Credit Acceptance Return On Tangible Equity 2010-2025 | CACC
- Credit Acceptance average return on tangible equity for 2024 was 13.03, a 335.62% increase from 2023.
- Credit Acceptance average return on tangible equity for 2023 was -5.53, a 116.88% decline from 2022.
- Credit Acceptance average return on tangible equity for 2022 was 32.77, a 15.28% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.