Credit Acceptance Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	423.9	247.9	286.1	535.8	958.3
Depreciation & Amortization	26.6	27.8	26.6	25.6	26.3
Provision for Credit Losses	616.1	814.7	736.2	481.4	8.4
Stock-Based Compensation	50.7	45	39.1	36.5	24.8
Change in Accounts Payable	82.9	6.8	49.7	67.9	-10.7
Change in Income Taxes	-180.2	36.3	82.9	102.8	37.8
Change in Other Net Operating Assets	-1	5.3	18.8	-3.9	-19.8
Other Operating Activities	35.6	-69.6	-35.6	-7.4	44.3
Operating Cash Flow	1,055	1,138	1,204	1,239	1,069
Operating Cash Flow Growth	-7.32%	-5.47%	-2.82%	15.83%	8.55%
Capital Expenditures	-1.6	-1.8	-4	-3.1	-7.6
Sale of Property, Plant & Equipment	-	3.2	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-675	-1,710	-1,394	-442.8	443.2
Other Investing Activities	2.3	-12.8	-19	-14.7	1.7
Investing Cash Flow	-674.3	-1,721	-1,417	-460.6	437.3
Long-Term Debt Issued	4,023	9,745	10,794	8,165	3,393
Long-Term Debt Repaid	-4,027	-8,452	-10,303	-8,194	-3,385
Net Debt Issued (Repaid)	-3.9	1,294	490.5	-29	8.5
Issuance of Common Stock	23.5	15.6	5.2	15.1	11.8
Repurchase of Common Stock	-725.4	-313.3	-202.6	-784.5	-1,472
Other Financing Activities	-18.8	-38.7	-26.9	3.8	-17.2
Financing Cash Flow	-724.6	957.3	266.2	-794.6	-1,469
Net Cash Flow	-344.3	374.1	53.2	-16.5	38
Free Cash Flow	1,053	1,136	1,200	1,236	1,062
Free Cash Flow Growth	-7.31%	-5.31%	-2.90%	16.37%	8.71%
Free Cash Flow Margin	85.04%	122.40%	133.43%	104.32%	63.08%
Free Cash Flow Per Share	90.38	91.11	92.22	90.69	65.95
Cash Interest Paid	438.4	393.4	242.1	147.3	149.4
Cash Income Tax Paid	279.3	103.7	31.9	72.7	213.2

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