Copart, Inc. (CPRT) financial statements (2023 and earlier)

Company profile

Business Address 14185 DALLAS PARKWAY
DALLAS, TX 75254
State of Incorp. DE
Fiscal Year End July 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments972  186275210156
Cash and cash equivalents972  186275210156
Restricted cash and investments 1,048478    
Receivables646501377387367318285
Inventory, net of allowances, customer advances and progress billings53452021171010
Inventory53452021171010
Other undisclosed current assets5191098993514948
Total current assets:2,1891,703964687709587499
Noncurrent Assets
Operating lease, right-of-use asset120119118 
Property, plant and equipment2,3762,2971,9421,4281,163944817
Intangible assets, net (including goodwill)396402391388402416272
Goodwill353356344333337340260
Intangible assets, net (excluding goodwill)43464855657612
Deferred income tax assets  0 
Other noncurrent assets56424044333438
Other undisclosed noncurrent assets   00124
Total noncurrent assets:2,9482,8602,4921,8601,5991,3951,151
TOTAL ASSETS:5,1374,5623,4552,5482,3081,9831,650
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:368370319271271208192
Accounts payable 1631331141347177
Accrued liabilities 403842385542
Employee-related liabilities 514241373133
Taxes payable6843166
Other undisclosed accounts payable and accrued liabilities36110910270624435
Deferred revenue212186
Debt  1118276
Deferred revenue and credits55
Deferred tax liabilities 0 
Other undisclosed current liabilities3030293566
Total current liabilities:418421356282277302279
Noncurrent Liabilities
Long-term debt and lease obligation, including:404398397400399551564
Long-term debt, excluding current maturities404      
Finance lease, liability  1 
Operating lease, liability  96 
Other undisclosed long-term debt and lease obligation 398301400399551564
Liabilities, other than long-term debt12711611738513132
Accounts payable and accrued liabilities57524535272526
Deferred tax liabilities, net2034
Deferred income tax liabilities706472 
Other liabilities  03433
Other undisclosed noncurrent liabilities98989649   
Total noncurrent liabilities:629612610487449582597
Total liabilities:1,0471,033966769727884875
Stockholders' equity
Stockholders' equity attributable to parent, including:4,0903,5292,4891,7781,5811,098774
Common stock0      
Additional paid in capital798762673573527453392
Accumulated other comprehensive loss(124)(101)(121)(133)(108)(101)(109)
Retained earnings3,4152,8681,9381,3381,162745491
Other undisclosed stockholders' equity attributable to parent      0
Stockholders' equity attributable to noncontrolling interest     1 
Other undisclosed stockholders' equity 00000 
Total stockholders' equity:4,0903,5292,4901,7781,5811,099774
TOTAL LIABILITIES AND EQUITY:5,1374,5623,4552,5482,3081,9831,650

Income statement (P&L) ($ in millions)

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
Revenues3,1602,6932,2062,0421,8061,4481,268
Revenue, net 1,268
Cost of revenue
(Cost of Goods and Services Sold)
(1,147) (225)(256)(196)(138)(583)
Gross profit:2,0132,6931,9801,7861,6091,310686
Operating expenses(964)(1,556)(1,389)(1,325)(10)(6)(862)
Other undisclosed operating income258 225256  583
Operating income:1,3071,1368167161,5991,304406
Nonoperating income (expense)(17)(15)(15)(12)1 (11)
Investment income, nonoperating  121 1
Other nonoperating income3646  12
Interest and debt expense(0)(0)(20)(20)(20)(24)(24)
Income from continuing operations before equity method investments, income taxes:1,2901,1227816851,5791,281372
Other undisclosed income (loss) from continuing operations before income taxes002020(1,017)(841)24
Income from continuing operations before income taxes:1,2901,122801705563440396
Income tax expense(200)(185)(101)(113)  (126)
Net income:1,091936700592563440270
Net loss attributable to noncontrolling interest    (0)(0) 
Other undisclosed net loss attributable to parent    (145)(46) 
Net income attributable to parent:1,091936700592418394270
Other undisclosed net income available to common stockholders, basic     0 
Net income available to common stockholders, diluted:1,091936700592418394270

Comprehensive Income ($ in millions)

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
Net income:1,091936700592563440270
Other comprehensive income549957  411403 
Comprehensive income:1,6391,893700592973843270
Comprehensive loss, net of tax, attributable to noncontrolling interest    (0)(0) 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(23) 11(25)(562)(440)(40)
Comprehensive income, net of tax, attributable to parent:1,6171,893711567411403230

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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