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Credit Acceptance revenue
Credit Acceptance's revenue is $2.2 billion.
What is Credit Acceptance's revenue?
- Credit Acceptance's revenue growth from 2010 to 2024 is 389.12%.
- Credit Acceptance has 2,093 employees, and the revenue per employee ratio is $1,033,158.
- Credit Acceptance's peak quarterly revenue was $565.9M in 2024(q4).
- Credit Acceptance peak revenue was $2.2B in 2024.
- Credit Acceptance annual revenue for 2023 was 1.9B, 3.79% growth from 2022.
- Credit Acceptance annual revenue for 2024 was 2.2B, 13.7% growth from 2023.
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Credit Acceptance historical revenue
Credit Acceptance's peak revenue was $2.2B in 2024. The peak quarterly revenue was $565.9M in 2024(q4).
Credit Acceptance's revenue increased from $442.1m in 2010 to $2.2B currently. That's a 389.12% change in annual revenue.
Credit Acceptance annual revenue
Credit Acceptance annual revenue over time
| Fiscal year / year | Credit Acceptance revenue |
|---|---|
| 2010 | $442.1M |
| 2011 | $525.2M |
| 2012 | $609.2M |
| 2013 | $682.1M |
| 2014 | $723.5M |
| 2015 | $825.3M |
| 2016 | $969.2M |
| 2017 | $1.1B |
| 2018 | $1.3B |
| 2019 | $1.5B |
| 2020 | $1.7B |
| 2021 | $1.9B |
| 2022 | $1.8B |
| 2023 | $1.9B |
| 2024 | $2.2B |
How accurately did Credit Acceptance's revenue projections match actual performance?
Credit Acceptance annual growth
Credit Acceptance saw the greatest revenue growth in 2011, when revenue increased by 18.8%.
Credit Acceptance had the lowest revenue growth in 2022, when revenue changed by -1.27%.
Credit Acceptance annual growth rate over time
| Year | Credit Acceptance growth |
|---|---|
| 2011 | 19%↑ |
| 2012 | 16%↑ |
| 2013 | 12%↑ |
| 2014 | 6%↑ |
| 2015 | 14%↑ |
| 2016 | 17%↑ |
| 2017 | 15%↑ |
| 2018 | 16%↑ |
| 2019 | 16%↑ |
| 2020 | 12%↑ |
| 2021 | 11%↑ |
| 2022 | -1%↓ |
| 2023 | 4%↑ |
| 2024 | 14%↑ |
Credit Acceptance quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Credit Acceptance quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | $130.0M | $133.7M | $138.0M |
| 2012 | $142.4M | $151.8M | $155.7M | $175.7M |
| 2013 | $154.6M | $160.2M | $162.1M | $201.5M |
| 2014 | $165.8M | $179.8M | $171.0M | $213.7M |
| 2015 | $181.9M | $193.1M | $197.9M | $250.1M |
| 2016 | $214.0M | $226.1M | $234.1M | $291.4M |
| 2017 | $262.8M | $276.0M | $283.9M | $287.3M |
| 2018 | $295.6M | $315.4M | $332.0M | $342.8M |
| 2019 | $353.8M | $370.6M | $378.7M | $385.9M |
| 2020 | $389.1M | $406.3M | $426.5M | $447.4M |
| 2021 | $451.0M | $471.7M | $470.1M | $463.2M |
| 2022 | $455.7M | $457.4M | $460.3M | $459.0M |
| 2023 | $453.8M | $477.9M | $478.6M | $491.6M |
| 2024 | $508.0M | $538.2M | $550.3M | $565.9M |
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Did Credit Acceptance meet its revenue projections?
Credit Acceptance financial information
| CEO | Brett A. Roberts |
| Industry | Diversified Financials |
| Company Type | Public |
| Employees Number | 2,093 |
| Date Founded | 1972 |
| Headquarters | Southfield, Michigan |
| Number of Locations | 4 |
| Revenue | $2.2B |
| Net Income | $535,800,000 |
| Gross Proft | $1.9B (2024) |
| PE Ratio | 31.89 |
| Tax Rate | 0.2% |
| Market Capitalization | $7.9B |
| Total Assets | $6,904,700,000 |
| Ticker | CACC |
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Credit Acceptance competitors
Credit Acceptance's top competitor, Fifth Third Bank, earned an annual revenue of $7.7T.
Credit Acceptance's smallest competitor is General Revenue with revenue of $860.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Citi | $75,483 | $74.3B | 210,000 | 1,180 |
| The Vanguard Group | $71,689 | $6.9B | 17,600 | 136 |
| Flagstar Bank | $44,813 | $1.7B | 3,938 | 61 |
| T. Rowe Price | $66,691 | $7.1B | 7,678 | 435 |
| Ally Financial | $60,428 | $6.4B | 8,700 | 4 |
| Legg Mason | $84,387 | $2.9B | 3,059 | - |
| Piper Jaffray | $73,442 | $1.5B | 1,500 | 61 |
| Fifth Third Bank | $48,033 | $7.7T | 19,846 | 1,366 |
| M&T Bank | $45,852 | $499.3M | 16,840 | 1,113 |
| Morgan Stanley | $103,933 | $3.0B | 68,097 | 1,190 |
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Zippia gives an in-depth look into the details of Credit Acceptance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Credit Acceptance. The employee data is based on information from people who have self-reported their past or current employments at Credit Acceptance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Credit Acceptance. The data presented on this page does not represent the view of Credit Acceptance and its employees or that of Zippia.
Credit Acceptance may also be known as or be related to CREDIT ACCEPTANCE CORP, Credit Acceptance and Credit Acceptance Corporation.