Credit Acceptance Corporation (CACC)

Altair Engineering Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	2,093	1,993	1,755	1,686	1,743	1,562
Total Interest Expense	455.3	419.5	266.5	166.6	164.2	192
Net Interest Income	1,638	1,573	1,489	1,520	1,578	1,370
Other Revenue	177.9	169.7	146.5	146.1	113.4	106.9
Revenue Before Loan Losses	1,816	1,743	1,635	1,666	1,692	1,477
Provision for Loan Losses	642.6	814.7	736.2	481.4	8.4	556.9
Revenue	1,173	928.2	899.2	1,184	1,683	920.4
Revenue Growth (YoY)	43.92%	3.23%	-24.08%	-29.64%	82.90%	-24.33%
Salaries & Employee Benefits	327.2	309.2	280.2	262	218.1	186.5
Cost of Services Provided	286.9	265.8	249.6	210.7	204.4	177
Total Operating Expenses	614.1	575	529.8	472.7	422.5	363.5
Operating Income	559.1	353.2	369.4	711.7	1,261	556.9
EBT Excluding Unusual Items	559.1	353.2	369.4	711.7	1,261	556.9
Other Unusual Items	-1.2	-	-1.8	-	-	-7.4
Pretax Income	557.9	329.5	367.6	711.7	1,261	549.5
Income Tax Expense	133.5	81.6	81.5	175.9	302.6	128.5
Net Income	424.4	247.9	286.1	535.8	958.3	421
Net Income to Common	424.4	247.9	286.1	535.8	958.3	421
Net Income Growth	133.70%	-13.35%	-46.60%	-44.09%	127.63%	-35.83%
Shares Outstanding (Basic)	12	12	13	14	16	18
Shares Outstanding (Diluted)	12	12	13	14	16	18
Shares Change (YoY)	-4.08%	-4.16%	-4.51%	-15.38%	-10.23%	-5.49%
EPS (Basic)	35.23	20.12	22.09	39.50	59.57	23.57
EPS (Diluted)	34.75	19.88	21.99	39.32	59.52	23.47
EPS Growth	143.69%	-9.59%	-44.07%	-33.94%	153.60%	-32.11%
Free Cash Flow	1,108	1,136	1,200	1,236	1,062	976.7
Free Cash Flow Per Share	90.72	91.11	92.22	90.69	65.95	54.45
Operating Margin	47.66%	38.05%	41.08%	60.09%	74.90%	60.51%
Profit Margin	36.18%	26.71%	31.82%	45.24%	56.93%	45.74%
Free Cash Flow Margin	94.45%	122.40%	133.43%	104.32%	63.08%	106.12%
Effective Tax Rate	23.93%	24.77%	22.17%	24.71%	24.00%	23.39%
Revenue as Reported	2,271	2,162	1,902	1,832	1,856	1,669

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q