CACC

MKT CAP:$6B

Credit Acceptance Corporation

Market Cap

$6B

Financial Services·Financial - Credit Services·🇺🇸 United States·NASDAQ

Financials·Financial·🇺🇸·NASDAQ

Stock Price

$514.11+$60.19 (+13.26%)

Apr 24, 2026

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 t...

CEO

Vinayak R.

IPO Date

Jun 5, 1992

Website

www.creditacceptance.com

Key Metrics TTM

Revenue

$2.3B

+7.5% YoY

Net Income

$424M

EPS (Diluted)

$36.50

Free Cash Flow

$1.1B

Revenue / Share

$206.62

Gross Margin

70.9%

Operating Margin

30.2%

Net Margin

18.5%

FCF Margin

45.9%

P/S

2.5x

P/E

13.4x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Feb 13, 2026

$2.3B+8.6%EPS $37.55

Q4 2025

Feb 13, 2026

$580M+4.0%EPS $10.99

Q3 2025

Oct 30, 2025

$576M+6.0%EPS $9.43

Q2 2025

Jul 31, 2025

$576M+8.3%EPS $7.42

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$455M	$346M	$284M
Q2 22	$456M	$339M	$141M
Q3 22	$458M	$336M	$120M
Q4 22	$455M	$328M	$171M
Q1 23	$449M	$300M	$122M
Q2 23	$473M	$320M	$23M
Q3 23	$473M	$319M	$0
Q4 23	$485M	$324M	$112M
Q1 24	$502M	$314M	$80M
Q2 24	$531M	$331M	-$39M
Q3 24	$544M	$337M	$100M
Q4 24	$558M	$351M	$184M
Q1 25	$562M	$343M	$134M
Q2 25	$576M	$354M	$110M
Q3 25	$576M	$356M	$143M
Q4 25	$580M	$573M	$307M

Valuation

Quarter	P/S	P/E
Q1 22	3.1x	5.9x
Q2 22	3.1x	7.2x
Q3 22	3.1x	9.1x
Q4 22	3.1x	10.6x
Q1 23	3.1x	13.5x
Q2 23	3.1x	16.9x
Q3 23	3.1x	17.8x
Q4 23	3.0x	19.9x
Q1 24	2.9x	22.6x
Q2 24	2.9x	31.3x
Q3 24	2.8x	30.0x
Q4 24	2.7x	22.9x
Q1 25	2.6x	19.6x
Q2 25	2.5x	13.4x
Q3 25	2.5x	12.5x
Q4 25	2.5x	13.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$376M	$374M
Q2 22	$250M	$250M
Q3 22	$326M	$325M
Q4 22	$287M	$286M
Q1 23	$297M	$296M
Q2 23	$283M	$281M
Q3 23	$313M	$314M
Q4 23	$311M	$310M
Q1 24	$310M	$310M
Q2 24	$204M	$204M
Q3 24	$318M	$317M
Q4 24	$306M	$306M
Q1 25	$346M	$346M
Q2 25	$140M	$139M
Q3 25	$299M	$299M
Q4 25	$269M	$269M

Capital Expenditures

Quarter	CapEx
Q1 22	$2M
Q2 22	$700.0K
Q3 22	$900.0K
Q4 22	$1M
Q1 23	$900.0K
Q2 23	$2M
Q3 23	$100.0K
Q4 23	$2M
Q1 24	$300.0K
Q2 24	$400.0K
Q3 24	$400.0K
Q4 24	$700.0K
Q1 25	$300.0K
Q2 25	$300.0K
Q3 25	$600.0K
Q4 25	$400.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+1.1%	-8.3%
Q2 22	-3.3%	+242.7%
Q3 22	-2.5%	+145.3%
Q4 22	-1.6%	+59.1%
Q1 23	-1.4%	+91.0%
Q2 23	+3.7%	+42.7%
Q3 23	+3.3%	+39.8%
Q4 23	+6.6%	+31.5%
Q1 24	+11.7%	+28.9%
Q2 24	+12.4%	+26.6%
Q3 24	+15.0%	-6.1%
Q4 24	+14.9%	+0.2%
Q1 25	+12.1%	+1.6%
Q2 25	+8.3%	-18.2%
Q3 25	+6.0%	-2.3%
Q4 25	+4.0%	-26.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$9M	2.0%
Q2 22	$9M	2.0%
Q3 22	$9M	1.9%
Q4 22	$10M	2.1%
Q1 23	$10M	2.2%
Q2 23	$10M	2.1%
Q3 23	$9M	2.0%
Q4 23	$10M	2.1%
Q1 24	$11M	2.2%
Q2 24	$11M	2.0%
Q3 24	$11M	2.0%
Q4 24	$13M	2.3%
Q1 25	$13M	2.3%
Q2 25	$13M	2.2%
Q3 25	$12M	2.1%
Q4 25	$13M	2.2%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$19M	$19M
Q2 22	$32M	$19M
Q3 22	$17M	$20M
Q4 22	$9M	$18M
Q1 23	$18M	$22M
Q2 23	$21M	$26M
Q3 23	$21M	$23M
Q4 23	$27M	$21M
Q1 24	$24M	$24M
Q2 24	$23M	$25M
Q3 24	$29M	$23M
Q4 24	$22M	$22M
Q1 25	$22M	$25M
Q2 25	$45M	$27M
Q3 25	$36M	$25M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$499M	$7M	$506M
Q2 22	$431M	$6M	$437M
Q3 22	$395M	$5M	$401M
Q4 22	$418M	$4M	$422M
Q1 23	$488M	$5M	$493M
Q2 23	$3M	$0	$3M
Q3 23	$438M	$8M	$446M
Q4 23	$471M	$7M	$478M
Q1 24	$568M	$5M	$572M
Q2 24	$518M	$9M	$527M
Q3 24	$160M	$0	$160M
Q4 24	$845M	$10M	$855M
Q1 25	$1.1B	$13M	$1.1B
Q2 25	$564M	$9M	$572M
Q3 25	$16M	$0	$16M
Q4 25	$501M	$10M	$510M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	14M	-3.8%	-16.1%
Q2 22	14M	-5.7%	-19.5%
Q3 22	13M	-1.1%	-15.6%
Q4 22	13M	-0.5%	-10.8%
Q1 23	13M	-1.7%	-8.8%
Q2 23	13M	+0.2%	-3.1%
Q3 23	13M	-0.5%	-2.4%
Q4 23	13M	-1.6%	-3.4%
Q1 24	13M	-1.5%	-3.3%
Q2 24	12M	-2.9%	-6.2%
Q3 24	12M	+1.1%	-4.8%
Q4 24	12M	-0.2%	-3.5%
Q1 25	12M	-0.9%	-2.9%
Q2 25	12M	-4.1%	-4.2%
Q3 25	11M	-2.5%	-7.6%
Q4 25	11M	-3.2%	-10.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$38M	12
Q2 22	$38M	12
Q3 22	$38M	12
Q4 22	$38M	12
Q1 23	$37M	12
Q2 23	$39M	12
Q3 23	$39M	12
Q4 23	$40M	12
Q1 24	$42M	12
Q2 24	$44M	12
Q3 24	$45M	12
Q4 24	$46M	12
Q1 25	$47M	12
Q2 25	$48M	12
Q3 25	$48M	12
Q4 25	$48M	12

Revenue / Employee