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Atlanticus vs Credit Acceptance: revenue, profit, margins and growth compared

Atlanticus brought in $2B of revenue in fiscal 2025, Credit Acceptance $2.3B in fiscal 2025. Revenue changed by +50.1% at Atlanticus and +7.2% at Credit Acceptance on the year before, so Atlanticus grew faster. Atlanticus kept 6.2% of its revenue as net profit, Credit Acceptance 18.3%.

Side by side, latest fiscal year

ATLCCACC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2B$2.3B
Revenue growth+50.1%+7.2%
Net income$122.2M$423.9M
Net margin6.2%18.3%
Free cash flown/a$1.1B
Free cash flow marginn/a45.4%
Earnings per share (diluted)$5.96$36.38
Cash$621.1M$22.8M
Debtn/an/a
Price to earnings15.515.3
Market value$1.4B$5.8B
Dividend yieldn/an/a
Rank by revenue in sector#147 of 444 · Finance#135 of 444 · Finance

Over the years

Revenue
ATLC FY2018: $5.6MATLC FY2019: $455.2MATLC FY2020: $563.4MATLC FY2021: $748.1MATLC FY2022: $1BATLC FY2023: $1.2BATLC FY2024: $1.3BATLC FY2025: $2BCACC FY2018: $1.3BCACC FY2019: $1.5BCACC FY2020: $1.7BCACC FY2021: $1.9BCACC FY2022: $1.8BCACC FY2023: $1.9BCACC FY2024: $2.2BCACC FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25
ATLC $2BCACC $2.3B
Net income
ATLC FY2018: $7.9MATLC FY2019: $26.4MATLC FY2020: $94.1MATLC FY2021: $177.9MATLC FY2022: $135.6MATLC FY2023: $102.8MATLC FY2024: $111.3MATLC FY2025: $122.2MCACC FY2018: $574MCACC FY2019: $656.1MCACC FY2020: $421MCACC FY2021: $958.3MCACC FY2022: $535.8MCACC FY2023: $286.1MCACC FY2024: $247.9MCACC FY2025: $423.9MFY18FY19FY20FY21FY22FY23FY24FY25
ATLC $122.2MCACC $423.9M
Net margin
ATLC FY2018: 141.4%ATLC FY2019: 5.8%ATLC FY2020: 16.7%ATLC FY2021: 23.8%ATLC FY2022: 13.0%ATLC FY2023: 8.9%ATLC FY2024: 8.5%ATLC FY2025: 6.2%CACC FY2018: 44.6%CACC FY2019: 44.1%CACC FY2020: 25.2%CACC FY2021: 51.6%CACC FY2022: 29.2%CACC FY2023: 15.0%CACC FY2024: 11.5%CACC FY2025: 18.3%FY18FY19FY20FY21FY22FY23FY24FY25
ATLC 6.2%CACC 18.3%
Revenue growth
ATLC FY2019: +8,092.9%ATLC FY2020: +23.8%ATLC FY2021: +32.8%ATLC FY2022: +40.0%ATLC FY2023: +10.4%ATLC FY2024: +13.5%ATLC FY2025: +50.1%CACC FY2019: +15.8%CACC FY2020: +12.1%CACC FY2021: +11.2%CACC FY2022: -1.3%CACC FY2023: +3.8%CACC FY2024: +13.7%CACC FY2025: +7.2%FY19FY20FY21FY22FY23FY24FY25
ATLC +50.1%CACC +7.2%
Free cash flow
ATLC FY2018: $41.5MATLC FY2019: $99.7MATLC FY2020: $212MCACC FY2018: $678.8MCACC FY2019: $785.5MCACC FY2020: $976.7MCACC FY2021: $1.1BCACC FY2022: $1.2BCACC FY2023: $1.2BCACC FY2024: $1.1BCACC FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
ATLC $212MCACC $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Atlanticus and Credit Acceptance

Which is bigger by revenue, Atlanticus or Credit Acceptance?

Credit Acceptance is bigger by revenue: $2.3B in fiscal 2025, against $2B for Atlanticus in fiscal 2025.

Which keeps more of its revenue as profit, Atlanticus or Credit Acceptance?

Atlanticus had a net margin of 6.2% in fiscal 2025; Credit Acceptance had 18.3% in fiscal 2025.

Which grew revenue faster, Atlanticus or Credit Acceptance?

In their latest fiscal years revenue changed by +50.1% at Atlanticus and +7.2% at Credit Acceptance.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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