ACV Auctions vs Cass Information Systems
ACV Auctions is the larger business, with $760m of revenue in fiscal 2025 against $191m for Cass Information Systems (4.0 times as much). ACV Auctions grew faster (19.2% against 5.3%). Cass Information Systems kept more of each dollar of sales as profit: a net margin of 18.4% against -8.7%.
| Latest fiscal year | ACV AuctionsACVA, 2025 | Cass Information SystemsCASS, 2025 |
|---|---|---|
| Revenue | $760m | $191m |
| Revenue growth | 19.2% | 5.3% |
| Net income | −$66.1m | $35.1m |
| Operating margin | -8.3% | — |
| Net margin | -8.7% | 18.4% |
| Return on equity | -15.2% | 14.9% |
| Free cash flow | $69.1m | $31.8m |
| Cash | $271m | $392m |
| Total debt | $190m | $0 |
| Debt to equity | 44.2% | — |
| Dividend per share | — | $1.25 |
| Dividend yield | — | 2.4% |
| Share buybacks | — | $26.0m |
| Employees | — | — |
| Market value | — | $693m |
| Price vs our value range | — | Below our value range |
| Moat score | 19 (Weak) | 54 (Moderate) |
| Insider trades, 12 months | 9 buys, 3 sales | 0 buys, 0 sales |