Copart (CPRT) FY2015 results: revenue $1.1 billion, down 1.5% on the year
Copart Inc. (CPRT) reported revenue of $1.1 billion for fiscal 2015, the year ended 31 July 2015, down 1.5% on the year before. Net income was $220 million, up 23.0%, and diluted earnings per share $0.21. The figures are the company's own, from the 10-K it filed with the SEC on 28 September 2016.
Revenue
$1.1 billion
-1.5% on the year
FY2009FY2015
Operating margin
30.1%
23.6% a year earlier
FY2009FY2015
Net income
$220 million
+23.0% on the year
FY2009FY2015
Diluted EPS
$0.21
+22.8% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,146
1,163
1,046
-1.5%
Cost of revenue
136
174
167
-21.8%
Gross profit
1,010
989
879
+2.1%
Gross margin
88.1%
85.0%
84.0%
Operating income
344
275
283
+25.3%
Operating margin
30.1%
23.6%
27.0%
Interest expense
18.1
8.8
10.3
+106.7%
Pre-tax income
332
270
277
+23.0%
Income tax
112
91.3
96.8
+22.9%
Effective tax rate
33.8%
33.8%
35.0%
Net income
220
179
180
+23.0%
Net margin
19.2%
15.4%
17.2%
Diluted EPS
$0.21
$0.17
$0.17
+22.8%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
265
263
199
+0.9%
Capital expenditure
79.2
81.5
130
-2.9%
Free cash flow
186
181
69.1
+2.7%
Free cash flow margin
16.2%
15.6%
6.6%
Depreciation and amortisation
46.6
53.7
56.7
-13.3%
Share-based compensation
18.2
22.1
19.6
-17.9%
Buybacks
233
0.6
15.0
+40,718.9%
Diluted shares, weighted
1,051m
1,050m
1,038m
+0.1%
Shares outstanding at period end
961m
1,009m
1,004m
-4.7%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
964
1,003
762
-3.9%
Debt
644
303
372
+112.5%
Other liabilities
192
200
200
-4.3%
Total liabilities and equity
1,800
1,507
1,334
+19.5%
Fixed assets
700
692
678
+1.2%
Goodwill
272
284
267
-4.2%
Intangible assets
17.9
25.2
17.7
-29.3%
Cash and equivalents
456
159
63.6
+187.4%
Receivables
216
197
183
+9.5%
Inventory
8.6
7.3
10.7
+18.7%
Other assets
130
142
115
-9.1%
Total assets
1,800
1,507
1,334
+19.5%
10-K for the year ended 31 July 2015, filed 28 September 2016: the filing.