Credit Acceptance (CACC)
Funds dealer-originated vehicle loans for consumers with impaired or limited credit histories.
Something off on this page? Send us feedback.
Provides indirect auto financing through dealer partnerships, using Portfolio and Purchase Programs for consumers with impaired or limited credit histories. Finance charges from loan assignments and servicing are the main revenue source, while dealer relationships and collection forecasts shape the model.
Dealer-originated consumer loans are assigned for administration, servicing and collection. Under the Portfolio Program, funds are advanced to dealers while the underlying loans are serviced; under the Purchase Program, the loans are bought and collections are retained. Most assigned loans involve consumers with impaired or limited credit histories.
Finance charges, including interest income and program fees, are the main revenue source, supplemented by ancillary-product and remarketing activities. Dealer partnerships support loan assignments, and cash-flow forecasting estimates future collections when loans are assigned.
Dealer relationships, loan-performance forecasts and consumer-finance laws shape operations. The company is subject to CFPB supervision and expects state and federal regulatory investigations to continue.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Apr 17, 2026 | Stephens | Target | Target: $500 | Target: $540 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.4M · Total debt $6.29B · Total assets $8.62B · Shareholders' equity $1.59B
- Revenue
- $587.4M
- Operating income
- $276.0M
- Net income
- $135.9M
No dividends on record.
| Institutions | 74.08% | 7.69M shares | |
|---|---|---|---|
| 308 holders · as of Jun 30, 2026 | |||
| Insiders | 42.52% | 4.41M shares | |
| 20 holders · as of Jul 31, 2026 | |||
| Strategic holders | 20.84% | 2.16M shares | |
| 2 holders · as of May 15, 2026 | |||
| Adds to | 137.44% | ||
10.38M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 137.44%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Allan V. Apple, not individually but solely in capacity as trusteeInsider | 19.95% | 2.07M | filed Jun 5, 2026 |
Jill Foss Watson1Insider10 percent owner | 14.52% | 1.52M | filed Jul 20, 2026 |
but solely as a co-trustee of the Donald A. Foss Irrevocable Trust Dated August 14, 2022Strategic | 14.00% | 1.45M | filed Sep 26, 2022 |
Prescott General Partners LLCInstitution | 13.84% | 1.44M | as of Jun 30, 2026 |
John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss TStrategic | 6.84% | 710,297 | filed May 15, 2026 |
- Jill Foss Watson's transaction reports restate only vehicles that traded; the 2026 ownership statement (1.52M) less the 12.4K net shares sold since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 16, 2026 | Jill Foss Watson | 10 percent owner | −1,436 | $640.52 |
| Jul 2, 2026 | Jill Foss Watson | 10 percent owner | −11,000 | $653.24 |
| Jun 26, 2026 | Erin J. Kerber | officer: Chief Legal Officer | −5,720 | $629.80 |
| Jun 26, 2026 | Nicholas J. Elliott | officer: Chief Transformation Officer | −2,306 | $629.99 |
| Jun 25, 2026 | Erin J. Kerber | officer: Chief Legal Officer | −2,937 | $627.19 |
- Consumer Portfolio Services
Indirect auto finance for nonprime borrowers through dealers
- OneMain
Point-of-purchase secured auto finance for nonprime consumers
- Ally Financial
Full-spectrum dealer auto finance and insurance products
- Capital One
Dealer-network auto financing and online prequalification
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Credit Acceptance | $552.18 | −1.81% | $5.88B | 12.4 | 10.7 | 2.5 | +2.1% |
| Consumer Portfolio Services | $9.68 | +0.41% | $209.2M | 10.6 | — | 0.5 | +10.6% |
| OneMain | $57.80 | −2.18% | $6.83B | 8.9 | 7.3 | 1.1 | −15.5% |
| Ally Financial | $38.83 | −0.63% | $11.89B | 9.2 | 6.5 | 0.8 | −0.3% |
| Capital One | $198.63 | −0.96% | $123.03B | 12.4 | 9.1 | 1.6 | +26.0% |
| Median | 9.9 | 7.3 | 0.9 | +5.1% |