CAPL - NYSE
CrossAmerica Partners LP
$21.76
-0.82%CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of December 31, 2021, the company distributed motor fuel on a wholesale basis to approximately 1,750 sites located in 34 states; and owned or leased approximately 1,150 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. The company was founded in 1992 and is based in Allentown, Pennsylvania.
At a Glance
Live SnapshotCrossAmerica Partners LP Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
CrossAmerica Partners LP Income Statement
CAPL • NYSE
| CrossAmerica Partners LP Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||
3.7B | 4.1B | 4.4B | 5B | 3.6B | 1.9B | 2.1B | 2.4B | 2.1B | 1.9B | 2.2B | 2.7B | 1.9B | 1.6B | 1.6B | 1.2B | |
GROSS PROFIT | ||||||||||||||||
(3.3B) | (3.7B) | (4B) | (4.6B) | (3.3B) | (1.7B) | (2B) | (2.3B) | (1.9B) | (1.7B) | (2.1B) | (2.5B) | (1.8B) | (1.6B) | (1.6B) | (1.1B) | |
336.2M | 398.3M | 382.3M | 375.8M | 277M | 212.1M | 154.6M | 172.8M | 160.8M | 155.6M | 157.5M | 130.7M | 86.1M | 41.7M | 43.2M | 50.1M | |
OPERATING INCOME | ||||||||||||||||
(130M) | (327.8M) | (294.2M) | (279.8M) | (240.8M) | (96.5M) | (111.3M) | (146.4M) | (146.7M) | (139.6M) | (144.7M) | (123.7M) | (57.6M) | (38.5M) | (24.8M) | (35.7M) | |
(28M) | (46.2M) | (42.5M) | (40.8M) | (44.5M) | (21M) | (16.8M) | (18M) | (82.1M) | (85.2M) | (108.5M) | (59.4M) | (32.1M) | (24M) | (12.7M) | (19.5M) | |
206.2M | 70.6M | 88.1M | 96M | 36.1M | 115.6M | 43.3M | 35M | 32.4M | 32.2M | 26M | 8.6M | 28.5M | 6.8M | 21.7M | 14.2M | |
PRE-TAX INCOME | ||||||||||||||||
(48.1M) | (52.3M) | (43.7M) | (32.1M) | (18.2M) | (16.6M) | (27M) | (32.9M) | (27.9M) | (22.8M) | (18.5M) | (16.6M) | (14.2M) | (13.3M) | (12.1M) | (15.8M) | |
-48.1M | -52.3M | -43.7M | -32.1M | -18.2M | -16.6M | -27M | -32.9M | -27.9M | -22.8M | -18.5M | -16.6M | -14.2M | -12.2M | -12.1M | -15.7M | |
(102M) | (281.6M) | (251.7M) | (238.9M) | (196.4M) | (75.5M) | (94.5M) | (373K) | (439K) | (848K) | (396K) | (466K) | (2M) | (38.5M) | (24.8M) | (1.9M) | |
-156.1M | -51.5M | -43M | -31.6M | -17.7M | -16.1M | -26.5M | -32.5M | -27.5M | -21.9M | -18.1M | -16.2M | -13.8M | -5M | 4.6M | -12.6M | |
50.1M | 19M | 45.1M | 64.4M | 18.4M | 99.5M | 16.8M | 2.5M | 4.9M | 10.3M | 7.9M | -7.5M | 16.4M | -3.8M | 26.1M | 1.6M | |
NET INCOME | ||||||||||||||||
(8.3M) | -3.4M | (2.5M) | (714K) | -3.2M | -7.9M | -1.2M | -2.7M | -18.2M | -453K | -3.5M | -1.4M | -1.7M | (779K) | (8.6M) | (0.0) | |
41.8M | 19.9M | 40.1M | 62M | 21.7M | 107.5M | 18.1M | 5.3M | 23.2M | 10.7M | 11.4M | -6.2M | 18.1M | -3.6M | 9.9M | -5M |
SEC Filings
CAPL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 21, 2026 | January 21, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 22, 2025 | October 22, 2025 | 2025 |
Related Guides
Continue your CAPL research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.