CACCNasdaqPersonal Credit InstitutionsFiscal year ends December 31
CREDIT ACCEPTANCE CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$534.20−6.78 (-1.25%)
Close on Oct 19, 2026
- Market cap
- $5.73B
- P/E (TTM)
- 11.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
18.3%−6.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.2% | +8.1% | +6.8% | +10.9% | |
| Net income | +71.0% | -7.5% | +0.1% | +3.5% | |
| EPS, diluted | +83.0% | -2.6% | +9.2% | +9.8% | |
| Free cash flow | -7.3% | -5.2% | +1.5% | +10.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 31.7% | 18.1% | 25.9% | |
| Return on assets | 8.8% | 5.6% | 4.8% | |
| Capex to revenue | 0.6% | 0.5% | 0.1% | |
| Diluted shares | 20M | 18M | 12M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Credit Acceptance generated $5.70B from operations and spent $3.52B on capital expenditure, dividends and share buybacks. 1% of that went back into the business.
Generated
$5.70B
Used
$3.52B
Capital expenditure$18.10M1%Dividends$00%Share buybacks$3.50B99%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.3%
×Asset turnover0.27×
×Equity multiplier5.34×
=Return on equity, FY202525.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 18.3% | 0.27× | 5.34× | 25.9% |
| FY2024 | 11.5% | 0.26× | 4.70× | 14.2% |
| FY2023 | 15.0% | 0.26× | 4.30× | 16.9% |
| FY2022 | 29.2% | 0.26× | 4.05× | 31.1% |
| FY2021 | 51.6% | 0.26× | 3.52× | 46.4% |
| FY2020 | 25.2% | 0.22× | 3.20× | 18.1% |
| FY2019 | 44.1% | 0.22× | 3.14× | 30.2% |
| FY2018 | 44.6% | 0.23× | 3.18× | 32.6% |
| FY2017 | 42.4% | 0.24× | 3.40× | 34.7% |
| FY2016 | 34.3% | 0.26× | 3.61× | 31.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$423.90M
- Cash generatingOperating cash flow above zero$1.05B
- Return on assets improvedROA up on the prior year3.3% → 4.8%
- Earnings backed by cashOperating cash flow above net income$1.05B vs $423.90M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise12M → 12M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.28 → 0.26