Credit Acceptance Corporation

NasdaqGS CACC

Credit Acceptance Corporation EBITDA for the Trailing 12 Months (TTM) ending September 30, 2024: USD 650.80 M

Credit Acceptance Corporation EBITDA is USD 650.80 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 32.03% change year over year. EBITDA means earnings before interest, taxes, depreciation, and amortization, which measures a company's operating performance by excluding non-operating expenses.

Credit Acceptance Corporation EBITDA for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 492.90 M, a -41.62% change year over year.
Credit Acceptance Corporation EBITDA for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 844.30 M, a -30.60% change year over year.
Credit Acceptance Corporation EBITDA for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 1.22 B, a 110.41% change year over year.
Credit Acceptance Corporation EBITDA for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 578.20 M, a -32.71% change year over year.

Key data

Date	EBITDA	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)

NasdaqGS: CACC

Credit Acceptance Corporation

CEO	Mr. Kenneth S. Booth
IPO Date	June 5, 1992
Location	United States
Headquarters	25505 West Twelve Mile Road
Employees	2,232
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Banking & Lending

Description

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.

Key trends

Past 5 years