CREDIT ACCEPTANCE CORP

CACC · Personal Credit Institutions · 10.5M shares · -9%/yr ↓ buyback · EDGAR filings ↗

Net buyback after stock comp: $164M (gross $203M, SBC $39M)

Reference price $581.70 · est. market cap ~$6.1B — last insider sale, 2026-06-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B76

Credit Acceptance — highly profitable subprime auto lender.

Strengths

ROE 27.8% (92nd pct), ROA (100th), strong FCF (92nd)
Differentiated dealer-profit-share model

Risks

Heavy CFPB/state regulatory and litigation exposure
Subprime credit-cycle sensitivity

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Buying back stockNet buyback — share count -9%/yr over 4y
Insider sellingInsider selling — 161 open-market sale(s) by 9 insider(s) (cluster of 9 insiders, ~$56M, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $584M2025-09-30 · $582M2025-12-31 · $580M2026-03-31 · $580M

Last 4 quarters · from SEC filings.

Key metrics

Net margin

18.3%

Return on equity

27.8%

Return on assets

4.9%

Revenue growth (QoQ)

0.0%

Net-income growth

71.0%

Free cash flow

$1.1B

Tangible book value

$1.5B

Cash & investments

$23M

Stock comp / revenue

2.2%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-17	KERBER ERIN J	Option exercise	2	$333.94
2026-06-17	Martin Jay D	Sell	1	$575.15
2026-06-17	Martin Jay D	Sell	1	$581.70
2026-06-17	Elliott Nicholas J	Option exercise	3	$333.94
2026-06-17	Elliott Nicholas J	Sell	1	$581.70
2026-06-17	Elliott Nicholas J	Sell	2	$575.93
2026-06-17	Martin Jay D	Option exercise	2	$333.94
2026-06-17	KERBER ERIN J	Sell	1	$575.93
2026-06-17	KERBER ERIN J	Sell	1	$581.70
2026-06-16	Elliott Nicholas J	Sell	1	$581.49
2026-06-16	KERBER ERIN J	Option exercise	27	$333.94
2026-06-16	KERBER ERIN J	Sell	3	$575.18
2026-06-16	KERBER ERIN J	Sell	6	$577.24
2026-06-16	KERBER ERIN J	Sell	11	$578.16
2026-06-16	KERBER ERIN J	Sell	6	$579.07
2026-06-16	KERBER ERIN J	Sell	1	$581.49
2026-06-16	Martin Jay D	Option exercise	25	$333.94
2026-06-16	Martin Jay D	Sell	2	$575.28
2026-06-16	Martin Jay D	Sell	12	$577.51
2026-06-16	Martin Jay D	Sell	9	$578.65
2026-06-16	Martin Jay D	Sell	1	$579.81
2026-06-16	Martin Jay D	Sell	1	$581.49
2026-06-16	Elliott Nicholas J	Option exercise	36	$333.94
2026-06-16	Elliott Nicholas J	Sell	3	$575.18
2026-06-16	Elliott Nicholas J	Sell	11	$577.24
2026-06-16	Elliott Nicholas J	Sell	12	$578.21
2026-06-16	Elliott Nicholas J	Sell	9	$579.02
2026-06-15	KERBER ERIN J	Option exercise	27	$333.94
2026-06-15	Elliott Nicholas J	Sell	1	$576.06
2026-06-15	Martin Jay D	Sell	19	$575.03
2026-06-15	Martin Jay D	Option exercise	22	$333.94
2026-06-15	Elliott Nicholas J	Sell	15	$575.00
2026-06-15	KERBER ERIN J	Sell	23	$575.04
2026-06-15	KERBER ERIN J	Sell	4	$576.04
2026-06-15	Martin Jay D	Sell	3	$576.01
2026-06-15	Elliott Nicholas J	Option exercise	16	$333.94
2026-06-10	Flanagan Glenda J	Grant	358	—
2026-06-10	Booth Kenneth	Grant	358	—
2026-06-10	Quinn Sean Edward	Grant	358	—
2026-06-10	TRYFOROS THOMAS N	Grant	358	—
2026-06-10	VASSALLUZZO SCOTT J	Grant	358	—
2026-06-09	KERBER ERIN J	Option exercise	32	$333.94
2026-06-09	Martin Jay D	Sell	26	$575.78
2026-06-09	KERBER ERIN J	Sell	32	$575.71
2026-06-09	Martin Jay D	Option exercise	26	$333.94
2026-06-09	Elliott Nicholas J	Option exercise	32	$333.94
2026-06-09	Elliott Nicholas J	Sell	32	$575.73
2026-06-08	Elliott Nicholas J	Sell	21	$578.15
2026-06-08	KERBER ERIN J	Sell	22	$578.15
2026-06-08	Elliott Nicholas J	Option exercise	21	$333.94
2026-06-08	KERBER ERIN J	Option exercise	22	$333.94
2026-06-08	Martin Jay D	Option exercise	18	$333.94
2026-06-08	Martin Jay D	Sell	18	$578.15
2026-06-01	Elliott Nicholas J	Option exercise	59	$333.94
2026-06-01	Elliott Nicholas J	Sell	59	$575.25
2026-06-01	Martin Jay D	Sell	51	$575.25
2026-06-01	Martin Jay D	Option exercise	51	$333.94
2026-06-01	KERBER ERIN J	Option exercise	61	$333.94
2026-06-01	KERBER ERIN J	Sell	61	$575.25
2026-05-29	Martin Jay D	Option exercise	2.9K	$333.94
2026-05-29	Booth Kenneth	Option exercise	4.0K	$333.94
2026-05-29	Booth Kenneth	Sell	4.0K	$574.00
2026-05-29	KERBER ERIN J	Option exercise	3.5K	$333.94
2026-05-29	KERBER ERIN J	Sell	1.3K	$575.25
2026-05-29	KERBER ERIN J	Sell	1.1K	$576.67
2026-05-29	KERBER ERIN J	Sell	789	$577.45
2026-05-29	KERBER ERIN J	Sell	292	$578.67
2026-05-29	Elliott Nicholas J	Option exercise	3.3K	$333.94
2026-05-29	Elliott Nicholas J	Sell	1.5K	$575.40
2026-05-29	Elliott Nicholas J	Sell	847	$576.73
2026-05-29	Elliott Nicholas J	Sell	645	$577.66
2026-05-29	Elliott Nicholas J	Sell	320	$578.65
2026-05-29	LUM JONATHAN	Option exercise	5.0K	$333.94
2026-05-29	LUM JONATHAN	Sell	5.0K	$575.00
2026-05-29	Martin Jay D	Sell	1.3K	$575.27
2026-05-29	Martin Jay D	Sell	688	$576.48
2026-05-29	Martin Jay D	Sell	793	$577.55
2026-05-29	Martin Jay D	Sell	95	$578.44
2026-05-19	Booth Kenneth	Option exercise	4.0K	$333.94
2026-05-19	Booth Kenneth	Sell	4.0K	$554.00
2026-05-18	Elliott Nicholas J	Sell	252	$551.43
2026-05-18	Elliott Nicholas J	Sell	306	$552.62
2026-05-18	Elliott Nicholas J	Sell	480	$554.44
2026-05-18	Elliott Nicholas J	Sell	41	$554.93
2026-05-18	Elliott Nicholas J	Sell	120	$556.30
2026-05-18	Martin Jay D	Option exercise	1.6K	$333.94
2026-05-18	Martin Jay D	Sell	498	$550.01
2026-05-18	Martin Jay D	Sell	237	$551.49
2026-05-18	Martin Jay D	Sell	266	$552.63
2026-05-18	Martin Jay D	Sell	363	$554.44
2026-05-18	Martin Jay D	Sell	117	$555.95
2026-05-18	Martin Jay D	Sell	80	$558.48
2026-05-18	Rummler Wendy A	Option exercise	2.0K	$333.94
2026-05-18	Rummler Wendy A	Sell	751	$550.28
2026-05-18	Rummler Wendy A	Sell	231	$551.29
2026-05-18	Rummler Wendy A	Sell	518	$552.85
2026-05-18	Rummler Wendy A	Sell	440	$554.16
2026-05-18	Rummler Wendy A	Sell	54	$554.96
2026-05-18	KERBER ERIN J	Option exercise	1.9K	$333.94
2026-05-18	KERBER ERIN J	Sell	755	$550.29
2026-05-18	KERBER ERIN J	Sell	240	$551.68
2026-05-18	KERBER ERIN J	Sell	269	$552.54
2026-05-18	KERBER ERIN J	Sell	240	$553.98
2026-05-18	KERBER ERIN J	Sell	239	$554.74
2026-05-18	KERBER ERIN J	Sell	80	$556.30
2026-05-18	KERBER ERIN J	Sell	80	$558.48
2026-05-18	Booth Kenneth	Option exercise	4.0K	$333.94
2026-05-18	Booth Kenneth	Sell	4.0K	$554.00
2026-05-18	Elliott Nicholas J	Option exercise	1.8K	$333.94
2026-05-18	Elliott Nicholas J	Sell	616	$550.19
2026-05-14	Booth Kenneth	Option exercise	2.0K	$333.94
2026-05-14	Booth Kenneth	Sell	2.0K	$544.00
2026-05-14	Booth Kenneth	Option exercise	2.0K	$333.94
2026-05-14	Booth Kenneth	Sell	2.0K	$539.13
2026-05-06	LUM JONATHAN	Sell	4.0K	$550.00
2026-05-06	Valiyaveettil Ravi Mohan	Sell	1.3K	$550.00
2026-05-06	KERBER ERIN J	Option exercise	1.8K	$333.94
2026-05-06	KERBER ERIN J	Sell	1.0K	$550.27
2026-05-06	KERBER ERIN J	Sell	168	$551.44
2026-05-06	KERBER ERIN J	Sell	91	$552.65
2026-05-06	KERBER ERIN J	Sell	372	$553.93
2026-05-06	KERBER ERIN J	Sell	22	$555.00
2026-05-06	KERBER ERIN J	Sell	54	$557.09
2026-05-06	KERBER ERIN J	Sell	14	$559.37
2026-05-06	Elliott Nicholas J	Option exercise	1.7K	$333.94
2026-05-06	Elliott Nicholas J	Sell	1.0K	$550.24
2026-05-06	Elliott Nicholas J	Sell	80	$551.37
2026-05-06	Elliott Nicholas J	Sell	65	$553.05
2026-05-06	Elliott Nicholas J	Sell	397	$553.90
2026-05-06	Elliott Nicholas J	Sell	21	$555.00
2026-05-06	Elliott Nicholas J	Sell	51	$557.09
2026-05-06	Elliott Nicholas J	Sell	13	$559.37
2026-05-06	Rummler Wendy A	Option exercise	2.1K	$333.94
2026-05-06	Rummler Wendy A	Sell	1.6K	$550.33
2026-05-06	Rummler Wendy A	Sell	126	$551.14
2026-05-06	Rummler Wendy A	Sell	88	$553.12
2026-05-06	Rummler Wendy A	Sell	177	$553.79
2026-05-06	Rummler Wendy A	Sell	17	$555.00
2026-05-06	Rummler Wendy A	Sell	19	$557.08
2026-05-06	Rummler Wendy A	Sell	4	$559.37
2026-05-06	Rummler Wendy A	Sell	12	$565.15
2026-05-06	Martin Jay D	Option exercise	1.4K	$333.94
2026-05-06	Martin Jay D	Sell	1.0K	$550.30
2026-05-06	Martin Jay D	Sell	84	$551.35
2026-05-06	Martin Jay D	Sell	88	$553.16
2026-05-06	Martin Jay D	Sell	146	$553.93
2026-05-06	Martin Jay D	Sell	18	$555.00
2026-05-06	Martin Jay D	Sell	44	$557.09
2026-05-06	Martin Jay D	Sell	12	$559.37
2026-05-06	LUM JONATHAN	Option exercise	4.0K	$333.94
2026-05-06	Booth Kenneth	Option exercise	4.0K	$333.94
2026-05-06	Booth Kenneth	Sell	4.0K	$554.00
2026-04-21	Watson Jill Foss	Sell	2.8K	$541.45
2026-04-21	Watson Jill Foss	Sell	1.9K	$542.03
2026-04-21	Watson Jill Foss	Sell	188	$542.98
2026-04-21	Watson Jill Foss	Sell	1.0K	$540.27
2026-04-21	Watson Jill Foss	Sell	752	$539.53
2026-04-21	Watson Jill Foss	Sell	290	$537.96
2026-04-21	Watson Jill Foss	Sell	322	$536.27
2026-04-21	Watson Jill Foss	Sell	240	$527.76
2026-04-21	Watson Jill Foss	Sell	33	$534.96
2026-04-21	Watson Jill Foss	Sell	808	$531.73
2026-04-21	Watson Jill Foss	Sell	797	$530.83
2026-04-21	Watson Jill Foss	Sell	320	$529.36
2026-04-20	Booth Kenneth	Option exercise	4.0K	$333.94
2026-04-20	LUM JONATHAN	Sell	3.0K	$535.00
2026-04-20	LUM JONATHAN	Option exercise	3.0K	$333.94
2026-04-20	Booth Kenneth	Sell	4.0K	$534.00
2026-04-18	Rostami Andrew K	Tax withheld	474	$527.56
2026-04-17	Martin Jay D	Sell	65	$527.69
2026-04-17	Martin Jay D	Sell	680	$526.50
2026-04-17	Martin Jay D	Sell	2.3K	$525.31
2026-04-17	Martin Jay D	Option exercise	3.0K	$333.94
2026-04-17	Rummler Wendy A	Option exercise	4.1K	$333.94
2026-04-17	Rummler Wendy A	Sell	2.7K	$525.26
2026-04-17	Rummler Wendy A	Sell	1.2K	$526.42
2026-04-17	Rummler Wendy A	Sell	115	$527.71
2026-02-09	Martin Jay D	Sell	3.0K	$513.22
2026-02-09	LUM JONATHAN	Grant	893	—
2026-02-09	Elliott Nicholas J	Grant	2.5K	—
2026-02-09	Booth Kenneth	Sell	2.0K	$508.00
2026-02-09	Martin Jay D	Option exercise	3.0K	$333.94
2026-02-09	Martin Jay D	Sell	1.3K	$511.05
2026-02-06	Booth Kenneth	Sell	800	$511.14
2026-02-06	Booth Kenneth	Sell	1.2K	$508.36
2026-02-04	Booth Kenneth	Sell	1.2K	$513.29
2026-02-02	Rummler Wendy A	Sell	208	$501.29
2026-02-02	Rummler Wendy A	Sell	120	$503.73
2026-02-02	Rummler Wendy A	Sell	120	$505.61
2026-02-02	Rummler Wendy A	Sell	120	$506.72
2026-02-02	Rummler Wendy A	Sell	220	$508.17
2026-02-02	Rummler Wendy A	Sell	380	$509.64
2026-02-02	Rummler Wendy A	Sell	292	$511.20
2026-02-02	Rummler Wendy A	Sell	458	$512.11
2026-02-02	Rummler Wendy A	Sell	617	$513.58
2026-02-02	Rummler Wendy A	Sell	115	$515.15
2026-02-02	Rummler Wendy A	Option exercise	2.9K	$333.94
2026-02-02	Rummler Wendy A	Sell	240	$500.00
2026-02-02	Booth Kenneth	Option exercise	4.0K	$333.94
2026-02-02	Booth Kenneth	Sell	4.0K	$514.00
2026-02-01	Booth Kenneth	Grant	135	—
2026-01-31	Elliott Nicholas J	Tax withheld	630	$498.24
2026-01-31	Rummler Wendy A	Tax withheld	581	$498.24
2026-01-31	KERBER ERIN J	Tax withheld	542	$498.24
2026-01-31	LUM JONATHAN	Tax withheld	777	$498.24
2026-01-31	ULATOWSKI DANIEL A.	Tax withheld	952	$498.24
2026-01-31	Rostami Andrew K	Tax withheld	309	$498.24
2026-01-31	SMITH ARTHUR L	Tax withheld	896	$498.24
2026-01-31	Valiyaveettil Ravi Mohan	Tax withheld	71	$498.24
2026-01-31	Booth Kenneth	Tax withheld	1.4K	$498.24
2026-01-31	Martin Jay D	Tax withheld	696	$498.24
2026-01-30	Rummler Wendy A	Option exercise	1.2K	$333.94
2026-01-30	Booth Kenneth	Option exercise	4.0K	$333.94
2026-01-30	Booth Kenneth	Sell	4.0K	$494.00
2026-01-30	ULATOWSKI DANIEL A.	Option exercise	589	$333.94
2026-01-30	ULATOWSKI DANIEL A.	Sell	589	$500.12
2026-01-30	Rummler Wendy A	Sell	1.2K	$500.22
2026-01-30	Rummler Wendy A	Option exercise	4.1K	$333.94
2026-01-30	Rummler Wendy A	Sell	1.0K	$485.25
2026-01-30	Rummler Wendy A	Sell	110	$486.55
2026-01-30	Rummler Wendy A	Sell	280	$488.36
2026-01-30	Rummler Wendy A	Sell	391	$489.77
2026-01-30	Rummler Wendy A	Sell	210	$491.09
2026-01-30	Rummler Wendy A	Sell	567	$493.03
2026-01-30	Rummler Wendy A	Sell	370	$493.87
2026-01-30	Rummler Wendy A	Sell	498	$496.83
2026-01-30	Rummler Wendy A	Sell	425	$498.16
2026-01-30	Rummler Wendy A	Sell	172	$499.44
2025-12-30	TRYFOROS THOMAS N	Gift	5.2K	—
2025-12-30	TRYFOROS THOMAS N	Other	5.2K	—
2025-12-24	Flanagan Glenda J	Gift	1.9K	—
2025-12-16	Watson Jill Foss	Gift	550	—
2025-12-10	ULATOWSKI DANIEL A.	Option exercise	3.0K	$333.94
2025-12-10	Rostami Andrew K	Sell	606	$475.00
2025-12-10	ULATOWSKI DANIEL A.	Sell	3.0K	$475.66
2025-11-24	Rostami Andrew K	Sell	516	$428.50
2025-11-13	Hegde Vinayak	Grant	140K	—
2025-10-31	Rostami Andrew K	Tax withheld	484	$447.34
2025-10-24	Valiyaveettil Ravi Mohan	Tax withheld	1.3K	$506.56
2025-09-18	Booth Kenneth	Option exercise	4.0K	$333.94
2025-09-18	Booth Kenneth	Sell	4.0K	$506.59
2025-09-11	ULATOWSKI DANIEL A.	Option exercise	4.0K	$333.94
2025-09-11	ULATOWSKI DANIEL A.	Sell	4.0K	$522.00
2025-09-05	Elliott Nicholas J	Sell	350	$521.73
2025-08-25	ULATOWSKI DANIEL A.	Sell	53	$508.50
2025-08-25	LUM JONATHAN	Option exercise	6.0K	$333.94
2025-08-25	LUM JONATHAN	Sell	612	$508.69
2025-08-25	LUM JONATHAN	Sell	982	$509.79
2025-08-25	LUM JONATHAN	Sell	494	$510.90
2025-08-25	LUM JONATHAN	Sell	1.1K	$512.24
2025-08-25	LUM JONATHAN	Sell	971	$513.33
2025-08-25	LUM JONATHAN	Sell	659	$514.44
2025-08-25	LUM JONATHAN	Sell	443	$515.47
2025-08-25	LUM JONATHAN	Sell	535	$516.57
2025-08-25	LUM JONATHAN	Sell	229	$517.31
2025-08-25	LUM JONATHAN	Sell	11	$518.39
2025-08-25	ULATOWSKI DANIEL A.	Option exercise	2.1K	$333.94
2025-08-25	ULATOWSKI DANIEL A.	Sell	1.8K	$508.79
2025-08-25	ULATOWSKI DANIEL A.	Sell	355	$510.38
2025-08-22	ULATOWSKI DANIEL A.	Sell	1.4K	$507.17
2025-08-22	ULATOWSKI DANIEL A.	Sell	113	$508.35
2025-08-22	ULATOWSKI DANIEL A.	Option exercise	1.5K	$333.94
2025-07-02	Watson Jill Foss	Sell	886	$546.10
2025-07-02	Watson Jill Foss	Sell	857	$536.26
2025-07-02	Watson Jill Foss	Sell	3.3K	$537.34
2025-07-02	Watson Jill Foss	Sell	434	$538.63
2025-07-02	Watson Jill Foss	Sell	2.1K	$539.63
2025-07-02	Watson Jill Foss	Sell	7.7K	$540.45
2025-07-02	Watson Jill Foss	Sell	3.3K	$540.58
2025-07-02	Watson Jill Foss	Sell	1.3K	$541.34
2025-07-02	Watson Jill Foss	Sell	3	$543.19
2025-07-02	Watson Jill Foss	Sell	58	$542.14
2025-07-02	Prescott General Partners LLC	Other	42K	$509.43
2025-06-20	Rostami Andrew K	Sell	375	$505.29
2025-06-11	ULATOWSKI DANIEL A.	Option exercise	6.4K	$333.94
2025-06-11	ULATOWSKI DANIEL A.	Sell	238	$523.09
2025-06-11	ULATOWSKI DANIEL A.	Sell	6.1K	$522.12
2025-06-04	Hegde Vinayak	Grant	410	—
2025-06-04	Flanagan Glenda J	Grant	410	—
2025-06-04	VASSALLUZZO SCOTT J	Grant	410	—
2025-06-04	Quinn Sean Edward	Grant	410	—
2025-06-04	TRYFOROS THOMAS N	Grant	410	—
2025-05-12	Prescott General Partners LLC	Sell	4.2K	$499.84
2025-05-12	Prescott General Partners LLC	Sell	12K	$499.84
2025-05-12	Prescott General Partners LLC	Sell	845	$499.84
2025-05-08	Prescott General Partners LLC	Sell	6.7K	$494.92
2025-05-08	Prescott General Partners LLC	Sell	1.3K	$494.92
2025-05-08	Prescott General Partners LLC	Sell	19K	$494.92
2025-05-07	Prescott General Partners LLC	Sell	8.6K	$495.17
2025-05-07	Prescott General Partners LLC	Sell	23K	$495.17
2025-05-07	Prescott General Partners LLC	Sell	1.4K	$495.17
2025-04-18	Rostami Andrew K	Tax withheld	443	$472.19
2025-03-25	BUSK DOUGLAS W	Option exercise	3.0K	$333.94
2025-03-25	BUSK DOUGLAS W	Sell	3.0K	$515.97
2025-03-20	Elliott Nicholas J	Sell	300	$502.00
2025-01-23	Martin Jay D	Tax withheld	159	$524.14
2025-01-23	Elliott Nicholas J	Tax withheld	214	$524.14
2025-01-14	Booth Kenneth	Grant	57K	—

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-06-15	Material agreementDebt obligationOtherExhibits	filing ↗
2026-06-10	Shareholder vote	filing ↗
2026-06-10	Exec/director changeReg FDExhibits	filing ↗
2026-05-11	Material agreementDebt obligationOtherExhibits	filing ↗
2026-05-05	ResultsExhibits	filing ↗
2026-04-03	Reg FDExhibits	filing ↗
2026-01-29	ResultsExhibits	filing ↗
2026-01-26	Exec/director change	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-06-15	2026-06-09	0000885550-26-000147 ↗
8-K	2026-06-10	2026-06-10	0000885550-26-000129 ↗
8-K	2026-06-10	2026-06-05	0000885550-26-000130 ↗
8-K	2026-05-11	2026-05-05	0000885550-26-000098 ↗
10-Q	2026-05-05	2026-03-31	0000885550-26-000080 ↗
8-K	2026-05-05	2026-05-05	0000885550-26-000079 ↗
8-K	2026-04-03	2026-04-03	0000885550-26-000053 ↗
10-K	2026-02-13	2025-12-31	0000885550-26-000047 ↗
8-K	2026-01-29	2026-01-29	0000885550-26-000009 ↗
8-K	2026-01-26	2026-01-20	0000885550-26-000007 ↗
8-K	2026-01-20	2026-01-15	0000885550-26-000004 ↗
8-K	2025-11-19	2025-11-13	0000885550-25-000131 ↗