vs
Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and CREDIT ACCEPTANCE CORP (CACC). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $579.9M, roughly 1.7× CREDIT ACCEPTANCE CORP). On growth, BREAD FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (5.4% vs 2.5%). Over the past eight quarters, CREDIT ACCEPTANCE CORP's revenue compounded faster (6.8% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans a...
BFH vs CACC — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $579.9M |
| Net Profit | — | $122.0M |
| Gross Margin | — | — |
| Operating Margin | 4.9% | 27.1% |
| Net Margin | — | 21.0% |
| Revenue YoY | 5.4% | 2.5% |
| Net Profit YoY | — | -19.7% |
| EPS (diluted) | $1.21 | $10.87 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $975.0M | $579.9M | ||
| Q3 25 | $971.0M | $582.4M | ||
| Q2 25 | $929.0M | $583.8M | ||
| Q1 25 | $970.0M | $571.1M | ||
| Q4 24 | $925.0M | $565.9M | ||
| Q3 24 | $983.0M | $550.3M | ||
| Q2 24 | $939.0M | $538.2M | ||
| Q1 24 | $991.0M | $508.0M |
| Q4 25 | — | $122.0M | ||
| Q3 25 | $188.0M | $108.2M | ||
| Q2 25 | $139.0M | $87.4M | ||
| Q1 25 | $138.0M | $106.3M | ||
| Q4 24 | — | $151.9M | ||
| Q3 24 | $2.0M | $78.8M | ||
| Q2 24 | $133.0M | $-47.1M | ||
| Q1 24 | $134.0M | $64.3M |
| Q4 25 | 4.9% | 27.1% | ||
| Q3 25 | 20.2% | 25.6% | ||
| Q2 25 | 18.7% | 20.2% | ||
| Q1 25 | 20.3% | 24.8% | ||
| Q4 24 | -2.9% | 33.9% | ||
| Q3 24 | 4.1% | 19.4% | ||
| Q2 24 | 19.2% | -10.3% | ||
| Q1 24 | 19.0% | 17.0% |
| Q4 25 | — | 21.0% | ||
| Q3 25 | 19.4% | 18.6% | ||
| Q2 25 | 15.0% | 15.0% | ||
| Q1 25 | 14.2% | 18.6% | ||
| Q4 24 | — | 26.8% | ||
| Q3 24 | 0.2% | 14.3% | ||
| Q2 24 | 14.2% | -8.8% | ||
| Q1 24 | 13.5% | 12.7% |
| Q4 25 | $1.21 | $10.87 | ||
| Q3 25 | $3.96 | $9.43 | ||
| Q2 25 | $2.94 | $7.42 | ||
| Q1 25 | $2.78 | $8.66 | ||
| Q4 24 | $0.08 | $12.28 | ||
| Q3 24 | $0.05 | $6.35 | ||
| Q2 24 | $2.66 | $-3.83 | ||
| Q1 24 | $2.70 | $5.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $22.8M |
| Total DebtLower is stronger | $4.3B | — |
| Stockholders' EquityBook value | $3.3B | $1.5B |
| Total Assets | $22.7B | $8.6B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.6B | $22.8M | ||
| Q3 25 | $3.8B | $15.9M | ||
| Q2 25 | $3.8B | $70.0M | ||
| Q1 25 | $4.2B | $528.8M | ||
| Q4 24 | $4.0B | $343.7M | ||
| Q3 24 | $3.5B | $159.7M | ||
| Q2 24 | $4.1B | $8.3M | ||
| Q1 24 | $3.8B | $8.4M |
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.3B | $1.5B | ||
| Q3 25 | $3.3B | $1.6B | ||
| Q2 25 | $3.2B | $1.6B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $3.2B | $1.6B | ||
| Q1 24 | $3.0B | $1.7B |
| Q4 25 | $22.7B | $8.6B | ||
| Q3 25 | $21.7B | $8.6B | ||
| Q2 25 | $21.8B | $8.7B | ||
| Q1 25 | $22.4B | $9.3B | ||
| Q4 24 | $22.9B | $8.9B | ||
| Q3 24 | $21.7B | $8.7B | ||
| Q2 24 | $22.1B | $8.3B | ||
| Q1 24 | $22.3B | $8.1B |
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $269.3M |
| Free Cash FlowOCF − Capex | — | $268.9M |
| FCF MarginFCF / Revenue | — | 46.4% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 2.21× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | $269.3M | ||
| Q3 25 | $605.0M | $299.4M | ||
| Q2 25 | $526.0M | $139.7M | ||
| Q1 25 | $393.0M | $346.2M | ||
| Q4 24 | $479.0M | $306.2M | ||
| Q3 24 | $456.0M | $317.7M | ||
| Q2 24 | $477.0M | $204.0M | ||
| Q1 24 | $447.0M | $310.0M |
| Q4 25 | — | $268.9M | ||
| Q3 25 | — | $298.8M | ||
| Q2 25 | — | $139.4M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $305.5M | ||
| Q3 24 | — | $317.3M | ||
| Q2 24 | — | $203.6M | ||
| Q1 24 | — | $309.7M |
| Q4 25 | — | 46.4% | ||
| Q3 25 | — | 51.3% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 54.0% | ||
| Q3 24 | — | 57.7% | ||
| Q2 24 | — | 37.8% | ||
| Q1 24 | — | 61.0% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | — | 2.21× | ||
| Q3 25 | 3.22× | 2.77× | ||
| Q2 25 | 3.78× | 1.60× | ||
| Q1 25 | 2.85× | 3.26× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | 228.00× | 4.03× | ||
| Q2 24 | 3.59× | — | ||
| Q1 24 | 3.34× | 4.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
