• 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.
• Credit Acceptance average return on tangible equity for 2021 was 38.68, a 114.06% decline from 2020.

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.