Company Analysis

Credit Acceptance Corporation (CACC)

Nasdaq: CACC · Personal Credit Institutions · Southfield, MI · filing with the SEC since 1996
Grade6.1
◀ Past 7.2● Present 5.8▶ Future 5.0

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 13, 2026Feb 12, 2025Feb 12, 2024Feb 10, 2023Feb 11, 2022Feb 12, 2021Feb 11, 2020Feb 8, 2019Feb 9, 2018Feb 10, 2017
Revenue2,317.22,162.41,901.91,832.41,856.01,669.31,489.01,285.81,110.0969.2
For lenders
Provision for credit losses616.1814.7736.2481.48.4556.976.456.9129.390.2
For insurers
Premiums earned95.696.179.662.760.357.351.046.641.143.0
Benefits, claims and losses71.773.570.746.438.837.930.126.022.726.0
Sales and marketing101.494.491.775.665.369.570.267.758.449.4
General and administrative161.497.987.288.7100.369.665.155.755.548.2
Total operating expenses599.9501.5459.1426.3383.7·····
Total costs and expenses1,751.81,832.91,534.31,120.7595.11,119.8633.1530.7526.2438.0
Interest expense462.9419.5266.5166.6164.2192.0196.2156.6120.297.7
Income before income taxes565.4329.5367.6711.71,260.9549.5855.9755.1583.8531.2
Income tax expense141.581.681.5175.9302.6128.5199.8181.1113.6198.4
Net income423.9247.9286.1535.8958.3421.0656.1574.0470.2332.8
Earnings per share, basic37.0220.1222.0939.5059.5723.5734.7129.5224.1216.37
Earnings per share, diluted36.3819.8821.9939.3259.5223.4734.5729.3924.0416.31
Weighted average shares, basic11,451,57812,323,26112,953,42413,563,88516,085,82317,858,93518,900,25619,446,06719,497,71920,331,769
Weighted average shares, diluted11,650,77312,469,28313,010,73513,625,08116,100,55217,935,77918,976,56019,532,31219,558,93620,410,116
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton CACC · research, not advice