CREDIT ACCEPTANCE CORP
Close on Oct 19, 2026
- Market cap
- $5.73B
- P/E (TTM)
- 11.7
- Dividend yield
- –
About Credit Acceptance
Personal Credit Institutions, SIC 6141
Credit Acceptance Corporation is an indirect auto financing company that enables automobile dealers to sell vehicles to consumers regardless of credit history. Operating in a single business segment, the company provides two primary financing programs: the Portfolio Program, which advances capital to dealers in exchange for loan servicing rights, and the Purchase Program, which buys retail installment contracts outright. It also provides ancillary products through third parties, including vehicle service contracts and guaranteed asset protection. The company's clients are franchised and independent car dealers, serving car buyers who typically have limited or impaired credit profiles.
The company operates across the United States, targeting an industry of approximately 60,000 automobile dealerships. It supports a nationwide network of active dealers through localized market area managers. Loan assignments are distributed across many states, led by volume in Michigan, Texas, Ohio, New Jersey, and Florida. The provided report does not disclose the location of the company's headquarters.
Summary of the business section of Credit Acceptance's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CREDIT ACCEPTANCE CORP
- Founded
- 1972
- Headquarters
- Southfield, MI
- Address
- 25505 West Twelve Mile Road 48034-8334
- Phone
- (248) 353-2700
- Website
- www.creditacceptance.com
- Employees
- 2,314, Dec 31, 2025
- Industry
- Personal Credit Institutions
- Incorporated in
- Michigan
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Southfield, Michigan
Stock & identifiers
- Ticker
- CACC
- Exchange
- Nasdaq
- Shares outstanding
- 10M, Jul 23, 2026
- Public float
- $2.84B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Dec 21, 1994; 3-for-2, Dec 27, 1993; 2-for-1, Mar 18, 1993
- SEC CIK
- 885550
- CUSIP
- 225310101
- ISIN
- US2253101016
- EIN
- 38-1999511
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Vinayak Hegde | Chief Executive Officer, Director | 140,502 |
| Joseph Billante III | Chief Financial Officer | 26,223 |
| Steffen Schumann | Chief Business Officer | 22,726 |
| Nicholas J. Elliott | Chief Transformation Officer | 22,223 |
| Erin J. Kerber | Chief Legal Officer | 27,337 |
| Jonathan Lum | Chief Operating Officer | 31,609 |
| Jay D. Martin | Chief Financial Officer | 28,963 |
| Wendy A. Rummler | Chief People Officer | 23,907 |
| Ravi Mohan Valiyaveettil | Chief Technology Officer | 25,985 |
| Andrew K. Rostami | Chief Mktg and Product Officer | 23,091 |
| Arthur L. Smith | Chief Analytics Officer | 27,894 |
| Daniel A. Ulatowski | Chief Sales Officer | 31,338 |
| Douglas W. Busk | Chief Treasury Officer | 6,112 |
| Sean Edward Quinn | Director | 1,544 |
| Glenda J. Flanagan | Director | 18,024 |
| Kenneth Booth | Director | 23,869 |
| Thomas N. Tryforos | Director | 101,952 |
| Scott J. Vassalluzzo | Director | 68,516 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Kenneth SBooth | $62.57M | $62.85M | $1.47M | $128 | $198 |
| FY2025 Vinayak R.Hegde | $62.57M | $62.85M | $1.47M | $128 | $198 |
| FY2024 Kenneth SBooth | $1.02M | -$2.29M | $13.13M | $106 | $199 |
| FY2023 Kenneth SBooth | $1.02M | $3.55M | $677.83K | $120 | $152 |
| FY2022 Brett ARoberts | $359.91K | -$46.51M | $4.42M | $107 | $126 |
| FY2022 Kenneth SBooth | $1.02M | -$22.61M | $4.42M | $107 | $126 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 2,314 full- and part-time team members.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 11, 2008 | Name change | Name changed from CREDIT ACCEPTANCE CORPORATION to CREDIT ACCEPTANCE CORP |
| Nov 8, 2005 | Late filing | Notification of late filing |
| Aug 9, 2005 | Late filing | Notification of late filing |
| Jul 26, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 21, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jul 14, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 30, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 11, 2005 | Late filing | Notification of late filing |
| Apr 12, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 11, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 17, 2005 | Late filing | Notification of late filing |
| May 11, 2004 | Late filing | Notification of late filing |