CoverageForm 410-K10-Q8-K13D13G13F

CACC · Credit Acceptance Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · CACC

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$2.32B$2.16B$1.90B$1.83B$1.86B$1.67B
Cost of Revenue------
Gross Profit------
R&D------
SG&A$161.40M$97.90M$87.20M$88.70M$100.30M$69.60M
Total Operating Expenses$599.90M$501.50M$383.70M$1.12B$595.10M$1.12B
D&A$3.60M$6.70M$8.90M$9.00M$9.70M$8.80M
Operating Income$565.40M$329.50M$367.60M$711.70M$549.50M$549.50M
Interest Expense$462.90M$419.50M$266.50M$166.60M$164.20M$192.00M
Income Tax$141.50M$81.60M$81.50M$175.90M$302.60M$128.50M
Net Income$423.90M$247.90M$286.10M$535.80M$958.30M$421.00M
EPS - Basic$37.02$20.12$22.09$39.50$59.57$23.57
EPS - Diluted$36.38$19.88$21.99$39.32$59.52$23.47

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$22.80M$343.70M$13.20M$7.70M$23.30M$16.00M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$8.63B$8.85B$7.61B$6.90B$7.05B$7.49B
Current Liabilities------
Long-term Debt------
Total Liabilities$7.11B$7.11B$5.86B$5.28B$5.23B$5.19B
Stockholders' Equity$1.52B$1.75B$1.75B$1.62B$1.82B$2.30B
Retained Earnings$1.12B$1.41B$1.48B$1.38B$1.63B$2.14B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$1.05B$1.14B$1.20B$1.24B$1.07B$985.20M
Investing Cash Flow($674.30M)($1.72B)($1.42B)($460.60M)$437.30M($673.50M)
Financing Cash Flow($724.60M)$957.30M$266.20M($794.60M)($1.47B)($433.20M)
CapEx$1.60M$1.80M$4.00M$3.10M$7.60M$8.50M
Free Cash Flow$1.05B$1.14B$1.20B$1.24B$1.06B$976.70M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin24.4%15.2%19.3%38.8%29.6%32.9%
EBITDA margin24.6%15.5%19.8%39.3%30.1%33.4%
Net margin18.3%11.5%15.0%29.2%51.6%25.2%
Free cash flow margin45.4%52.5%63.1%67.4%57.2%58.5%
FCF / Net income2.484.584.192.311.112.32
R&D / Revenue------
SG&A / Revenue7.0%4.5%4.6%4.8%5.4%4.2%
Effective tax rate25.0%24.8%22.2%24.7%24.0%23.4%
Return on assets4.9%2.8%3.8%7.8%13.6%5.6%
Return on equity27.8%14.2%16.3%33.0%52.5%18.3%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage1.2x0.8x1.4x4.3x3.3x2.9x
Equity multiplier5.675.064.344.253.873.25
Liabilities / Assets0.820.800.770.760.740.69
Efficiency
Asset turnover0.270.240.250.270.260.22
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E12.2x23.6x24.2x12.1x11.6x14.7x
P / B3.4x3.3x4.0x4.0x6.1x2.7x
P / S2.2x2.7x3.6x3.5x6.0x3.7x
EV / EBITDA9.0x16.4x18.4x9.0x19.8x11.1x
Growth
Revenue growth (YoY)7.2%13.7%3.8%-1.3%11.2%12.1%
Revenue CAGR (3y)8.1%5.2%4.4%7.2%13.0%14.6%
Revenue CAGR (5y)6.8%7.7%8.1%10.5%13.9%15.1%
Gross profit growth (YoY)------
Operating income growth (YoY)71.6%-10.4%-48.3%29.5%0.0%-35.8%
Net income growth (YoY)71.0%-13.4%-46.6%-44.1%127.6%-35.8%
EPS growth (YoY)83.0%-9.6%-44.1%-33.9%153.6%-32.1%
EPS CAGR (3y)-2.6%-30.6%-2.1%4.4%26.5%-0.8%
EPS CAGR (5y)9.2%-10.5%-5.6%10.3%29.6%10.4%
FCF growth (YoY)-7.3%-5.3%-2.9%16.4%8.7%24.3%
FCF CAGR (5y)1.5%7.7%12.1%17.2%16.2%19.5%
Book value growth (YoY)-12.9%-0.2%8.0%-11.0%-20.8%-2.2%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Personal Credit Institutions

CompanyRevenue (last FY)Net marginROE
AFRM$3.22B1.6%1.7%
ENVA$3.15B9.8%23.1%
LC$998.85M13.6%9.0%
SLM--43.1%
RM$645.60M6.9%11.9%

Comparing CREDIT ACCEPTANCE CORP against the 5 most active filers in the same SIC group.