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Net margin is calculated as Net Income divided by its Revenue. Credit Acceptance's Net Income for the three months ended in Sep. 2024 was $79 Mil. Credit Acceptance's Revenue for the three months ended in Sep. 2024 was $544 Mil. Therefore, Credit Acceptance's net margin for the quarter that ended in Sep. 2024 was 14.50%.
The historical rank and industry rank for Credit Acceptance's Net Margin % or its related term are showing as below:
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.
Credit Acceptance Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Margin % | Get a 7-Day Free Trial | 44.35 | 25.28 | 51.77 | 29.39 | 15.22 |
Credit Acceptance Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Margin % | Get a 7-Day Free Trial | 14.97 | 19.28 | 12.82 | -8.87 | 14.50 |
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.
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.
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
Net Margin | = | Net Income (A: Dec. 2023 ) | / | Revenue (A: Dec. 2023 ) |
= | 286.1 | / | 1879.8 | |
= | 15.22 % |
Credit Acceptance's Net Margin for the quarter that ended in Sep. 2024 is calculated as
Net Margin | = | Net Income (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 78.8 | / | 543.6 | |
= | 14.50 % |
* 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.
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.
Prescott General Partners Llc | 10 percent owner, other: Member of Section 13(d) Group | 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431 |
Thomas W Smith | 10 percent owner, other: Member of Section 13(d) Group | 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431 |
Daniel A. Ulatowski | officer: Chief Sales Officer | 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034 |
Douglas W Busk | officer: Sr. Vice President & Treasurer | 25505 WEST TWELVE MILE ROAD, SOUTH FIELD MI 48034 |
Jonathan Lum | officer: Chief Operating Officer | 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034 |
Erin J Kerber | officer: Chief Legal Officer | 25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034 |
Wendy A Rummler | officer: Senior VP, Human Resources | 25505 WEST TWELVE MILE ROAD, SOUTHFIELD 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 |
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 |
Andrew K Rostami | officer: Chief Mktg and Product Officer | 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034 |
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 |
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