Credit Acceptance Corporation(CACC) Stock Research - Grey Stern Research
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Credit Acceptance Corporation (CACC) Stock Analysis

$471.57 (-1.23%)

CACC Financial Performance


Use the table below to view Credit Acceptance Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $471.57 -
52 Week Low $409.22 -
52 Week High $616.66 -
Market Cap $5.7 Billion 2/6
Gross Margin 62% 2/6
Profit Margin 14% 2/6
EBITDA margin 20% 2/6
Q3 - 2024 Revenue $543.6 Million 2/6
Q3 - 2024 Earnings $78.8 Million 1/6
Q3 - 2024 Free Cash Flow $317.3 Million 1/6
Trailing 4 Quarters Revenue $2.1 Billion 3/6
Trailing 4 Quarters Earnings $189.6 Million 3/6
Quarterly Earnings Growth 11% 6/6
Annual Earnings Growth 38% 3/6
Quarterly Revenue Growth 14% 1/6
Annual Revenue Growth 12% 3/6
Cash On Hand $159.7 Million 2/6
Short Term Debt $71.9 Million 2/6
Long Term Debt $6.2 Billion 1/6

Credit Acceptance Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Credit Acceptance Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 30.13 2/6
PS 2.74 2/6
PB 3.47 2/6
PC 35.77 5/6
Liabilities to Equity 4.27 1/6
ROA 0.02 5/6
ROE 0.12 4/6
Current Ratio 1.23 5/6
Quick Ratio 0.02 4/6
Long Term Debt to Equity 3.80 1/6
Debt to Equity 3.80 1/6
Burn Rate 0.84 2/6
Cash to Cap 0.03 2/6
CCR 4.03 1/6
EV to EBITDA 110.60 3/6
EV to Revenue 5.67 2/6

Company Details

Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts 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 was founded in 1972 and is headquartered in Southfield, Michigan.

CEO: Mr. Brett Roberts

Website: https://www.creditacceptance.com

Address: 25505 W 12 Mile Rd Southfield, MICHIGAN

Exchange: NASDAQ Global Select

Industry: Credit Services

Credit Acceptance Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Credit Acceptance Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
FirstCash Holdings, Inc FCFS $4.7 Billion
Encore Capital Group, Inc. ECPG $1.2 Billion
Dorman Products, Inc. DORM $4.2 Billion
World Acceptance Corporation WRLD $696.0 Million
CorVel Corporation CRVL $6.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CACC Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 543.6 Million $78.8 Million
Q2 2024 $ 538.2 Million -$47.1 Million
Q1 2024 $ 508.0 Million $64.3 Million
Q4 2023 $ 491.6 Million $93.6 Million
Q3 2023 $ 478.6 Million $70.8 Million
Q2 2023 $ 460.8 Million $22.2 Million
Q1 2023 $ 438.5 Million $99.5 Million
Q4 2022 $ 433.1 Million $127.3 Million

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CACC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $159.7 Million $8.7 Billion $6.2 Billion $1.6 Billion
Q2 2024 $517.6 Million $8.3 Billion $5.9 Billion $1.6 Billion
Q1 2024 $567.6 Million $8.1 Billion $5.6 Billion $1.7 Billion
Q4 2023 $470.9 Million $7.6 Billion $0 $1.8 Billion
Q3 2023 $3.1 Million $7.4 Billion $4.9 Billion $1.7 Billion
Q2 2023 $3.2 Million $7.2 Billion $4.7 Billion $1.7 Billion
Q1 2023 $8.1 Million $7.2 Billion $4.7 Billion $1.7 Billion
Q4 2022 $7.7 Million $6.9 Billion $4.6 Billion $1.6 Billion

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CACC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $317.3 Million -$400,000 $198.7 Million
Q2 2024 $203.6 Million -$400,000 -$50.0 Million
Q1 2024 $309.7 Million -$300,000 $96.7 Million
Q4 2023 $93.6 Million $0 $93.6 Million
Q3 2023 $313.5 Million $100,000 $26.2 Million
Q2 2023 $22.2 Million $0 $22.2 Million
Q1 2023 $295.6 Million -$900,000 $70.4 Million
Q4 2022 $285.6 Million -$1.2 Million $22.3 Million

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