vs

Side-by-side financial comparison of Copart (CPRT) and Loews Corporation (L). Click either name above to swap in a different company.

Copart is the larger business by last-quarter revenue ($1.2B vs $827.0M, roughly 1.4× Loews Corporation). Loews Corporation runs the higher net margin — 48.6% vs 35.0%, a 13.7% gap on every dollar of revenue. On growth, Loews Corporation posted the faster year-over-year revenue change (4.8% vs 0.7%). Copart produced more free cash flow last quarter ($427.2M vs $426.0M). Over the past eight quarters, Loews Corporation's revenue compounded faster (7.9% 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.

Loews Corporation is a diversified US-based conglomerate that operates across multiple key industry segments through its subsidiaries. Its core business lines include property and casualty insurance, natural gas pipeline transportation, hospitality services, and upstream oil and gas exploration and production, primarily serving commercial, consumer and industrial clients across North American markets.

CPRT vs L — Head-to-Head

Bigger by revenue
CPRT
CPRT
1.4× larger
CPRT
$1.2B
$827.0M
L
Growing faster (revenue YoY)
L
L
+4.1% gap
L
4.8%
0.7%
CPRT
Higher net margin
L
L
13.7% more per $
L
48.6%
35.0%
CPRT
More free cash flow
CPRT
CPRT
$1.2M more FCF
CPRT
$427.2M
$426.0M
L
Faster 2-yr revenue CAGR
L
L
Annualised
L
7.9%
6.4%
CPRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CPRT
CPRT
L
L
Revenue
$1.2B
$827.0M
Net Profit
$403.7M
$402.0M
Gross Margin
Operating Margin
37.3%
65.4%
Net Margin
35.0%
48.6%
Revenue YoY
0.7%
4.8%
Net Profit YoY
11.5%
115.0%
EPS (diluted)
$0.41
$1.93

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
L
L
Q4 25
$1.2B
$827.0M
Q3 25
$1.1B
$732.0M
Q2 25
$1.2B
$769.0M
Q1 25
$1.2B
$846.0M
Q4 24
$1.1B
$789.0M
Q3 24
$1.1B
$683.0M
Q2 24
$1.1B
$711.0M
Q1 24
$1.0B
$710.0M
Net Profit
CPRT
CPRT
L
L
Q4 25
$403.7M
$402.0M
Q3 25
$396.4M
$504.0M
Q2 25
$406.6M
$391.0M
Q1 25
$387.4M
$370.0M
Q4 24
$362.1M
$187.0M
Q3 24
$322.6M
$401.0M
Q2 24
$382.3M
$369.0M
Q1 24
$325.6M
$457.0M
Operating Margin
CPRT
CPRT
L
L
Q4 25
37.3%
65.4%
Q3 25
36.7%
94.1%
Q2 25
37.3%
70.1%
Q1 25
36.6%
60.8%
Q4 24
35.4%
23.8%
Q3 24
33.6%
80.5%
Q2 24
38.8%
71.3%
Q1 24
37.2%
88.6%
Net Margin
CPRT
CPRT
L
L
Q4 25
35.0%
48.6%
Q3 25
35.2%
68.9%
Q2 25
33.6%
50.8%
Q1 25
33.3%
43.7%
Q4 24
31.6%
23.7%
Q3 24
30.2%
58.7%
Q2 24
33.9%
51.9%
Q1 24
31.9%
64.4%
EPS (diluted)
CPRT
CPRT
L
L
Q4 25
$0.41
$1.93
Q3 25
$0.40
$2.43
Q2 25
$0.42
$1.87
Q1 25
$0.40
$1.74
Q4 24
$0.37
$0.87
Q3 24
$0.34
$1.82
Q2 24
$0.39
$1.67
Q1 24
$0.33
$2.05

Balance Sheet & Financial Strength

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

Metric
CPRT
CPRT
L
L
Cash + ST InvestmentsLiquidity on hand
$6.0B
Total DebtLower is stronger
$8.4B
Stockholders' EquityBook value
$9.6B
$18.7B
Total Assets
$10.6B
$86.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CPRT
CPRT
L
L
Q4 25
$6.0B
Q3 25
$5.4B
Q2 25
$4.5B
Q1 25
$4.4B
Q4 24
$4.6B
Q3 24
$5.2B
Q2 24
$4.9B
Q1 24
$5.4B
Total Debt
CPRT
CPRT
L
L
Q4 25
$8.4B
Q3 25
$8.4B
Q2 25
$7.9B
Q1 25
$8.4B
Q4 24
$8.9B
Q3 24
$0
$8.8B
Q2 24
$427.0K
$8.6B
Q1 24
$453.0K
$8.4B
Stockholders' Equity
CPRT
CPRT
L
L
Q4 25
$9.6B
$18.7B
Q3 25
$9.2B
$18.3B
Q2 25
$8.8B
$17.5B
Q1 25
$8.3B
$17.2B
Q4 24
$7.9B
$17.1B
Q3 24
$7.5B
$17.4B
Q2 24
$7.2B
$16.4B
Q1 24
$6.8B
$16.2B
Total Assets
CPRT
CPRT
L
L
Q4 25
$10.6B
$86.3B
Q3 25
$10.1B
$85.9B
Q2 25
$9.7B
$84.7B
Q1 25
$9.2B
$83.1B
Q4 24
$8.9B
$81.9B
Q3 24
$8.4B
$83.6B
Q2 24
$8.0B
$81.1B
Q1 24
$7.6B
$80.9B
Debt / Equity
CPRT
CPRT
L
L
Q4 25
0.45×
Q3 25
0.46×
Q2 25
0.45×
Q1 25
0.49×
Q4 24
0.52×
Q3 24
0.00×
0.51×
Q2 24
0.00×
0.52×
Q1 24
0.00×
0.52×

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
L
L
Operating Cash FlowLast quarter
$535.3M
$617.0M
Free Cash FlowOCF − Capex
$427.2M
$426.0M
FCF MarginFCF / Revenue
37.0%
51.5%
Capex IntensityCapex / Revenue
9.4%
23.1%
Cash ConversionOCF / Net Profit
1.33×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CPRT
CPRT
L
L
Q4 25
$535.3M
$617.0M
Q3 25
$438.5M
$920.0M
Q2 25
$700.9M
$1.0B
Q1 25
$178.1M
$736.0M
Q4 24
$482.3M
$941.0M
Q3 24
$439.2M
$934.0M
Q2 24
$496.3M
$952.0M
Q1 24
$161.8M
$198.0M
Free Cash Flow
CPRT
CPRT
L
L
Q4 25
$427.2M
$426.0M
Q3 25
$350.8M
$764.0M
Q2 25
$572.9M
$872.0M
Q1 25
$61.5M
$638.0M
Q4 24
$245.5M
$767.0M
Q3 24
$301.3M
$794.0M
Q2 24
$408.5M
$793.0M
Q1 24
$38.8M
$39.0M
FCF Margin
CPRT
CPRT
L
L
Q4 25
37.0%
51.5%
Q3 25
31.2%
104.4%
Q2 25
47.3%
113.4%
Q1 25
5.3%
75.4%
Q4 24
21.4%
97.2%
Q3 24
28.2%
116.3%
Q2 24
36.2%
111.5%
Q1 24
3.8%
5.5%
Capex Intensity
CPRT
CPRT
L
L
Q4 25
9.4%
23.1%
Q3 25
7.8%
21.3%
Q2 25
10.6%
17.4%
Q1 25
10.0%
11.6%
Q4 24
20.6%
22.1%
Q3 24
12.9%
20.5%
Q2 24
7.8%
22.4%
Q1 24
12.1%
22.4%
Cash Conversion
CPRT
CPRT
L
L
Q4 25
1.33×
1.53×
Q3 25
1.11×
1.83×
Q2 25
1.72×
2.57×
Q1 25
0.46×
1.99×
Q4 24
1.33×
5.03×
Q3 24
1.36×
2.33×
Q2 24
1.30×
2.58×
Q1 24
0.50×
0.43×

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%

L
L

Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services$601.0M73%
Lodging And Related Services$226.0M27%

Related Comparisons