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Copart: Company Profile

Company Name: Copart, Inc.

Copart, Inc. stands as a testament to innovation and growth in the automotive auction industry. From a single salvage yard to a global online auction platform, its journey reflects a commitment to excellence and customer satisfaction, ensuring its place as a leader in the sector.

Founded: 1982 by Willis Johnson

Headquarters: Dallas, Texas, USA

Industry: Automotive & Transportation, Retail, Auction, Auto Dealers, Used Cars, Vehicles

Services: Resale and remarketing of used, wholesale, and salvage title vehicles through an online auction platform

Key People:

Willis Johnson, Founder

Jay Adair, Mentee of Willis Johnson and significant figure in Copart

Revenue:$3.9 billion (FY 2023)

Net Income: over $1 billion

Competitors: KAR Global, AutoNation, CarMax, ACV Auctions, Manheim


“TIP601: Junk to Gold by Billionaire Willis Johnson” Podcast: 

Disclaimer: This article offers a general overview of Copart, Inc. based on publicly available information and may not reflect the most current developments or insights. The information provided does not constitute professional consultancy and should be used as a guide alongside professional advice.

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