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GuruFocus has detected 2 Warning Signs with Copart Inc $CPRT.
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Copart Inc (NAS:CPRT)
Pre-Tax Income
$440 Mil (TTM As of Apr. 2017)

Pretax income is the income that a company earns before paying income taxes. Copart Inc's pretax income for the three months ended in Apr. 2017 was $131 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2017 was $440 Mil. Copart Inc's pretax margin was 35.06%.

During the past 13 years, Copart Inc's highest Pretax Margin was 38.78%. The lowest was 23.21%. And the median was 30.45%.


Definition

This is the income that a company earns before paying income taxes.

Copart Inc's Pretax Income for the fiscal year that ended in Jul. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=406.47+11.552+-23.606+1.449+-5.68434188608E-14
=396

Copart Inc's Pretax Income for the quarter that ended in Apr. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=136.788+-0.194+-5.869+0.363+-2.84217094304E-14
=131

Copart Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Apr. 2017 was 105.985 (Jul. 2016 ) + 102.534 (Oct. 2016 ) + 100.099 (Jan. 2017 ) + 131.088 (Apr. 2017 ) = $440 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Copart Inc's Pretax Margin for the quarter that ended in Apr. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=131.088/373.862
=35.06%

During the past 13 years, Copart Inc's highest Pretax Margin was 38.78%. The lowest was 23.21%. And the median was 30.45%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Copart Inc Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
Pretax Income 217250228239264278277270332396

Copart Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
Pretax Income 8088818292117106103100131
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