Copart (CPRT) Operating Margin (2009 - 2026)
Copart's (CPRT) quarterly Operating Margin came in at 37.53% in 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.
Analysis
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.
- On a quarterly basis, Operating Margin rose 27.0% year-over-year to 37.53% in Q2 2026; TTM through Apr 2026 was 36.57%, a 76.0% increase from a year earlier, with the FY2025 full-year figure at 36.51%, down 59.0% from the prior year.
- Operating Margin was 37.53% for Q2 2026 at Copart, up from 34.65% in the prior quarter.
- Over five years, Operating Margin peaked at 41.0% in Q2 2023 and troughed at 33.63% in Q3 2024.
- A 5-year average of 37.42% and a median of 37.28% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 588 bps in 2022 and surged 388 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 34.87% in 2022, then gained by 11 bps to 38.75% in 2023, then declined by 9 bps to 35.43% in 2024, then increased by 5 bps to 37.29% in 2025, then rose by 1 bps to 37.53% in 2026.
- The last three Operating Margin figures came in at 37.53% (Q2 2026), 34.65% (Q1 2026), and 37.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 30.02 Bn | 26.67 Bn | 732.88 Mn | 37.53% |
| 2 | Expeditors International Of Washington | 24.64 Bn | 23.61 Bn | 1.09 Bn | 9.98% |
| 3 | C. H. Robinson Worldwide | 17.82 Bn | 17.67 Bn | 1.11 Bn | 5.18% |
| 4 | Rb Global | 15.09 Bn | 14.57 Bn | 935.50 Mn | 17.07% |
| 5 | Ryder System | 9.43 Bn | 9.43 Bn | 1.45 Bn | -51.12% |
| 6 | Landstar System | 5.89 Bn | 5.54 Bn | 308.86 Mn | 4.62% |
| 7 | GXO Logistics | 5.32 Bn | 4.55 Bn | 508.00 Mn | 2.24% |
| 8 | Rxo | 3.37 Bn | 3.36 Bn | 302.00 Mn | 0.06% |
| 9 | Hub | 2.12 Bn | 1.97 Bn | 250.84 Mn | 4.22% |
| 10 | Cryoport | 764.21 Mn | 367.52 Mn | 22.82 Mn | -20.50% |
Historic Data
Download Data
Historic 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% |