Credit Accep Corp Mich Financials
This page shows Credit Accep Corp Mich (CACC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Credit Acceptance’s model is a cash-generative loan book paired with buyback-heavy capital allocation and an increasingly stretched balance sheet.
Across FY2023-FY2025, operating cash flow stayed around$1.1B even as interest expense climbed to$463M . That combination suggests the loan portfolio still monetizes well in cash terms, but a growing share of those collections is being claimed by funding costs before it can rebuild equity or support shareholder returns.
The company runs with very high leverage: debt-to-equity reached 4.7x in FY2025 while cash was only
Capital allocation is clearly buyback-first: buybacks absorbed
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Credit Accep Corp Mich's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Credit Accep Corp Mich's revenue grew 7.2% year-over-year to $2.3B, a solid pace of expansion. This earns a growth score of 51/100.
Credit Accep Corp Mich has elevated debt relative to equity (D/E of 4.67), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 7/100, reflecting increased financial risk.
Credit Accep Corp Mich converts 45.4% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 100/100.
Credit Accep Corp Mich generates a 0.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is up from 0.0% the prior year.
Credit Accep Corp Mich passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Credit Accep Corp Mich generates $2487850.91 in operating cash flow ($1.1B OCF vs $424 net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Credit Accep Corp Mich generated $2.3B in revenue in fiscal year 2025. This represents an increase of 7.2% from the prior year.
Credit Accep Corp Mich reported $424 in net income in fiscal year 2025. This represents an increase of 71.0% from the prior year.
Credit Accep Corp Mich earned $36.38 per diluted share (EPS) in fiscal year 2025. This represents an increase of 83.0% from the prior year.
Cash & Balance Sheet
Credit Accep Corp Mich generated $1.1B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 7.3% from the prior year.
Credit Accep Corp Mich held $22.8M in cash against $0 in long-term debt as of fiscal year 2025.
Credit Accep Corp Mich had 11M shares outstanding in fiscal year 2025. This represents a decrease of 10.7% from the prior year.
Margins & Returns
Credit Accep Corp Mich's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.0 percentage points from the prior year.
Credit Accep Corp Mich's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.0 percentage points from the prior year.
Capital Allocation
Credit Accep Corp Mich spent $725.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 131.5% from the prior year.
Credit Accep Corp Mich invested $1.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 11.1% from the prior year.
CACC Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $580.0M0.0% | $579.9M-0.4% | $582.4M-0.2% | $583.8M+2.2% | $571.1M+0.9% | $565.9M+2.8% | $550.3M+2.2% | $538.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $24.8M-57.1% | $57.8M+59.2% | $36.3M-19.7% | $45.2M+104.5% | $22.1M+0.5% | $22.0M-24.1% | $29.0M+25.0% | $23.2M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $108.4M-4.7% | $113.8M-2.1% | $116.3M-1.5% | $118.1M+3.0% | $114.7M+3.1% | $111.3M+0.1% | $111.2M+6.4% | $104.5M |
| Income Tax | $39.2M+12.0% | $35.0M-14.0% | $40.7M+33.9% | $30.4M-14.1% | $35.4M-11.5% | $40.0M+44.4% | $27.7M+437.8% | -$8.2M |
| Net Income | $135.8M+145.0% | -$301.9M-379.0% | $108.2M+23.8% | $87.4M-17.8% | $106.3M+210.7% | -$96.0M-221.8% | $78.8M+267.3% | -$47.1M |
| EPS (Diluted) | $12.40 | N/A | $9.43+27.1% | $7.42-14.3% | $8.66 | N/A | $6.35+265.8% | $-3.83 |
CACC Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.7B+0.7% | $8.6B-0.1% | $8.6B-1.0% | $8.7B-5.8% | $9.3B+4.6% | $8.9B+2.0% | $8.7B+5.2% | $8.3B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $25.7M+12.7% | $22.8M+43.4% | $15.9M-77.3% | $70.0M-86.8% | $528.8M+53.9% | $343.7M+115.2% | $159.7M+1824.1% | $8.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.2B+1.0% | $7.1B+0.7% | $7.1B-1.5% | $7.2B-5.0% | $7.5B+6.2% | $7.1B+1.0% | $7.0B+5.0% | $6.7B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.5B-0.6% | $1.5B-3.5% | $1.6B+1.5% | $1.6B-9.1% | $1.7B-2.2% | $1.7B+6.3% | $1.6B+5.9% | $1.6B |
| Retained Earnings | $1.1B-3.2% | $1.1B-5.6% | $1.2B+0.1% | $1.2B-12.8% | $1.4B-4.0% | $1.4B+7.1% | $1.3B+6.3% | $1.2B |
CACC Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $346.8M+28.8% | $269.3M-10.1% | $299.4M+114.3% | $139.7M-59.6% | $346.2M+13.1% | $306.2M-3.6% | $317.7M+55.7% | $204.0M |
| Capital Expenditures | $1.3M+225.0% | $400K-33.3% | $600K+100.0% | $300K0.0% | $300K-57.1% | $700K+75.0% | $400K0.0% | $400K |
| Free Cash Flow | $345.5M+28.5% | $268.9M-10.0% | $298.8M+114.3% | $139.4M-59.7% | $345.9M+13.2% | $305.5M-3.7% | $317.3M+55.8% | $203.6M |
| Investing Cash Flow | -$192.1M-215.4% | -$60.9M+52.3% | -$127.6M+34.3% | -$194.2M+33.4% | -$291.6M-55.8% | -$187.2M+55.8% | -$424.0M+19.4% | -$526.0M |
| Financing Cash Flow | -$104.0M+49.6% | -$206.5M+12.8% | -$236.8M+52.9% | -$502.3M-327.3% | $221.0M+2178.4% | $9.7M-96.8% | $305.0M+12.1% | $272.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $178.9M-6.5% | $191.4M+78.2% | $107.4M-59.0% | $262.2M+59.5% | $164.4M+167.8% | $61.4M | $0-100.0% | $60.8M |
CACC Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 23.4%+75.5pp | -52.1%-70.6pp | 18.6%+3.6pp | 15.0%-3.6pp | 18.6%+35.6pp | -17.0%-31.3pp | 14.3%+23.1pp | -8.8% |
| Return on Equity | 9.0%+28.8pp | -19.8%-26.7pp | 6.9%+1.2pp | 5.6%-0.6pp | 6.2%+11.7pp | -5.5%-10.3pp | 4.8%+7.8pp | -3.0% |
| Return on Assets | 1.6%+5.1pp | -3.5%-4.8pp | 1.3%+0.3pp | 1.0%-0.1pp | 1.1%+2.2pp | -1.1%-2.0pp | 0.9%+1.5pp | -0.6% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 4.74+0.1 | 4.67+0.2 | 4.47-0.1 | 4.61+0.2 | 4.41+0.4 | 4.06-0.2 | 4.27-0.0 | 4.31 |
| FCF Margin | 59.6%+13.2pp | 46.4%-4.9pp | 51.3%+27.4pp | 23.9%-36.7pp | 60.6%+6.6pp | 54.0%-3.7pp | 57.7%+19.8pp | 37.8% |
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Frequently Asked Questions
What is Credit Accep Corp Mich's annual revenue?
Credit Accep Corp Mich (CACC) reported $2.3B in total revenue for fiscal year 2025. This represents a 7.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Credit Accep Corp Mich's revenue growing?
Credit Accep Corp Mich (CACC) revenue grew by 7.2% year-over-year, from $2.2B to $2.3B in fiscal year 2025.
Is Credit Accep Corp Mich profitable?
Yes, Credit Accep Corp Mich (CACC) reported a net income of $424 in fiscal year 2025, with a net profit margin of 0.0%.
What is Credit Accep Corp Mich's net profit margin?
Credit Accep Corp Mich (CACC) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Credit Accep Corp Mich's return on equity (ROE)?
Credit Accep Corp Mich (CACC) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Credit Accep Corp Mich's free cash flow?
Credit Accep Corp Mich (CACC) generated $1.1B in free cash flow during fiscal year 2025. This represents a -7.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Credit Accep Corp Mich's operating cash flow?
Credit Accep Corp Mich (CACC) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Credit Accep Corp Mich's total assets?
Credit Accep Corp Mich (CACC) had $8.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Credit Accep Corp Mich's capital expenditures?
Credit Accep Corp Mich (CACC) invested $1.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Credit Accep Corp Mich's debt-to-equity ratio?
Credit Accep Corp Mich (CACC) had a debt-to-equity ratio of 4.67 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Credit Accep Corp Mich's return on assets (ROA)?
Credit Accep Corp Mich (CACC) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Credit Accep Corp Mich's Piotroski F-Score?
Credit Accep Corp Mich (CACC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Credit Accep Corp Mich's earnings high quality?
Credit Accep Corp Mich (CACC) has an earnings quality ratio of 2487850.91x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Credit Accep Corp Mich?
Credit Accep Corp Mich (CACC) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.