026.
Copart (CPRT) Operating Margin (2009 - 2026) Analysis & Trends
Copart (CPRT) has reported Operating Margin for 18 consecutive years, with 37.53% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 27.0% year-over-year to 37.53%; the TTM figure through Apr 2026 stood at 36.57% (up 76.0% YoY), while the FY2025 annual figure was 36.51%, down 59.0% from the prior year.
- Operating Margin advanced to 37.53% in Q2 2026 per CPRT's latest filing, from 34.65% in the prior quarter.
- Across five years, Operating Margin topped out at 41.0% in Q2 2023 and bottomed at 33.63% in Q3 2024.
- Historically, Operating Margin has averaged 37.42% across 5 years, with a median of 37.28% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin sank 588 bps — and 2023, when it soared 388 bps.
- Copart's Operating Margin stood at 34.87% in 2022, then climbed by 11 bps to 38.75% in 2023, then retreated by 9 bps to 35.43% in 2024, then gained by 5 bps to 37.29% in 2025, then advanced by 1 bps to 37.53% in 2026.
- Business Quant data shows CPRT's Operating Margin at 37.53% in Q2 2026, 34.65% in Q1 2026, and 37.29% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 23.17% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 37.53% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 10.15% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 17.07% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 4.26% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 18.38% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 11.25% |
| 10 | Unifirst | 5.23 Bn | 5.06 Bn | 234.73 Mn | 3.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 37.53% |
| Jan 31, 2026 | 34.65% |
| Oct 31, 2025 | 37.29% |
| Jul 31, 2025 | 36.67% |
| Apr 30, 2025 | 37.26% |
| Jan 31, 2025 | 36.64% |
| Oct 31, 2024 | 35.43% |
| Jul 31, 2024 | 33.63% |
| Apr 30, 2024 | 38.78% |
| Jan 31, 2024 | 37.24% |
| Oct 31, 2023 | 38.75% |
| Jul 31, 2023 | 39.16% |
| Apr 30, 2023 | 41.00% |
| Jan 31, 2023 | 38.21% |
| Oct 31, 2022 | 34.87% |
| Jul 31, 2022 | 36.77% |
| Apr 30, 2022 | 39.66% |
| Jan 31, 2022 | 40.04% |
| Oct 31, 2021 | 40.75% |
| Jul 31, 2021 | 40.27% |