Credit Acceptance Corp. (CACC) Company Profile & Statistics

Credit Acceptance Corp.
CACC
(Nasdaq - US)
Closed
460.39
+12.82 (+2.86%)
in:usd•As of: Nov 21, 2024 15:59 UTC -5
Open
451.48
High
470.10
Low
447.82

About Credit Acceptance Corp.

CEO

Kenneth S. Booth

Headquarters

25505 w. twelve mile road

southfield, mi 48034, united states

Auditor

GRANT THORNTON LLP

Employees

2,232

Share Holders

Website

www.creditacceptance.com

Industry

finance or rental or leasing

Sector

finance

Company Overview

Credit Acceptance Corporation being a credit services company, operates through one segment, primarily focusing on offering financing programs, and related products and services to automobile dealers in the U.S. enabling them to sell vehicles to consumers irrespective of their credit history. Credit Acceptance offers financing programs through a country-wide network of automobile dealers. Credit Acceptance has two loan programs. Under the Portfolio Program, the company gives money to dealers (called Dealer Loans) in exchange for the right to service the underlying Consumer Loan. Under the Purchase Program, the company buys Consumer Loans from the dealers (called Purchased Loan) and keeps all the money collected from the consumer. Further, Credit Acceptance through its wholly-owned subsidiary, VSC Re Company, is engaged in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company.

Credit Acceptance Corp. Statistics

Valuation Measures

Market Capitalization ²	5.58B
Enterprise Value	11.11B
Enterprise Value/EBITDA (ttm)	14.49
Price to Earnings Ratio (ttm)	11.58
Price to Book (mrq)	3.27
Price to Sales (ttm)	2.58
Price to Cash (ytd)	9.95

Profitability

Gross Margin (ttm)	100.00%
Operating Margin (ttm)	23.08%
Profit Margin (ttm)	9.32%
Return on Equity (ttm)	29.18%
Return on Invested Capital (ttm)	2.66%
Return on Assets (ttm)	5.91%

Income Statement

Revenue (ttm)	2.09B
Revenue Per Share (ttm)	172.40
Gross Profit (ttm)	2.09B
EBITDA (ttm)³	766.50M
Net Income Avi to Common (ttm)	189.60M
Diluted EPS (ttm)	14.89

Share Statistics

Beta (5Y Monthly)	1.42
52-Week Change	4.66%
S&P500 52-Week Change	31.08%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	12.11M
Dividend Yield	0.00%
Float ⁴	11.47M
% Held by Insiders	5.30%
% Held by Institutions	81.71%

Balance Sheet

Total Cash (mrq)	830.20M
Total Cash Per Share (mrq)	68.54
Total Debt (mrq)	6.25B
Total Debt/Equity (mrq)	379.53%
Current Ratio (mrq)	23.63%
Quick Ratio (mrq)	23.63%
Book Value Per Share (mrq)	135.94

Cash Flow

Operating Cash Flow Per Share (ytd)	66.99
Free Cash Flow (ytd)	833.80M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Credit Acceptance Corp.

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