Copart Inc (MEX:CPRT)
MXN 860 (0%) Market Cap: 838.19 Bil Enterprise Value: 758.55 Bil PE Ratio: 30.52 PB Ratio: 5.11 GF Score: 94/100

Q2 2025 Copart Inc Earnings Call Transcript

Feb 20, 2025 / 10:30 PM GMT
Release Date Price: MXN1205 (-1.27%)

Key Points

Positve
  • Copart Inc (CPRT) reported an 8% growth in global volume for the quarter compared to the same period last year.
  • The company continues to expand its insurance business, with a 9% year-over-year increase in U.S. insurance unit volume.
  • Copart Inc (CPRT) is aggressively investing in technology, real estate, and personnel to fuel future growth.
  • The Title Express platform is processing over 1 million titles per year, with no carriers reverting to in-house processing.
  • Global revenue increased by 14% to nearly $1.2 billion, driven by increased volume and higher revenue per unit.
Negative
  • There is a modest increase in the uninsured population, which could offset growth in the insurance business.
  • Potential tariffs could have a complex impact on the business, with both positive and negative effects.
  • The company faces challenges in the wholesale market, with some months showing weaker performance than expected.
  • International purchased vehicle revenue decreased by over $18 million or 22%, despite an increase in gross profit.
  • Facility-related costs in the U.S. increased by nearly 22%, reflecting ongoing investments in operational capacity.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CPRT.OQ - Copart Inc
Q2 2025 Copart Inc Earnings Call
Feb 20, 2025 / 10:30PM GMT

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Presentation
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Please stand by.

Good day, everyone, and welcome to the Copart Incorporated second quarter fiscal 2025 earnings call.

As a reminder, today's conference is being recorded.

Before turning the call over to management, I will share Copart's Safe Harbor statement.

The Company's comments today include forward-looking statements within the meaning of federal securities laws.

Including management's current views with respect to trends, opportunities and uncertainties in the Company's markets.

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