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CREDIT ACCEPTANCE CORP（CACC）与WORLD ACCEPTANCE CORP（WRLD）财务数据对比。点击上方公司名可切换其他公司
CREDIT ACCEPTANCE CORP的季度营收约是WORLD ACCEPTANCE CORP的4.1倍（$579.9M vs $141.3M）。CREDIT ACCEPTANCE CORP净利率更高（21.0% vs -0.6%，领先21.7%）。CREDIT ACCEPTANCE CORP同比增速更快（2.5% vs 1.9%）。CREDIT ACCEPTANCE CORP自由现金流更多（$268.9M vs $57.2M）。过去两年CREDIT ACCEPTANCE CORP的营收复合增速更高（6.8% vs -5.8%）
Credit Acceptance是一家汽车金融服务提供商，主要提供汽车贷款及相关金融产品。公司通过覆盖全国的合作汽车经销商网络开展业务，设有“投资组合计划”和“采购计划”两大业务项目，可向汽车经销商提供资金，以此换取对应消费者贷款的后续服务权利。
本公司是一家汽车金融企业，主营汽车贷款及相关金融产品，业务通过全国合作经销商网络开展。目前公司运营两大核心业务项目，分别为投资组合项目与收购项目，通过这两个项目，公司可向汽车经销商预先提供资金，以此获得底层消费贷款的服务权等相关权益。
CACC vs WRLD — 直观对比
营收规模更大
CACC
是对方的4.1倍
$141.3M
营收增速更快
CACC
高出0.6%
1.9%
净利率更高
CACC
高出21.7%
-0.6%
自由现金流更多
CACC
多$211.7M
$57.2M
两年增速更快
CACC
近两年复合增速
-5.8%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $579.9M | $141.3M |
| 净利润 | $122.0M | $-911.3K |
| 毛利率 | — | — |
| 营业利润率 | 27.1% | -0.7% |
| 净利率 | 21.0% | -0.6% |
| 营收同比 | 2.5% | 1.9% |
| 净利润同比 | -19.7% | -106.8% |
| 每股收益（稀释后） | $10.87 | $-0.19 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CACCWRLD
| Q4 25 | $579.9M | $141.3M | ||
| Q3 25 | $582.4M | $134.5M | ||
| Q2 25 | $583.8M | $132.5M | ||
| Q1 25 | $571.1M | $165.3M | ||
| Q4 24 | $565.9M | $138.6M | ||
| Q3 24 | $550.3M | $131.4M | ||
| Q2 24 | $538.2M | $129.5M | ||
| Q1 24 | $508.0M | $159.3M |
净利润CACCWRLD
| Q4 25 | $122.0M | $-911.3K | ||
| Q3 25 | $108.2M | $-1.9M | ||
| Q2 25 | $87.4M | $1.3M | ||
| Q1 25 | $106.3M | $44.3M | ||
| Q4 24 | $151.9M | $13.4M | ||
| Q3 24 | $78.8M | $22.1M | ||
| Q2 24 | $-47.1M | $9.9M | ||
| Q1 24 | $64.3M | $35.1M |
营业利润率CACCWRLD
| Q4 25 | 27.1% | -0.7% | ||
| Q3 25 | 25.6% | -1.3% | ||
| Q2 25 | 20.2% | 1.5% | ||
| Q1 25 | 24.8% | 33.3% | ||
| Q4 24 | 33.9% | 11.6% | ||
| Q3 24 | 19.4% | 21.3% | ||
| Q2 24 | -10.3% | 10.0% | ||
| Q1 24 | 17.0% | 29.3% |
净利率CACCWRLD
| Q4 25 | 21.0% | -0.6% | ||
| Q3 25 | 18.6% | -1.4% | ||
| Q2 25 | 15.0% | 1.0% | ||
| Q1 25 | 18.6% | 26.8% | ||
| Q4 24 | 26.8% | 9.7% | ||
| Q3 24 | 14.3% | 16.8% | ||
| Q2 24 | -8.8% | 7.7% | ||
| Q1 24 | 12.7% | 22.0% |
每股收益（稀释后）CACCWRLD
| Q4 25 | $10.87 | $-0.19 | ||
| Q3 25 | $9.43 | $-0.38 | ||
| Q2 25 | $7.42 | $0.25 | ||
| Q1 25 | $8.66 | $8.07 | ||
| Q4 24 | $12.28 | $2.45 | ||
| Q3 24 | $6.35 | $3.99 | ||
| Q2 24 | $-3.83 | $1.79 | ||
| Q1 24 | $5.08 | $6.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $22.8M | $10.0M |
| 总债务越低越好 | — | $677.2M |
| 股东权益账面价值 | $1.5B | $351.6M |
| 总资产 | $8.6B | $1.1B |
| 负债/权益比越低杠杆越低 | — | 1.93× |
8季度趋势，按日历期对齐
现金及短期投资CACCWRLD
| Q4 25 | $22.8M | $10.0M | ||
| Q3 25 | $15.9M | $14.9M | ||
| Q2 25 | $70.0M | $8.1M | ||
| Q1 25 | $528.8M | $4.7M | ||
| Q4 24 | $343.7M | $10.3M | ||
| Q3 24 | $159.7M | $9.7M | ||
| Q2 24 | $8.3M | $11.1M | ||
| Q1 24 | $8.4M | $5.2M |
总债务CACCWRLD
| Q4 25 | — | $677.2M | ||
| Q3 25 | — | $584.6M | ||
| Q2 25 | — | $472.5M | ||
| Q1 25 | — | $447.9M | ||
| Q4 24 | — | $561.2M | ||
| Q3 24 | — | $506.6M | ||
| Q2 24 | — | $494.7M | ||
| Q1 24 | — | $498.4M |
股东权益CACCWRLD
| Q4 25 | $1.5B | $351.6M | ||
| Q3 25 | $1.6B | $365.6M | ||
| Q2 25 | $1.6B | $427.9M | ||
| Q1 25 | $1.7B | $439.5M | ||
| Q4 24 | $1.7B | $428.2M | ||
| Q3 24 | $1.6B | $417.5M | ||
| Q2 24 | $1.6B | $422.6M | ||
| Q1 24 | $1.7B | $424.4M |
总资产CACCWRLD
| Q4 25 | $8.6B | $1.1B | ||
| Q3 25 | $8.6B | $1.1B | ||
| Q2 25 | $8.7B | $1.0B | ||
| Q1 25 | $9.3B | $1.0B | ||
| Q4 24 | $8.9B | $1.1B | ||
| Q3 24 | $8.7B | $1.0B | ||
| Q2 24 | $8.3B | $1.0B | ||
| Q1 24 | $8.1B | $1.1B |
负债/权益比CACCWRLD
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.21× | ||
| Q2 24 | — | 1.17× | ||
| Q1 24 | — | 1.17× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $269.3M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $268.9M | $57.2M |
| 自由现金流率自由现金流/营收 | 46.4% | 40.5% |
| 资本支出强度资本支出/营收 | 0.1% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.21× | — |
| 过去12个月自由现金流最近4个季度 | $1.1B | $252.0M |
8季度趋势，按日历期对齐
经营现金流CACCWRLD
| Q4 25 | $269.3M | $58.0M | ||
| Q3 25 | $299.4M | $48.6M | ||
| Q2 25 | $139.7M | $58.2M | ||
| Q1 25 | $346.2M | $90.9M | ||
| Q4 24 | $306.2M | $61.1M | ||
| Q3 24 | $317.7M | $53.8M | ||
| Q2 24 | $204.0M | $48.4M | ||
| Q1 24 | $310.0M | $83.8M |
自由现金流CACCWRLD
| Q4 25 | $268.9M | $57.2M | ||
| Q3 25 | $298.8M | $47.7M | ||
| Q2 25 | $139.4M | $57.1M | ||
| Q1 25 | $345.9M | $90.0M | ||
| Q4 24 | $305.5M | $60.4M | ||
| Q3 24 | $317.3M | $52.7M | ||
| Q2 24 | $203.6M | $47.3M | ||
| Q1 24 | $309.7M | $82.3M |
自由现金流率CACCWRLD
| Q4 25 | 46.4% | 40.5% | ||
| Q3 25 | 51.3% | 35.5% | ||
| Q2 25 | 23.9% | 43.1% | ||
| Q1 25 | 60.6% | 54.5% | ||
| Q4 24 | 54.0% | 43.6% | ||
| Q3 24 | 57.7% | 40.1% | ||
| Q2 24 | 37.8% | 36.5% | ||
| Q1 24 | 61.0% | 51.7% |
资本支出强度CACCWRLD
| Q4 25 | 0.1% | 0.6% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.1% | 0.8% | ||
| Q1 25 | 0.1% | 0.5% | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.1% | 0.8% | ||
| Q2 24 | 0.1% | 0.8% | ||
| Q1 24 | 0.1% | 1.0% |
现金转化率CACCWRLD
| Q4 25 | 2.21× | — | ||
| Q3 25 | 2.77× | — | ||
| Q2 25 | 1.60× | 43.27× | ||
| Q1 25 | 3.26× | 2.05× | ||
| Q4 24 | 2.02× | 4.56× | ||
| Q3 24 | 4.03× | 2.43× | ||
| Q2 24 | — | 4.87× | ||
| Q1 24 | 4.82× | 2.39× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
