8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Apr 22, 2026·SEC
Material company update
Mar 2, 2026·SEC
CrossAmerica Partners LP(CAPL)Earnings, Financials & Key Ratios
CAPL•NYSE
$22.32
20.5× P/E·Price updated Jul 2, 2026
AboutCrossAmerica 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.Show more
- Revenue$3.66B-10.6%
- EBITDA$296M+101.9%
- Net Income$42M+110.3%
- EPS (Diluted)1.09+109.6%
- Gross Margin9.18%-5.5%
- EBITDA Margin8.08%+125.9%
- Operating Margin5.63%+227.0%
- Net Margin1.14%+135.3%
CAPL Price & Volume
CrossAmerica Partners LP (CAPL) stock price & volume — 10-year historical chart
Loading chart...
Persistent Revenue Erosion Strains Capital Structure Solvency
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Negative Equity and Leverage
Key Thesis Takeaways
- CrossAmerica Partners LP faces a challenging outlook characterized by consistent top-line contraction and a deteriorating equity base that has reached a deficit of $78.5 million as of 2026Q1.
- While the partnership maintains a high 9.4% dividend yield, the reliance on non-cash charges to support cash flow and the structural thinness of its 9.18% gross margins suggest significant long-term sustainability risks.
- Investors should monitor the partnership's ability to manage its $847.5 million debt load amidst ongoing regional fuel demand erosion and limited liquidity buffers.
Verdict Logic
the partnership's reliance on debt to fund operations, combined with a negative equity position of $78.5 million, suggests that the 9.4% dividend yield may be unsustainable without significant structural improvements.
CAPL Growth Metrics
CrossAmerica Partners LP (CAPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.16%
5 Years13.64%
3 Years-9.66%
TTM-30.33%
Profit CAGR
10 Years13.84%
5 Years-17.19%
3 Years-12.28%
TTM91.85%
EPS CAGR
10 Years12.03%
5 Years-17.6%
3 Years-12.55%
TTM88.75%
Return on Capital
10 Years8.12%
5 Years10.18%
3 Years12.98%
Last Year23.42%
CAPL Recent Earnings
CrossAmerica Partners LP (CAPL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.13+181.3%
$0.16
Rev
$842M+20.7%
$697M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$0.16+220.0%
$0.05
Rev
$866M+15.8%
$748M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.15+114.3%
$0.07
Rev
$972M+29.9%
$748M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.07-65.0%
$0.20
Rev
$962M+21.2%
$794M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.13vs $0.16+181.3% | $842Mvs $697M+20.7% |
| Q1 2026 | Feb 25, 2026 | $0.16vs $0.05+220.0% | $866Mvs $748M+15.8% |
| Q4 2025 | Nov 5, 2025 | $0.15vs $0.07+114.3% | $972Mvs $748M+29.9% |
| Q3 2025 | Aug 6, 2025 | $0.07vs $0.20-65.0% | $962Mvs $794M+21.2% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for CrossAmerica Partners LP (CAPL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $22.32 | $851.17M | 20.48 | -10.63% | 1.14% | — | 9.41% | |
| $2.32 | $90.61M | -6.27 | 1.2% | -2.84% | — | — | |
| $8.30 | $112.2M | 8.74 | 148.14% | 41.96% | 7.25% | — | |
| $15.72 | $1.96B | -4.50 | -9.02% | -5.71% | -39.5% | — | |
| $47.41 | $1.61B | 22.47 | 8.14% | 0.67% | 18.82% | — | |
| $72.56 | $13.08B | 23.33 | -5.99% | 4.46% | 13.02% | — |
Compare CAPL vs Peers
CrossAmerica Partners LP (CAPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CAPL SEC Filings & Documents
CrossAmerica Partners LP (CAPL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when CAPL posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CAPL Frequently Asked Questions
CrossAmerica Partners LP (CAPL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is CrossAmerica Partners LP's revenue?
CrossAmerica Partners LP (CAPL) reported $2.80B in revenue for fiscal year 2025. This represents a 135% increase from $1.19B in 2010.
How fast is CrossAmerica Partners LP growing?
CrossAmerica Partners LP (CAPL) saw revenue decline by 10.6% over the past year.
Is CAPL profitable?
Yes, CrossAmerica Partners LP (CAPL) is profitable, generating $56.9M in net income for fiscal year 2025 (1.1% net margin).
Dividend & Returns
Does CAPL pay dividends?
Yes, CrossAmerica Partners LP (CAPL) pays a dividend with a yield of 9.41%. This makes it attractive for income-focused investors.
What is CrossAmerica Partners LP's free cash flow?
CrossAmerica Partners LP (CAPL) generated $75.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.