Copart, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $1.45B | $1.27B | $1.15B | $1.16B | $1.05B | $924.2M | $872.2M |
| Cost of Revenue | $196.5M | $137.6M | $141.0M | $136.4M | $174.5M | $167.2M | $137.0M | $125.2M |
| Gross Profit | $1.61B | $1.31B | $1.13B | $1.01B | $989.0M | $879.2M | $787.2M | $747.0M |
| Gross Margin | 89.1% | 90.5% | 88.9% | 88.1% | 85.0% | 84.0% | 85.2% | 85.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $176.9M | $151.4M | $138.1M | $139.0M | $164.5M | $137.9M | $114.5M | $107.6M |
| Operating Income | $584.3M | $461.3M | $406.5M | $344.4M | $274.9M | $283.0M | $286.4M | $265.3M |
| Operating Margin | 32.4% | 31.9% | 32.0% | 30.1% | 23.6% | 27.0% | 31.0% | 30.4% |
| Interest Expense | $20.4M | $23.8M | $23.6M | $18.1M | $8.8M | $10.3M | $11.3M | $4.1M |
| Pretax Income | $562.5M | $440.1M | $395.9M | $332.1M | $270.0M | $276.9M | $278.1M | $263.9M |
| Income Tax Expense | $144.5M | $45.8M | $125.5M | $112.3M | $91.3M | $96.8M | $95.9M | $97.5M |
| Net Income | $417.9M | $394.2M | $270.4M | $219.8M | $178.7M | $180.0M | $182.1M | $166.4M |
| Net Margin | 23.1% | 27.2% | 21.3% | 19.2% | 15.4% | 17.2% | 19.7% | 19.1% |
| EPS (Basic) | $0.45 | $0.43 | $0.30 | $0.22 | $0.18 | $0.18 | $0.18 | $0.14 |
| EPS (Diluted) | $0.43 | $0.42 | $0.28 | $0.21 | $0.17 | $0.17 | $0.17 | $0.14 |
| Shares Outstanding (Basic) | 927.2M | 914.7M | 915.4M | 1.01B | 1.01B | 999.3M | 1.02B | 1.21B |
| Shares Outstanding (Diluted) | 967.5M | 948.1M | 977.2M | 1.05B | 1.05B | 1.04B | 1.05B | 1.23B |
| Dividends Per Share | — | — | — | — | — | — | — | — |