NYSE : CAPL
CrossAmerica Partners LP — Financial statements
Energy · Oil & Gas Refining & Marketing · United States
Last price 22.73 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 867.68M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
CrossAmerica Partners LP (CAPL) reported revenue of 3.56B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.56B | 3.35B | 3.78B | 4.09B | 4.70B | 3.35B |
| Cost of Revenue | 3.14B | 2.94B | 3.38B | 3.71B | 4.32B | 3.07B |
| Gross Profit | 422.31M | 402.71M | 398.32M | 382.27M | 375.77M | 276.95M |
| Selling, General & Admin | 253.13M | 259.12M | 255.07M | 221.78M | 200.28M | 165.01M |
| Operating Expenses | 315.91M | 325.61M | 326.65M | 298.13M | 278.11M | 235.16M |
| Operating Income | 106.40M | 77.10M | 71.67M | 84.13M | 97.66M | 41.79M |
| Interest Expense | -44.82M | -48.14M | -52.32M | -43.74M | -32.10M | -18.24M |
| Other Non Operating Income (Expenses) | 680.00K | 577.00K | 780.00K | 790.00K | 504.00K | 544.00K |
| EBT Excluding Unusual Items | 62.26M | 29.53M | 20.13M | 41.18M | 66.07M | 24.09M |
| Merger & Restructuring Charges | -257.00K | -576.00K | -1.67M | |||
| Gain (Loss) on Sale of Assets | 18.03M | 44.23M | 4.97M | 4.74M | 1.14M | 2.04M |
| Asset Writedown | -11.00M | -23.10M | -4.40M | -800.00K | -2.80M | -7.70M |
| Pretax Income | 69.03M | 50.09M | 19.02M | 45.12M | 64.41M | 18.43M |
| Income Tax Expense | 13.78M | 8.25M | -3.43M | 2.52M | 714.00K | -3.23M |
| Earnings From Continuing Operations | 55.25M | 41.83M | 22.45M | 42.59M | 63.70M | 21.65M |
| Net Income | 55.25M | 41.83M | 22.45M | 42.59M | 63.70M | 21.65M |
| Preferred Dividends & Other Adjustments | 2.78M | 2.72M | 2.56M | 2.49M | 1.73M | |
| Net Income to Common | 52.47M | 39.11M | 19.89M | 40.10M | 61.97M | 21.65M |
| Shares Outstanding (Basic) | 38.13M | 38.10M | 38.03M | 37.96M | 37.92M | 37.88M |
| Shares Outstanding (Diluted) | 38.28M | 38.25M | 38.17M | 38.12M | 38.06M | 37.88M |
| EPS (Basic) | 1.38 | 1.03 | 0.52 | 1.06 | 1.63 | 0.57 |
| EPS (Diluted) | 1.36 | 1.02 | 0.52 | 1.05 | 1.63 | 0.57 |
| Free Cash Flow | 90.26M | 55.77M | 61.46M | 82.45M | 130.97M | 53.61M |
| Free Cash Flow Per Share | 2.36 | 1.46 | 1.61 | 2.16 | 3.44 | 1.42 |
| Dividend Per Share | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 |
| Gross Margin | 11.87% | 12.04% | 10.55% | 9.35% | 8.00% | 8.27% |
| Operating Margin | 2.99% | 2.30% | 1.90% | 2.06% | 2.08% | 1.25% |
| Profit Margin | 1.47% | 1.17% | 0.53% | 0.98% | 1.32% | 0.65% |
| Free Cash Flow Margin | 2.54% | 1.67% | 1.63% | 2.02% | 2.79% | 1.60% |
| EBITDA | 169.18M | 143.58M | 143.25M | 160.49M | 175.49M | 111.94M |
| EBITDA Margin | 4.75% | 4.29% | 3.79% | 3.92% | 3.74% | 3.34% |
| D&A For EBITDA | 62.78M | 66.49M | 71.58M | 76.36M | 77.83M | 70.15M |
| EBIT | 106.40M | 77.10M | 71.67M | 84.13M | 97.66M | 41.79M |
| EBIT Margin | 2.99% | 2.30% | 1.90% | 2.06% | 2.08% | 1.25% |
| Effective Tax Rate | 19.97% | 16.48% | 5.60% | 1.11% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.92M | 3.14M | 3.38M | 4.99M | 16.05M | 7.65M |
| Trading Asset Securities | 2.29M | 801.00K | 2.96M | 9.32M | 13.83M | 115.00K |
| Cash & Short-Term Investments | 7.21M | 3.94M | 6.34M | 14.31M | 29.88M | 7.76M |
| Receivables | 34.48M | 29.25M | 32.24M | 31.62M | 31.57M | 34.48M |
| Inventory | 63.44M | 59.61M | 63.17M | 52.34M | 47.31M | 46.10M |
| Other Current Assets | 17.62M | 18.28M | 17.09M | 10.24M | 9.65M | 17.97M |
| Total Current Assets | 122.76M | 111.08M | 118.83M | 108.52M | 118.41M | 106.31M |
| Property, Plant & Equipment | 680.94M | 669.32M | 792.73M | 853.53M | 893.32M | 924.79M |
| Long-Term Investments | 1.85M | 325.00K | 5.13M | 687.00K | 3.40M | 2.92M |
| Goodwill | 99.41M | 99.41M | 99.41M | 99.41M | 99.41M | 100.46M |
| Other Intangible Assets | 54.41M | 61.64M | 77.24M | 95.26M | 113.92M | 114.19M |
| Long-Term Deferred Tax Assets | 760.00K | 1.00M | 759.00K | 2.78M | ||
| Other Long-Term Assets | 22.61M | 22.20M | 20.38M | 23.51M | 26.14M | 21.47M |
| Total Assets | 981.99M | 964.73M | 1.11B | 1.18B | 1.26B | 1.27B |
| Accounts Payable | 79.42M | 65.05M | 75.42M | 70.47M | 78.45M | 68.75M |
| Accrued Expenses | 47.87M | 39.22M | 41.89M | 46.76M | 42.46M | 42.12M |
| Current Portion of Long-Term Debt | 184.00K | 697.00K | 3.27M | 3.08M | 11.15M | 10.94M |
| Current Portion of Leases | 34.36M | 38.18M | 35.06M | 34.79M | 35.34M | 34.83M |
| Current Income Taxes Payable | 5.65M | |||||
| Other Current Liabilities | 6.41M | 7.21M | 6.00M | 7.90M | 7.25M | |
| Total Current Liabilities | 161.83M | 155.22M | 162.85M | 161.10M | 175.30M | 163.89M |
| Long-Term Debt | 666.37M | 687.39M | 756.31M | 746.35M | 747.68M | 810.63M |
| Long-Term Leases | 129.89M | 92.46M | 114.23M | 129.79M | 149.17M | 140.15M |
| Long-Term Deferred Tax Liabilities | 7.48M | 7.41M | 7.42M | 12.92M | 13.37M | 12.34M |
| Other Long-Term Liabilities | 92.10M | 94.30M | 98.70M | 100.78M | 92.72M | 86.57M |
| Total Liabilities | 1.06B | 1.04B | 1.14B | 1.15B | 1.18B | 1.21B |
| Common Stock | -111.00M | -101.28M | -61.37M | -2.39M | 36.51M | 53.53M |
| Comprehensive Income & Other | 3.80M | -1.05M | 7.59M | 5.40M | 16.47M | 3.03M |
| Total Common Equity | -107.20M | -102.33M | -53.78M | 3.01M | 52.98M | 56.56M |
| Minority Interest | 31.52M | 30.29M | 28.99M | 27.74M | 26.16M | |
| Shareholders' Equity | -75.68M | -72.04M | -24.78M | 30.75M | 79.13M | 56.56M |
| Total Liabilities & Equity | 981.99M | 964.73M | 1.11B | 1.18B | 1.26B | 1.27B |
| Total Debt | 830.80M | 818.72M | 908.87M | 914.01M | 943.35M | 996.55M |
| Net Cash (Debt) | -823.59M | -814.78M | -902.53M | -899.70M | -913.47M | -988.79M |
| Net Cash Per Share | -21.52 | -21.30 | -23.64 | -23.60 | -24.00 | -26.10 |
| Filing Date Shares Outstanding | 38.17M | 38.14M | 38.06M | 37.98M | 37.94M | 37.90M |
| Total Common Shares Outstanding | 38.15M | 38.14M | 38.06M | 37.98M | 37.94M | 37.90M |
| Working Capital | -39.06M | -44.14M | -44.02M | -52.57M | -56.89M | -57.58M |
| Book Value Per Share | -2.81 | -2.68 | -1.41 | 0.08 | 1.40 | 1.49 |
| Tangible Book Value | -261.02M | -263.38M | -230.43M | -191.66M | -160.35M | -158.09M |
| Tangible Book Value Per Share | -6.84 | -6.91 | -6.05 | -5.05 | -4.23 | -4.17 |
| Land | 263.38M | 268.87M | 313.03M | 326.57M | 323.88M | 321.81M |
| Buildings | 306.29M | 330.15M | 360.47M | 365.53M | 360.54M | 358.33M |
| Machinery | 324.44M | 337.73M | 363.77M | 356.16M | 334.32M | 314.39M |
| Construction In Progress | 5.31M | 3.09M | 6.79M | 4.46M | 6.51M | 9.46M |
| Leasehold Improvements | 20.27M | 20.85M | 18.89M | 16.43M | 15.31M | 13.44M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 55.25M | 41.83M | 22.45M | 42.59M | 63.70M | 21.65M |
| Depreciation & Amortization | 62.78M | 66.49M | 71.58M | 76.36M | 77.83M | 70.15M |
| Other Amortization | 1.94M | 1.94M | 1.94M | 3.29M | 2.79M | 1.86M |
| Loss (Gain) From Sale of Assets | -18.03M | -44.23M | -4.97M | -4.74M | -1.14M | -2.04M |
| Asset Writedown & Restructuring Costs | 11.00M | 23.10M | 4.40M | 800.00K | 2.80M | 7.70M |
| Stock-Based Compensation | 1.65M | 1.85M | 1.51M | 3.03M | 2.29M | 1.31M |
| Provision & Write-off of Bad Debts | 24.00K | 157.00K | 40.00K | 232.00K | 253.00K | |
| Other Operating Activities | 3.37M | -161.00K | -6.15M | 1.57M | -1.75M | -3.76M |
| Change in Accounts Receivable | -1.96M | 2.83M | -837.00K | 430.00K | 1.25M | -5.55M |
| Change in Inventory | -4.58M | 1.74M | -2.67M | -5.04M | -873.00K | -10.31M |
| Change in Accounts Payable | 4.78M | -9.59M | -1.73M | -6.43M | 9.23M | 4.73M |
| Change in Other Net Operating Assets | -1.31M | 5.69M | 2.10M | 5.18M | 4.97M | 9.47M |
| Operating Cash Flow | 114.90M | 91.50M | 87.78M | 117.08M | 161.32M | 95.47M |
| Capital Expenditures | -24.64M | -35.73M | -26.32M | -34.63M | -30.35M | -41.86M |
| Sale of Property, Plant & Equipment | 47.54M | 104.05M | 35.37M | 6.23M | 13.34M | 15.36M |
| Cash Acquisitions | -1.80M | -29.59M | -272.98M | |||
| Other Investing Activities | 182.00K | 118.00K | -25.36M | 213.00K | 203.00K | 793.00K |
| Investing Cash Flow | 21.27M | 68.44M | -16.31M | -28.18M | -46.40M | -298.69M |
| Long-Term Debt Issued | 77.80M | 113.00M | 240.90M | 115.22M | 377.36M | |
| Long-Term Debt Repaid | -156.26M | -104.58M | -252.91M | -165.86M | -80.10M | |
| Net Debt Issued (Repaid) | -59.03M | -78.47M | 8.42M | -12.01M | -50.64M | 297.25M |
| Common Dividends Paid | -80.08M | -80.01M | -79.85M | -79.71M | -79.62M | -79.55M |
| Other Financing Activities | -1.87M | -1.71M | -1.65M | -8.25M | 23.75M | -7.34M |
| Financing Cash Flow | -140.97M | -160.18M | -73.08M | -99.97M | -106.51M | 210.36M |
| Net Cash Flow | -4.79M | -244.00K | -1.61M | -11.06M | 8.41M | 7.13M |
| Free Cash Flow | 90.26M | 55.77M | 61.46M | 82.45M | 130.97M | 53.61M |
| Free Cash Flow Margin | 2.54% | 1.67% | 1.63% | 2.02% | 2.79% | 1.60% |
| Free Cash Flow Per Share | 2.36 | 1.46 | 1.61 | 2.16 | 3.44 | 1.42 |
| Levered Free Cash Flow | 81.01M | 49.82M | 43.81M | 62.03M | 114.24M | 28.73M |
| Unlevered Free Cash Flow | 107.08M | 77.97M | 74.57M | 86.08M | 131.52M | 38.27M |
| Cash Interest Paid | 43.30M | 46.60M | 49.90M | 40.10M | 29.03M | 16.20M |
| Cash Income Tax Paid | 7.65M | 3.25M | 2.90M | -3.17M | 331.00K | |
| Change in Working Capital | -3.08M | 673.00K | -3.14M | -5.86M | 14.58M | -1.67M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 859.28M | 785.28M | 837.03M | 865.73M | 752.13M | 722.22M |
| Enterprise Value | 1.68B | 1.64B | 1.77B | 1.80B | 1.69B | 1.70B |
| Last Close Price | 22.51 | 19.16 | 18.62 | 17.52 | 13.83 | 12.03 |
| PE Ratio | 16.55 | 20.08 | 42.08 | 21.59 | 12.14 | 33.35 |
| Forward PE | 21.24 | 62.42 | 104.76 | 23.75 | 21.79 | 17.57 |
| PS Ratio | 0.24 | 0.23 | 0.22 | 0.21 | 0.16 | 0.22 |
| PB Ratio | -10.90 | -33.77 | 28.15 | 9.51 | 12.77 | |
| P/FCF Ratio | 9.52 | 14.08 | 13.62 | 10.50 | 5.74 | 13.47 |
| P/OCF Ratio | 7.48 | 8.58 | 9.54 | 7.39 | 4.66 | 7.57 |
| PEG Ratio | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | |
| EV/Sales Ratio | 0.47 | 0.49 | 0.47 | 0.44 | 0.36 | 0.51 |
| EV/EBITDA Ratio | 9.95 | 11.45 | 12.39 | 11.20 | 9.65 | 15.15 |
| EV/EBIT Ratio | 15.82 | 21.32 | 24.76 | 21.36 | 17.34 | 40.59 |
| EV/FCF Ratio | 18.64 | 29.47 | 28.87 | 21.79 | 12.93 | 31.64 |
| Debt / Equity Ratio | -10.98 | -11.37 | -36.67 | 29.72 | 11.92 | 17.62 |
| Debt / EBITDA Ratio | 4.71 | 5.35 | 6.01 | 5.57 | 5.25 | 8.59 |
| Debt / FCF Ratio | 9.21 | 14.68 | 14.79 | 11.09 | 7.20 | 18.59 |
| Net Debt / Equity Ratio | -10.88 | -11.31 | -36.42 | 29.26 | 11.54 | 17.48 |
| Net Debt / EBITDA Ratio | 4.87 | 5.67 | 6.30 | 5.61 | 5.21 | 8.83 |
| Net Debt / FCF Ratio | 9.12 | 14.61 | 14.68 | 10.91 | 6.97 | 18.45 |
| Asset Turnover | 3.54 | 3.22 | 3.29 | 3.35 | 3.72 | 2.93 |
| Inventory Turnover | 51.20 | 47.94 | 58.49 | 74.42 | 92.52 | 88.64 |
| Quick Ratio | 0.26 | 0.21 | 0.24 | 0.28 | 0.35 | 0.26 |
| Current Ratio | 0.76 | 0.72 | 0.73 | 0.67 | 0.68 | 0.65 |
| Return on Equity (ROE) | 752.45% | 77.52% | 93.88% | 26.05% | ||
| Return on Assets (ROA) | 6.62% | 4.63% | 3.90% | 4.31% | 4.83% | 2.29% |
| Return on Invested Capital (ROIC) | 10.29% | 7.31% | 7.61% | 8.26% | 9.48% | 4.49% |
| Return on Capital Employed (ROCE) | 13.00% | 9.50% | 7.50% | 8.20% | 9.00% | 3.80% |
| Earnings Yield | 6.04% | 5.33% | 2.68% | 4.92% | 8.47% | 3.00% |
| FCF Yield | 10.50% | 7.10% | 7.34% | 9.52% | 17.41% | 7.42% |
| Dividend Yield | 9.33% | 10.20% | 9.55% | 9.21% | 10.59% | 11.02% |
| Payout Ratio | 154.38% | 191.25% | 355.65% | 187.15% | 125.01% | 367.38% |
| Buyback Yield / Dilution | 0.06% | -0.20% | -0.14% | -0.16% | -0.46% | -1.38% |
| Total Shareholder Return | 9.39% | 10.00% | 9.41% | 9.06% | 10.13% | 9.64% |