Credit Acceptance Corporation

NasdaqGS CACC

Credit Acceptance Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD 189.60 M

Credit Acceptance Corporation Net Income is USD 189.60 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -40.71% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.

Credit Acceptance Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 319.80 M, a -48.92% change year over year.
Credit Acceptance Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 626.10 M, a -30.97% change year over year.
Credit Acceptance Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 907.00 M, a 117.71% change year over year.
Credit Acceptance Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 416.60 M, a -35.52% change year over year.

Key data

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

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