CrossAmerica Partners LP logo

CrossAmerica Partners LP

CAPL

NYSEEnergyOil & Gas Refining & Marketing

Previous close

$23.84

−$0.16 · -0.67%

Aug 21, 4:00 PM ET

Pre-market

$23.75

−$0.09 · -0.38%

Aug 24, 7:00 AM ET

CAPL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

82

Deep Value

Momentum

43

Neutral

Sentiment

57

Mixed

Risk resilience

78

Moderate Risk

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Company profile

Company website

CrossAmerica Partners LP primarily operates in the United States, focusing on three main areas: the bulk supply of motor fuels, the management of convenience stores, and the acquisition and leasing of properties vital for retail fuel sales. The entity's business is structured into two distinct segments: Wholesale and Retail. Its Wholesale division is responsible for distributing motor fuels in large quantities to a varied network, including dealers who lease from them, independent operators, agents working on commission, and their own operated retail locations. In contrast, the Retail segment concentrates on the direct sale of convenience merchandise and motor fuels to consumers at both company-owned and commission agent-managed sites. As of December 31, 2021, the company's wholesale fuel distribution network encompassed approximately 1,750 sites spread across 34 states. Additionally, its real estate holdings, through ownership or lease agreements, amounted to roughly 1,150 locations. CrossAmerica GP LLC acts as the general partner for the organization. The company, originally established in 1992, was initially known as Lehigh Gas Partners LP before officially changing its name to CrossAmerica Partners LP in October 2014. Its corporate headquarters are situated in Allentown, Pennsylvania.

Industry
Oil & Gas Refining & Marketing
Sector
Energy
Headquarters
US
CEO
Maura E. Topper
Listed since
Oct 25, 2012
Employees
3,047

Market position

Day range

Current $23.84

52-week range

Current $23.84

Open
$23.80
Previous close
$24.00
Volume
35.05K
0.77× average
Average volume
45.54K
Average daily volume
Market cap
909.6M USD
Beta
0.28
Market reference 1
50-day average
$22.3636
+6.60% above average
200-day average
$21.656
+10.08% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.69B USD
EV / EBITDA
Earnings yield
5.33%
Free cash flow yield
7.11%

Profitability & efficiency

Return on equity
-58.07%
Return on assets
4.34%
Return on invested capital
20.32%

Financial health

Current ratio
0.72×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends11%7%3%-0%Gross margin, FY2021: 7.74%Gross margin, FY2022: 7.56%Gross margin, FY2023: 8.72%Gross margin, FY2024: 9.72%Gross margin, FY2025: 9.18%Operating margin, FY2021: 1.01%Operating margin, FY2022: 1.93%Operating margin, FY2023: 2.01%Operating margin, FY2024: 1.72%Operating margin, FY2025: 5.63%Net margin, FY2021: 0.60%Net margin, FY2022: 1.25%Net margin, FY2023: 0.91%Net margin, FY2024: 0.49%Net margin, FY2025: 1.14%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.74%. Gross margin FY2022 7.56%. Gross margin FY2023 8.72%. Gross margin FY2024 9.72%. Gross margin FY2025 9.18%. Operating margin FY2021 1.01%. Operating margin FY2022 1.93%. Operating margin FY2023 2.01%. Operating margin FY2024 1.72%. Operating margin FY2025 5.63%. Net margin FY2021 0.60%. Net margin FY2022 1.25%. Net margin FY2023 0.91%. Net margin FY2024 0.49%. Net margin FY2025 1.14%.

Income trends

Revenue

3.66B USD-10.63%

Operating income

206.22M USD+192.26%

Net income

41.83M USD+110.30%
Income trends across reported periods5.46B USD3.48B USD1.5B USD−474.86M USDRevenue, FY2021: 3.58B USDRevenue, FY2022: 4.97B USDRevenue, FY2023: 4.39B USDRevenue, FY2024: 4.1B USDRevenue, FY2025: 3.66B USDOperating income, FY2021: 36.13M USDOperating income, FY2022: 96.01M USDOperating income, FY2023: 88.07M USDOperating income, FY2024: 70.56M USDOperating income, FY2025: 206.22M USDNet income, FY2021: 21.65M USDNet income, FY2022: 61.97M USDNet income, FY2023: 40.1M USDNet income, FY2024: 19.89M USDNet income, FY2025: 41.83M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.58B USD. Revenue FY2022 4.97B USD. Revenue FY2023 4.39B USD. Revenue FY2024 4.1B USD. Revenue FY2025 3.66B USD. Operating income FY2021 36.13M USD. Operating income FY2022 96.01M USD. Operating income FY2023 88.07M USD. Operating income FY2024 70.56M USD. Operating income FY2025 206.22M USD. Net income FY2021 21.65M USD. Net income FY2022 61.97M USD. Net income FY2023 40.1M USD. Net income FY2024 19.89M USD. Net income FY2025 41.83M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.66B USD4.1B USD4.39B USD4.97B USD3.58B USD
Cost of goods sold3.33B USD3.7B USD4B USD4.59B USD3.3B USD
Gross profit336.22M USD398.32M USD382.27M USD375.77M USD276.95M USD
Selling, general, and administrative27.99M USD46.2M USD42.49M USD40.83M USD44.46M USD
Operating expenses130M USD327.76M USD294.2M USD279.77M USD240.82M USD
Interest expense48.14M USD52.32M USD43.74M USD32.1M USD18.24M USD
Depreciation and amortization89.59M USD75.98M USD77.16M USD80.63M USD77.85M USD
Operating income206.22M USD70.56M USD88.07M USD96.01M USD36.13M USD
Net income41.83M USD19.89M USD40.1M USD61.97M USD21.65M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
-197.09%
11 comparable reports
Latest EPS result
0.5
Estimate 0.38 · Beat by 31.58%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.710.380.06-0.27Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 0.42, estimate 0.04, surprise +950.00%, Beat. Q2 2025, reported May 7, 2025: actual -0.2, estimate -0.06, surprise -233.33%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.64, estimate 0.2, surprise +220.00%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.34, estimate 0.07, surprise +385.71%, Beat. Q1 2026, reported Feb 25, 2026: actual 0.25, estimate 0.05, surprise +400.00%, Beat. Q2 2026, reported May 6, 2026: actual 0.26, estimate -0.16, surprise +262.50%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.5, estimate 0.38, surprise +31.58%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.38, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.26B1.05B851.65M648.97MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 944.22M USD, estimate 1.21B USD, surprise -21.88%, Miss. Q2 2025, reported May 7, 2025: actual 862.48M USD, estimate 735.09M USD, surprise +17.33%, Beat. Q3 2025, reported Aug 6, 2025: actual 961.93M USD, estimate 793.52M USD, surprise +21.22%, Beat. Q4 2025, reported Nov 5, 2025: actual 971.85M USD, estimate 780.93M USD, surprise +24.45%, Beat. Q1 2026, reported Feb 25, 2026: actual 866.29M USD, estimate 748.01M USD, surprise +15.81%, Beat. Q2 2026, reported May 6, 2026: actual 841.83M USD, estimate 697.31M USD, surprise +20.72%, Beat. Q3 2026, reported Aug 5, 2026: actual 1.18B USD, estimate 731.45M USD, surprise +61.19%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.02B USD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.10

2025 complete year0.0% since 2021

2026 partial: $1.575

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 3, 2026

$0.525

Quarterly

Record Aug 3, 2026 · Payment Aug 13, 2026

Dividend

Ex-dividend May 4, 2026

$0.525

Quarterly

Record May 4, 2026 · Payment May 14, 2026

Dividend

Ex-dividend Feb 2, 2026

$0.525

Quarterly

Record Feb 2, 2026 · Payment Feb 12, 2026

Dividend

Ex-dividend Nov 3, 2025

$0.525

Quarterly

Record Nov 3, 2025 · Payment Nov 13, 2025

Dividend

Ex-dividend Aug 4, 2025

$0.525

Quarterly

Record Aug 4, 2025 · Payment Aug 14, 2025

Dividend

Ex-dividend May 5, 2025

$0.525

Quarterly

Record May 5, 2025 · Payment May 15, 2025

CAPL peers

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