A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
CREDIT ACCEPTANCE CORP
CACC
$6.7B
Mkt Cap
$574.08
-3.12%
CREDIT ACCEPTANCE CORP (CACC) has a current P/E ratio of 15.8, compared to its historical median P/E of 13.1. The stock is currently considered Fair based on its historical valuation range.
CREDIT ACCEPTANCE CORP (CACC) has a 5-year average return on invested capital (ROIC) of 22.2%. This indicates strong capital allocation and a potential competitive advantage.
CREDIT ACCEPTANCE CORP (CACC) has a market capitalization of $6.0B. It is classified as a mid-cap stock.
CREDIT ACCEPTANCE CORP (CACC) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 12.37%.
Based on historical P/E analysis, CREDIT ACCEPTANCE CORP (CACC) appears fair. The current P/E of 15.8 is 21% above its historical median of 13.1. The estimated fair value CAGR (P/E method) is -4.5%.
CREDIT ACCEPTANCE CORP (CACC) operates in the Personal Credit Institutions industry, within the Financials sector.
CREDIT ACCEPTANCE CORP (CACC) reported annual revenue of $2.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
Credit Acceptance Corporation (referred to as the “Company”, “Credit Acceptance”, “we”, “our” or “us”) makes vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers, regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing. Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.3B | 2.3B | 2.2B | 1.9B | 1.8B | 1.9B |
| Net Income | 453M | 424M | 248M | 286M | 536M | 958M |
| EPS | $42.03 | $36.38 | $19.88 | $21.99 | $39.32 | $59.52 |
| Free Cash Flow | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B |
| ROIC | 0.0% | 22.5% | 9.7% | 14.4% | 25.3% | 39.0% |
| Gross Margin | - | 51.5% | 39.5% | 38.4% | 53.3% | 97.9% |
| Debt/Equity | 3.37 | 0.40 | 0.57 | 0.39 | 0.51 | 0.44 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 0 | 565M | 330M | 368M | 712M | 1.3B |
| Operating Margin | 0.0% | 24.4% | 15.2% | 19.3% | 38.8% | 67.9% |
| ROE | 29.9% | 25.9% | 14.2% | 16.9% | 31.1% | 46.4% |
| Shares Outstanding | 10M | 12M | 12M | 13M | 14M | 16M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 724M | 825M | 969M | 1.1B | 1.3B | 1.5B | 1.7B | 1.9B | 1.8B | 1.9B | 2.2B | 2.3B | 2.3B |
| Gross Margin | 71.5% | 72.0% | 70.5% | 69.0% | 75.7% | 75.5% | 49.1% | 97.9% | 53.3% | 38.4% | 39.5% | 51.5% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 34M | 38M | 48M | 56M | 56M | 65M | 70M | 100M | 89M | 87M | 98M | 161M | 164M |
| EBIT | 421M | 475M | 531M | 584M | 755M | 856M | 550M | 1.3B | 712M | 368M | 330M | 565M | 0 |
| Op. Margin | 58.2% | 57.5% | 54.8% | 52.6% | 58.7% | 57.5% | 32.9% | 67.9% | 38.8% | 19.3% | 15.2% | 24.4% | 0.0% |
| Net Income | 266M | 300M | 333M | 470M | 574M | 656M | 421M | 958M | 536M | 286M | 248M | 424M | 453M |
| Net Margin | 36.8% | 36.3% | 34.3% | 42.4% | 44.6% | 44.1% | 25.2% | 51.6% | 29.2% | 15.0% | 11.5% | 18.3% | 19.5% |
| Non-Recurring | -200K | -300K | -100K | -100K | 0 | 0 | 0 | 0 | 0 | 0 | -24M | -24M | -24M |
| Returns on Capital | |||||||||||||
| ROIC | 11.6% | 16.5% | 23.0% | 28.9% | 28.2% | 25.5% | 13.5% | 39.0% | 25.3% | 14.4% | 9.7% | 22.5% | 0.0% |
| ROE | 36.7% | 36.8% | 31.7% | 34.7% | 32.6% | 30.2% | 18.1% | 46.4% | 31.1% | 16.9% | 14.2% | 25.9% | 29.9% |
| ROA | 10.2% | 9.7% | 8.8% | 10.2% | 10.2% | 9.6% | 5.6% | 13.2% | 7.7% | 3.9% | 3.0% | 4.8% | 5.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 365M | 404M | 507M | 566M | 704M | 812M | 985M | 1.1B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B |
| Free Cash Flow | 361M | 400M | 502M | 558M | 679M | 786M | 977M | 1.1B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B |
| Owner Earnings | 344M | 386M | 494M | 545M | 688M | 797M | 970M | 1.0B | 1.2B | 1.2B | 1.1B | 1.0B | 953M |
| CapEx | 4.3M | 4.0M | 5.5M | 8.4M | 25M | 27M | 8.5M | 7.6M | 3.1M | 4.0M | 1.8M | 1.6M | 2.6M |
| Maint. CapEx | 5.5M | 5.7M | 6.1M | 6.0M | 5.4M | 7.3M | 8.8M | 9.7M | 9.0M | 8.9M | 6.7M | 3.6M | 53M |
| Growth CapEx | 0 | 0 | 0 | 2.4M | 20M | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 5.5M | 5.7M | 6.1M | 6.0M | 5.4M | 7.3M | 8.8M | 9.7M | 9.0M | 8.9M | 6.7M | 3.6M | 53M |
| CapEx/OCF | 1.2% | 1.0% | 1.1% | 1.5% | 3.6% | 3.3% | 0.9% | 0.7% | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 344M | 87M | 122M | 124M | 129M | 300M | 481M | 1.5B | 785M | 203M | 313M | 725M | 740M |
| Buyback Yield | 11.1% | 1.9% | 2.8% | 1.9% | 1.7% | 3.6% | 8.0% | 13.4% | 12.4% | 2.9% | 5.4% | 13.6% | 12.4% |
| Stock-Based Comp | 15M | 12M | 7.4M | 15M | 10M | 7.6M | 6.2M | 25M | 37M | 39M | 45M | 51M | 49M |
| Debt Repayment | 2.8B | 1.7B | 1.7B | 3.5B | 2.1B | 4.0B | 5.3B | 1.7B | 6.6B | 7.4B | 6.2B | 2.0B | 2.0B |
| Balance Sheet | |||||||||||||
| Net Debt | 1.9B | 300M | 527M | 549M | 691M | 613M | 871M | 772M | 818M | 666M | 648M | 585M | 5.0B |
| Cash & Equiv. | 6.4M | 6.3M | 15M | 8.2M | 26M | 187M | 16M | 23M | 7.7M | 13M | 344M | 23M | 135M |
| Long-Term Debt | 1.8B | 248M | 541M | 543M | 544M | 800M | 791M | 793M | 795M | 600M | 991M | 500M | N/A |
| Debt/Equity | 2.67 | 0.33 | 0.46 | 0.36 | 0.36 | 0.34 | 0.39 | 0.44 | 0.51 | 0.39 | 0.57 | 0.40 | 3.37 |
| Interest Coverage | 7.4 | 6.2 | 5.4 | 4.9 | 4.8 | 4.4 | 2.9 | 7.7 | 4.3 | 1.4 | 0.8 | 1.2 | 1.2 |
| Equity | 702M | 928M | 1.2B | 1.5B | 2.0B | 2.4B | 2.3B | 1.8B | 1.6B | 1.8B | 1.7B | 1.5B | 1.5B |
| Total Assets | 2.8B | 3.4B | 4.2B | 5.0B | 6.2B | 7.4B | 7.5B | 7.1B | 6.9B | 7.6B | 8.9B | 8.6B | 8.7B |
| Total Liabilities | 2.1B | 2.4B | 3.0B | 3.4B | 4.2B | 5.1B | 5.2B | 5.2B | 5.3B | 5.9B | 7.1B | 7.1B | 7.2B |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 613M | 827M | 1.0B | 1.4B | 1.8B | 2.2B | 2.1B | 1.6B | 1.4B | 1.5B | 1.4B | 1.1B | 1.1B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 11.92 | 14.28 | 16.31 | 24.04 | 29.39 | 34.57 | 23.47 | 59.52 | 39.32 | 21.99 | 19.88 | 36.38 | 42.03 |
| Owner EPS | 15.42 | 18.40 | 24.20 | 27.84 | 35.24 | 42.02 | 54.09 | 64.28 | 87.56 | 88.84 | 87.11 | 85.85 | 91.41 |
| Book Value | 31.44 | 44.22 | 57.52 | 78.52 | 101.94 | 124.10 | 128.36 | 113.30 | 119.18 | 134.79 | 140.31 | 130.76 | 145.26 |
| Cash Flow/Share | 16.35 | 19.26 | 24.86 | 28.94 | 36.04 | 42.80 | 54.92 | 66.42 | 90.90 | 92.53 | 91.25 | 90.51 | 48.61 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 22.3M | 21.0M | 20.4M | 19.6M | 19.5M | 19.0M | 17.9M | 16.1M | 13.6M | 13.0M | 12.5M | 11.7M | 10.4M |
| Valuation | |||||||||||||
| P/E Ratio | 11.7 | 15.3 | 13.3 | 13.6 | 12.9 | 12.6 | 14.2 | 11.4 | 11.8 | 24.3 | 23.6 | 12.6 | 13.7 |
| P/FCF | 8.6 | 11.5 | 8.8 | 11.4 | 10.9 | 10.6 | 6.1 | 10.3 | 5.1 | 5.8 | 5.1 | 5.1 | 5.7 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 4.4 | 5.0 | 3.8 | 4.2 | 3.7 | 3.5 | 2.6 | 6.0 | 3.9 | 4.0 | 3.3 | 3.5 | 4.0 |
| Price/Sales | 4.1 | 5.2 | 4.0 | 4.3 | 5.7 | 5.8 | 4.0 | 4.2 | 3.9 | 3.2 | 2.9 | 2.5 | 2.6 |
| FCF Yield | 11.6% | 8.7% | 11.4% | 8.7% | 9.2% | 9.5% | 16.3% | 9.7% | 19.6% | 17.3% | 19.4% | 19.8% | 17.6% |
| Market Cap | 3.1B | 4.6B | 4.4B | 6.4B | 7.4B | 8.3B | 6.0B | 10.9B | 6.3B | 7.0B | 5.9B | 5.3B | 6.0B |
| Avg. Price | 132.88 | 202.93 | 190.85 | 244.64 | 374.01 | 454.38 | 375.52 | 487.49 | 523.38 | 465.79 | 503.09 | 487.24 | 574.08 |
| Year-End Price | 139.22 | 219.04 | 216.30 | 325.95 | 378.47 | 437.15 | 334.16 | 680.00 | 463.68 | 534.21 | 469.20 | 457.23 | 574.08 |
CREDIT ACCEPTANCE CORP passes 6 of 9 quality checks, suggesting mixed fundamentals.
CREDIT ACCEPTANCE CORP trades at 15.8x trailing earnings, compared to its 15-year median P/E of 13.1x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 5.9x vs a median of 7.5x. The company's 5-year average ROIC is 22.2% with a gross margin of 56.1%. Total shareholder yield (buybacks) is 12.4%. At current prices, the estimated annualized return to fair value is +16.9%.
CREDIT ACCEPTANCE CORP (CACC) has a net profit margin of 18.3%. This is a healthy margin.
CREDIT ACCEPTANCE CORP (CACC) generated $1.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CREDIT ACCEPTANCE CORP (CACC) has a debt-to-equity ratio of 0.40. This indicates a conservatively financed balance sheet.
CREDIT ACCEPTANCE CORP (CACC) reported earnings per share (EPS) of $36.38 in its most recent fiscal year.
CREDIT ACCEPTANCE CORP (CACC) has a return on equity (ROE) of 25.9%. This indicates the company generates strong returns for shareholders.
CREDIT ACCEPTANCE CORP (CACC) has a 5-year average gross margin of 56.1%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 17 years of financial data for CREDIT ACCEPTANCE CORP (CACC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CREDIT ACCEPTANCE CORP (CACC) has a book value per share of $130.76, based on its most recent annual SEC filing.
No recent press releases.