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COMPANY BENCHMARKING • UNITED STATES

Credit Acceptance Corp - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Credit Acceptance Corp stacks up to the competition and put relevant competitor and industry information at your fingertips.


Credit Acceptance Corp - Overview

Description
Credit Acceptance is a public company headquartered in Michigan with an estimated 2,073 employees. In the US, the company has a notable market share in at least one industry: Subprime Auto Loans, where they account for an estimated 13.5% of total industry revenue and are considered a Disruptor because they display lower to medium market share that’s rising rapidly, but weaker profits compared to some of their peers.
Company Details

Registered Name: Credit Acceptance Corp

Company Type: Operating

Exchange: Nasdaq

Headquarters: 25505 West Twelve Mile Road, Southfield, MI 48034-8334

Employees: 2073

Credit Acceptance Corp - Operating Industries and Main Competitors

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Credit Acceptance Corp - Products and Services

  • Subprime Auto Loans

    • Of the 2 core revenue-generating products and services in the Subprime Auto Loans industry, Credit Acceptance Corp offers:
    • New car loans
    • Used car loans
error_outline To view Credit Acceptance Corp's full products and services, see purchase options.

Credit Acceptance Corp - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Credit Acceptance Corp's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Subprime Auto Loans industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Credit Acceptance Corp - Financial Statements & Ratios

pie_chartCredit Acceptance Corp Income Statement

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Revenue1,285.81,489.01,669.31,856.01,832.41,901.9
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
Other000000000000000000000000

pie_chartCredit Acceptance Corp Balance Sheet

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Cash and Equivalents25.7187.416.023.37.713.2
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
Other000000000000000000000000

pie_chartCredit Acceptance Corp Cash Flow

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
Other000000000000000000000000

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    Products and Services
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