Credit Acceptance Corporation (CACC) - Net Assets
Based on the latest financial reports, Credit Acceptance Corporation (CACC) has net assets worth $1.51 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.69 Billion) and total liabilities ($7.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CACC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.51 Billion |
| % of Total Assets | 17.41% |
| Annual Growth Rate | 11.48% |
| 5-Year Change | -16.48% |
| 10-Year Change | 29.81% |
| Growth Volatility | 69.1 |
Credit Acceptance Corporation - Net Assets Trend (1992–2025)
This chart illustrates how Credit Acceptance Corporation's net assets have evolved over time, based on quarterly financial data. See Credit Acceptance Corporation (CACC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Credit Acceptance Corporation (1992–2025)
The table below shows the annual net assets of Credit Acceptance Corporation from 1992 to 2025. For live valuation and market cap data, see market value of Credit Acceptance Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.52 Billion | -12.92% |
| 2024-12-31 | $1.75 Billion | -0.23% |
| 2023-12-31 | $1.75 Billion | +7.99% |
| 2022-12-31 | $1.62 Billion | -10.97% |
| 2021-12-31 | $1.82 Billion | -20.77% |
| 2020-12-31 | $2.30 Billion | -2.24% |
| 2019-12-31 | $2.36 Billion | +18.30% |
| 2018-12-31 | $1.99 Billion | +29.63% |
| 2017-12-31 | $1.54 Billion | +30.85% |
| 2016-12-31 | $1.17 Billion | +26.46% |
| 2015-12-31 | $928.10 Million | +32.17% |
| 2014-12-31 | $702.20 Million | -6.39% |
| 2013-12-31 | $750.10 Million | +20.61% |
| 2012-12-31 | $621.90 Million | +15.18% |
| 2011-12-31 | $539.95 Million | +13.80% |
| 2010-12-31 | $474.47 Million | -4.76% |
| 2009-12-31 | $498.21 Million | +47.51% |
| 2008-12-31 | $337.75 Million | +27.24% |
| 2007-12-31 | $265.45 Million | +26.20% |
| 2006-12-31 | $210.35 Million | -43.61% |
| 2005-12-31 | $373.03 Million | +23.97% |
| 2004-12-31 | $300.89 Million | -15.85% |
| 2003-12-31 | $357.56 Million | +10.41% |
| 2002-12-31 | $323.85 Million | +12.28% |
| 2001-12-31 | $288.44 Million | -43.58% |
| 2000-12-31 | $511.22 Million | +94.40% |
| 1999-12-31 | $262.98 Million | -4.81% |
| 1998-12-31 | $276.26 Million | +10.95% |
| 1997-12-31 | $248.99 Million | +1.16% |
| 1996-12-31 | $246.14 Million | -58.32% |
| 1995-12-31 | $590.60 Million | +70.60% |
| 1994-12-31 | $346.20 Million | +74.50% |
| 1993-12-31 | $198.40 Million | +370.14% |
| 1992-12-31 | $42.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Credit Acceptance Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8925.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.12 Billion | 73.46% |
| Common Stock | $100.00K | 0.01% |
| Other Comprehensive Income | $1.00 Million | 0.07% |
| Other Components | $403.30 Million | 26.47% |
| Total Equity | $1.52 Billion | 100.00% |
Credit Acceptance Corporation Competitors by Market Cap
The table below lists competitors of Credit Acceptance Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
News Corp B
NASDAQ:NWS
|
$5.46 Billion |
|
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821
|
$5.46 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$5.47 Billion |
|
Gentex Corporation
NASDAQ:GNTX
|
$5.47 Billion |
|
NEXANS ADR EO 1
F:NXS0
|
$5.46 Billion |
|
Randstad NV
AS:RAND
|
$5.45 Billion |
|
Associated Banc-Corp
NYSE:ASB
|
$5.45 Billion |
|
Versant Media Group, Inc.
NASDAQ:VSNT
|
$5.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credit Acceptance Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,749,600,000 to 1,523,600,000, a change of -226,000,000 (-12.9%).
- Net income of 423,900,000 contributed positively to equity growth.
- Share repurchases of 725,400,000 reduced equity.
- Other comprehensive income increased equity by 1,300,000.
- Other factors increased equity by 74,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $423.90 Million | +27.82% |
| Share Repurchases | $725.40 Million | -47.61% |
| Other Comprehensive Income | $1.30 Million | +0.09% |
| Other Changes | $74.20 Million | +4.87% |
| Total Change | $- | -12.92% |
Book Value vs Market Value Analysis
This analysis compares Credit Acceptance Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 487.49x to 4.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $1.18 | $574.10 | x |
| 1993-12-31 | $1.28 | $574.10 | x |
| 1994-12-31 | $1.80 | $574.10 | x |
| 1995-12-31 | $4.57 | $574.10 | x |
| 1996-12-31 | $5.28 | $574.10 | x |
| 1997-12-31 | $4.98 | $574.10 | x |
| 1998-12-31 | $5.86 | $574.10 | x |
| 1999-12-31 | $5.69 | $574.10 | x |
| 2000-12-31 | $5.93 | $574.10 | x |
| 2001-12-31 | $6.68 | $574.10 | x |
| 2002-12-31 | $7.47 | $574.10 | x |
| 2003-12-31 | $8.24 | $574.10 | x |
| 2004-12-31 | $7.34 | $574.10 | x |
| 2005-12-31 | $9.51 | $574.10 | x |
| 2006-12-31 | $5.96 | $574.10 | x |
| 2007-12-31 | $8.52 | $574.10 | x |
| 2008-12-31 | $10.86 | $574.10 | x |
| 2009-12-31 | $15.73 | $574.10 | x |
| 2010-12-31 | $15.82 | $574.10 | x |
| 2011-12-31 | $20.30 | $574.10 | x |
| 2012-12-31 | $24.29 | $574.10 | x |
| 2013-12-31 | $31.24 | $574.10 | x |
| 2014-12-31 | $31.44 | $574.10 | x |
| 2015-12-31 | $44.24 | $574.10 | x |
| 2016-12-31 | $57.51 | $574.10 | x |
| 2017-12-31 | $78.52 | $574.10 | x |
| 2018-12-31 | $101.93 | $574.10 | x |
| 2019-12-31 | $124.12 | $574.10 | x |
| 2020-12-31 | $128.37 | $574.10 | x |
| 2021-12-31 | $113.30 | $574.10 | x |
| 2022-12-31 | $119.19 | $574.10 | x |
| 2023-12-31 | $134.79 | $574.10 | x |
| 2024-12-31 | $140.32 | $574.10 | x |
| 2025-12-31 | $134.97 | $574.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credit Acceptance Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 27.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.29%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 6.30x
- Recent ROE (27.82%) is above the historical average (22.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 20.38% | 46.24% | 0.15x | 3.04x | $4.38 Million |
| 1993 | 22.67% | 41.33% | 0.15x | 3.71x | $6.93 Million |
| 1994 | 27.21% | 39.77% | 0.12x | 5.63x | $13.03 Million |
| 1995 | 14.87% | 38.79% | 0.11x | 3.45x | $9.70 Million |
| 1996 | 16.86% | 37.59% | 0.10x | 4.37x | $16.89 Million |
| 1997 | 0.60% | 1.10% | 0.12x | 4.48x | $-23.40 Million |
| 1998 | 9.05% | 21.40% | 0.16x | 2.72x | $-2.63 Million |
| 1999 | -4.81% | -10.92% | 0.18x | 2.51x | $-38.94 Million |
| 2000 | 9.02% | 19.13% | 0.18x | 2.56x | $-2.57 Million |
| 2001 | 8.55% | 16.53% | 0.17x | 2.99x | $-4.17 Million |
| 2002 | 9.17% | 19.24% | 0.18x | 2.60x | $-2.68 Million |
| 2003 | 7.88% | 19.33% | 0.15x | 2.64x | $-7.58 Million |
| 2004 | 19.05% | 32.44% | 0.30x | 1.97x | $27.24 Million |
| 2005 | 19.46% | 36.58% | 0.32x | 1.66x | $35.30 Million |
| 2006 | 27.88% | 27.35% | 0.30x | 3.45x | $37.61 Million |
| 2007 | 20.69% | 23.61% | 0.25x | 3.55x | $28.37 Million |
| 2008 | 19.89% | 21.86% | 0.27x | 3.37x | $33.40 Million |
| 2009 | 29.36% | 38.64% | 0.32x | 2.36x | $96.43 Million |
| 2010 | 35.85% | 38.62% | 0.33x | 2.83x | $122.65 Million |
| 2011 | 34.82% | 35.92% | 0.30x | 3.26x | $134.00 Million |
| 2012 | 35.33% | 36.11% | 0.29x | 3.43x | $157.51 Million |
| 2013 | 33.74% | 37.28% | 0.28x | 3.24x | $178.09 Million |
| 2014 | 37.91% | 36.87% | 0.26x | 3.97x | $195.98 Million |
| 2015 | 32.29% | 38.49% | 0.23x | 3.65x | $206.89 Million |
| 2016 | 28.35% | 36.28% | 0.22x | 3.59x | $215.43 Million |
| 2017 | 30.62% | 44.67% | 0.21x | 3.25x | $316.62 Million |
| 2018 | 28.83% | 46.92% | 0.20x | 3.13x | $374.91 Million |
| 2019 | 27.86% | 44.35% | 0.20x | 3.15x | $420.57 Million |
| 2020 | 18.28% | 25.28% | 0.22x | 3.25x | $190.75 Million |
| 2021 | 52.53% | 51.77% | 0.26x | 3.87x | $775.88 Million |
| 2022 | 32.99% | 29.39% | 0.26x | 4.25x | $373.40 Million |
| 2023 | 16.31% | 15.04% | 0.23x | 4.79x | $110.73 Million |
| 2024 | 14.17% | 11.62% | 0.22x | 5.57x | $72.94 Million |
| 2025 | 27.82% | 18.29% | 0.24x | 6.30x | $271.54 Million |
Industry Comparison
This section compares Credit Acceptance Corporation's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,855,185,517
- Average return on equity (ROE) among peers: 3.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credit Acceptance Corporation (CACC) | $1.51 Billion | 20.38% | 4.74x | $5.46 Billion |
| Affirm Holdings Inc (AFRM) | $2.73 Billion | -18.95% | 2.48x | $21.03 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $1.49 Billion | 13.91% | 20.04x | $1.71 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $1.72 Billion | 12.06% | 19.66x | $142.66 Million |
| AIOS Tech Inc. (AIOS) | $189.80 Million | 9.28% | 0.49x | $3.53 Million |
| Ally Financial Inc (ALLY) | $20.49 Billion | 5.25% | 7.40x | $12.59 Billion |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $158.11 Million |
| Atlanticus Holdings Corporation (ATLC) | $738.20 Million | 13.64% | 0.36x | $1.34 Billion |
| American Express Company (AXP) | $22.00 Billion | 31.46% | 7.59x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $3.33 Billion | 15.57% | 5.81x | $4.10 Billion |
About Credit Acceptance Corporation
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. The company is also involved in the business of reinsuring co… Read more