First Acceptance Corporation

First Acceptance Corporation

FACO
First Acceptance CorporationUS flagOther OTC
5.40
USD
+0.12
- -
199.26MMarket Cap
First Acceptance Corporation
FACO
(Other OTC)

Recent

price

5.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.65
4.37
5.58
5.88
6.42
8.09
9.48
8.42
7.84
7.06
6.94
7.48
8
12.8
14.67
13.71
13.91
Revenue per Share
0.15
-1.18
-0.22
0.22
0.68
-0.05
-0.71
-0.21
0.43
0.37
0.27
-0.03
-0.46
1.94
0.69
0.82
0.65
Basic EPS, GAAP
-0.06
-0.14
0.09
0.43
0.66
0.71
-0.33
0.22
0.17
-0.2
0.01
-0.21
-0.1
2.21
1.37
1.25
0.91
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.38
- -
- -
- -
- -
- -
Dividend per Share
-6.2
-7.35
-9.61
-9.37
-8.67
-8.71
-9.41
-9.57
-9.1
-8.7
-9.02
-9.59
-10.15
-8.13
-7.43
-6.85
-7.26
Book Value per Share
2.1
2
1.66
1.76
2.49
1.6
0.86
0.69
1.07
1.58
1.99
1.51
0.82
3.72
4.44
5.4
4.73
Tangible Book Value per Share
48
48
41
41
41
41
41
41
41
41
39
38
38
38
38
37
38
Basic Weighted Avg Shares
223
211
228
241
263
332
390
348
324
293
270
285
302
488
559
506
522
Sales/Revenue/Turnover
3.35
-26.85
-3.97
4.09
3.69
-0.77
-11.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
2
2
2
2
2
2
3
3
2
2
2
2
3
3
1
1
1
Depreciation Expense
7
-57
-9
9
28
-2
-29
-9
18
15
10
-1
-17
74
26
30
24
Net Income, GAAP
5.89
- -
- -
6.61
- -
- -
- -
230.64
21.62
22.11
23.62
- -
- -
25.37
21.33
21.53
19.55
Effective Tax Rate (%)
3.15
-26.94
-3.96
3.82
10.66
-0.58
-7.52
-2.48
5.47
5.25
3.86
-0.43
-5.79
15.16
4.7
5.97
4.66
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
41
41
40
40
40
70
70
70
70
60
53
52
55
46
45
46
45
LT Debt
177
122
73
77
107
104
72
65
80
101
112
93
66
142
170
200
178
Total Equity
3.36
- -
- -
7.97
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
-4.14
- -
- -
-3.11
- -
- -
- -
4.53
-6.84
-6.31
-4.09
- -
- -
-25.94
-11.71
-14.8
-11.42
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
41
41
41
LT Finance Leases
5
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
37
37
Market Capitalization
116
142
122

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
375
393
401
Accounts Receivable, Net
184
224
242
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
30
37
44
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.72%
21.52%
17.88%
Free Cash Flow
-485.16%
-838.33%
-11.26%
Net Income, GAAP
163.54%
128.04%
14.97%
Sales/Revenue/Turnover
6.06%
15.66%
-9.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
145
158
129
127
559
2025
125
141
100
- -
506
2026
118
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.15
0.14
- -
0.69
2025
0.08
0.21
- -
- -
0.82
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
First Acceptance Corporation operates as a holding company primarily engaged in the retailing, servicing, and underwriting of non-standard personal automobile insurance and related insurance products in the United States. The company markets its insurance through its Acceptance Insurance, Yale Insurance, and Insurance Plus brands, offering bad credit automobile insurance, motorcycle insurance, military motorcycle insurance, roadside assistance, renters insurance, pet insurance, life insurance, and additional products such as TeleMed, a subscription telemedicine service. It distributes its products via over 330 company-owned retail locations, call centers, and the internet, focusing on customers who may have difficulty obtaining coverage from standard carriers due to factors like payment preferences, coverage lapses, or driving records. First Acceptance operates mainly in Tennessee, Georgia, Alabama, Indiana, Mississippi, Missouri, and Ohio. Founded in 1969 and headquartered in Nashville, Tennessee, the company emphasizes providing flexible payment options and comprehensive coverage including auto, motorcycle, renters, and life insurance, along with services like roadside assistance and hospital indemnity insurance. In terms of recent changes, First Acceptance Corporation has maintained its focus on expanding and enhancing its product offerings and services, particularly through the addition of TeleMed to provide virtual medical consultations for non-emergency illnesses, illustrating a strategic move toward broadening its service portfolio beyond traditional insurance products. The company also announced the appointment of a new board member in late 2025, signaling ongoing governance strengthening. The company actively supports its retail and agent network to increase accessibility and customer service quality. It continues to expand its presence and product mix in multiple U.S. states while retaining its specialty in non-standard auto insurance markets. First Acceptance serves a diverse customer base across the U.S., specializing in non-standard personal automobile insurance through its wholly owned subsidiaries and branded retail channels, and places a strong emphasis on customer trust and service longevity. The company’s portfolio crosses multiple insurance lines focused on personal protection and coverage flexibility, supported by its significant retail footprint and digital channels. Its business segments include insurance operations and related services, catering to individuals who require non-standard insurance options with an emphasis on accessibility and tailored coverage solutions.

Company News

APIChatGPT
  • Pouch Insurance Launches Micro-Fleet Rideshare Program in Partnership With First Acceptance Corporation

  • First Acceptance Corporation Reports Operating Results for the Quarter Ended March 31, 2026

  • First Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2025

  • First Acceptance (OTCMKTS:FACO) Shares Down 2.4% – Should You Sell?

  • First Acceptance Corporation Announces Appointment of New Board Member

  • First Acceptance Corporation Reports Operating Results for the Three and Nine Months Ended September 30, 2025

  • First Acceptance Corporation Announces Appointment of Two New Board Members

  • First Acceptance Corporation Reports Operating Results for the Three and Six Months Ended June 30, 2025

  • AM Best Withdraws Credit Ratings of First Acceptance Corporation and Its Subsidiaries

  • First Acceptance Corporation Reports Operating Results for the Quarter Ended March 31, 2025

  • First Acceptance Corporation to Present at the OTCQX Best 50 Virtual Investor Conference on April 24th

  • AM Best Revises Long-Term Issuer Outlooks to Stable for First Acceptance Corporation and Its Subsidiaries

  • First Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2024

  • First Acceptance Corporation Named to 2025 OTCQX Best 50

  • First Acceptance Corporation Reports Operating Results for the Three and Nine Months Ended September 30, 2024

  • First Acceptance Corporation Reports Operating Results for the Three and Six Months Ended June 30, 2024

  • First Acceptance Corporation Announces Appointment of New Board Member

  • First Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2023

  • First Acceptance Corporation Named to 2024 OTCQX Best 50

  • First Acceptance Corporation Announces Sale of Retail Insurance Agency Operations to Alliant Insurance Services