Credit Acceptance
CACC
#2573
Rank
โ‚ฌ5.07 B
Marketcap
418,90ย โ‚ฌ
Share price
3.13%
Change (1 day)
-9.11%
Change (1 year)

Operating Margin for Credit Acceptance (CACC)

Operating Margin as of September 2024 (TTM): 12.28%

According to Credit Acceptance 's latest financial reports and stock price the company's current Operating Margin is 12.28%. At the end of 2023 the company had an Operating Margin of 19.56%.

Operating Margin history for Credit Acceptance from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.56%-49.91%
202239.04%-42.69%
202168.12%106.44%
202033.00%-42.96%
201957.85%-1.93%
201858.99%11.88%
201752.73%-4.19%
201655.04%-4.47%
201557.61%-1.17%
201458.30%-0.61%
201358.65%4.02%
201256.38%-0.43%
201156.63%-1.6%
201057.55%-4.9%
200960.51%73.75%
200834.83%-2.61%
200735.76%-15.41%
200642.28%-22.57%
200554.60%3.94%
200452.53%76.08%
200329.83%-5.23%
200231.48%13.91%
200127.63%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.15%-33.63%๐Ÿ‡บ๐Ÿ‡ธ 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.