30 years of historical data (1995–2024) · Financial Services · Financial - Credit Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Credit Acceptance Corporation trades at 23.8x earnings, 38% above its 5-year average of 17.2x, sitting at the 89th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 73%. On a free-cash-flow basis, the stock trades at 4.6x P/FCF, 30% below the 5-year average of 6.6x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.2B | $5.9B | $6.9B | $6.5B | $11.1B | $6.2B | $8.4B | $7.5B | $6.3B | $4.4B | $4.5B |
| Enterprise Value | $10.7B | $11.4B | $11.5B | $10.6B | $15.7B | $10.9B | $12.7B | $11.3B | $9.4B | $7.0B | $6.6B |
| P/E Ratio → | 23.80 | 23.61 | 24.23 | 12.07 | 11.55 | 14.75 | 12.80 | 12.99 | 13.46 | 13.34 | 14.99 |
| P/S Ratio | 2.45 | 2.74 | 3.69 | 3.55 | 5.98 | 3.73 | 5.67 | 5.83 | 5.71 | 4.60 | 5.45 |
| P/B Ratio | 3.37 | 3.35 | 3.95 | 3.98 | 6.07 | 2.70 | 1.32 | 1.36 | 1.46 | 1.26 | 4.84 |
| P/FCF | 4.60 | 5.15 | 5.78 | 5.23 | 10.43 | 6.36 | 10.69 | 10.99 | 11.35 | 8.85 | 11.22 |
| P/OCF | 4.59 | 5.14 | 5.76 | 5.22 | 10.35 | 6.30 | 10.33 | 10.59 | 11.18 | 8.75 | 11.11 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Credit Acceptance Corporation's enterprise value stands at 30.4x EBITDA, 40% above its 5-year average of 21.8x. The Financial Services sector median is 11.1x, placing the stock at a 174% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.32 | 6.13 | 5.83 | 8.46 | 6.54 | 8.62 | 8.79 | 8.48 | 7.28 | 7.98 |
| EV / EBITDA | 30.41 | 32.19 | 30.83 | 14.61 | 12.22 | 18.90 | 14.64 | 14.64 | 15.72 | 12.96 | 13.49 |
| EV / EBIT | 33.01 | 34.95 | 33.19 | 15.15 | 12.48 | 19.71 | 15.03 | 15.02 | 16.16 | 13.33 | 13.89 |
| EV / FCF | — | 10.00 | 9.61 | 8.61 | 14.76 | 11.16 | 16.23 | 16.58 | 16.84 | 14.01 | 16.41 |
Margins and return-on-capital ratios measuring operating efficiency
Credit Acceptance Corporation earns an operating margin of 15.2%, below the Financial Services sector average of 21.9%. Operating margins have compressed from 38.5% to 15.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 14.2% is modest. ROIC of 3.3% represents below-average returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.4% | 62.4% | 67.2% | 73.9% | 77.2% | 75.0% | 71.6% | 72.6% | 74.4% | 74.1% | 72.6% |
| Operating Margin | 15.2% | 15.2% | 18.5% | 38.5% | 67.8% | — | 57.3% | 58.5% | 52.5% | 54.6% | 57.4% |
| Net Profit Margin | 11.6% | 11.6% | 15.2% | 29.4% | 51.8% | 25.3% | 44.3% | 44.8% | 42.5% | 34.5% | 36.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.2% | 14.2% | 16.9% | 31.1% | 46.4% | 9.7% | 11.1% | 11.7% | 11.9% | 14.9% | 36.8% |
| ROA | 2.7% | 2.7% | 3.6% | 7.3% | 13.2% | 5.6% | 9.6% | 10.2% | 10.2% | 8.7% | 9.7% |
| ROIC | 3.3% | 3.3% | 4.0% | 8.3% | 14.0% | — | 6.3% | 6.7% | 6.4% | 8.6% | 13.0% |
| ROCE | 3.6% | 3.6% | 4.3% | 9.6% | 17.7% | — | 12.8% | 13.8% | 13.1% | 14.4% | 15.9% |
Solvency and debt-coverage ratios — lower is generally safer
Credit Acceptance Corporation carries a Debt/EBITDA ratio of 18.0x, which is highly leveraged (338% above the sector average of 4.1x). Net debt stands at $5.5B ($6.4B total debt minus $845M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.63 | 3.63 | 2.89 | 2.83 | 2.53 | 2.04 | 0.71 | 0.70 | 0.71 | 0.74 | 2.25 |
| Debt / EBITDA | 18.00 | 18.00 | 13.55 | 6.31 | 3.60 | 8.16 | 5.21 | 4.97 | 5.14 | 4.80 | 4.28 |
| Net Debt / Equity | — | 3.15 | 2.62 | 2.57 | 2.52 | 2.04 | 0.68 | 0.69 | 0.71 | 0.73 | 2.24 |
| Net Debt / EBITDA | 15.61 | 15.61 | 12.29 | 5.73 | 3.58 | 8.13 | 5.00 | 4.94 | 5.13 | 4.77 | 4.27 |
| Debt / FCF | — | 4.85 | 3.83 | 3.38 | 4.33 | 4.80 | 5.54 | 5.59 | 5.49 | 5.16 | 5.19 |
| Interest Coverage | — | — | — | — | — | — | 4.32 | 4.78 | 4.83 | 5.40 | 6.22 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | 39.28 | 39.23 | 35.47 | 32.61 | 25.74 | 24.92 | 26.08 |
| Quick Ratio | — | — | — | — | 39.28 | 39.23 | 35.47 | 32.61 | 25.74 | 24.92 | 26.08 |
| Cash Ratio | 0.13 | — | — | — | 0.13 | 0.09 | 0.91 | 0.14 | 0.04 | 0.09 | 0.05 |
| Asset Turnover | — | 0.22 | 0.22 | 0.24 | 0.26 | 0.22 | 0.20 | 0.21 | 0.22 | 0.23 | 0.24 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Credit Acceptance Corporation returns 6.0% to shareholders annually primarily through share buybacks. The earnings yield of 4.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.2% | 4.2% | 4.1% | 8.3% | 8.7% | 6.8% | 7.8% | 7.7% | 7.4% | 7.5% | 6.7% |
| FCF Yield | 21.7% | 19.4% | 17.3% | 19.1% | 9.6% | 15.7% | 9.4% | 9.1% | 8.8% | 11.3% | 8.9% |
| Buyback Yield | 6.0% | 5.4% | 2.9% | 12.1% | 13.3% | 7.7% | 3.6% | 1.7% | 2.0% | 2.7% | 1.9% |
| Total Shareholder Yield | 6.0% | 5.4% | 2.9% | 12.1% | 13.3% | 7.7% | 3.6% | 1.7% | 2.0% | 2.7% | 1.9% |
| Shares Outstanding | — | $12M | $13M | $14M | $16M | $18M | $19M | $20M | $20M | $20M | $21M |
Compare CACC with 7 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CACCYou | $5B | 23.8 | 30.4 | 4.6 | 62.4% | 15.2% | 14.2% | 3.3% | 18.0 |
| IX | $39B | 18.1 | 15.3 | 5.2 | 41.8% | 11.5% | 8.6% | 2.4% | 8.6 |
| ALLY | $12B | 16.6 | 12.2 | — | 52.0% | 8.6% | 5.8% | 2.2% | 11.1 |
| MFIN | $298M | 6.6 | 7.1 | 2.6 | 43.6% | 21.6% | 8.4% | 6.8% | 4.2 |
| ANTA | $208M | 46.2 | 152.6 | — | 37.8% | 6.7% | 14.9% | 0.6% | 102.2 |
| CPSS | $179M | 10.3 | 113.1 | 0.8 | 52.7% | 7.0% | 6.8% | 0.7% | 111.6 |
| LPRO | $157M | -1.2 | — | 9.0 | 0.7% | -272.1% | -95.2% | -17.0% | — |
| AIHS | $14M | -3.9 | — | 27.4 | 25.1% | -114.1% | -169.2% | -108.4% | — |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonCredit Acceptance Corporation's current P/E ratio is 23.8x. The historical average is 14.9x. This places it at the 89th percentile of its historical range.
Credit Acceptance Corporation's current EV/EBITDA is 30.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
Credit Acceptance Corporation's return on equity (ROE) is 14.2%. The historical average is 20.3%.
Based on historical data, Credit Acceptance Corporation is trading at a P/E of 23.8x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Credit Acceptance Corporation has 62.4% gross margin and 15.2% operating margin. Operating margin between 10-20% is typical for established companies.
Credit Acceptance Corporation's Debt/EBITDA ratio is 18.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.