CACC: Credit Acceptance Corp. Company Profile & Statistics

About

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.

Info & Links

CEO

Kenneth S. Booth

Headquarters

25505 W. Twelve Mile Road
Southfield, MI 48034, UNITED STATES

Auditor

GRANT THORNTON LLP

Share holders

Employees

2,232

Credit Acceptance Corp. Statistics

Valuation Measures

Market Capitalization²

5.59B

Enterprise Value

11.12B

Enterprise Value/EBITDA(ttm)

14.51

Price to Earnings Ratio(ttm)

12.00

Price to Sales(ttm)

2.67

Price to Book(mrq)

3.39

Price to Cash(ytd)

10.30

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 Available to Common(ttm)

189.60M

Diluted EPS(ttm)

14.89

Share Statistics

Beta (5Y Monthly)

1.46

52-Week Change

0.21%

S&P 500 52-Week Change

24.74%

S&P 500 Member

Yes

Stock Optionable

Yes

Total Shares Outstanding¹

12.11M

Dividend Yield

0.00%

Float⁴

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. 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.

CACC

Credit Acceptance Corp.

Credit Acceptance Corp. Profile