Financials

  • Market Capitalization 5.42 B
  • Employee 2 314
  • Founded 1972
  • CEO Kenneth Booth
  • Website www.creditacceptance.com
  • Headquarter Michigan, United States
  • FIGI BBG000CS0D96
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
12.19
Price to sales ratio
2.23
Dividends per share
Dividend yield %

Credit Acceptance Corporation

Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans and can buy the consumer loans from automobile dealers. Credit Acceptance reported annual revenue of $1.49B for 2019.

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