Credit Acceptance
Funds dealer-originated vehicle loans for consumers with impaired or limited credit histories.
Something off on this page? Send us feedback.
Profile
Provides indirect auto financing through dealer partnerships, using Portfolio and Purchase Programs for consumers with impaired or limited credit histories. Finance charges from loan assignments and servicing are the main revenue source, while dealer relationships and collection forecasts shape the model.
Dealer-originated consumer loans are assigned for administration, servicing and collection. Under the Portfolio Program, funds are advanced to dealers while the underlying loans are serviced; under the Purchase Program, the loans are bought and collections are retained. Most assigned loans involve consumers with impaired or limited credit histories.
Finance charges, including interest income and program fees, are the main revenue source, supplemented by ancillary-product and remarketing activities. Dealer partnerships support loan assignments, and cash-flow forecasting estimates future collections when loans are assigned.
Dealer relationships, loan-performance forecasts and consumer-finance laws shape operations. The company is subject to CFPB supervision and expects state and federal regulatory investigations to continue.
Company facts
Categories
Key statistics
Year to date +31.0% · Average volume (30d) 122.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| Apr 17, 2026 | Stephens | Target | $500 | $540 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $12.20 | $12.12 | −0.7% | $588.1M | $587.4M | −0.1% | +0.79% |
| May 5, 2026Q1 FY26 | $10.61 | $10.71 | +0.9% | $580.8M | $580.0M | −0.1% | +2.71% |
| Jan 29, 2026Q4 FY25 | $10.30 | $11.35 | +10.2% | $585.4M | $579.9M | −0.9% | +10.42% |
| Oct 30, 2025Q3 FY25 | $9.87 | $10.28 | +4.2% | $593.8M | $576.4M | −2.9% | −1.11% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $562.3M | $575.6M | $576.4M | $579.9M | $580.0M | $587.4M | |
| Gross profit | $342.9M | $354.0M | $356.0M | $573.2M | $573.5M | $581.3M | |
| Operating income | $134.1M | $109.6M | $142.9M | $306.6M | $283.4M | $276.0M | |
| Net income | $106.3M | $87.4M | $108.2M | $122.0M | $135.8M | $135.9M | |
| Diluted EPS | $8.66 | $7.42 | $9.43 | $10.99 | $12.40 | $12.66 | |
| Gross margin | 61.0% | 61.5% | 61.8% | 98.8% | 98.9% | 99.0% | |
| Operating margin | 23.8% | 19.0% | 24.8% | 52.9% | 48.9% | 47.0% |
Fiscal years (4-quarter sums)FY21 $1.85B · FY22 $1.82B · FY23 $1.88B · FY24 $2.13B · FY25 $2.29B
Balance sheet, Jun 30, 2026Cash & short-term investments $1.4M · Total debt $6.29B · Total assets $8.62B · Shareholders' equity $1.59B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 10.46M · Float 5.15M · 49.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Allan V. Apple, not individually but solely in capacity as trustee | 2.07M | 19.80% | 13D | Jun 5, 2026 |
| Jill Foss Watson | 1.52M | 14.50% | 13D | Jun 5, 2026 |
| Prescott General Partners LLC · 10 percent owner, other: Member of Section 13(d) Group | 901.2K | 8.62% | Form 4 | Jul 7, 2026 |
| John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss T | 710.3K | 6.80% | 13G | May 15, 2026 |
| BlackRock, Inc. | 629.7K | 6.00% | 13G | Jul 27, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 16, 2026 | Jill Foss Watson | 10 percent owner | −1,436 | $640.52 |
| Jul 2, 2026 | Jill Foss Watson | 10 percent owner | −11,000 | $653.24 |
| Jun 26, 2026 | Erin J. Kerber | officer: Chief Legal Officer | −5,720 | $629.80 |
| Jun 26, 2026 | Nicholas J. Elliott | officer: Chief Transformation Officer | −2,306 | $629.99 |
| Jun 25, 2026 | Erin J. Kerber | officer: Chief Legal Officer | −2,937 | $627.19 |
Peers
- Consumer Portfolio Services
Indirect auto finance for nonprime borrowers through dealers
- OneMain
Point-of-purchase secured auto finance for nonprime consumers
- Ally Financial
Full-spectrum dealer auto finance and insurance products
- Capital One
Dealer-network auto financing and online prequalification
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Credit Acceptance | $594.11 | −0.11% | $6.22B | 13.1 | 11.6 | 2.7 | +2.1% |
| Consumer Portfolio Services | $9.42 | +0.21% | $204.4M | 10.4 | — | 0.5 | +10.6% |
| OneMain | $63.02 | +0.29% | $7.26B | 9.5 | 8.0 | 1.1 | −15.5% |
| Ally Financial | $42.18 | 0.00% | $12.83B | 9.9 | 7.1 | 0.8 | −0.3% |
| Capital One | $223.60 | +3.64% | $132.31B | 13.3 | 9.9 | 1.7 | +26.0% |
| Median | 10.1 | 8.0 | 1.0 | +5.1% |