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, Henderson
Southfield, US (HQ)
25505 Twelve Mile Rd

Credit Acceptance Metrics

Credit Acceptance Financial Metrics

Revenue (2016)

$969.2 m

Revenue growth (2015-16), %


Net income (2016)

$332.8 m

Market capitalization (21-Mar-2017)

$4 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$14.6 m
Credit Acceptance's current market capitalization is $4 b.
Credit Acceptance's revenue was reported to be $969.2 m in FY, 2016 which is a 17.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$682.1 m$723.5 m$825.3 m$969.2 m

Revenue growth, %


Operating expense total

$350.8 m$438 m


$398.2 m$420.9 m$474.5 m

EBIT margin, %


Interest expense

$76 m$97.7 m

Pre tax profit

$474.5 m$531.2 m

Income tax expense

$174.8 m$198.4 m

Net Income

$253.1 m$266.2 m$299.7 m$332.8 m
FY, 2013FY, 2014FY, 2015FY, 2016


$4.2 m$6.4 m$6.3 m$14.6 m

Accounts Receivable



$22.3 m$20.9 m$18.9 m$18.2 m

Total Assets

$2.4 b$2.8 b$3.4 b$4.2 b

Accounts Payable

Additional Paid-in Capital

$63.2 m$88.7 m$100.8 m$131.7 m

Retained Earnings

$686.9 m$613.4 m$827.2 m$1 b

Total Equity

$750.1 m$702.2 m$928.1 m$1.2 b

Financial Leverage

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

Net Income

$253.1 m$266.2 m$299.7 m$332.8 m

Depreciation and Amortization

$5.4 m$5.5 m$5.7 m$6.1 m

Accounts Receivable


Accounts Payable

$8 m$600 k$13 m$11.8 m

Cash From Operating Activities

$325.7 m$365.2 m$404.2 m$507.2 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 m$400 k$235.2 m$436.6 m

Interest Paid

$57.5 m$55.2 m$61.8 m$88 m

Income Taxes Paid

$119.6 m$99.9 m$146.9 m$111.2 m

Credit Acceptance Market Value History

Credit Acceptance Job Categories

Credit Acceptance Median Salaries

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

Credit Acceptance Company Life

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