Credit Acceptance Revenue, Profits - CACC Annual Income Statement

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$436.11 $5.66 (1.31%) CACC stock closing price Aug 14, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Credit Acceptance stock price alone is not sufficient. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $1.11B for 2017 impacts the CACC stock. Investors typically check year over year or quarter over quarter revenue growth. Revenue for year 2017 is $1.11B and has increased from $969.2M year on year as is evident when you compare the latest figures in the latest Credit Acceptance profit and loss statement with those of the prior corresponding period. Also see Credit Acceptance assets and Credit Acceptance free cash flow for a complete valuation of CACC stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Credit Acceptance Revenues or Net Sales
1.11B969.2M825.3M723.5M682.1M609.2M525.19M442.13M380.66M312.18M
Cost Of Goods Sold (COGS)----------
Credit Acceptance Gross Profit
1.11B969.2M825.3M723.5M682.1M609.2M525.19M442.13M380.66M312.18M
Research & Development Expense----------
Selling General & Admin Expense383.3M314.3M241.6M184.1M178.1M167.9M141.13M117.45M119.22M161.96M
Income Before Depreciation Depletion Amortization726.7M654.9M583.7M539.4M504M441.3M384.05M324.67M261.43M150.22M
Depreciation Depletion Amortization----------
Non Operating Income-22.7M-26M-33.2M-61.8M-40.8M-34.8M-30.39M-23.42M--0.02M
Interest Expense120.2M97.7M76M56.7M65M63.4M57.23M47.75M32.39M43.18M
Credit Acceptance Pretax Income
583.8M531.2M474.5M420.9M398.2M343.1M296.41M253.49M229.03M107.01M
Provision for Income Taxes113.6M198.4M174.8M154.7M145.1M123.4M108.37M83.39M82.99M39.94M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations470.2M332.8M299.7M266.2M253.1M219.7M188.04M170.1M146.04M67.06M
Extraordinary Items & Discontinued Operations--------0.03M--
Credit Acceptance Profit/ Loss (Net Income)
470.2M332.8M299.7M266.2M253.1M219.7M188.04M170.07M146.25M67.17M
Average Shares used to compute Diluted EPS19.56M20.41M20.98M22.33M24.01M25.6M26.6M29.99M31.67M31.11M
Average Shares used to compute Basic EPS19.5M20.33M20.89M22.26M23.85M25.41M26.3M29.39M30.59M30.25M
Income Before Nonrecurring Items399.8M360.6M309.8M271.7M248.3M216.2M194.08M160.49M125M82.68M
Income from Nonrecurring Items70.4M-27.8M-10.1M-5.5M4.8M3.5M-6.04M9.62M21.05M-15.62M
Credit Acceptance Earnings Per Share Basic Net
24.1216.3714.3511.9610.618.657.155.794.782.22
Credit Acceptance Earnings Per Share Diluted Net
24.0416.3114.2911.9210.548.587.075.674.622.16
EPS Diluted Before Nonrecurring Items20.4417.6714.7712.1710.348.457.305.353.952.66
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Credit Acceptance stock analysis are:

  • Topline: A growing topline, as seen from the Credit Acceptance revenue chart, as is the case with Credit Acceptance indicates a growing business. One needs to compare the YoY topline or sales growth of CACC stock with its peers like DFS stock and ALLY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Credit Acceptance try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the CACC income statement, one can check the Credit Acceptance historical stock prices to check how the price has moved with time.

Credit Acceptance Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
15.46
PS Ratio (price sales ratio)
7.18
Operating Margin
77.4
Net Profit Margin
47.9
Dividend Yield
0%