CREDIT ACCEPTANCE CORP
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.32B | $2.16B | $1.90B | $1.83B | $1.86B | $1.67B | $1.49B | $1.29B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $161.4M | $97.9M | $87.2M | $88.7M | $100.3M | $69.6M | $65.1M | $55.7M |
| Operating Income | $1.03B | $749.0M | $634.1M | $878.3M | $1.43B | $741.5M | $1.05B | $911.7M |
| Operating Margin | 44.4% | 34.6% | 33.3% | 47.9% | 76.8% | 44.4% | 70.7% | 70.9% |
| Interest Expense | $462.9M | $419.5M | $266.5M | $166.6M | $164.2M | $192.0M | $196.2M | $156.6M |
| Pretax Income | $565.4M | $329.5M | $367.6M | $711.7M | $1.26B | $549.5M | $855.9M | $755.1M |
| Income Tax Expense | $141.5M | $81.6M | $81.5M | $175.9M | $302.6M | $128.5M | $199.8M | $181.1M |
| Net Income | $423.9M | $247.9M | $286.1M | $535.8M | $958.3M | $421.0M | $656.1M | $574.0M |
| Net Margin | 18.3% | 11.5% | 15.0% | 29.2% | 51.6% | 25.2% | 44.1% | 44.6% |
| EPS (Basic) | $37.02 | $20.12 | $22.09 | $39.50 | $59.57 | $23.57 | $34.71 | $29.52 |
| EPS (Diluted) | $36.38 | $19.88 | $21.99 | $39.32 | $59.52 | $23.47 | $34.57 | $29.39 |
| Shares Outstanding (Basic) | 11.5M | 12.3M | 13.0M | 13.6M | 16.1M | 17.9M | 18.9M | 19.4M |
| Shares Outstanding (Diluted) | 11.7M | 12.5M | 13.0M | 13.6M | 16.1M | 17.9M | 19.0M | 19.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |