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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.
Visualization of income flow from segment revenue to net income