← CREDIT ACCEPTANCE CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $332.8m |
$470.2m
+41.29%
|
$574.0m
+22.08%
|
$656.1m
+14.30%
|
$421.0m
-35.83%
|
$958.3m
+127.62%
|
$535.8m
-44.09%
|
$286.1m
-46.60%
|
$247.9m
-13.35%
|
$423.9m
+71.00%
|
— | |
| Amortization of Debt Issuance Costs and Discounts | $9.2m | $10.4m | $14.1m | $15.1m | $15.0m | $16.6m | $16.6m | $17.7m | $21.1m | $23.0m | — | |
| Depreciation | $6.1m | $6.0m | $5.4m | $7.3m | $8.8m | $9.7m | $9.0m | $8.9m | $6.7m | $3.6m | $2.9m | |
| Deferred Income Tax Expense (Benefit) | $24.2m | ($85.7m) | $49.3m | $85.5m | $68.3m | $44.6m | ($7.7m) | ($38.0m) | ($70.4m) | $34.6m | $43.4m | |
| Share-based Payment Arrangement, Noncash Expense | $7.4m | $15.4m | $10.3m | $7.6m | $6.2m | $24.8m | $36.5m | $39.1m | $45.0m | $50.7m | $45.1m | |
| Net Cash Provided by (Used in) Operating Activities | $507.2m |
$566.0m
+11.59%
|
$703.9m
+24.36%
|
$812.3m
+15.40%
|
$985.2m
+21.29%
|
$1.1b
+8.55%
|
$1.2b
+15.83%
|
$1.2b
-2.82%
|
$1.1b
-5.47%
|
$1.1b
-7.32%
|
$1.2b
+16.16%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.5m | $8.4m | $25.1m | $26.8m | $8.5m | $7.6m | $3.1m | $4.0m | $1.8m | $1.6m | ($3.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($100k) | ($100k) | — | — | — | — | — | — | ($23.7m) | ($23.7m) | $1.2m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $5.8m | $5.6m | $11.5m | $11.9m | $13.0m | $18.3m | $24.3m | $8.5m | $9.3m | $12.2m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($935.5m) | ($902.7m) | ($1.2b) | ($1.0b) | ($673.5m) | $437.3m | ($460.6m) | ($1.4b) | ($1.7b) | ($674.3m) | ($552.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | $0 | ($1.8m) | ($7.4m) | $0 | $0 | ($1.8m) | $0 | ($1.2m) | — | |
| Payments for Repurchase of Common Stock | $121.7m | $123.5m | $129.1m | $300.4m | $480.8m | $1.5b | $784.5m | $202.6m | $313.3m | $725.4m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | $0 | $0 | $11.8m | $15.1m | $5.2m | $15.6m | $23.5m | — | |
| Proceeds from (Payments for) Other Financing Activities | $4.3m | ($2.5m) | ($7.0m) | ($600k) | ($800k) | ($800k) | $16.3m | $6.4m | ($17.0m) | $1.0m | — | |
| Net Cash Provided by (Used in) Financing Activities | $436.6m |
$330.3m
-24.35%
|
$599.9m
+81.62%
|
$400.3m
-33.27%
|
($433.2m)
-208.22%
|
($1.5b)
-239.04%
|
($794.6m)
+45.90%
|
$266.2m
+133.50%
|
$957.3m
+259.62%
|
($724.6m)
-175.69%
|
($744.7m)
-2.77%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $65.6m | $24.5m | $65.5m | $188.4m | ($121.5m) | $38.0m | ($16.5m) | $53.2m | $374.1m | ($344.3m) | $492.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $239.3m | $263.8m | $329.3m | $517.7m | $396.2m | $434.2m | $417.7m | $470.9m | $845.0m | $500.7m | $492.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $88.0m | $108.8m | $141.0m | $175.6m | $191.6m | $149.4m | $147.3m | $242.1m | $393.4m | $438.4m | — | |
| Income Taxes Paid, Net | $111.2m | $175.0m | $168.8m | $172.4m | $141.5m | $213.2m | $72.7m | $31.9m | $103.7m | $279.3m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $48.2m | $55.5m | $55.7m | $65.1m | $69.6m | $100.3m | $88.7m | $87.2m | $97.9m | $161.4m | — | |
| Income Tax Expense (Benefit) | $198.4m | $113.6m | $181.1m | $199.8m | $128.5m | $302.6m | $175.9m | $81.5m | $81.6m | $141.5m | — | |
| Operating Expenses | — | — | — | — | — | — | — | $459.1m | $501.5m | $599.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | $1.4m | $1.3m | $1.2m | $2.0m | $2.2m | — | |
| Proceeds from Stock Options Exercised | $0 | — | — | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | $814.7m | $616.1m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.