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Credit Acceptance Corporation

CACC US

CACC USCredit Acceptance Corporation

United States Composite

535.47

USD

+2.21

(+0.41%)

21.99EPS Dil.

24.24P/E

6.71BMarket Cap

Next Earnings

April 29

Held by Insiders

41.06%

Held by Institutions

66.95%

Short % of Float

5.20%

YTD Yield

8.77%

3Y Yield

44.86%

5Y Yield

15.25%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

- -

LT Borrowings

4,747

4,941

5,068

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

6,513

5,782

6,671

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

7,043

7,241

7,437

Cash, Cash Equivalents & STI

Accounts Receivable, Net

- -

Inventories

- -

Total Current Liabilities

263

294

400

Payables & Accruals

263

294

400

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

10.88%

8.18%

3.13%

Net Income, GAAP

10.75%

3.06%

-46.64%

Free Cash Flow

14.42%

12.45%

-2.91%

Total Cash Common Dividend

- -

Total Equity

10.51%

-1.54%

8.00%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

451

471

470

463

1,851

2022

455

456

458

455

1,823

2023

450

473

485

1,880

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

11.85

17.19

15.83

14.79

59.57

2022

15.02

7.99

6.53

9.59

39.50

2023

7.62

1.70

5.47

7.33

22.09

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

- -

2022

- -

2023

- -

Company Description

CEO: Mr. Kenneth S. Booth
Full Time Employees: 2,232
Sector: Financial Services
Industry: Credit Services
Address: 25505 West Twelve Mile Road Southfield MI United States 48034-8339
Website: www.creditacceptance.com
Business: Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.

Company News

Yahoo
14 days ago
Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies to Work For® List
Yahoo
21 days ago
Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing
Yahoo
a month ago
Credit Acceptance Named 2024 Top Workplaces USA Award Winner
Yahoo
a month ago
Those who invested in Credit Acceptance (NASDAQ:CACC) three years ago are up 51%

Company Description

CEO: Mr. Kenneth S. Booth
Full Time Employees: 2,232
Sector: Financial Services
Industry: Credit Services
Address: 25505 West Twelve Mile Road Southfield MI United States 48034-8339
Website: www.creditacceptance.com
Business: Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.