CAPL · CrossAmerica Partners LP
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. CrossAmerica posted 40% adjusted EBITDA growth and 50% distributable cash flow growth in Q2 2026, driven by a 33% jump in retail fuel margin per gallon to $0.492 and a 130 bps merchandise margin gain to 29.5%, even as net income fell 17% on sharply lower real estate disposition gains and same-store fuel volumes declined 11%.
- + Retail fuel margin per gallon increased 33% to $0.492 from $0.370
- + Merchandise gross profit percentage expanded 130 bps to 29.5% on better mix and execution in food, beverage, cigarettes, and OTP
- + Wholesale fuel margin per gallon rose 31% to $0.111, lifting wholesale gross profit 9% to $27.1 million
- + Distributable cash flow grew 50% to $33.6 million and trailing-12-month distribution coverage improved to 1.39x from 1.00x
- + Credit facility maturity extended to July 15, 2031 (from March 31, 2028) and SOFR credit spread adjustment removed; YTD debt reduced $20 million with leverage at 3.57x
- − Net income declined 17% year-over-year to $20.8 million as real estate disposition gains fell to $1.1 million from $29.7 million
- − Retail same-store fuel volumes fell 11% and company-operated same-store volume fell 8%, reflecting elevated pump prices
- − Retail site count declined 7% (average) to 560 from 603 amid ongoing portfolio optimization, and company-operated store count fell 9%
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 86.85M | Six Months Ended June 30, 2026 | — |
| Available for future borrowings under the Credit Facility | $244M | as of July 31, 2026 | — |
| Average motor fuel distribution sites | 984 | Three Months Ended June 30, 2026 | — |
| Average retail fuel sites | 560 | Three Months Ended June 30, 2026 | — |
| Average retail fuel sites (Commission) | 224 | Three Months Ended June 30, 2026 | — |
| Average retail fuel sites (Company operated) | 336 | Three Months Ended June 30, 2026 | — |
| Average wholesale gross profit per gallon | $0.11 | Q2 2026 | — |
| Capital expenditures | $7.4M | Three Months ended June 30, 2026 | — |
| Cash Distribution per unit | $0.53 | three months ended June 30, 2026 filing | — |
| Commission agents | 221 | Three Months Ended June 30, 2026 | — |
| Company operated retail sites | 334 | Three Months Ended June 30, 2026 | — |
| Credit facility balance | $671.6M | At 06/30/26 | — |
| Distributable Cash Flow non-GAAP | 55.08M | Six Months Ended June 30, 2026 | — |
| EBITDA non-GAAP | 93.22M | Six Months Ended June 30, 2026 | — |
| Effective interest rate | 5.5% | At 06/30/26 | — |
| Independent dealers | 664 | Three Months Ended June 30, 2026 | — |
| Lessee dealers | 317 | Three Months Ended June 30, 2026 | — |
| Leverage (as defined in the CAPL Credit Facility) | 3.57 | as of June 30, 2026 | — |
| Margin per gallon (Wholesale) | $0.11 | Three Months Ended June 30, 2026 | — |
| Margin per gallon, before deducting credit card fees | $0.51 | Three Months Ended June 30, 2026 | — |
| Margin per gallon, before deducting credit card fees and commissions | $0.49 | Three Months Ended June 30, 2026 | — |
| Margin per gallon, before deducting credit card fees and commissions (Commission) | $0.44 | Three Months Ended June 30, 2026 | — |
| Merchandise Gross Margin Percentage | 29.5% | Three Months ended June 30, 2026 | — |
| Merchandise gross profit | $31M | Q2 2026 | — |
| Merchandise gross profit percentage | 29.5% | Q2 2026 | — |
| Outstanding under Credit Facility | $671.6M | as of June 30, 2026 | — |
| Quarterly distribution per limited partner unit | $0.53 | Q2 2026 | — |
| Retail Margin Per Gallon | $0.49 | Three Months ended June 30, 2026 | — |
| Retail segment margin per gallon, before deducting credit card fees and commissions | $0.49 | Q2 2026 | — |
| Retail segment motor fuel gallons distributed | 124M | Q2 2026 | — |
| Retail segment motor fuel gross profit | $46.5M | Q2 2026 | — |
| Retail Sites (average for period) | 560 | Q2 2026 | — |
| Same store fuel volume | 85.33M | Three Months Ended June 30, 2026 | — |
| Same store merchandise sales | 98.01M | Three Months Ended June 30, 2026 | — |
| Same store merchandise sales excluding cigarettes | $71.4M | Q2 2026 | — |
| Same store motor fuel gallons distributed | 117.8M | Q2 2026 | — |
| Same Store Sales Excluding Cigarettes | $71.41M | Three Months ended June 30, 2026 | — |
| Same store total system gallons sold | 117.77M | Three Months Ended June 30, 2026 | — |
| Total motor fuel distribution sites | 981 | Three Months Ended June 30, 2026 | — |
| Total retail sites | 555 | Three Months Ended June 30, 2026 | — |
| Volume of gallons distributed | 160.28M | Three Months Ended June 30, 2026 | — |
| Volume of gallons sold | 124.03M | Three Months Ended June 30, 2026 | — |
| Wholesale Margin Per Gallon | $0.11 | Three Months ended June 30, 2026 | — |
| Wholesale motor fuel gallons distributed | 160.3M | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Refining & Marketing — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CAPL
this stock
CrossAmerica Partners LP
|
$829.50M | +5.3% | -16.0% | — | 0.1% |
|
MPC
Marathon Petroleum Corp
|
$134.25B | +191.3% | +25.8% | 16.5 | 2.5% |
|
VLO
Valero Energy Corp/Tx
|
$130.32B | +166.2% | -5.5% | 18.8 | 3.1% |
|
PSX
Phillips 66
|
$116.98B | +125.2% | -7.5% | 16.7 | 1.4% |
|
DINO
HF Sinclair Corp
|
$22.12B | +170.0% | +64.4% | 11.9 | 3.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CAPL | +0.6% | -1.6% | +2.7% | +1.5% | +5.3% |
| SPY | -1.5% | -0.9% | +7.7% | +0.5% | +12.4% |
| vs SPY | +2.1% | -0.7% | -5.0% | +1.0% | -7.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.