company background image
CACC logo

Credit Acceptance NasdaqGS:CACC Stock Report

Last Price

US$469.43

Market Cap

US$5.7b

7D

3.1%

1Y

-4.8%

Updated

22 Aug, 2024

Data

Company Financials +

Credit Acceptance Corporation

NasdaqGS:CACC Stock Report

Market Cap: US$5.7b

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$469.43
52 Week HighUS$616.66
52 Week LowUS$379.77
Beta1.44
11 Month Change-16.06%
3 Month Change-2.46%
1 Year Change-4.81%
33 Year Change-18.39%
5 Year Change2.20%
Change since IPO17,233.01%

Recent News & Updates

The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%

Aug 16
The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%

Recent updates

The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%

Aug 16
The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%

Credit Acceptance Corporation's (NASDAQ:CACC) CEO Compensation Looks Acceptable To Us And Here's Why

May 30
Credit Acceptance Corporation's (NASDAQ:CACC) CEO Compensation Looks Acceptable To Us And Here's Why

Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Apr 10
Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Credit Acceptance: Back At Expensive Levels While Facing The Same Concerns

Feb 26

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?

Shareholder Returns

CACCUS Consumer FinanceUS Market
7D3.1%2.1%3.1%
1Y-4.8%42.2%24.9%

Return vs Industry: CACC underperformed the US Consumer Finance industry which returned 44.8% over the past year.

Return vs Market: CACC underperformed the US Market which returned 25.4% over the past year.

Price Volatility

Is CACC's price volatile compared to industry and market?
CACC volatility
CACC Average Weekly Movement5.9%
Consumer Finance Industry Average Movement6.0%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: CACC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19722,232Ken Boothwww.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$5.69b
Earnings (TTM)US$181.60m
Revenue (TTM)US$815.20m

31.3x

P/E Ratio

7.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CACC income statement (TTM)
RevenueUS$815.20m
Cost of RevenueUS$70.40m
Gross ProfitUS$744.80m
Other ExpensesUS$563.20m
EarningsUS$181.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.99
Gross Margin91.36%
Net Profit Margin22.28%
Debt/Equity Ratio382.4%

How did CACC perform over the long term?

See historical performance and comparison