Copart Net Worth (Updated 2025).

Copart, a name now synonymous with the auto auction industry, began its journey in the late 1980s. Founded by Willis Johnson in 1982, the company started as a small, family-owned business in California, specializing in used vehicle sales. Johnson, with his entrepreneurial spirit and keen eye for opportunity, saw the potential in the then-untapped market of online vehicle auctions.

In 1994, Copart took a leap into the digital age, becoming one of the first companies to offer online auctions. This innovative move allowed buyers from across the globe to participate in their auctions, significantly expanding their customer base. The company’s user-friendly platform and commitment to transparency quickly gained it a reputation for reliability and convenience, paving the way for its rise to fame in the industry.

Copart’s Current Net Worth (2025)

As of 2025, Copart’s current net worth is estimated to be around $17 billion. This significant figure reflects the company’s robust business model and steady growth over the years.

Copart’s Career

Founded in 1982, Copart is a global leader in online vehicle auctions. It started as a small, family-owned business and has since grown into a publicly traded company (CPRT) listed on the New York Stock Exchange.

Other Ventures

Copart has expanded its services beyond vehicle auctions. It offers vehicle remarketing services, including vehicle inspections, storage, and transportation. Additionally, Copart has invested in technology, developing its own online auction platform and mobile applications.

Assets

Copart’s primary assets include its extensive network of vehicle processing centers and auction sites worldwide. As of 2021, it operates in over 200 locations across North America, Europe, and the Middle East. Its online platform also serves as a significant asset, facilitating global transactions.

Annual Income

In 2021, Copart’s annual revenue was approximately $2.3 billion. This figure represents a steady increase from previous years, demonstrating the company’s consistent financial growth. Copart’s annual income primarily comes from the fees it charges for its vehicle auction services.

Frequently Asked Questions about  Copart

**Frequently Asked Questions: Copart Net Worth**

1. What is Copart’s net worth?

Copart’s net worth is estimated to be around $10 billion.

2. How does Copart make money?

Copart makes money by selling vehicles and other assets through its online auctions. It also provides services like vehicle inspection, storage, and transportation.

3. Who is the CEO of Copart?

The current CEO of Copart is Jay Adair.

4. When was Copart founded?

Copart was founded in 1982.

5. Where is Copart’s headquarters located?

Copart’s headquarters is located in Dallas, Texas.

6. How many locations does Copart have?

Copart has over 200 locations across the United States, Canada, the United Kingdom, and Brazil.

7. What is the stock symbol for Copart?

The stock symbol for Copart is CPRT on the New York Stock Exchange (NYSE).

8. What is Copart’s business model?

Copart’s business model is based on online auctions, where it sells vehicles and other assets on behalf of insurance companies, banks, and other clients.

9. How many employees does Copart have?

Copart employs over 2,500 people worldwide.

10. What is Copart’s mission statement?

Copart’s mission statement is “To provide the most comprehensive, cost-effective, and innovative vehicle remarketing services in the world.”