company background image
CACC logo

Credit Acceptance NasdaqGS:CACC Stock Report

Last Price

US$550.31

Market Cap

US$6.9b

7D

-1.0%

1Y

21.3%

Updated

20 Feb, 2024

Data

Company Financials +

Credit Acceptance Corporation

NasdaqGS:CACC Stock Report

Market Cap: US$6.9b

CACC Stock Overview

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States.

CACC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Credit Acceptance Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Credit Acceptance
Historical stock prices
Current Share PriceUS$550.31
52 Week HighUS$616.66
52 Week LowUS$379.77
Beta1.48
1 Month Change3.49%
3 Month Change27.40%
1 Year Change21.31%
3 Year Change50.99%
5 Year Change25.20%
Change since IPO20,219.39%

Recent News & Updates

What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Dec 23
What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Recent updates

What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Dec 23
What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Argentine lenders take the lead in week's financial winners, while Chinese fintechs dip

Sep 10

Credit Acceptance: Best Near-Term Capital-Gain Portfolio Wealth-Builder

Sep 02

Credit Acceptance extends $500M asset-backed financing

Aug 12

Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching

Jul 17
Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching

Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today

Apr 17
Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today

Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?

Jan 11
Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?

I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease

Sep 30
I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease

Credit Acceptance Should Take A Breather

Sep 14

Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?

Mar 15
Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?

Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years

Feb 24
Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years

Credit Acceptance EPS beats by $3.31, beats on revenue

Feb 01

Credit Acceptance completes $100M asset-backed financing

Jan 29

Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?

Jan 03
Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?

Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?

Nov 26
Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?

CACC: 2020 Loan Performance

Nov 02

Shareholder Returns

CACCUS Consumer FinanceUS Market
7D-1.0%-0.1%-0.2%
1Y21.3%14.0%20.5%

Return vs Industry: CACC exceeded the US Consumer Finance industry which returned 14% over the past year.

Return vs Market: CACC matched the US Market which returned 20.5% over the past year.

Price Volatility

Is CACC's price volatile compared to industry and market?
CACC volatility
CACC Average Weekly Movement4.6%
Consumer Finance Industry Average Movement6.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: CACC's share price has been volatile over the past 3 months.

Volatility Over Time: CACC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19722,232Ken Boothhttps://www.creditacceptance.com

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount 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.

Credit Acceptance Corporation Fundamentals Summary

How do Credit Acceptance's earnings and revenue compare to its market cap?
CACC fundamental statistics
Market capUS$6.90b
Earnings (TTM)US$286.10m
Revenue (TTM)US$899.20m

23.7x

P/E Ratio

7.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CACC income statement (TTM)
RevenueUS$899.20m
Cost of RevenueUS$70.70m
Gross ProfitUS$828.50m
Other ExpensesUS$542.40m
EarningsUS$286.10m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)23.25
Gross Margin92.14%
Net Profit Margin31.82%
Debt/Equity Ratio289.0%

How did CACC perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.