Copart, Inc. reported earnings results for the first quarter ended October 31, 2024. For the first quarter, the company reported revenue was USD 1,146.83 million compared to USD 1,020.42 million a year ago. Net income was USD 362.09 million compared to USD 332.53 million a year ago.
Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.34 a year ago.
Copart, Inc. is one of the world's leading providers of online auction and vehicle resale services. Net sales break down by activity as follows:
- services (85.4%);
- vehicle sales (14.6%).
The United States account for 83% of net sales.
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