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Copart Inc
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=== Market capitalization of Copart (CPRT)<ref>https://companiesmarketcap.com/copart/marketcap/</ref> === As of July 2023, Copart's market capitalization stands at $42.98 Billion, positioning the company as the 423rd most valuable company in the world based on market cap data. Market capitalization, often referred to as market cap, represents the total market value of a publicly traded company's outstanding shares and is a widely used metric to gauge a company's overall worth. [[File:563b8228-cc6b-45f8-92de-d0af5edc6595.png|614x614px]]<br />This is the line chart displaying the Market Capitalization of Copart Inc (CPRT) from 2002 to 2023. As seen from the chart, there's been significant growth, particularly in the recent years. Key insights from the chart include: # Increasing Trend: Overall, Copart's market cap has generally increased over the period from 2002 to 2023, suggesting a growing company value. This is a positive sign for the company and its shareholders. # Significant Growth Periods: There are periods of significant growth, notably around 2019 to 2020 and 2022 to 2023. In 2019 to 2020, the market cap nearly doubled from around $21.13 billion to $30.04 billion. Similarly, in 2022 to 2023, the market cap rose sharply from $29 billion to $42.98 billion. # Periods of Decline: There are also periods where the market cap declined. For instance, the market cap fell from $35.96 billion in 2021 to $29 billion in 2022. Another notable dip occurred in 2008, where the market cap fell from $3.08 billion in 2007 to $2.26 billion, likely due to the global financial crisis during that time. # Steady Growth in Early Years: From 2002 to 2006, there was a steady growth in market cap, suggesting a period of steady growth for the company. # Current Position: As of July 2023, Copart has a market cap of $42.98 billion. This makes Copart the world's 423rd most valuable company by market cap according to the provided data.
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