Credit Acceptance (Credit Acceptance) EBIT per Share : $26.82 (TTM As of Dec. 2023)

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What is Credit Acceptance EBIT per Share?

Credit Acceptance's EBIT per Share for the three months ended in Dec. 2023 was $8.73. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $26.82.

During the past 12 months, the average EBIT per Share Growth Rate of Credit Acceptance was -48.20% per year. During the past 3 years, the average EBIT per Share Growth Rate was -4.70% per year. During the past 5 years, the average EBIT per Share Growth Rate was -1.30% per year. During the past 10 years, the average EBIT per Share Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Credit Acceptance's EBIT per Share or its related term are showing as below:

CACC' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -43.5 Med: 20.1 Max: 55.7
Current: -4.7

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Credit Acceptance was 55.70% per year. The lowest was -43.50% per year. And the median was 20.10% per year.

CACC's 3-Year EBIT Growth Rate is ranked worse than
65.25% of 282 companies
in the Credit Services industry
Industry Median: 4.55 vs CACC: -4.70

Credit Acceptance's EBIT for the three months ended in Dec. 2023 was $112 Mil.

Credit Acceptance EBIT per Share Historical Data

The historical data trend for Credit Acceptance's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Credit Acceptance EBIT per Share Chart

Credit Acceptance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT per Share

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44.69

30.82

78.00

51.55

26.69

Credit Acceptance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT per Share	Get a 7-Day Free Trial															11.95	9.39	1.73	6.99	8.73

Credit Acceptance EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Credit Acceptance's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

	EBIT per Share		(A: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	347.3	/	13.011
=	26.69

Credit Acceptance's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

	EBIT per Share		(Q: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	112	/	12.836
=	8.73

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.82

Credit Acceptance (NAS:CACC) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Credit Acceptance EBIT per Share Related Terms

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Credit Acceptance (Credit Acceptance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (NAS:CACC) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

CRDA34:Brazil

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Executives

Wendy A Rummler	officer: Senior VP, Human Resources	25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Douglas W Busk	officer: Sr. Vice President & Treasurer	25505 WEST TWELVE MILE ROAD, SOUTH FIELD MI 48034
Nicholas J Elliott	officer: Chief Alignment Officer	25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Arthur L Smith	officer: Chief Analytics Officer	25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Sean Edward Quinn	director	C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Thomas W Smith	10 percent owner, other: Member of Section 13(d) Group	2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Scott J Vassalluzzo	director, 10 percent owner, other: Member of Section 13(d) Group	2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Donald A. Foss Irrevocable Trust Dated August 14, 2022	10 percent owner	39395 W. TWELVE MILE ROAD, SUITE 200, FARMINGTON HILLS MI 48331
Daniel A. Ulatowski	officer: Chief Sales Officer	25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Andrew K Rostami	officer: Chief Mktg and Product Officer	25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Prescott General Partners Llc	10 percent owner, other: Member of Section 13(d) Group	2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Ravi Mohan Valiyaveettil	officer: Chief Technology Officer	25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Thomas N Tryforos	director	323 RAILROAD AVE, GREENWICH CT 06830
Kenneth Booth	officer: Chief Financial Officer	25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Donald A Foss	director, 10 percent owner, officer: Chairman	29777 TELEGRAPH ROAD, SUITE 2611, SOUTHFIELD MI 48034