Credit Acceptance Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	453.8	247.9	286.1	535.8	958.3	421
Depreciation & Amortization	27.4	27.8	26.6	25.6	26.3	23.8
Provision for Credit Losses	609.9	814.7	736.2	481.4	8.4	556.9
Stock-Based Compensation	50.5	45	39.1	36.5	24.8	6.2
Change in Accounts Payable	49	6.8	49.7	67.9	-10.7	-18.4
Change in Income Taxes	28.4	36.3	82.9	102.8	37.8	-80.8
Change in Other Net Operating Assets	-4	5.3	18.8	-3.9	-19.8	1.5
Other Operating Activities	-123.5	-69.6	-35.6	-7.4	44.3	75
Operating Cash Flow	1,092	1,138	1,204	1,239	1,069	985.2
Operating Cash Flow Growth	-4.50%	-5.47%	-2.82%	15.83%	8.55%	21.29%
Capital Expenditures	-1.9	-1.8	-4	-3.1	-7.6	-8.5
Sale of Property, Plant & Equipment	-	3.2	-	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-803.9	-1,710	-1,394	-442.8	443.2	-659.6
Other Investing Activities	5.2	-12.8	-19	-14.7	1.7	-5.4
Investing Cash Flow	-800.6	-1,721	-1,417	-460.6	437.3	-673.5
Long-Term Debt Issued	-	9,745	10,794	8,165	3,393	8,176
Long-Term Debt Repaid	-	-8,452	-10,303	-8,194	-3,385	-8,109
Net Debt Issued (Repaid)	113.6	1,294	490.5	-29	8.5	67.1
Issuance of Common Stock	23	15.6	5.2	15.1	11.8	-
Repurchase of Common Stock	-595.4	-313.3	-202.6	-784.5	-1,472	-480.8
Other Financing Activities	-49.6	-38.7	-26.9	3.8	-17.2	-19.5
Financing Cash Flow	-508.4	957.3	266.2	-794.6	-1,469	-433.2
Net Cash Flow	-217.5	374.1	53.2	-16.5	38	-121.5
Free Cash Flow	1,090	1,136	1,200	1,236	1,062	976.7
Free Cash Flow Growth	-4.43%	-5.31%	-2.90%	16.37%	8.71%	24.34%
Free Cash Flow Margin	88.38%	122.40%	133.43%	104.32%	63.08%	106.12%
Free Cash Flow Per Share	90.97	91.11	92.22	90.69	65.95	54.45
Cash Interest Paid	437.2	393.4	242.1	147.3	149.4	191.6
Cash Income Tax Paid	233.8	103.7	31.9	72.7	213.2	141.5

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.