The historical rank and industry rank for Credit Acceptance's Net Margin % or its related term are showing as below:
CACC'
s Net Margin % Range Over the Past 10 Years
Min: 9.12 Med: 36.63 Max: 51.77
Current: 9.12
CACC's Net Margin % is ranked worse than 60.3% of 534
companies
in the Credit Services industry
Industry Median: 14.96
vs CACC: 9.12
Credit Acceptance Net Margin % Historical Data
The historical data trend for Credit Acceptance's Net Margin % 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.
Competitive Comparison of Credit Acceptance's Net Margin %
For the Credit Services subindustry, Credit Acceptance's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Credit Acceptance's Net Margin % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Credit Acceptance's Net Margin % distribution charts can be found below:
* The bar in red indicates where Credit Acceptance's Net Margin % falls into.
Credit Acceptance Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Credit Acceptance's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Credit Acceptance (NAS:CACC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Credit Acceptance Net Margin % Related Terms
Thank you for viewing the detailed overview of Credit Acceptance's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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 a source of revenue.
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