XIII
Data Validation Report
================================================================================ DATA INTEGRITY & VALIDATION REPORT ================================================================================ Stock: CPRT Company: CPRT Sector: Industrials | Industry: Specialty Business ServicesCopart Validation Date: 2026-03-23T21:18:32.036692 Data Sources: FinQual (10-year annual) + fiscal.ai (quarterly real-time) + Alpha Vantage Source Priority: fiscal.ai (real-time) > FinQual (API) -------------------------------------------------------------------------------- 📊 FORMULA VERIFICATIONS -------------------------------------------------------------------------------- ✓ EPS Verification (FY 2025 GAAP): Formula: Net Income / Shares Outstanding Calculation: $1,548,363,000 / 966,936,214 shares = $1.60 Reported EPS: $1.60 Status: ✅ VERIFIED ✓ Gross Margin Verification (FY 2025 GAAP): Formula: Gross Profit / Revenue × 100 Calculation: $2,099,643,000 / $4,646,958,000 × 100 = 45.18% Status: ✅ VALID (0-100%) ✓ Operating Margin Verification (FY 2025 GAAP): Formula: Operating Income / Revenue × 100 Calculation: $1,696,714,000 / $4,646,958,000 × 100 = 36.51% Hierarchy Check: Operating Margin (36.51%) ≤ Gross Margin (45.18%) Status: ✅ VALID ✓ P/E Ratio Verification: Formula: Current Price / TTM EPS Calculation: $33.39 / $1.60 = 20.85x Status: ✅ VERIFIED 📋 METRIC CLASSIFICATIONS -------------------------------------------------------------------------------- [HISTORICAL DATA AVAILABILITY]: Annual Statements: 10 years (2016 - 2025) Source: FinQual 10-K + fiscal.ai scraping [FY 2025 GAAP] (Annual Audited): Revenue: $4,646,958,000 Net Income: $1,548,363,000 EPS (Diluted): $1.60 Source: FinQual 10-K filings [Current Market Data]: Stock Price: $33.39 Market Cap: $32,320,000,000 Source: fiscal.ai real-time scraping (verified) ⚠️ DATA DISCREPANCIES & RESOLUTIONS -------------------------------------------------------------------------------- ✅ No significant discrepancies between data sources All metrics validated within tolerance thresholds 🔍 DATA QUALITY ASSESSMENT -------------------------------------------------------------------------------- 🟡 Issue 1 [MEDIUM]: Missing quarterly data Detail: fiscal.ai scraping may have failed 📝 DATA EXCLUSIONS & ADJUSTMENTS -------------------------------------------------------------------------------- The following adjustments were made to ensure data accuracy: • Non-GAAP metrics clearly labeled as [Adjusted] • Forward estimates labeled as [Forward Estimate] with source attribution • Missing or invalid data points marked as 'N/A' rather than estimated • fiscal.ai quarterly data preferred over annual for recency ================================================================================ VALIDATION SUMMARY ================================================================================ ✅ Overall Status: PASSED 📊 Data Completeness: • Annual Statements: 10 years • Quarterly Data: 0 quarters • Balance Sheet: 10 years 🔒 Data Integrity: • Formula Verifications: Completed • Margin Validations: Completed • Cross-Source Checks: 0 discrepancies resolved ✓ Institutional-Grade Standards: • All metrics labeled with data type (FY GAAP/TTM/Adjusted/Forward) • Source attribution for all data points • Formula calculations shown and verified • Data hierarchy validated (Operating ≤ Gross margins) ================================================================================