Credit Acceptance Gross Profit 2010-2024 | CACC
Credit Acceptance annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Credit Acceptance gross profit for the quarter ending September 30, 2024 was $0.550B, a 14.98% increase year-over-year.
- Credit Acceptance gross profit for the twelve months ending September 30, 2024 was $2.088B, a 11.7% increase year-over-year.
- Credit Acceptance annual gross profit for 2023 was $1.902B, a 3.79% increase from 2022.
- Credit Acceptance annual gross profit for 2022 was $1.832B, a 1.27% decline from 2021.
- Credit Acceptance annual gross profit for 2021 was $1.856B, a 11.18% increase from 2020.
Credit Acceptance Annual Gross Profit
(Millions of US $) |
| 2023 |
$1,902 |
| 2022 |
$1,832 |
| 2021 |
$1,856 |
| 2020 |
$1,669 |
| 2019 |
$1,489 |
| 2018 |
$1,286 |
| 2017 |
$1,110 |
| 2016 |
$969 |
| 2015 |
$825 |
| 2014 |
$724 |
| 2013 |
$682 |
| 2012 |
$609 |
| 2011 |
$525 |
| 2010 |
$442 |
| 2009 |
$381 |
Credit Acceptance Quarterly Gross Profit
(Millions of US $) |
| 2024-09-30 |
$550 |
| 2024-06-30 |
$538 |
| 2024-03-31 |
$508 |
| 2023-12-31 |
$492 |
| 2023-09-30 |
$479 |
| 2023-06-30 |
$478 |
| 2023-03-31 |
$454 |
| 2022-12-31 |
$459 |
| 2022-09-30 |
$460 |
| 2022-06-30 |
$457 |
| 2022-03-31 |
$456 |
| 2021-12-31 |
$463 |
| 2021-09-30 |
$470 |
| 2021-06-30 |
$472 |
| 2021-03-31 |
$451 |
| 2020-12-31 |
$447 |
| 2020-09-30 |
$427 |
| 2020-06-30 |
$406 |
| 2020-03-31 |
$389 |
| 2019-12-31 |
$386 |
| 2019-09-30 |
$379 |
| 2019-06-30 |
$371 |
| 2019-03-31 |
$354 |
| 2018-12-31 |
$343 |
| 2018-09-30 |
$332 |
| 2018-06-30 |
$315 |
| 2018-03-31 |
$296 |
| 2017-12-31 |
$287 |
| 2017-09-30 |
$284 |
| 2017-06-30 |
$276 |
| 2017-03-31 |
$263 |
| 2016-12-31 |
$256 |
| 2016-09-30 |
$247 |
| 2016-06-30 |
$239 |
| 2016-03-31 |
$228 |
| 2015-12-31 |
$218 |
| 2015-09-30 |
$210 |
| 2015-06-30 |
$203 |
| 2015-03-31 |
$194 |
| 2014-12-31 |
$185 |
| 2014-09-30 |
$182 |
| 2014-06-30 |
$180 |
| 2014-03-31 |
$177 |
| 2013-12-31 |
$175 |
| 2013-09-30 |
$173 |
| 2013-06-30 |
$169 |
| 2013-03-31 |
$165 |
| 2012-12-31 |
$159 |
| 2012-09-30 |
$156 |
| 2012-06-30 |
$152 |
| 2012-03-31 |
$142 |
| 2011-12-31 |
$138 |
| 2011-09-30 |
$134 |
| 2011-06-30 |
$130 |
| 2011-03-31 |
$124 |
| 2010-12-31 |
$115 |
| 2010-09-30 |
$112 |
| 2010-06-30 |
$112 |
| 2010-03-31 |
$103 |
| 2009-12-31 |
$100 |
| 2009-09-30 |
$100 |
| 2009-06-30 |
$92 |
| 2009-03-31 |
$88 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Consumer Loands |
$5.584B |
$1.902B |
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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.
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