Credit Acceptance Corporation | Mid-cap | Financial Services
$492.87
-3.95%
| Credit Acceptance Stock Comparison:
Credit Acceptance vs VisaCredit Acceptance vs MastercardCredit Acceptance vs FirstCash HoldingsCredit Acceptance vs OneMain HoldingsCredit Acceptance vs SLMCredit Acceptance vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 562.3M
Gross Profit 342.9M 60.98%
Operating Income 134.1M 23.85%
Net Income 106.3M 18.90%
EPS (Diluted) $8.66

Balance Sheet Metrics

Total Assets 9.3B
Total Liabilities 7.5B
Shareholders Equity 1.7B
Debt to Equity 4.41

Cash Flow Metrics

Operating Cash Flow 156.3M
Free Cash Flow 345.9M

Revenue & Profitability Trend

Credit Acceptance Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.1B 1.9B 1.8B 1.9B 1.7B
Cost of Goods Sold i 802.2M 617.4M 475.0M 421.1M 416.4M
Gross Profit i 1.3B 1.3B 1.3B 1.4B 1.2B
Gross Margin % i 62.4% 67.2% 73.9% 77.2% 75.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 192.3M 178.9M 164.3M 165.6M 139.1M
Other Operating Expenses i - - 100.0K -700.0K -1.2M
Total Operating Expenses i 192.3M 178.9M 164.4M 164.9M 137.9M
Operating Income i 325.1M 347.3M 702.3M 1.3B 552.8M
Operating Margin % i 15.2% 18.5% 38.5% 67.8% 33.2%
Non-Operating Items
Interest Income i 26.2M 19.7M 6.6M 1.2M 2.9M
Interest Expense i - - - - -
Other Non-Operating Income -21.8M 600.0K 2.8M 3.9M -6.2M
Pre-tax Income i 329.5M 367.6M 711.7M 1.3B 549.5M
Income Tax i 81.6M 81.5M 175.9M 302.6M 128.5M
Effective Tax Rate % i 24.8% 22.2% 24.7% 24.0% 23.4%
Net Income i 247.9M 286.1M 535.8M 958.3M 421.0M
Net Margin % i 11.6% 15.2% 29.4% 51.8% 25.3%
Key Metrics
EBITDA i 376.6M 375.7M 727.9M 1.3B 584.0M
EPS (Basic) i $20.12 $22.09 $39.50 $59.57 $23.57
EPS (Diluted) i $19.88 $21.99 $39.32 $59.52 $23.47
Basic Shares Outstanding i 12323261 12953424 13563885 16085823 17858935
Diluted Shares Outstanding i 12323261 12953424 13563885 16085823 17858935

Income Statement Trend

Credit Acceptance Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 343.7M 13.2M 7.7M 23.3M 16.0M
Short-term Investments i - - - - -
Accounts Receivable i - - - - -
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i 8.7B 7.4B 6.7B 6.9B 7.3B
Non-Current Assets
Property, Plant & Equipment i 0 0 0 0 41.1M
Goodwill i - - - - -
Intangible Assets i - - - - -
Long-term Investments - - - - -
Other Non-Current Assets 131.0M 126.4M 125.3M 110.9M 97.4M
Total Non-Current Assets i 145.7M 172.9M 176.7M 168.2M 156.8M
Total Assets i 8.9B 7.6B 6.9B 7.1B 7.5B
Liabilities
Current Liabilities
Accounts Payable i 315.8M 318.8M 260.8M 175.0M 186.7M
Short-term Debt i - - - 2.6M 95.9M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 433.0M 399.8M 263.3M 175.2M 186.9M
Non-Current Liabilities
Long-term Debt i 6.4B 5.1B 4.6B 4.6B 4.6B
Deferred Tax Liabilities i 319.1M 389.2M 426.7M 435.2M 391.0M
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i 6.7B 5.5B 5.0B 5.1B 5.0B
Total Liabilities i 7.1B 5.9B 5.3B 5.2B 5.2B
Equity
Common Stock i 100.0K 100.0K 100.0K 100.0K 200.0K
Retained Earnings i 1.4B 1.5B 1.4B 1.6B 2.1B
Treasury Stock i - - - - 480.8M
Other Equity - - - - -
Total Shareholders Equity i 1.7B 1.8B 1.6B 1.8B 2.3B
Key Metrics
Total Debt i 6.4B 5.1B 4.6B 4.6B 4.7B
Working Capital i 8.3B 7.0B 6.5B 6.7B 7.1B

Balance Sheet Composition

Credit Acceptance Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 247.9M 286.1M 535.8M 958.3M 421.0M
Depreciation & Amortization i 27.8M 26.6M 25.6M 26.3M 23.8M
Stock-Based Compensation i 45.0M 39.1M 36.5M 24.8M 6.2M
Working Capital Changes i 12.2M 72.9M 164.5M 7.3M -96.2M
Operating Cash Flow i 263.3M 387.3M 755.0M 1.1B 422.4M
Investing Activities
Capital Expenditures i 1.4M -4.0M -3.1M -7.6M -8.5M
Acquisitions i - - - - -
Investment Purchases i - - -50.1M -38.8M -43.2M
Investment Sales i 9.3M 8.5M 24.3M 18.3M 13.0M
Investing Cash Flow i -1.7B -1.4B -510.7M 398.5M -716.7M
Financing Activities
Share Repurchases i -313.3M -202.6M -784.5M -1.5B -480.8M
Dividends Paid i - - - - -
Debt Issuance i 9.7B 10.8B 8.2B 3.4B 8.2B
Debt Repayment i -8.5B -10.3B -8.2B -3.4B -8.1B
Financing Cash Flow i 941.7M 261.0M -809.7M -1.5B -337.3M
Free Cash Flow i 1.1B 1.2B 1.2B 1.1B 976.7M
Net Change in Cash i -516.1M -768.5M -565.4M -21.0M -631.6M

Cash Flow Trend

Credit Acceptance Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.24
Forward P/E 13.74
Price to Book 3.56
Price to Sales 4.72
PEG Ratio -0.05

Profitability Ratios

Profit Margin 36.18%
Operating Margin 40.19%
Return on Equity 27.30%
Return on Assets 5.00%

Financial Health

Current Ratio 7.54
Debt to Equity 416.24
Beta 1.20

Per Share Data

EPS (TTM) $34.61
Book Value per Share $138.35
Revenue per Share $97.38

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
cacc 5.5B 14.24 3.56 27.30% 36.18% 416.24
Visa 682.0B 34.35 18.00 51.76% 52.16% 65.02
Mastercard 521.1B 39.07 66.89 176.95% 44.93% 240.92
FirstCash Holdings 7.0B 23.83 3.21 14.17% 8.61% 94.52
OneMain Holdings 6.6B 9.89 1.96 20.50% 24.07% 663.05
SLM 5.5B 13.13 2.65 18.99% 36.64% 269.94

Financial data is updated regularly. All figures are in the company's reporting currency.