CACC
Income statement / Annual
Last year (2023), Credit Acceptance Corporation's total revenue was $1.90 B,
an increase of 60.58% from the previous year.
In 2023, Credit Acceptance Corporation's net income was $286.10 M.
See Credit Acceptance Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$1.90 B
|
$1.18 B
|
$1.80 B
|
$1.62 B
|
$1.42 B
|
$1.22 B
|
$1.05 B
|
$917.30 M
|
$778.70 M
|
$682.70 M
|
| Cost of Revenue |
$617.40 M |
$475.00 M |
$421.10 M |
$416.40 M |
$419.60 M |
$350.40 M |
$283.00 M |
$250.20 M |
$225.60 M |
$196.90 M |
| Gross Profit |
$1.28 B |
$709.40 M |
$1.38 B |
$1.20 B |
$1.00 B |
$873.00 M |
$769.60 M |
$667.10 M |
$553.10 M |
$485.80 M |
| Gross Profit Ratio |
0.68 |
0.6 |
0.77 |
0.74 |
0.7 |
0.71 |
0.73 |
0.73 |
0.71 |
0.71 |
| Research and Development
Expenses |
$0.19
|
$0.39
|
$0.68
|
$0.33
|
$0.57
|
$0.59
|
$0.53
|
$0.55
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$87.20 M
|
$88.70 M
|
$100.30 M
|
$69.60 M
|
$65.10 M
|
$55.70 M
|
$55.50 M
|
$48.20 M
|
$37.80 M
|
$34.30 M
|
| Selling & Marketing
Expenses |
$91.70 M
|
$75.60 M
|
$65.30 M
|
$69.50 M
|
$70.20 M
|
$67.70 M
|
$58.40 M
|
$49.40 M
|
$45.90 M
|
$36.80 M
|
| Selling, General &
Administrative Expenses |
$178.90 M
|
$164.30 M
|
$165.60 M
|
$139.10 M
|
$135.30 M
|
$123.40 M
|
$113.90 M
|
$97.60 M
|
$83.70 M
|
$71.10 M
|
| Other Expenses |
$280.20 M |
$444.40 M |
-$5.90 M |
$545.20 M |
$37.90 M |
$62.40 M |
$57.40 M |
$51.90 M |
$46.60 M |
$40.80 M |
| Operating Expenses |
$459.10 M |
$608.70 M |
$159.70 M |
$684.30 M |
$173.20 M |
$117.90 M |
$185.80 M |
$135.90 M |
$78.60 M |
$43.10 M |
| Cost And Expenses |
$1.53 B |
$1.04 B |
$542.00 M |
$1.06 B |
$562.70 M |
$468.30 M |
$468.80 M |
$386.10 M |
$304.20 M |
$240.00 M |
| Interest Income |
$19.70 M |
$6.60 M |
$1.20 M |
$2.90 M |
$8.50 M |
$5.00 M |
$2.20 M |
$1.70 M |
$0.00 |
$0.00 |
| Interest Expense |
$264.50 M |
-$25.60 M |
$164.30 M |
$192.00 M |
$196.20 M |
$156.60 M |
$120.20 M |
$97.70 M |
$76.00 M |
$56.70 M |
| Depreciation &
Amortization |
$1.27 B
|
$953.10 M
|
$403.60 M
|
$920.40 M
|
$631.30 M
|
$530.70 M
|
$526.20 M
|
$438.00 M
|
$14.20 M
|
$13.20 M
|
| EBITDA |
$367.60 M
|
$711.70 M
|
$1.26 B
|
$564.30 M
|
$859.50 M
|
$755.10 M
|
$583.80 M
|
$531.20 M
|
$474.50 M
|
$477.70 M
|
| EBITDA Ratio |
0.19 |
0.6 |
0.7 |
0.35 |
0.61 |
0.62 |
0.55 |
0.58 |
0.61 |
0.7 |
| Operating Income Ratio
|
0.19
|
0.58
|
0.68
|
0.33
|
0.59
|
0.62
|
0.55
|
0.58
|
0.61
|
0.65
|
| Total Other
Income/Expenses Net |
$600,000.00
|
$25.60 M
|
$26.30 M
|
$9.00 M
|
$18.80 M
|
$62.40 M
|
$57.40 M
|
$51.90 M
|
$46.60 M
|
-$21.80 M
|
| Income Before Tax |
$367.60 M |
$711.70 M |
$1.26 B |
$549.50 M |
$855.90 M |
$755.10 M |
$583.80 M |
$531.20 M |
$474.50 M |
$420.90 M |
| Income Before Tax Ratio
|
0.19
|
0.6
|
0.7
|
0.34
|
0.6
|
0.62
|
0.55
|
0.58
|
0.61
|
0.62
|
| Income Tax Expense |
$81.50 M |
$175.90 M |
$302.60 M |
$128.50 M |
$199.80 M |
$181.10 M |
$113.60 M |
$198.40 M |
$174.80 M |
$154.70 M |
| Net Income |
$286.10 M |
$535.80 M |
$958.30 M |
$421.00 M |
$656.10 M |
$574.00 M |
$470.20 M |
$332.80 M |
$299.70 M |
$266.20 M |
| Net Income Ratio |
0.15 |
0.45 |
0.53 |
0.26 |
0.46 |
0.47 |
0.45 |
0.36 |
0.38 |
0.39 |
| EPS |
22.09 |
39.5 |
59.57 |
23.57 |
34.71 |
29.52 |
24.12 |
16.37 |
14.35 |
11.96 |
| EPS Diluted |
21.99 |
39.32 |
59.52 |
23.47 |
34.57 |
29.39 |
24.04 |
16.31 |
14.28 |
11.92 |
| Weighted Average Shares
Out |
$12.95 M
|
$13.56 M
|
$16.09 M
|
$17.86 M
|
$18.90 M
|
$19.45 M
|
$19.50 M
|
$20.33 M
|
$20.89 M
|
$22.26 M
|
| Weighted Average Shares
Out Diluted |
$13.01 M
|
$13.63 M
|
$16.10 M
|
$17.94 M
|
$18.98 M
|
$19.53 M
|
$19.56 M
|
$20.41 M
|
$20.98 M
|
$22.33 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
