CREDIT ACCEPTANCE CORP
CREDIT ACCEPTANCE CORP
CREDIT ACCEPTANCE CORP (CACC) — SEC Financial Statements & Analysis
CREDIT ACCEPTANCE CORP (CACC) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 26 | 23 | 16 | 70 | 529 | 344 | 160 | 8 | 8 | 13 | 3 | 3 | |||||
Restricted Cash And Cash Equivalents | 526 | 478 | 483 | 494 | 592 | 501 | 557 | 509 | 559 | 458 | 435 | 409 | |||||
Debt Securities Available For Sale Restricted | 109 | 106 | 109 | 107 | 109 | 106 | 114 | 106 | 100 | 93 | 86 | 81 | |||||
Notes Receivable Gross | 11,579 | 11,512 | 11,564 | 11,563 | 11,477 | 11,289 | 11,198 | 10,884 | 10,484 | 10,020 | 9,812 | 9,600 | |||||
Financing Receivable Allowance For Credit Losses | -3,622 | -3,602 | -3,588 | -3,561 | -3,499 | -3,439 | -3,416 | -3,337 | -3,138 | -3,065 | -3,032 | -2,989 | |||||
Notes Receivable Net | 7,956 | 7,909 | 7,976 | 8,002 | 7,978 | 7,850 | 7,782 | 7,548 | 7,346 | 6,955 | 6,781 | - | |||||
Loans And Leases Receivable Net Reported Amount | - | - | - | - | - | - | - | 7,548 | 7,346 | 6,955 | 6,781 | 6,610 | |||||
Property Plant And Equipment Net | 13 | 13 | 13 | 13 | 14 | 15 | 15 | 16 | 45 | 47 | 47 | 49 | |||||
Income Tax Receivable | 29 | 67 | 10 | 9 | 6 | 4 | 26 | 40 | 11 | 4 | 14 | 14 | |||||
Other Assets | 35 | 36 | 35 | 29 | 30 | 34 | 30 | 28 | 28 | 40 | 31 | 39 | |||||
Assets | 8,695 | 8,632 | 8,641 | 8,725 | 9,258 | 8,855 | 8,683 | 8,255 | 8,097 | 7,610 | 7,397 | 7,206 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 415 | 400 | 383 | 379 | 377 | 316 | 364 | 344 | 343 | 319 | 284 | 263 | |||||
Line Of Credit | 220 | 107 | 149 | 2 | 1 | 0 | 1 | 84 | 170 | 79 | 102 | 169 | |||||
Secured Debt | 5,100 | 5,159 | 5,133 | 5,383 | 5,618 | 5,362 | 5,257 | 4,872 | 4,444 | 3,991 | 4,034 | 3,774 | |||||
Senior Long Term Notes | 1,089 | 1,088 | 1,087 | 1,086 | 1,086 | 991 | 991 | 990 | 990 | 989 | 796 | 795 | |||||
Deferred Income Tax Liabilities Net | 357 | 354 | 298 | 306 | 321 | 319 | 423 | 410 | 421 | 389 | 462 | 449 | |||||
Other Borrowings | - | - | - | - | - | 0 | 0 | 0 | 8 | 8 | 9 | 9 | |||||
Accrued Income Taxes | - | 0 | 12 | 14 | 144 | 117 | 0 | 0 | 70 | 81 | 10 | 0 | |||||
Liabilities | 7,181 | 7,108 | 7,062 | 7,170 | 7,547 | 7,105 | 7,037 | 6,701 | 6,445 | 5,857 | 5,696 | 5,459 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 430 | 403 | 392 | 369 | 352 | 335 | 325 | 314 | 304 | 279 | 271 | 262 | |||||
Retained Earnings Accumulated Deficit | 1,084 | 1,119 | 1,185 | 1,184 | 1,359 | 1,415 | 1,321 | 1,242 | 1,350 | 1,476 | 1,432 | 1,488 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 1 | 1 | 1 | 1 | -0 | 1 | -1 | -1 | -1 | -3 | -3 | |||||
Stockholders Equity | 1,514 | 1,524 | 1,579 | 1,555 | 1,711 | 1,750 | 1,647 | 1,555 | 1,652 | 1,754 | 1,701 | 1,747 | |||||
Liabilities And Stockholders Equity | 8,695 | 8,632 | 8,641 | 8,725 | 9,258 | 8,855 | 8,683 | 8,255 | 8,097 | 7,610 | 7,397 | 7,206 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | |||||
Common Stock Shares Issued | 10 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 | |||||
Shares Outstanding | 10 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.13% | 19.63% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -2.18% | 3.04% | 2.33% | 3.31% | 3.47% | 0.21% | -5.37% | 2.15% | 4.34% | 2.87% | -13.94% | 4.31% |
| 2024 | -6.31% | -4.85% | 13.37% | -16.34% | -21.11% | -17.32% | 2.42% | -0.16% | 4.96% | -1.75% | -8.21% | -2.81% |
| 2023 | - | - | - | -10.01% | -14.99% | -24.88% | 9.64% | 33.01% | 33.92% | -0.77% | -3.35% | -9.73% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 2.31 | 2.22 | 2.30 | 2.23 | 1.87 | 1.79 | 1.66 | 1.70 | 2.07 | 2.38 | 2.75 | 3.11 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | - | - | - | - | - | - | - | 1,281.41 | 1,291.79 | 1,271.71 | 1,278.18 | 1,275.23 | |||||
| Receivables Turnover TTM | - | - | - | - | - | - | - | 0.28 | 0.28 | 0.29 | 0.29 | 0.29 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 41.39 | 36.38 | 39.55 | 36.05 | 23.61 | 19.88 | 15.27 | 14.79 | 19.84 | 21.99 | 24.53 | 25.63 | |||||
| Free Cash Flow Per Share TTM | 98.01 | 91.95 | 96.87 | 95.74 | 96.96 | 92.19 | 92.88 | 92.50 | 97.24 | 92.61 | 90.90 | 91.02 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 80.37% | 80.02% | 80.01% | 79.95% | 80.15% | 80.60% | 81.47% | 82.83% | 84.43% | 85.99% | 87.32% | 88.74% | |||||
| Operating Profit Margin TTM | 25.74% | 24.40% | 26.06% | 24.57% | 17.29% | 15.24% | 12.16% | 12.10% | 16.73% | 19.33% | 22.16% | 23.76% | |||||
| Net Profit Margin TTM | 19.49% | 18.29% | 19.70% | 18.69% | 13.03% | 11.46% | 9.08% | 9.01% | 12.83% | 15.04% | 17.11% | 18.14% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 4.52% | 7.16% | 10.30% | 12.63% | 13.77% | 13.70% | 11.70% | 8.94% | 6.86% | 3.79% | 1.78% | 0.25% | |||||
| Net Income Growth (1Y) | 56.40% | 71.00% | 139.35% | 133.70% | 15.54% | -13.35% | -40.71% | -45.92% | -40.40% | -46.60% | -48.92% | -57.46% | |||||
| EPS Growth (1Y) | 76.07% | 84.01% | 161.19% | 148.00% | 19.27% | -8.92% | -37.53% | -42.54% | -37.65% | -44.09% | -47.50% | -56.20% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.03 | 11.98 | 11.57 | 13.89 | 21.54 | 23.34 | 28.71 | 34.81 | 27.44 | 24.12 | 18.61 | 19.74 | |||||
| P/B | 3.00 | 3.33 | 3.33 | 3.79 | 3.65 | 3.31 | 3.31 | 4.07 | 4.17 | 3.93 | 3.50 | 3.79 | |||||
| P/S TTM | 1.96 | 2.19 | 2.28 | 2.60 | 2.81 | 2.68 | 2.61 | 3.13 | 3.52 | 3.63 | 3.18 | 3.58 | |||||
| Market Cap | 4.55B | 5.08B | 5.25B | 5.90B | 6.24B | 5.79B | 5.44B | 6.32B | 6.88B | 6.90B | 5.95B | 6.63B | |||||
| Enterprise Value | 4.00B | 4.58B | 4.75B | 5.33B | 5.12B | 4.94B | 4.73B | 5.80B | 6.32B | 6.43B | 5.51B | 6.22B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.05B | 1.05B | 1.09B | 1.11B | 1.17B | 1.14B | 1.14B | 1.14B | 1.21B | 1.20B | 1.18B | 1.19B | |||||
| Net Debt | -551.40M | -500.70M | -498.80M | -563.80M | -1.12B | -845.00M | -716.30M | -517.60M | -567.60M | -470.90M | -438.20M | -412.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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