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Jul 31, 2024
Copart Q4 2024 Earnings Report
Copart's financial performance for Q4 2024 was reported, with revenue increasing but gross profit and net income decreasing compared to the same period last year.
Key Takeaways
Copart reported a 7.2% increase in revenue for Q4 2024, reaching $1.1 billion. However, the company experienced a slight decrease in gross profit and a more significant decrease in net income, with EPS decreasing by 8.3% to $0.33.
Revenue increased by 7.2% to $1.1 billion compared to the same period last year.
Gross profit decreased by 0.9% to $454 million.
Net income attributable to Copart, Inc. decreased by 7.3% to $323 million.
Fully diluted earnings per share decreased by 8.3% to $0.33.