Credit Acceptance Corporation

NasdaqGS CACC

Credit Acceptance Corporation Return on Capital Employed (ROCE) for the Trailing 12 Months (TTM) ending September 30, 2024

Credit Acceptance Corporation Return on Capital Employed (ROCE) is NA for the Trailing 12 Months (TTM) ending September 30, 2024. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Credit Acceptance Corporation Return on Capital Employed (ROCE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 6.77%, a -43.98% change year over year.
Credit Acceptance Corporation Return on Capital Employed (ROCE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 12.08%, a -25.63% change year over year.
Credit Acceptance Corporation Return on Capital Employed (ROCE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 16.25%, a 110.04% change year over year.
Credit Acceptance Corporation Return on Capital Employed (ROCE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 7.73%, a -39.53% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

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