About Us
We provide vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through our Virtual Bidding Third Generation internet auction-style sales technology, which we refer to as VB3. Vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, rental car companies, charities, fleet operators, dealers, and individuals.
Vehicles available online every day
265k +
Vehicles Sold Per Year
3M +
Countries we have Buyers in
190+
Locations
250+
Countries we operate in
11
FY 2024 Letter to Shareholders 
Press Releases
February 20, 2025Copart, Inc. Reports Second Quarter Fiscal 2025 Results
February 12, 2025Copart, Inc. to Release Second Quarter Fiscal 2025 Results
November 21, 2024Copart, Inc. Reports First Quarter Fiscal 2025 Results
A Message From Our CEO
From our inception, sustainability at Copart has been foundational, in environmental terms and otherwise. Copart’s marketplace extends the useful life of vehicles, components, and materials with every transaction we enable through our auctions. We no doubt explore and pursue other avenues by which to mitigate our environmental footprint – accessing green energy where sensible, extending our facility footprint to reduce transit distances, maximizing route density for our drivers to improve fuel efficiencies, and so on – but fundamentally, the carbon emissions we empower the world to avoid in the first place dwarf the actual emissions of our business – by two orders of magnitude. Because our carbon “unit economics” are literally negative, it is our imperative to grow our business.
Specifically, during this past fiscal year, Copart enabled the avoidance of more than 12 million metric tons of CO2e by extending the useful life of vehicles and enabling the harvesting of parts. This resulted in avoiding emissions of approximately 10% and 22% more than in fiscal year 2023 and 2022, respectively.
We define our pursuit of sustainability far more expansively than on carbon emissions alone and highlight a range of different themes in this report – including supporting our communities, our employees, and operating in an ethical and honest manner. I’d like to highlight two of them: we invest to promote sustainability in the communities we serve, particularly those afflicted by catastrophic weather events, which are rising in frequency and severity. We have invested hundreds of millions of dollars in storage capacity, equipment, logistics capabilities, technology applications, and people to support our ability to help communities rapidly return to their pre-storm ways of life. After the end of our fiscal year, Hurricanes Helene and Milton caused significant disruption and economic harm to Florida, Georgia, and the Carolinas – however, with the benefit of the aforementioned investments, we located, retrieved, processed, and sold vehicles faster than we ever have before in a major storm.
Finally, we prioritize the sustainability of our enterprise, for the sake of our shareholders, our customers, and our people. This emphasis is grounded in Copart’s core values, particularly “Be an Owner.” In practice, this means that our investment horizons are longer than for other participants in our ecosystem – we pursue substantial investments in land, technology, equipment, and people, which we believe collectively sustain and extend our competitive advantages in logistics and auction liquidity that drive sustainable prosperity for Copart, our customers, and our people. In March 2024, we celebrated our 30th anniversary as a public company, and we continue to operate our business with the next 30 years in mind.
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