Copart, Inc.CPRT
NasdaqGS•Industrials•Specialty Business Services
Understand cash generation quality and how management allocates capital.
Free cash flow was $503.31M in the latest quarter (12.2% decrease YoY). FCF margin is 10.8%. Shares outstanding declined by 3.1% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation