CACC
Price:
$473.1
Market Cap:
$5.73B
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.[Read more]
Industry
Financial - Credit Services
IPO Date
1992-06-05
Stock Exchange
NASDAQ
Ticker
CACC
According to Credit Acceptance Corporation’s latest financial reports and current stock price. The company's current ROE is 11.48%. This represents a change of 317.93% compared to the average of 2.75% of the last 4 quarters.
The mean historical ROE of Credit Acceptance Corporation over the last ten years is 30.60%. The current 11.48% ROE has changed -62.49% with respect to the historical average. Over the past ten years (40 quarters), CACC's ROE was at its highest in in the March 2022 quarter at 13.16%. The ROE was at its lowest in in the March 2020 quarter at -4.26%.
Average
30.60%
Median
29.72%
Minimum
16.31%
Maximum
52.53%
Discovering the peaks and valleys of Credit Acceptance Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 187.31%
Maximum Annual ROE = 52.53%
Minimum Annual Increase = -50.55%
Minimum Annual ROE = 16.31%
Year | ROE | Change |
---|---|---|
2023 | 16.31% | -50.55% |
2022 | 32.99% | -37.20% |
2021 | 52.53% | 187.31% |
2020 | 18.28% | -34.36% |
2019 | 27.86% | -3.38% |
2018 | 28.83% | -5.83% |
2017 | 30.62% | 7.97% |
2016 | 28.35% | -12.19% |
2015 | 32.29% | -14.82% |
2014 | 37.91% | 12.35% |
The current ROE of Credit Acceptance Corporation (CACC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
33.95%
5-year avg
29.60%
10-year avg
30.60%
Credit Acceptance Corporation’s ROE is less than World Acceptance Corporation (20.05%), less than FirstCash Holdings, Inc (12.21%), less than Dorman Products, Inc. (15.55%), greater than Encore Capital Group, Inc. (-18.82%), less than CorVel Corporation (31.73%),
Company | ROE | Market cap |
---|---|---|
20.05% | $684.77M | |
12.21% | $4.67B | |
15.55% | $4.26B | |
-18.82% | $1.16B | |
31.73% | $6.34B |
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What is Credit Acceptance Corporation's ROE?
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What is the 5-year average ROE for Credit Acceptance Corporation (CACC)?
How does the current ROE for Credit Acceptance Corporation (CACC) compare to its historical average?