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Side-by-side financial comparison of Copart (CPRT) and California Resources Corp (CRC). Click either name above to swap in a different company.

Copart is the larger business by last-quarter revenue ($1.2B vs $679.0M, roughly 1.7× California Resources Corp). Copart runs the higher net margin — 35.0% vs 1.8%, a 33.2% gap on every dollar of revenue. On growth, Copart posted the faster year-over-year revenue change (0.7% vs -17.8%). Copart produced more free cash flow last quarter ($427.2M vs $115.0M). Over the past eight quarters, California Resources Corp's revenue compounded faster (25.8% CAGR vs 6.4%).

Copart, Inc. is a multinational provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet, and finance companies in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman, and Finland. Headquartered in Dallas, Texas, Copart has more than 200 physical locations, where it houses more than 10,000 acres of vehicle inventory.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

CPRT vs CRC — Head-to-Head

Bigger by revenue
CPRT
CPRT
1.7× larger
CPRT
$1.2B
$679.0M
CRC
Growing faster (revenue YoY)
CPRT
CPRT
+18.5% gap
CPRT
0.7%
-17.8%
CRC
Higher net margin
CPRT
CPRT
33.2% more per $
CPRT
35.0%
1.8%
CRC
More free cash flow
CPRT
CPRT
$312.2M more FCF
CPRT
$427.2M
$115.0M
CRC
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
25.8%
6.4%
CPRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CPRT
CPRT
CRC
CRC
Revenue
$1.2B
$679.0M
Net Profit
$403.7M
$12.0M
Gross Margin
Operating Margin
37.3%
6.9%
Net Margin
35.0%
1.8%
Revenue YoY
0.7%
-17.8%
Net Profit YoY
11.5%
-63.6%
EPS (diluted)
$0.41
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CPRT
CPRT
CRC
CRC
Q4 25
$1.2B
$679.0M
Q3 25
$1.1B
$715.0M
Q2 25
$1.2B
$702.0M
Q1 25
$1.2B
$814.0M
Q4 24
$1.1B
$826.0M
Q3 24
$1.1B
$870.0M
Q2 24
$1.1B
$412.0M
Q1 24
$1.0B
$429.0M
Net Profit
CPRT
CPRT
CRC
CRC
Q4 25
$403.7M
$12.0M
Q3 25
$396.4M
$64.0M
Q2 25
$406.6M
$172.0M
Q1 25
$387.4M
$115.0M
Q4 24
$362.1M
$33.0M
Q3 24
$322.6M
$345.0M
Q2 24
$382.3M
$8.0M
Q1 24
$325.6M
$-10.0M
Operating Margin
CPRT
CPRT
CRC
CRC
Q4 25
37.3%
6.9%
Q3 25
36.7%
13.7%
Q2 25
37.3%
38.0%
Q1 25
36.6%
22.9%
Q4 24
35.4%
8.2%
Q3 24
33.6%
59.5%
Q2 24
38.8%
9.2%
Q1 24
37.2%
-0.9%
Net Margin
CPRT
CPRT
CRC
CRC
Q4 25
35.0%
1.8%
Q3 25
35.2%
9.0%
Q2 25
33.6%
24.5%
Q1 25
33.3%
14.1%
Q4 24
31.6%
4.0%
Q3 24
30.2%
39.7%
Q2 24
33.9%
1.9%
Q1 24
31.9%
-2.3%
EPS (diluted)
CPRT
CPRT
CRC
CRC
Q4 25
$0.41
$0.21
Q3 25
$0.40
$0.76
Q2 25
$0.42
$1.92
Q1 25
$0.40
$1.26
Q4 24
$0.37
$0.87
Q3 24
$0.34
$3.78
Q2 24
$0.39
$0.11
Q1 24
$0.33
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CPRT
CPRT
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$132.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.6B
$3.7B
Total Assets
$10.6B
$7.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CPRT
CPRT
CRC
CRC
Q4 25
$132.0M
Q3 25
$196.0M
Q2 25
$72.0M
Q1 25
$214.0M
Q4 24
$372.0M
Q3 24
$241.0M
Q2 24
$1.0B
Q1 24
$403.0M
Total Debt
CPRT
CPRT
CRC
CRC
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$0
$1.1B
Q2 24
$427.0K
$1.2B
Q1 24
$453.0K
$541.0M
Stockholders' Equity
CPRT
CPRT
CRC
CRC
Q4 25
$9.6B
$3.7B
Q3 25
$9.2B
$3.4B
Q2 25
$8.8B
$3.4B
Q1 25
$8.3B
$3.5B
Q4 24
$7.9B
$3.5B
Q3 24
$7.5B
$3.5B
Q2 24
$7.2B
$2.1B
Q1 24
$6.8B
$2.1B
Total Assets
CPRT
CPRT
CRC
CRC
Q4 25
$10.6B
$7.4B
Q3 25
$10.1B
$6.8B
Q2 25
$9.7B
$6.7B
Q1 25
$9.2B
$6.8B
Q4 24
$8.9B
$7.1B
Q3 24
$8.4B
$7.1B
Q2 24
$8.0B
$4.5B
Q1 24
$7.6B
$3.9B
Debt / Equity
CPRT
CPRT
CRC
CRC
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.00×
0.32×
Q2 24
0.00×
0.57×
Q1 24
0.00×
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CPRT
CPRT
CRC
CRC
Operating Cash FlowLast quarter
$535.3M
$235.0M
Free Cash FlowOCF − Capex
$427.2M
$115.0M
FCF MarginFCF / Revenue
37.0%
16.9%
Capex IntensityCapex / Revenue
9.4%
17.7%
Cash ConversionOCF / Net Profit
1.33×
19.58×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$543.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CPRT
CPRT
CRC
CRC
Q4 25
$535.3M
$235.0M
Q3 25
$438.5M
$279.0M
Q2 25
$700.9M
$165.0M
Q1 25
$178.1M
$186.0M
Q4 24
$482.3M
$206.0M
Q3 24
$439.2M
$220.0M
Q2 24
$496.3M
$97.0M
Q1 24
$161.8M
$87.0M
Free Cash Flow
CPRT
CPRT
CRC
CRC
Q4 25
$427.2M
$115.0M
Q3 25
$350.8M
$188.0M
Q2 25
$572.9M
$109.0M
Q1 25
$61.5M
$131.0M
Q4 24
$245.5M
$118.0M
Q3 24
$301.3M
$141.0M
Q2 24
$408.5M
$63.0M
Q1 24
$38.8M
$33.0M
FCF Margin
CPRT
CPRT
CRC
CRC
Q4 25
37.0%
16.9%
Q3 25
31.2%
26.3%
Q2 25
47.3%
15.5%
Q1 25
5.3%
16.1%
Q4 24
21.4%
14.3%
Q3 24
28.2%
16.2%
Q2 24
36.2%
15.3%
Q1 24
3.8%
7.7%
Capex Intensity
CPRT
CPRT
CRC
CRC
Q4 25
9.4%
17.7%
Q3 25
7.8%
12.7%
Q2 25
10.6%
8.0%
Q1 25
10.0%
6.8%
Q4 24
20.6%
10.7%
Q3 24
12.9%
9.1%
Q2 24
7.8%
8.3%
Q1 24
12.1%
12.6%
Cash Conversion
CPRT
CPRT
CRC
CRC
Q4 25
1.33×
19.58×
Q3 25
1.11×
4.36×
Q2 25
1.72×
0.96×
Q1 25
0.46×
1.62×
Q4 24
1.33×
6.24×
Q3 24
1.36×
0.64×
Q2 24
1.30×
12.13×
Q1 24
0.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CPRT
CPRT

Services$952.1M82%
Other$203.0M18%

CRC
CRC

Oil And Natural Gas Segment$645.0M95%
Natural Gas Production$26.0M4%
Other$7.0M1%

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