---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-25-000009"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T06:14:04.273361+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance Q4 2024: GAAP net income $151.9M ($12.26 EPS); adjusted EPS $10.17; unit volume growth slows to 0.3%

## Summary
- GAAP net income $151.9M vs $93.6M YoY; diluted EPS $12.26 vs $7.29.
- Adjusted net income $126.0M ($10.17/diluted share) vs $129.1M ($10.06) YoY.
- Consumer loan assignment unit volume grew only 0.3% YoY vs 26.7% in Q4 2023.
- Initial spread increased to 22.4% from 21.7%; average cost of debt rose to 7.2% from 6.3%.
- Repurchased ~590,000 shares (4.7% of outstanding) since Q4 2023.

## SEC filing metadata
- accession: 0000885550-25-000009
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555025000009/0000885550-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555025000009/cacc-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-25-000009
- JSON: https://secwatch.observer/filing/0000885550-25-000009.json
- Plain text: https://secwatch.observer/filing/0000885550-25-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.