Credit Acceptance (BSP:CRDA34) 3-Year Revenue Growth Rate : 15.90% (As of Mar. 2024)

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What is Credit Acceptance 3-Year Revenue Growth Rate?

Credit Acceptance's Revenue per Share for the three months ended in Mar. 2024 was R$19.76.

During the past 12 months, Credit Acceptance's average Revenue per Share Growth Rate was 9.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 15.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 18.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 18.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Credit Acceptance was 50.00% per year. The lowest was 0.80% per year. And the median was 18.70% per year.

Competitive Comparison of Credit Acceptance's 3-Year Revenue Growth Rate

For the Credit Services subindustry, Credit Acceptance's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credit Acceptance's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Credit Acceptance's 3-Year Revenue Growth Rate falls into.

Credit Acceptance 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Credit Acceptance (BSP:CRDA34) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Credit Acceptance 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Credit Acceptance's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Credit Acceptance (BSP:CRDA34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (BSP:CRDA34) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

CACC:USA

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

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.

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