What is CAPL revenue?

CrossAmerica Partners LP (CAPL) reported $4.08B of revenue for the twelve months ended Sep 30, 2026. That is up 9.1% from the year before. Revenue for fiscal 2025 was $3.66B.

Yes. CrossAmerica Partners LP earned $50.43M in net income for the twelve months ended Sep 30, 2026, a net margin of 1.2%.

How much cash and debt does CAPL have?

CrossAmerica Partners LP reported $7.83M in cash and cash equivalents and $712.58M of debt on its most recent balance sheet in SEC filings.

How fast is CAPL revenue growing?

CrossAmerica Partners LP's revenue changed -10.6% in fiscal 2025, to $3.66B. Its compound annual growth rate was +13.6% over 5 years and +5.1% over 10 years.

What is CAPL gross margin?

CrossAmerica Partners LP's gross profit was $418.67M on $4.08B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 10.3%.

What is CAPL free cash flow?

CrossAmerica Partners LP generated $89.88M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $115.00M less capital expenditures.

What is CAPL earnings per share?

Diluted earnings per share were $1.23 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did CAPL last report financial results?

The latest statements here come from CrossAmerica Partners LP's 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.

Financials · CAPL

CrossAmerica Partners LP (CAPL) financials

For the twelve months ended Sep 30, 2026, CrossAmerica Partners LP reported $4.08B of revenue and $50.43M of net income.

Revenue, TTM: $4.08B
Revenue growth, YoY: +9.1%
Net income, TTM: $50.43M
Net income growth, YoY: +4.0%
Net margin: 1.2%
Free cash flow, TTM: $89.88M
EPS, diluted, TTM: $1.23
EPS growth, YoY: +2.5%
Cash: $7.83M
Total debt: $712.58M
P/E: 14.97
P/S: 0.18
Market cap: $754.7M

Annual revenue$3.66B

FY2016FY2025

Annual net income$41.83M

FY2016FY2025

Annual free cash flow$55.77M

FY2016FY2025

CAPL revenue and earnings growth

CAPL revenueQ3 2026$1.19B

Quarter YoY: +22.9%
QoQ: +1.3%
FY YoY: -10.6%
5Y CAGR: +13.6%
10Y CAGR: +5.1%

CAPL revenue was $1.19B in fiscal Q3 2026 (ended Sep 30, 2026), up 22.9% from a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $3.66B, down 10.6% from fiscal 2024. Compound annual growth was +13.6% over 5 years and +5.1% over 10 years. It rose in 4 of the last 10 fiscal years.

CAPL net incomeQ3 2026$8.77M

Quarter YoY: -35.5%
QoQ: -57.9%
FY YoY: +86.3%
5Y CAGR: -17.2%
10Y CAGR: +13.8%

CAPL net income was $8.77M in fiscal Q3 2026 (ended Sep 30, 2026), down 35.5% from a year earlier and down 57.9% from the prior quarter. For the full fiscal 2025 it was $41.83M, up 86.3% from fiscal 2024. Compound annual growth was -17.2% over 5 years and +13.8% over 10 years. It rose in 5 of the last 10 fiscal years.

CAPL EPSQ3 2026$0.21

Quarter YoY: -38.2%
QoQ: -59.6%
FY YoY: +96.2%

CAPL diluted EPS was $0.21 in fiscal Q3 2026 (ended Sep 30, 2026), down 38.2% from a year earlier and down 59.6% from the prior quarter. For the full fiscal 2025 it was $1.02, up 96.2% from fiscal 2024.

CAPL free cash flowQ3 2026$17.29M

Quarter YoY: -2.2%
QoQ: -32.9%
FY YoY: -9.3%
5Y CAGR: -3.7%
10Y CAGR: +0.3%

CAPL free cash flow was $17.29M in fiscal Q3 2026 (ended Sep 30, 2026), down 2.2% from a year earlier and down 32.9% from the prior quarter. For the full fiscal 2025 it was $55.77M, down 9.3% from fiscal 2024. Compound annual growth was -3.7% over 5 years and +0.3% over 10 years. It rose in 4 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$3.66B	$4.10B	$4.39B	$4.97B	$3.58B	$1.93B	$2.15B	$2.45B	$2.09B	$1.87B
Cost of revenue	$3.26B	$3.70B	$4.00B	$4.59B	$3.30B	$1.72B	$1.99B	$2.27B	$1.93B	$1.71B
Gross profit	$402.71M	$398.32M	$382.27M	$375.77M	$276.95M	$212.13M	$154.64M	$172.79M	$160.77M	$155.57M
Selling, general and admin	$27.99M	$28.76M	$27.03M	$25.57M	$30.93M	$20.99M	$16.85M	$17.97M	$27.89M	$24.16M
Operating income	$97.65M	$70.56M	$88.07M	$96.01M	$36.13M	$115.59M	$43.32M	$35.01M	$32.42M	$32.17M
Interest expense	$48.14M	$52.32M	$43.74M	$32.10M	$18.24M	$16.59M	$27.00M	$32.87M	$27.92M	$22.76M
Pre-tax income	$50.09M	$19.02M	$45.12M	$64.41M	$18.43M	$99.51M	$16.85M	$2.51M	$4.94M	$10.26M
Income tax	$8.25M	-$3.43M	$2.52M	$714.0K	-$3.23M	-$7.95M	-$1.23M	-$2.73M	-$18.24M	-$453.0K
Net income	$41.83M	$22.45M	$42.59M	$63.70M	$21.65M	$107.46M	$18.08M	$5.25M	$23.16M	$10.70M
EPS, basic	$1.03	$0.52	$1.06	$1.63	$0.57	-	-	-	-	$0.22
EPS, diluted	$1.02	$0.52	$1.05	$1.63	$0.57	-	-	-	-	$0.22
Diluted shares	38.2M	38.2M	38.1M	38.1M	37.9M	-	-	-	-	-

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$3.14M	$3.38M	$4.99M	$16.05M	$7.65M	$513.0K	$1.78M	$3.19M	$3.90M	$1.35M
Receivables	$28.57M	$32.24M	$31.18M	$30.82M	$33.33M	$28.52M	$38.05M	$16.16M	$27.79M	$29.25M
Inventory	$59.61M	$63.17M	$52.34M	$47.31M	$46.10M	$23.25M	$6.23M	$14.08M	$15.12M	$13.16M
Current assets	$111.08M	$118.83M	$108.52M	$118.41M	$106.31M	$74.82M	$69.39M	$50.86M	$80.51M	$65.41M
Goodwill	$99.41M	$99.41M	$99.41M	$99.41M	$100.46M	$88.76M	$88.76M	$88.76M	$89.11M	$89.11M
Total assets	$964.73M	$1.11B	$1.18B	$1.26B	$1.27B	$1.01B	$911.15M	$866.92M	$947.24M	$931.99M
Current liabilities	$149.51M	$162.85M	$161.10M	$175.30M	$163.89M	$146.95M	$112.64M	$88.45M	$93.47M	$75.13M
Short-term debt	-	-	-	-	-	-	-	-	-	$2.10M
Long-term debt	$687.19M	$763.93M	$753.88M	$761.64M	$810.63M	$527.30M	$534.86M	$519.28M	$529.15M	$465.12M
Total debt	$687.19M	$763.93M	$753.88M	$761.64M	$810.63M	$527.30M	$534.86M	$519.28M	$529.15M	$467.22M
Total liabilities	$1.04B	$1.14B	$1.15B	$1.18B	$1.21B	$904.67M	$832.75M	$755.99M	$776.22M	$711.18M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$91.50M	$87.78M	$117.08M	$161.32M	$95.47M	$104.48M	$72.33M	$89.75M	$88.96M	$79.44M
Capital expenditures	$35.73M	$26.32M	$34.63M	$30.35M	$41.86M	$37.06M	$24.61M	$13.72M	$12.49M	$20.78M
Free cash flow	$55.77M	$61.46M	$82.45M	$130.97M	$53.61M	$67.43M	$47.72M	$76.03M	$76.47M	$58.66M
Investing cash flow	$68.44M	-$16.31M	-$28.18M	-$46.40M	-$298.69M	-$19.55M	-$15.51M	-$6.78M	-$60.11M	-$96.91M
Financing cash flow	-$160.18M	-$73.08M	-$99.97M	-$106.51M	$210.36M	-$86.20M	-$58.23M	-$83.68M	-$26.30M	$17.62M
Dividends paid	$80.01M	$79.85M	$79.71M	$79.63M	$79.55M	$77.75M	$72.34M	$75.56M	$83.76M	$3.39M
Share repurchases	-	-	-	-	-	-	-	-	-	$3.25M
Stock-based compensation	$1.85M	$1.51M	$3.03M	$2.29M	$1.31M	$172.0K	$1.25M	$481.0K	$1.93M	$3.93M
Depreciation and amortization	$89.59M	$75.98M	$77.16M	$80.63M	$77.85M	$68.74M	$55.03M	$66.55M	$57.47M	$54.41M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-10.6%	-6.6%	-11.7%	38.8%	85.2%	-10.1%	-12.1%	16.8%	12.0%	-16.0%
Net income growth, YoY	86.3%	-47.3%	-33.1%	194.2%	-79.8%	494.5%	244.2%	-77.3%	116.3%	-6.4%
EPS growth, YoY	96.2%	-50.5%	-35.6%	186.0%	-	-	-	-	-	-
Gross margin	11.0%	9.7%	8.7%	7.6%	7.7%	11.0%	7.2%	7.1%	7.7%	8.3%
Operating margin	2.7%	1.7%	2.0%	1.9%	1.0%	6.0%	2.0%	1.4%	1.5%	1.7%
Net margin	1.1%	0.5%	1.0%	1.3%	0.6%	5.6%	0.8%	0.2%	1.1%	0.6%
Free cash flow margin	1.5%	1.5%	1.9%	2.6%	1.5%	3.5%	2.2%	3.1%	3.7%	3.1%
Return on assets	4.3%	2.0%	3.6%	5.1%	1.7%	10.6%	2.0%	0.6%	2.4%	1.1%
Current ratio	0.74	0.73	0.67	0.68	0.65	0.51	0.62	0.58	0.86	0.87

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$1.19B	$1.18B	$841.83M	$866.29M	$971.85M	$961.92M	$862.48M	$944.22M	$1.08B	$1.13B	$941.55M	$1.01B
Cost of revenue	$1.09B	$1.07B	$744.21M	$759.16M	$867.08M	$860.93M	$772.66M	$843.24M	$967.94M	$1.03B	$860.20M	$912.64M
Gross profit	$101.13M	$112.79M	$97.62M	$107.13M	$104.77M	$100.99M	$89.81M	$100.98M	$111.23M	$104.76M	$81.35M	$102.05M
Selling, general and admin	$6.71M	$6.81M	$6.49M	$7.24M	$6.50M	$6.58M	$7.67M	$6.72M	$7.31M	$7.89M	$6.84M	$6.94M
Operating income	$23.71M	$35.27M	$23.75M	$26.06M	$28.09M	$41.50M	$2.00M	$28.33M	$27.10M	$28.18M	-$13.04M	$26.96M
Interest expense	$12.18M	$11.34M	$10.75M	$10.94M	$11.79M	$12.57M	$12.84M	$13.40M	$14.17M	$14.21M	$10.54M	$10.49M
Pre-tax income	$11.77M	$24.14M	$13.16M	$15.28M	$16.45M	$29.06M	-$10.71M	$15.11M	$13.12M	$14.13M	-$23.34M	$16.66M
Income tax	$3.01M	$3.33M	$2.50M	$5.09M	$2.87M	$3.90M	-$3.60M	-$1.75M	$2.42M	$1.70M	-$5.80M	-$78.0K
Net income	$8.77M	$20.81M	$10.66M	$10.19M	$13.59M	$25.17M	-$7.12M	$16.86M	$10.71M	$12.42M	-$17.54M	$16.74M
EPS, basic	$0.21	$0.53	$0.26	$0.25	$0.34	$0.64	-$0.20	$0.42	$0.27	$0.31	-$0.48	$0.42
EPS, diluted	$0.21	$0.52	$0.26	$0.24	$0.34	$0.64	-$0.20	$0.42	$0.27	$0.31	-$0.48	$0.42
Diluted shares	38.3M	38.3M	38.3M	-	38.3M	39.5M	38.1M	-	38.2M	38.2M	38.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$7.83M	$4.92M	$7.35M	$3.14M	$5.77M	$9.72M	$6.75M	$3.38M	$7.76M	$5.49M	$6.28M	$4.99M
Receivables	$31.95M	$33.83M	$31.14M	$28.57M	$34.06M	$32.37M	$28.74M	$32.24M	$31.95M	$38.93M	$35.09M	$31.18M
Inventory	$71.14M	$63.44M	$65.06M	$59.61M	$60.97M	$59.02M	$60.89M	$63.17M	$60.97M	$63.58M	$58.04M	$52.34M
Current assets	$132.75M	$122.76M	$125.27M	$111.08M	$117.36M	$125.32M	$151.45M	$118.83M	$125.73M	$125.56M	$123.30M	$108.52M
Goodwill	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M	$99.41M
Total assets	$975.82M	$981.99M	$1.00B	$964.73M	$998.94M	$1.03B	$1.09B	$1.11B	$1.13B	$1.16B	$1.18B	$1.18B
Current liabilities	$169.21M	$161.83M	$167.91M	$149.51M	$164.21M	$162.13M	$163.69M	$162.85M	$172.80M	$165.39M	$159.85M	$161.10M
Long-term debt	$712.58M	$715.47M	$726.20M	$687.19M	$700.79M	$722.69M	$774.08M	$763.93M	$769.23M	$786.67M	$795.75M	$753.88M
Total debt	$712.58M	$715.47M	$726.20M	$687.19M	$700.79M	$722.69M	$774.08M	$763.93M	$769.23M	$786.67M	$795.75M	$753.88M
Total liabilities	$1.06B	$1.06B	$1.08B	$1.04B	$1.06B	$1.08B	$1.14B	$1.14B	$1.16B	$1.17B	$1.18B	$1.15B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$24.47M	$33.23M	$27.88M	$29.43M	$24.37M	$22.65M	$15.05M	$11.11M	$41.95M	$28.91M	$5.82M	$38.09M
Capital expenditures	$7.18M	$7.45M	$3.42M	$7.07M	$6.70M	$11.84M	$10.11M	$7.19M	$7.72M	$5.31M	$6.11M	$12.95M
Free cash flow	$17.29M	$25.78M	$24.45M	$22.36M	$17.67M	$10.81M	$4.93M	$3.92M	$34.23M	$23.60M	-$289.0K	$25.15M
Investing cash flow	$3.35M	-$4.14M	$7.84M	$2.22M	$15.35M	$52.21M	-$1.33M	$10.25M	-$448.0K	-$150.0K	-$25.96M	-$11.65M
Financing cash flow	-$24.91M	-$31.52M	-$31.51M	-$34.28M	-$43.67M	-$71.89M	-$10.35M	-$25.75M	-$39.23M	-$29.55M	$21.44M	-$27.25M
Dividends paid	$20.04M	$20.03M	$20.02M	$20.01M	$20.01M	$20.00M	$19.98M	$19.97M	$19.98M	$19.96M	$19.94M	$19.93M
Stock-based compensation	$314.0K	$587.0K	$201.0K	$501.0K	$364.0K	$176.0K	$813.0K	$374.0K	$560.0K	$369.0K	$205.0K	$947.0K
Depreciation and amortization	$16.84M	$16.77M	$17.06M	$19.92M	$20.03M	$23.33M	$26.30M	$18.08M	$20.74M	$18.45M	$18.72M	$18.94M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	22.9%	22.6%	-2.4%	-8.3%	-9.9%	-15.1%	-8.4%	-6.9%	-10.8%	-1.1%	-7.3%	-9.8%
Net income growth, YoY	-35.5%	-17.3%	-	-39.6%	26.9%	102.6%	-	0.7%	-12.9%	-14.5%	-	-2.0%
EPS growth, YoY	-38.2%	-18.8%	-	-42.9%	25.9%	106.5%	-	0.0%	-12.9%	-13.9%	-	-
Gross margin	8.5%	9.6%	11.6%	12.4%	10.8%	10.5%	10.4%	10.7%	10.3%	9.2%	8.6%	10.1%
Operating margin	2.0%	3.0%	2.8%	3.0%	2.9%	4.3%	0.2%	3.0%	2.5%	2.5%	-1.4%	2.7%
Net margin	0.7%	1.8%	1.3%	1.2%	1.4%	2.6%	-0.8%	1.8%	1.0%	1.1%	-1.9%	1.7%
Free cash flow margin	1.4%	2.2%	2.9%	2.6%	1.8%	1.1%	0.6%	0.4%	3.2%	2.1%	-0.0%	2.5%
Current ratio	0.78	0.76	0.75	0.74	0.71	0.77	0.93	0.73	0.73	0.76	0.77	0.67

Source: XBRL data CrossAmerica Partners LP files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CAPL peers

Company	Revenue	Growth	Net income	Net margin	Market cap
CAPL	$4.08B	+9.1%	$50.43M	1.2%	$754.7M
WKCWorld Kinect Corporation	$45.58B	+21.1%	-$166.30M	-0.4%	$1.83B
GELGenesis Energy, L.P.	$1.87B	+17.6%	$71.94M	3.9%	$1.57B
GLPGlobal Partners LP	$21.46B	+20.4%	$195.20M	0.9%	$1.53B
MMLPMartin Midstream Partners L.P. Limited Partnership	$807.18M	+13.2%	-$11.15M	-1.4%	$79.4M
PTLEPTL LTD	$71.65M	-27.0%	-$1.18M	-1.6%	$57.6M
TMDETMD Energy Limited	$545.04M	-20.8%	-$18.64M	-3.4%	$11.2M
UFGUni-Fuels Holdings Limited	$263.89M	+70.0%	-$1.75M	-0.7%	$9.9M

CAPL FAQ

9 questions

What is CAPL revenue?
CrossAmerica Partners LP (CAPL) reported $4.08B of revenue for the twelve months ended Sep 30, 2026. That is up 9.1% from the year before. Revenue for fiscal 2025 was $3.66B.
Is CAPL profitable?
Yes. CrossAmerica Partners LP earned $50.43M in net income for the twelve months ended Sep 30, 2026, a net margin of 1.2%.
How much cash and debt does CAPL have?
CrossAmerica Partners LP reported $7.83M in cash and cash equivalents and $712.58M of debt on its most recent balance sheet in SEC filings.
How fast is CAPL revenue growing?
CrossAmerica Partners LP's revenue changed -10.6% in fiscal 2025, to $3.66B. Its compound annual growth rate was +13.6% over 5 years and +5.1% over 10 years.
What is CAPL gross margin?
CrossAmerica Partners LP's gross profit was $418.67M on $4.08B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 10.3%.
What is CAPL free cash flow?
CrossAmerica Partners LP generated $89.88M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $115.00M less capital expenditures.
What is CAPL earnings per share?
Diluted earnings per share were $1.23 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did CAPL last report financial results?
The latest statements here come from CrossAmerica Partners LP's 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
Where does this CAPL financial data come from?
Quantisnow builds these statements from the structured XBRL data CrossAmerica Partners LP files with the SEC. It is provided for information only and is not investment advice.