CREDIT ACCEPTANCE CORPORATION
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Overview
Previous Close494.00
Open500.29
Ask452.52
Bid443.08
Day's Range444.01 - 500.29
52 Week Range401.90 - 549.75
PE Ratio(TTM)12.32
Market Cap4.94B
Volume305.05k
Avg. Volume203.01k
12 Months Earnings453.80M
12 Months Revenue2.27B
Performance
ABSCAGR
| YTD | 1 Month | 3 Months | 1 Year | 2 Years | 5 Years | 10 Years | |
|---|---|---|---|---|---|---|---|
| No results to display | |||||||
Profit/Loss
| PARTICULARS | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Operating Revenue | 2.27B | 2.24B | 2.13B | 1.88B | 1.82B | 1.85B |
| Cost of Revenue | 868.00M | 854.60M | 802.20M | 617.40M | 475.00M | 421.10M |
| Gross Profit | 1.40B | 1.38B | 1.33B | 1.26B | 1.35B | 1.43B |
| Operating Expenses | 833.70M | 857.40M | 1.01B | 915.10M | 645.70M | 174.00M |
| Profit after Tax (Net Income) | 453.80M | 424.40M | 247.90M | 286.10M | 535.80M | 958.30M |
Company Profile
Sector: Financial Services
Industry: Credit Services
HQ Location: Southfield, United States
Website: https://www.creditacceptance.com
CEO, President & Director: Mr. Vinayak R. Hegde
Employees: 2,314
About Company:
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It 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. The company is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. It serves independent and franchised automobile dealers. The company was founded in 1972 and is headquartered in Southfield, Michigan.