Credit Acceptance Net Income/Loss 2010-2025 | CACC
Credit Acceptance annual/quarterly net income/loss history and growth rate from 2010 to 2025. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
- Credit Acceptance net income/loss for the quarter ending March 31, 2025 was $0.106B, a 65.32% increase year-over-year.
- Credit Acceptance net income/loss for the twelve months ending March 31, 2025 was $0.467B, a 29.67% decline year-over-year.
- Credit Acceptance annual net income/loss for 2024 was $0.248B, a 13.35% decline from 2023.
- Credit Acceptance annual net income/loss for 2023 was $0.286B, a 46.6% decline from 2022.
- Credit Acceptance annual net income/loss for 2022 was $0.536B, a 44.09% decline from 2021.
Credit Acceptance Annual Net Income/Loss
(Millions of US $) |
| 2024 |
$248 |
| 2023 |
$286 |
| 2022 |
$536 |
| 2021 |
$958 |
| 2020 |
$421 |
| 2019 |
$656 |
| 2018 |
$574 |
| 2017 |
$470 |
| 2016 |
$333 |
| 2015 |
$300 |
| 2014 |
$266 |
| 2013 |
$253 |
| 2012 |
$220 |
| 2011 |
$188 |
| 2010 |
$170 |
| 2009 |
$146 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Consumer Loands |
$5.832B |
$2.162B |
|
Credit Acceptance Corporation being a credit services company, operates through one segment, primarily focusing on offering financing programs, and related products and services to automobile dealers in the U.S. enabling them to sell vehicles to consumers irrespective of their credit history. Credit Acceptance offers financing programs through a country-wide network of automobile dealers. Credit Acceptance has two loan programs. Under the Portfolio Program, the company gives money to dealers (called Dealer Loans) in exchange for the right to service the underlying Consumer Loan. Under the Purchase Program, the company buys Consumer Loans from the dealers (called Purchased Loan) and keeps all the money collected from the consumer. Further, Credit Acceptance through its wholly-owned subsidiary, VSC Re Company, is engaged in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company.
|
