NASDAQ : CACC
Credit Acceptance Corporation — Financial statements
Financials · Credit Services · United States
Last price 575.78 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.98B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 2.17B | 2.14B | 1.99B | 1.76B | 1.69B | 1.74B |
| Total Interest Expense | 436.80M | 462.90M | 419.50M | 266.50M | 166.60M | 164.20M |
| Net Interest Income | 1.73B | 1.68B | 1.57B | 1.49B | 1.52B | 1.58B |
| Other Revenue | 171.40M | 175.40M | 169.70M | 146.50M | 146.10M | 113.40M |
| Revenue Before Loan Losses | 1.91B | 1.85B | 1.74B | 1.64B | 1.67B | 1.69B |
| Provision for Loan Losses | 839.30M | 616.10M | 814.70M | 736.20M | 481.40M | 8.40M |
| Revenue | 1.07B | 1.24B | 928.20M | 899.20M | 1.18B | 1.68B |
| Salaries & Employee Benefits | 321.70M | 337.10M | 309.20M | 280.20M | 262.00M | 218.10M |
| Cost of Services Provided | 317.00M | 334.50M | 265.80M | 249.60M | 210.70M | 204.40M |
| Total Operating Expenses | 638.70M | 671.60M | 575.00M | 529.80M | 472.70M | 422.50M |
| Operating Income | 427.10M | 566.60M | 353.20M | 369.40M | 711.70M | 1.26B |
| EBT Excluding Unusual Items | 427.10M | 566.60M | 353.20M | 369.40M | 711.70M | 1.26B |
| Other Unusual Items | -1.20M | -1.80M | ||||
| Pretax Income | 427.10M | 565.40M | 329.50M | 367.60M | 711.70M | 1.26B |
| Income Tax Expense | 90.00M | 141.50M | 81.60M | 81.50M | 175.90M | 302.60M |
| Net Income | 337.10M | 423.90M | 247.90M | 286.10M | 535.80M | 958.30M |
| Net Income to Common | 337.10M | 423.90M | 247.90M | 286.10M | 535.80M | 958.30M |
| Shares Outstanding (Basic) | 10.63M | 11.45M | 12.32M | 12.95M | 13.56M | 16.09M |
| Shares Outstanding (Diluted) | 10.87M | 11.65M | 12.47M | 13.01M | 13.63M | 16.10M |
| EPS (Basic) | 31.70 | 37.02 | 20.12 | 22.09 | 39.50 | 59.57 |
| EPS (Diluted) | 31.01 | 36.38 | 19.88 | 21.99 | 39.32 | 59.52 |
| Free Cash Flow | 1.26B | 1.05B | 1.14B | 1.20B | 1.24B | 1.06B |
| Free Cash Flow Per Share | 115.56 | 90.38 | 91.11 | 92.22 | 90.69 | 65.95 |
| Operating Margin | 40.07% | 45.76% | 38.05% | 41.08% | 60.09% | 74.90% |
| Profit Margin | 31.63% | 34.23% | 26.71% | 31.82% | 45.24% | 56.93% |
| Free Cash Flow Margin | 117.88% | 85.04% | 122.40% | 133.43% | 104.32% | 63.08% |
| Effective Tax Rate | 21.07% | 25.03% | 24.77% | 22.17% | 24.71% | 24.00% |
| Revenue as Reported | 2.34B | 2.32B | 2.16B | 1.90B | 1.83B | 1.86B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.30M | 22.80M | 343.70M | 13.20M | 7.70M | 23.30M |
| Loans & Lease Receivables | 8.13B | 7.91B | 7.85B | 6.96B | 6.30B | 6.34B |
| Other Receivables | 53.40M | 67.20M | 4.20M | 4.30M | 8.70M | 109.20M |
| Property, Plant & Equipment | 15.00M | 12.60M | 14.70M | 46.50M | 51.40M | 57.30M |
| Restricted Cash | 516.90M | 477.90M | 501.30M | 457.70M | 410.00M | 410.90M |
| Long-Term Deferred Charges | 5.10M | 4.50M | 4.40M | 4.20M | 3.90M | 3.60M |
| Other Long-Term Assets | 159.00M | 137.50M | 136.00M | 129.00M | 125.30M | 110.30M |
| Total Assets | 8.88B | 8.63B | 8.85B | 7.61B | 6.90B | 7.05B |
| Accounts Payable | 336.30M | 318.20M | 233.90M | 245.60M | 203.30M | 128.00M |
| Current Portion of Long-Term Debt | 475.60M | 2.18B | ||||
| Current Portion of Leases | 1.30M | |||||
| Long-Term Debt | 6.25B | 4.17B | 6.35B | 5.07B | 4.59B | 4.62B |
| Long-Term Leases | 800.00K | |||||
| Current Income Taxes Payable | 117.20M | 81.00M | 2.50M | 200.00K | ||
| Other Current Liabilities | 5.90M | 5.90M | 6.00M | 5.60M | 3.10M | 2.40M |
| Long-Term Deferred Tax Liabilities | 337.90M | 354.00M | 319.10M | 389.20M | 426.70M | 435.20M |
| Total Liabilities | 7.49B | 7.11B | 7.11B | 5.86B | 5.28B | 5.23B |
| Common Stock | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K |
| Additional Paid-In Capital | 528.40M | 403.30M | 335.10M | 279.00M | 245.70M | 197.20M |
| Retained Earnings | 863.10M | 1.12B | 1.41B | 1.48B | 1.38B | 1.63B |
| Comprehensive Income & Other | -2.30M | 1.00M | -300.00K | -1.00M | -2.90M | 200.00K |
| Shareholders' Equity | 1.39B | 1.52B | 1.75B | 1.75B | 1.62B | 1.82B |
| Total Liabilities & Equity | 8.88B | 8.63B | 8.85B | 7.61B | 6.90B | 7.05B |
| Total Debt | 6.72B | 6.36B | 6.35B | 5.07B | 4.59B | 4.62B |
| Net Cash (Debt) | -6.72B | -6.33B | -6.01B | -5.05B | -4.58B | -4.59B |
| Net Cash Per Share | -618.28 | -543.59 | -481.92 | -388.47 | -336.36 | -285.27 |
| Filing Date Shares Outstanding | 10.14M | 10.75M | 12.03M | 12.30M | 12.83M | 14.11M |
| Total Common Shares Outstanding | 10.14M | 10.68M | 12.05M | 12.52M | 12.76M | 14.14M |
| Working Capital | 7.80B | 5.90B | 8.27B | 7.03B | 6.46B | 6.70B |
| Book Value Per Share | 137.05 | 142.66 | 145.22 | 140.05 | 127.30 | 128.97 |
| Tangible Book Value | 1.39B | 1.52B | 1.75B | 1.75B | 1.62B | 1.82B |
| Tangible Book Value Per Share | 137.05 | 142.66 | 145.22 | 140.05 | 127.30 | 128.97 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 337.10M | 423.90M | 247.90M | 286.10M | 535.80M | 958.30M |
| Depreciation & Amortization | 23.00M | 26.60M | 27.80M | 26.60M | 25.60M | 26.30M |
| Provision for Credit Losses | 839.30M | 616.10M | 814.70M | 736.20M | 481.40M | 8.40M |
| Stock-Based Compensation | 43.60M | 50.70M | 45.00M | 39.10M | 36.50M | 24.80M |
| Change in Accounts Payable | 34.30M | 82.90M | 6.80M | 49.70M | 67.90M | -10.70M |
| Change in Income Taxes | -55.60M | -180.20M | 36.30M | 82.90M | 102.80M | 37.80M |
| Change in Other Net Operating Assets | -900.00K | -1.00M | 5.30M | 18.80M | -3.90M | -19.80M |
| Other Operating Activities | 40.30M | 35.60M | -69.60M | -35.60M | -7.40M | 44.30M |
| Operating Cash Flow | 1.26B | 1.05B | 1.14B | 1.20B | 1.24B | 1.07B |
| Capital Expenditures | -4.70M | -1.60M | -1.80M | -4.00M | -3.10M | -7.60M |
| Sale of Property, Plant & Equipment | 3.20M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -991.00M | -675.00M | -1.71B | -1.39B | -442.80M | 443.20M |
| Other Investing Activities | -24.10M | 2.30M | -12.80M | -19.00M | -14.70M | 1.70M |
| Investing Cash Flow | -1.02B | -674.30M | -1.72B | -1.42B | -460.60M | 437.30M |
| Long-Term Debt Issued | 4.02B | 9.75B | 10.79B | 8.16B | 3.39B | |
| Long-Term Debt Repaid | -4.03B | -8.45B | -10.30B | -8.19B | -3.38B | |
| Net Debt Issued (Repaid) | 350.20M | -3.90M | 1.29B | 490.50M | -29.00M | 8.50M |
| Issuance of Common Stock | 106.70M | 23.50M | 15.60M | 5.20M | 15.10M | 11.80M |
| Repurchase of Common Stock | -673.30M | -725.40M | -313.30M | -202.60M | -784.50M | -1.47B |
| Other Financing Activities | -5.50M | -18.80M | -38.70M | -26.90M | 3.80M | -17.20M |
| Financing Cash Flow | -221.90M | -724.60M | 957.30M | 266.20M | -794.60M | -1.47B |
| Net Cash Flow | 19.40M | -344.30M | 374.10M | 53.20M | -16.50M | 38.00M |
| Free Cash Flow | 1.26B | 1.05B | 1.14B | 1.20B | 1.24B | 1.06B |
| Free Cash Flow Margin | 117.88% | 85.04% | 122.40% | 133.43% | 104.32% | 63.08% |
| Free Cash Flow Per Share | 115.56 | 90.38 | 91.11 | 92.22 | 90.69 | 65.95 |
| Cash Interest Paid | 417.00M | 438.40M | 393.40M | 242.10M | 147.30M | 149.40M |
| Cash Income Tax Paid | 103.10M | 279.30M | 103.70M | 31.90M | 72.70M | 213.20M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.89B | 4.89B | 5.69B | 6.69B | 6.13B | 10.26B |
| PE Ratio | 15.54 | 11.54 | 22.94 | 23.40 | 11.44 | 10.70 |
| PS Ratio | 4.72 | 3.95 | 6.13 | 7.45 | 5.18 | 6.09 |
| PB Ratio | 3.39 | 3.21 | 3.25 | 3.82 | 3.78 | 5.62 |
| P/FCF Ratio | 4.00 | 4.65 | 5.00 | 5.58 | 4.96 | 9.66 |
| P/OCF Ratio | 3.99 | 4.64 | 5.00 | 5.56 | 4.95 | 9.59 |
| Debt / Equity Ratio | 4.84 | 4.17 | 3.63 | 2.89 | 2.83 | 2.53 |
| Debt / FCF Ratio | 5.35 | 6.04 | 5.59 | 4.22 | 3.71 | 4.35 |
| Net Debt / Equity Ratio | 4.84 | 4.16 | 3.44 | 2.88 | 2.82 | 2.52 |
| Net Debt / FCF Ratio | 5.35 | 6.01 | 5.29 | 4.21 | 3.71 | 4.33 |
| Quick Ratio | 9.06 | 3.10 | 18.93 | 17.44 | 23.98 | 36.92 |
| Current Ratio | 9.64 | 3.29 | 20.09 | 18.59 | 25.54 | 39.27 |
| Asset Turnover | 0.12 | 0.14 | 0.11 | 0.12 | 0.17 | 0.23 |
| Return on Equity (ROE) | 22.72% | 25.90% | 14.15% | 16.94% | 31.08% | 46.44% |
| Return on Assets (ROA) | 3.85% | 4.85% | 3.01% | 3.94% | 7.68% | 13.18% |
| Return on Invested Capital (ROIC) | 4.22% | 5.32% | 3.56% | 4.41% | 8.47% | 14.36% |
| Earnings Yield | 6.43% | 8.67% | 4.36% | 4.27% | 8.74% | 9.34% |
| FCF Yield | 25.00% | 21.52% | 19.98% | 17.92% | 20.15% | 10.35% |
| Buyback Yield / Dilution | 9.22% | 6.56% | 4.16% | 4.51% | 15.38% | 10.23% |