Credit Acceptance

Credit Acceptance (NASDAQ: CACC) is a 1,300+ employee, Michigan-based indirect finance company with 2014 operating revenues of $723M. Founded in 1972, Credit Acceptance works with car dealers nationwide to enable them to sell vehicles to customers on credit, regardless of their credit history. The company’s motto, “We Change Lives!” speaks to team members’ pride in their ability to make a difference in the lives of dealers and customers alike. We offer a great work environment, awesome team members, competitive benefits, progressive career opportunities, a casual dress code and we work hard to ensure every team member is empowered to work to their fullest potential. If you align with our values and demonstrate PRIDE (Positive, Respectful, Insightful, Direct and Earnest) in your work, we would love to hear from you!
Southfield, US
Size (employees)
1,609 (est)+13%
Credit Acceptance was founded in 1972 and is headquartered in Southfield, US

Credit Acceptance Office Locations

Credit Acceptance has offices in Southfield and Henderson
Southfield, US (HQ)
25505 Twelve Mile Rd

Credit Acceptance Data and Metrics

Credit Acceptance Financial Metrics

Credit Acceptance's revenue was reported to be $969.2 m in FY, 2016 which is a 17% increase from the previous period.
$, USD

Revenue (FY, 2016)

969.2 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

332.8 m

Market capitalization (23-Jun-2017)

4.9 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

14.6 m
Credit Acceptance's current market capitalization is $4.9 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


682.1 m723.5 m825.3 m969.2 m

Revenue growth, %


Operating expense total

350.8 m438 m


398.2 m420.9 m474.5 m

EBIT margin, %


Interest expense

76 m97.7 m

Pre tax profit

474.5 m531.2 m

Income tax expense

174.8 m198.4 m

Net Income

253.1 m266.2 m299.7 m332.8 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


4.2 m6.4 m6.3 m14.6 m


22.3 m20.9 m18.9 m18.2 m

Total Assets

2.4 b2.8 b3.4 b4.2 b

Additional Paid-in Capital

63.2 m88.7 m100.8 m131.7 m

Retained Earnings

686.9 m613.4 m827.2 m1 b

Total Equity

750.1 m702.2 m928.1 m1.2 b

Financial Leverage

3.2 x4 x3.7 x3.6 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

253.1 m266.2 m299.7 m332.8 m

Depreciation and Amortization

5.4 m5.5 m5.7 m6.1 m

Accounts Payable

8 m600 k13 m11.8 m

Cash From Operating Activities

325.7 m365.2 m404.2 m507.2 m

Purchases of PP&E

(5.6 m)(4.3 m)(4 m)(5.5 m)

Cash From Investing Activities

(333.6 m)(363.4 m)(639.5 m)(935.5 m)

Cash From Financing Activities

3.1 m400 k235.2 m436.6 m

Interest Paid

57.5 m55.2 m61.8 m88 m

Income Taxes Paid

119.6 m99.9 m146.9 m111.2 m
$, USDY, 2016


680.1 k

Financial Leverage

3.6 x

Credit Acceptance Market Value History

Credit Acceptance Job Categories

Credit Acceptance Median Salaries

Source: 13 public H-1B filings from Credit Acceptance

Credit Acceptance Online and Social Media Presence

Credit Acceptance Company Life and Culture

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