Credit Acceptance
CACC
$470.17
Share price
-0.66%
Change (1 day)
-13.83%
Change (1 year)
Categories
Operating Margin for Credit Acceptance (CACC)
Operating Margin as of September 2023 (TTM): 24.85%
According to Credit Acceptance 's latest financial reports and stock price the company's current Operating Margin is 24.85%. At the end of 2022 the company had an Operating Margin of 40.69%.
Operating Margin history for Credit Acceptance from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 40.69% | -41.82% |
| 2021 | 69.94% | 106.15% |
| 2020 | 33.93% | -43.7% |
| 2019 | 60.26% | -2.37% |
| 2018 | 61.72% | 11.28% |
| 2017 | 55.46% | -4.22% |
| 2016 | 57.91% | -4.97% |
| 2015 | 60.93% | -1.16% |
| 2014 | 61.65% | -0.62% |
| 2013 | 62.03% | 5.83% |
| 2012 | 58.62% | -0.99% |
| 2011 | 59.21% | -1.74% |
| 2010 | 60.25% | -4.49% |
| 2009 | 63.09% | 71.43% |
| 2008 | 36.80% | 5.21% |
| 2007 | 34.98% | -18.6% |
| 2006 | 42.97% | -20.19% |
| 2005 | 53.84% | 8.26% |
| 2004 | 49.73% | 66.71% |
| 2003 | 29.83% | -5.23% |
| 2002 | 31.48% | -4.19% |
| 2001 | 32.85% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Santander Consumer USA
SC | N/A | N/A | 🇺🇸 USA |
 CIT Group CIT | N/A | N/A | 🇺🇸 USA |
 Ally
ALLY | 17.77% | -28.49% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.