CPRT (Copart) Moat Score : 8/10 (As of Jul. 22, 2025)

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What is Copart Moat Score?

Copart has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

Copart has Wide Moat: Copart Inc has a robust wide moat due to its dominant market position in the vehicle auction industry, strong network effects, and significant customer switching costs. Its proprietary technology and superior distribution network further enhance its competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Copart might have Wide Moat - Clear and robust wide moat.

Competitive Comparison of Copart's Moat Score

For the Specialty Business Services subindustry, Copart's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Copart's Moat Score Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Copart's Moat Score distribution charts can be found below:

* The bar in red indicates where Copart's Moat Score falls into.

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Copart (NAS:CPRT) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score	Moat Level
10	Wide Moat - Exceptionally dominant and durable wide moat
8 - 9	Wide Moat - Clear and robust wide moat
7	Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6	Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5	Narrow Moat - Solid narrow moat
4	Narrow Moat - Discernible but modest moat
1 - 3	No Moat - Very weak/transient advantages
0	No Moat - No discernible moat

Copart Moat Score Related Terms

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Copart Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Copart Inc (NAS:CPRT) » Definitions » Moat Score

Comparable Companies

Traded in Other Exchanges

CPRT:Mexico 1CPRT:Italy CO6:Germany CO6:Germany C1PR34:Brazil

Address

14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254

Website

https://www.copart.com

Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Executives

Steven D Cohan	director
James E Meeks	director
Daniel J Englander	director	C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Matt Blunt	director	C/O COPART, INC., 4665 BUSINESS CENTER DRIVE, FAIRFIELD CA 94534
Diane M Morefield	director	200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Thomas N Tryforos	director	323 RAILROAD AVE, GREENWICH CT 06830
A Jayson Adair	director, officer: Chief Executive Officer
Willis J Johnson	director, 10 percent owner, officer: Chairman of the Board
Stephen Fisher	director	C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE X1 95125
Leah C Stearns	officer: Chief Financial Officer	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Carl Sparks	director	4315 NORTHAVEN ROAD, DALLAS TX 75229
Jeffrey Liaw	officer: Chief Financial Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Cherylyn Harley Lebon	director	C/O COPART, INC., 14185 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
John F North	officer: Chief Financial Officer	150 N. BARTLETT STREET, MEDFORD OR 97501
William E Franklin	officer: Executive Vice President	3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326