Credit Acceptance Corporation (CACC)

Credit Acceptance Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,956	1,902	1,832	1,856	1,669	1,489
Revenue Growth (YoY)	6.86%	3.79%	-1.27%	11.18%	12.11%	15.80%
Cost of Revenue	854.6	806.9	527.8	47.2	594.8	106.5
Gross Profit	1,102	1,095	1,305	1,809	1,075	1,383
Selling, General & Admin	467.9	459.1	426.3	383.7	325.6	328.6
Operating Expenses	467.9	459.1	426.3	383.7	325.6	328.6
Operating Income	633.6	635.9	878.3	1,425	748.9	1,054
Interest Expense / Income	304.6	266.5	166.6	164.2	192	196.2
Other Expense / Income	1.8	1.8	-	-	7.4	1.8
Pretax Income	327.2	367.6	711.7	1,261	549.5	855.9
Income Tax	76.3	81.5	175.9	302.6	128.5	199.8
Net Income	250.9	286.1	535.8	958.3	421	656.1
Net Income Growth	-40.40%	-46.60%	-44.09%	127.62%	-35.83%	14.30%
Shares Outstanding (Basic)	12	13	14	16	18	19
Shares Outstanding (Diluted)	13	13	14	16	18	19
Shares Change	-3.26%	-4.51%	-15.38%	-10.23%	-5.48%	-2.85%
EPS (Basic)	19.62	22.09	39.50	59.57	23.57	34.71
EPS (Diluted)	19.46	21.99	39.32	59.52	23.47	34.57
EPS Growth	-38.46%	-44.07%	-33.94%	153.60%	-32.11%	17.63%
Free Cash Flow	1,214	1,200	1,236	1,062	976.7	785.5
Free Cash Flow Per Share	97.26	92.62	91.09	66.01	54.69	41.56
Gross Margin	56.31%	57.57%	71.20%	97.46%	64.37%	92.85%
Operating Margin	32.39%	33.43%	47.93%	76.78%	44.86%	70.78%
Profit Margin	12.83%	15.04%	29.24%	51.63%	25.22%	44.06%
Free Cash Flow Margin	62.06%	63.08%	67.43%	57.21%	58.51%	52.75%
Effective Tax Rate	23.32%	22.17%	24.72%	24.00%	23.38%	23.34%
EBITDA	659.1	660.7	903.9	1,451	765.3	1,075
EBITDA Margin	33.69%	34.74%	49.33%	78.20%	45.85%	72.16%
Depreciation & Amortization	27.3	26.6	25.6	26.3	23.8	22.4
EBIT	631.8	634.1	878.3	1,425	741.5	1,052
EBIT Margin	32.30%	33.34%	47.93%	76.78%	44.42%	70.66%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).