Credit Acceptance Corporation

NasdaqGS:CACC

Sector

💰 Finance

Industries

🏦 Banking & Lending

🚗 Automobiles & Vehicles

🚗 Automotive Parts

💻 Fintech

🧾 Point-Of-Sale (POS)

Location

United States

Market Cap

USD 5.85 B

Share Price

USD 502.25

Avg Daily Volume

119,465

Change (1 day)

-0.34%

Change (1 year)

3.52%

Change (YTD)

6.98%

Credit Acceptance Corporation Operating Income for the Trailing 12 Months (TTM) ending March 31, 2025: USD 811.10 M

Credit Acceptance Corporation Operating Income is USD 811.10 M for the Trailing 12 Months (TTM) ending March 31, 2025, a 33.91% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Credit Acceptance Corporation Operating Income for the Trailing 12 Months (TTM) ending March 31, 2024 was USD 605.70 M, a 10.71% change year over year.
Credit Acceptance Corporation Operating Income for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 547.10 M, a -57.07% change year over year.
Credit Acceptance Corporation Operating Income for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 1.27 B, a 37.55% change year over year.
Credit Acceptance Corporation Operating Income for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 926.60 M, a 69.71% change year over year.

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Key data

Date	Operating Income	EBIT	EBITDA	Net Income

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	2,431
Sector	💰 Finance
Industries Banking & Lending 🚗 Automobiles & Vehicles 🚗 Automotive Parts 💻 Fintech 🧾 Point-Of-Sale (POS)

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.