CACC — Credit Acceptance Corporation
NASDAQ · Financial Services · Credit Services
$595.20
+$1.02 (+0.17%)
Credit Acceptance Corporation (CACC) is a credit services company listed on NASDAQ. It is led by Kenneth S. Booth, based in 25505 West Twelve Mile Road, Southfield, MI, United States, 48034-8339, with about 2,431 employees. 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. The company was incorporated in 1972 and is headquartered in Southfield, Michigan.
Latest reported CACC revenue for 2025-09-30 was $582.4M. Net income was $108.2M. Revenue was down 0.2% from 2025-06-30 to 2025-09-30. CACC currently screens at market cap $6.16B and trailing P/E 22.6.
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About Credit Acceptance Corporation
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. The company was incorporated in 1972 and is headquartered in Southfield, Michigan.
CACC Key Statistics
Market Cap
$6.16B
Volume
93,904
Previous Close
$601.05
Day Range
$594.85 – $607.67
P/E Ratio
22.61
EPS
$19.88
Revenue
$2.16B
Net Income
$247.90M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+13.7%
Profit Margin
11.5%
Employees
2,431
CACC Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $2.16B | $1.90B | $1.83B | $1.86B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $247.90M | $286.10M | $535.80M | $958.30M |
| EPS (Diluted) | $19.88 | $21.99 | $39.32 | $59.52 |
Total Assets
$8.85B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$343.70M
Operating Cash Flow
$1.14B
Free Cash Flow
$0.00
Credit Acceptance Corporation Company Information
- CEO, President & Director
- Kenneth S. Booth
- Headquarters
- 25505 West Twelve Mile Road, Southfield, MI, United States, 48034-8339
- Website
- www.creditacceptance.com
- Phone
- 248 353 2700
- IPO / Founded
- 1992-06-05
- Sector
- Financial Services
- Industry
- Credit Services