CopartHAM:CO6 +0.31%86 Operating Margin % is 37.53% as of Apr. 2026, which is 2% above its 10-year median of 36.76. GuruFocus rates HAM:CO6 with a GF Score™ of 86/100 and a GF Value™ of €48.02. The stock has 4 warning signs investors should review. Among 1,070 Business Services companies, Copart ranks better than 96.54% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Copart's Operating Income for the
three
months ended in Apr. 2026 was €397 Mil. Copart's Revenue for the
three
months ended in Apr. 2026 was €1,058 Mil. Therefore, Copart's Operating Margin % for the quarter that ended in Apr. 2026 was 37.53%.
Warning Sign:
Copart Inc operating margin has been in a 5-year decline. The average rate of decline per year is -1.4%.
The historical rank and industry rank for Copart's Operating Margin % or its related term are showing as below:
HAM:CO6'
s Operating Margin % Range Over the Past 10 Years
Min: 32.04 Med: 36.76 Max: 42.21
Current: 36.57
HAM:CO6's Operating Margin % is ranked better than 96.54% of 1070
companies
in the Business Services industry
Industry Median: 6.33
vs HAM:CO6: 36.57
Copart's 5-Year Average Operating Margin % Growth Rate was -1.40% per year.
Copart's Operating Income for the
three
months ended in Apr. 2026 was €397 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €1,451 Mil.
Copart (HAM:CO6) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Copart Operating Margin % Related Terms
Copart Operating Margin % Historical Data
* Premium members only.
The historical data trend for Copart's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:CO6 vs GPN, ULS, ARMK: Operating Margin % Comparison
For the Specialty Business Services subindustry, Copart's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Copart's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Copart's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Copart's Operating Margin % for the fiscal year that ended in Jul. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Copart (HAM:CO6) has a Operating Margin % of 37.53% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Copart and its competitors. This is near median its historical median of 36.76. Over the past decade, Copart's Operating Margin % has ranged from 32.04 to 42.21. According to the industry distribution chart, Copart ranks #37 out of 1070 companies in the Business Services industry, placing it in the top 3.5%.
Is Copart's Operating Margin % too high?
Copart's current Operating Margin % of 37.53% is near median its 10-year median of 36.76. Over the past 10 years, this metric has ranged from a low of 32.04 to a high of 42.21. The Business Services industry median Operating Margin % is 6.33. Copart's value of 37.53% is 492.9% above this industry median. Based on the distribution chart, Copart ranks #37 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Copart has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Copart's Operating Margin % compare to GPN and ULS?
According to the Business Services industry distribution chart, Copart ranks #37 out of 1070 companies for Operating Margin %. This places Copart in the top 4% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.33. Copart's value of 37.53% is 492.9% above this benchmark. Historically, Copart's own Operating Margin % has ranged from 32.04 to 42.21 over the past decade. While the company's 10-year median is 36.76 vs. the industry median of 6.33, Copart has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Business Services company?
The median Operating Margin % among Business Services companies is 6.33, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copart's current Operating Margin % of 37.53% is 492.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Copart and its competitors. For the Business Services industry, the median Operating Margin % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copart's current Operating Margin % is 37.53%, which is near median its own 10-year median of 36.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copart stock overvalued right now?
Copart (HAM:CO6) has a current Operating Margin % of 37.53%. The stock's GF Value™ is €48.02, compared to a current price of €25.83 — trading 46.2% below its estimated fair value. The current Operating Margin % is 37.53%, which is near median its 10-year median of 36.76 and 492.9% above the Business Services industry median of 6.33. Copart's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Copart (HAM:CO6), the current Operating Margin % is 37.53% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Copart (HAM:CO6) Overvalued in 2026?
Based on GuruFocus' analysis, Copart stock appears to be undervalued.
The current stock price of €25.83 is trading 46.2% below its estimated GF Value™ of €48.02.
Key valuation signals for HAM:CO6:
Operating Margin %: 37.53% (near median its 10-year median of 36.76)
GF Value™: €48.02 vs. price of €25.83 (46.2% below fair value)
Industry Position: 492.9% above the Business Services median (#37 of 1070)
No single metric tells the full story. See the HAM:CO6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Dallas, Copart operates a global online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 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.
86GF Score
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