Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.1B
Gross Profit 1.3B 62.41%
Operating Income 325.1M 15.23%
Net Income 247.9M 11.62%
EPS (Diluted) $19.88

Balance Sheet Metrics

Total Assets 8.9B
Total Liabilities 7.1B
Shareholders Equity 1.7B
Debt to Equity 4.06

Cash Flow Metrics

Operating Cash Flow 263.3M
Free Cash Flow 1.1B

Revenue & Profitability Trend

Credit Acceptance Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 2.1B 1.9B 1.8B 1.9B 1.7B
Cost of Goods Sold 802.2M 617.4M 475.0M 421.1M 416.4M
Gross Profit 1.3B 1.3B 1.3B 1.4B 1.2B
Operating Expenses 192.3M 178.9M 164.4M 164.9M 137.9M
Operating Income 325.1M 347.3M 702.3M 1.3B 552.8M
Pre-tax Income 329.5M 367.6M 711.7M 1.3B 549.5M
Income Tax 81.6M 81.5M 175.9M 302.6M 128.5M
Net Income 247.9M 286.1M 535.8M 958.3M 421.0M
EPS (Diluted) $19.88 $21.99 $39.32 $59.52 $23.47

Income Statement Trend

Credit Acceptance Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 8.7B 7.4B 6.7B 6.9B 7.3B
Non-Current Assets 145.7M 172.9M 176.7M 168.2M 156.8M
Total Assets 8.9B 7.6B 6.9B 7.1B 7.5B
Liabilities
Current Liabilities 433.0M 399.8M 263.3M 175.2M 186.9M
Non-Current Liabilities 6.7B 5.5B 5.0B 5.1B 5.0B
Total Liabilities 7.1B 5.9B 5.3B 5.2B 5.2B
Equity
Total Shareholders Equity 1.7B 1.8B 1.6B 1.8B 2.3B

Balance Sheet Composition

Credit Acceptance Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 247.9M 286.1M 535.8M 958.3M 421.0M
Operating Cash Flow 263.3M 387.3M 755.0M 1.1B 422.4M
Investing Activities
Capital Expenditures 1.4M -4.0M -3.1M -7.6M -8.5M
Investing Cash Flow -1.7B -1.4B -510.7M 398.5M -716.7M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow 941.7M 261.0M -809.7M -1.5B -337.3M
Free Cash Flow 1.1B 1.2B 1.2B 1.1B 976.7M

Cash Flow Trend

Credit Acceptance Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 21.35
Forward P/E 13.94
Price to Book 3.44
Price to Sales 5.85
PEG Ratio 13.94

Profitability Ratios

Profit Margin 29.19%
Operating Margin 48.52%
Return on Equity 17.24%
Return on Assets 3.34%

Financial Health

Current Ratio 5.65
Debt to Equity 391.91
Beta 1.15

Per Share Data

EPS (TTM) $23.44
Book Value per Share $145.64
Revenue per Share $81.24

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
cacc 5.8B 21.35 3.44 17.24% 29.19% 391.91
Visa 679.7B 34.97 17.57 50.66% 52.86% 54.59
Mastercard 492.5B 37.98 73.98 187.70% 45.21% 280.80
Synchrony Financial 9.9B - 0.63 18.60% 34.04% 1.03
SLM 6.7B 11.08 3.11 27.60% 42.99% 256.05
OneMain Holdings 6.4B 11.42 1.96 17.46% 21.95% 655.31

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