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Credit Acceptance (FRA:2D5) Net Margin % : 12.82% (As of Mar. 2024)


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What is Credit Acceptance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Credit Acceptance's Net Income for the three months ended in Mar. 2024 was €59 Mil. Credit Acceptance's Revenue for the three months ended in Mar. 2024 was €462 Mil. Therefore, Credit Acceptance's net margin for the quarter that ended in Mar. 2024 was 12.82%.

The historical rank and industry rank for Credit Acceptance's Net Margin % or its related term are showing as below:

FRA:2D5' s Net Margin % Range Over the Past 10 Years
Min: 12.98   Med: 36.63   Max: 51.77
Current: 12.98


FRA:2D5's Net Margin % is ranked worse than
53.61% of 526 companies
in the Credit Services industry
Industry Median: 14.435 vs FRA:2D5: 12.98

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.

* Premium members only.

Credit Acceptance Net Margin % Chart

Credit Acceptance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.35 25.28 51.77 29.39 15.22

Credit Acceptance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.16 4.70 14.96 19.28 12.82

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=262.354/1723.777
=15.22 %

Credit Acceptance's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=59.156/461.564
=12.82 %

* 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  (FRA:2D5) 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

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Credit Acceptance (FRA:2D5) Business Description

Traded in Other Exchanges
Address
25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339
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 the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

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