Cross America Partners Lp - Understand $capl stock

$CAPL Market Cap: $812.3 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$4.169B

TTM

Gross Margin

9.56%

TTM

Net Earnings

$21.69M

TTM

Current Assets

$125.7M

Q3 2024

Current Liabilities

$172.8M

Q3 2024

Current Ratio

72.76%

Q3 2024

Total Assets

$1.130B

Q3 2024

Total Liabilities

$1.161B

Q3 2024

Book Value

-$30.70M

Q3 2024

Cash

$7.765M

Q3 2024

P/E

37.45

Nov 29, 2024 EST

Free Cash Flow

$82.70M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$4.386B	$4.967B	$3.579B	$1.932B	$2.149B	$2.446B	$2.095B	$1.870B	$2.226B	$2.665B	$1.936B	$1.884B	$1.624B	$1.192B	$821.9M
YoY Change	-11.7%	38.78%	85.23%	-10.1%	-12.12%	16.76%	12.03%	-16.01%	-16.46%	37.64%	2.76%	16.04%	36.2%	45.04%	-16.68%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$4.386B	$4.967B	$3.579B	$1.932B	$2.149B	$2.446B	$2.095B	$1.870B	$2.226B	$2.665B	$1.936B	$1.884B	$1.624B	$1.192B	$821.9M
Cost Of Revenue	$4.004B	$4.592B	$3.302B	$1.720B	$1.995B	$2.273B	$1.934B	$1.714B	$2.057B	$2.540B	$1.864B	$1.820B	$1.565B	$1.142B	$777.7M
Gross Profit	$382.3M	$375.8M	$277.0M	$212.1M	$154.6M	$172.8M	$160.8M	$155.6M	$169.5M	$124.9M	$72.23M	$64.00M	$59.10M	$50.10M	$44.20M
Gross Profit Margin	8.72%	7.56%	7.74%	10.98%	7.19%	7.06%	7.67%	8.32%	7.61%	4.69%	3.73%	3.4%	3.64%	4.2%	5.38%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$27.03M	$25.58M	$30.93M	$20.99M	$16.85M	$17.97M	$27.89M	$24.16M	$36.24M	$36.88M	$16.56M	$31.10M	$22.10M	$19.50M	$17.90M
YoY Change	5.69%	-17.31%	47.35%	24.58%	-6.22%	-35.58%	15.45%	-33.34%	-1.74%	122.73%	-46.76%	40.72%	13.33%	8.94%	58.41%
% of Gross Profit	7.07%	6.81%	11.17%	9.9%	10.9%	10.4%	17.35%	15.53%	21.38%	29.53%	22.92%	48.59%	37.39%	38.92%	40.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$77.16M	$80.63M	$77.85M	$68.74M	$55.03M	$66.55M	$57.47M	$54.41M	$48.23M	$33.29M	$20.96M	$16.40M	$12.20M	$13.50M	$9.700M
YoY Change	-4.3%	3.56%	13.25%	24.91%	-17.31%	15.8%	5.62%	12.82%	44.89%	58.78%	27.82%	34.43%	-9.63%	39.18%	155.26%
% of Gross Profit	20.18%	21.46%	28.11%	32.41%	35.59%	38.51%	35.75%	34.98%	28.46%	26.65%	29.02%	25.62%	20.64%	26.95%	21.95%
Operating Expenses	$298.9M	$280.9M	$30.93M	$180.7M	$124.4M	$146.4M	$146.7M	$139.6M	$156.7M	$117.9M	$42.10M	$52.70M	$40.70M	$35.60M	$30.50M
YoY Change	6.42%	808.21%	-82.88%	45.19%	-15.02%	-0.15%	5.02%	-10.88%	32.89%	180.09%	-20.12%	29.48%	14.33%	16.72%	47.34%
Operating Profit	$88.07M	$96.01M	$36.13M	$115.6M	$43.32M	$35.01M	$32.42M	$32.17M	$26.02M	$8.640M	$30.18M	$11.30M	$18.40M	$14.50M	$13.70M
YoY Change	-8.27%	165.73%	-68.74%	166.82%	23.73%	8.0%	0.77%	23.65%	201.12%	-71.37%	167.05%	-38.59%	26.9%	5.84%	12.3%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$43.74M	$32.10M	$18.24M	$16.59M	$27.00M	$32.87M	$27.92M	$22.76M	$18.49M	$16.63M	$14.18M	-$13.30M	-$12.10M	-$15.70M	-$10.50M
YoY Change	36.27%	75.95%	9.99%	-38.57%	-17.86%	17.74%	22.68%	23.06%	11.2%	17.27%	-206.63%	9.92%	-22.93%	49.52%	5.0%
% of Operating Profit	49.67%	33.44%	50.5%	14.35%	62.32%	93.89%	86.12%	70.74%	71.08%	192.49%	47.0%	-117.7%	-65.76%	-108.28%	-76.64%
Other Income/Expense, Net	$790.0K	$504.0K	$544.0K	$503.0K	$524.0K	$373.0K	$439.0K	$848.0K	$396.0K	$466.0K	$359.0K	$800.0K	$1.200M	$1.900M	$1.700M
YoY Change	56.75%	-7.35%	8.15%	-4.01%	40.48%	-15.03%	-48.23%	114.14%	-15.02%	29.81%	-55.13%	-33.33%	-36.84%	11.76%	88.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$45.12M	$64.41M	$18.43M	$99.51M	$16.85M	$2.513M	$4.939M	$10.26M	$7.920M	-$7.525M	$16.35M	$1.800M	$10.70M	$400.0K	$5.800M
YoY Change	-29.95%	249.5%	-81.48%	490.69%	570.35%	-49.12%	-51.87%	29.57%	-205.25%	-146.01%	808.56%	-83.18%	2575.0%	-93.1%	20.83%
Income Tax	$2.525M	$714.0K	-$3.225M	-$7.948M	-$1.230M	-$2.733M	-$18.24M	-$453.0K	-$3.542M	-$1.354M	-$1.716M	$300.0K	$0.00		$0.00
% Of Pretax Income	5.6%	1.11%	-17.5%	-7.99%	-7.3%	-108.75%	-369.24%	-4.41%	-44.72%		-10.49%	16.67%	0.0%		0.0%
Net Earnings	$42.59M	$63.70M	$21.65M	$107.5M	$18.08M	$5.251M	$23.16M	$10.70M	$11.44M	-$6.162M	$18.07M	-$1.356M	$9.910M	$400.0K	$6.100M
YoY Change	-33.13%	194.15%	-79.85%	494.47%	244.24%	-77.33%	116.35%	-6.44%	-285.67%	-134.1%	-1432.6%	-113.68%	2377.5%	-93.44%	84.85%
Net Earnings / Revenue	0.97%	1.28%	0.6%	5.56%	0.84%	0.21%	1.11%	0.57%	0.51%	-0.23%	0.93%	-0.07%	0.61%	0.03%	0.74%
Basic Earnings Per Share	$1.06	$1.63	$0.57					$0.22	$0.35	-$0.32	$1.18
Diluted Earnings Per Share	$1.05	$1.63	$571.6K	$2.874M	$524.6K	$154.5K	$342.7K	$0.22	$0.35	-$0.32	$1.18	$240.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$4.990M	$16.05M	$7.648M	$500.0K	$1.800M	$3.200M	$3.900M	$1.400M	$1.200M	$15.20M	$4.100M	$4.800M	$2.100M	$3.000M
YoY Change	-68.92%	109.91%	1429.6%	-72.22%	-43.75%	-17.95%	178.57%	16.67%	-92.11%	270.73%	-14.58%	128.57%	-30.0%
Cash & Equivalents	$4.990M	$16.05M	$7.648M	$500.0K	$1.800M	$3.200M	$3.900M	$1.400M	$1.200M	$15.20M	$4.100M	$4.800M	$2.100M	$3.000M
Short-Term Investments
Other Short-Term Assets	$19.57M	$23.48M	$18.09M	$21.60M	$19.00M	$7.700M	$19.20M	$8.700M	$8.200M	$9.800M	$5.300M	$4.400M	$12.40M	$20.90M
YoY Change	-16.66%	29.8%	-16.26%	13.68%	146.75%	-59.9%	120.69%	6.1%	-16.33%	84.91%	20.45%	-64.52%	-40.67%
Inventory	$52.34M	$47.31M	$46.10M	$23.30M	$6.200M	$14.10M	$15.10M	$13.20M	$15.70M	$12.10M	$2.100M		$1.200M	$1.400M
Prepaid Expenses
Receivables	$31.62M	$31.57M	$34.48M	$29.50M	$42.40M	$25.90M	$42.30M	$42.20M	$33.00M	$38.30M	$23.90M	$13.90M	$11.60M	$9.200M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$700.0K	$3.600M
Total Short-Term Assets	$108.5M	$118.4M	$106.3M	$74.80M	$69.40M	$50.90M	$80.50M	$65.40M	$58.10M	$75.30M	$35.50M	$23.00M	$28.00M	$38.00M
YoY Change	-8.35%	11.37%	42.13%	7.78%	36.35%	-36.77%	23.09%	12.56%	-22.84%	112.11%	54.35%	-17.86%	-26.32%
Property, Plant & Equipment	$853.5M	$893.3M	$924.8M	$738.7M	$686.7M	$647.4M	$681.0M	$677.3M	$628.6M	$391.5M	$289.5M	$243.6M	$218.5M	$203.4M
YoY Change	-4.45%	-3.4%	25.19%	7.57%	6.07%	-4.93%	0.55%	7.75%	60.56%	35.23%	18.84%	11.49%	7.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$24.96M	$29.54M	$24.39M	$19.10M	$21.30M	$20.80M	$20.60M	$19.40M	$11.60M	$12.00M	$10.30M	$10.00M	$6.500M	$4.300M
YoY Change	-15.53%	21.13%	27.69%	-10.33%	2.4%	0.97%	6.19%	67.24%	-3.33%	16.5%	3.0%	53.85%	51.16%
Total Long-Term Assets	$1.073B	$1.136B	$1.164B	$939.5M	$841.7M	$816.0M	$866.7M	$866.6M	$803.3M	$521.7M	$356.1M	$294.9M	$243.1M	$219.4M
YoY Change	-5.55%	-2.37%	23.88%	11.62%	3.15%	-5.85%	0.01%	7.88%	53.98%	46.5%	20.75%	21.31%	10.8%
Total Assets	$1.182B	$1.255B	$1.270B	$1.014B	$911.1M	$866.9M	$947.2M	$932.0M	$861.4M	$597.0M	$391.6M	$317.9M	$271.1M	$257.4M
YoY Change
Accounts Payable	$79.17M	$84.85M	$74.85M	$69.40M	$57.80M	$57.70M	$61.30M	$44.90M	$40.90M	$33.60M	$20.60M	$16.30M	$13.20M	$12.20M
YoY Change	-6.69%	13.35%	7.86%	20.07%	0.17%	-5.87%	36.53%	9.78%	21.73%	63.11%	26.38%	23.48%	8.2%
Accrued Expenses	$78.85M	$79.30M	$78.10M	$73.90M	$52.30M	$27.30M	$28.20M	$27.30M	$25.60M	$26.60M	$13.40M	$12.80M	$11.70M	$11.70M
YoY Change	-0.57%	1.54%	5.68%	41.3%	91.58%	-3.19%	3.3%	6.64%	-3.76%	98.51%	4.69%	9.4%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.300M
YoY Change													-100.0%
Long-Term Debt Due	$3.083M	$11.15M	$10.94M	$2.600M	$2.500M	$3.500M	$3.900M	$3.000M	$8.300M	$29.10M	$2.600M	$2.200M	$13.10M	$18.90M
YoY Change	-72.35%	1.94%	320.73%	4.0%	-28.57%	-10.26%	30.0%	-63.86%	-71.48%	1019.23%	18.18%	-83.21%	-30.69%
Total Short-Term Liabilities	$161.1M	$175.3M	$163.9M	$146.9M	$112.6M	$88.40M	$93.50M	$75.10M	$74.90M	$94.00M	$38.90M	$32.20M	$44.50M	$56.30M
YoY Change	-8.1%	6.96%	11.57%	30.46%	27.38%	-5.45%	24.5%	0.27%	-20.32%	141.65%	20.81%	-27.64%	-20.96%
Long-Term Debt	$753.9M	$761.6M	$810.6M	$527.3M	$534.9M	$593.4M	$605.6M	$465.1M	$430.6M	$254.4M	$237.9M	$257.5M	$218.7M	$182.8M
YoY Change	-1.02%	-6.04%	53.73%	-1.42%	-9.86%	-2.01%	30.21%	8.01%	69.26%	6.94%	-7.61%	17.74%	19.64%
Other Long-Term Liabilities	$223.0M	$227.9M	$226.7M	$215.4M	$165.9M	$54.20M	$53.10M	$128.0M	$43.40M	$35.10M	$15.30M	$13.60M	$40.60M	$46.60M
YoY Change	-2.15%	0.54%	5.25%	29.84%	206.09%	2.07%	-58.52%	194.93%	23.65%	129.41%	12.5%	-66.5%	-12.88%
Total Long-Term Liabilities	$976.9M	$989.6M	$1.037B	$742.7M	$700.8M	$647.6M	$658.7M	$593.1M	$474.0M	$289.5M	$253.2M	$271.1M	$259.3M	$229.4M
YoY Change	-1.28%	-4.61%	39.67%	5.98%	8.21%	-1.69%	11.06%	25.13%	63.73%	14.34%	-6.6%	4.55%	13.03%
Total Liabilities	$1.151B	$1.175B	$1.214B	$904.7M	$832.8M	$756.0M	$775.9M	$710.9M	$592.5M	$406.4M	$297.0M	$303.3M	$303.8M	$285.6M
YoY Change	-2.09%	-3.14%	34.14%	8.63%	10.16%	-2.56%	9.14%	19.98%	45.79%	36.84%	-2.08%	-0.16%	6.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	37.96M	37.92M	37.88M
Diluted Shares Outstanding	38.12M	38.06M	37.88M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $812.3 Million

About CrossAmerica Partners LP

CrossAmerica Partners LP engages in the business of wholesaling distribution of motor fuel, convenience store operation, and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company is headquartered in Allentown, Pennsylvania and currently employs 244 full-time employees. The company went IPO on 2012-10-25. The firm operates through two segments: Wholesale, and Retail. The Wholesale segment includes the wholesale distribution of motor fuel to lessee dealers and independent dealers. The Retail segment includes the retail sale of motor fuel at retail sites operated by commission agents and the sale of convenience merchandise items and the retail sale of motor fuel at company operated sites. The firm distributes motor fuel on a wholesale basis to approximately 1,700 sites located in 34 states. The firm owns or leases approximately 1,100 sites, of which it operates 295 as company operated sites. The firm distributes branded motor fuel under the Exxon, Mobil, BP, Shell, Sunoco, Valero, Gulf, Citgo, Marathon, and Phillips 66 brands to its customers.

Industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations) Peers: DORIAN LPG LTD. ENTERPRISE PRODUCTS PARTNERS L.P. GENESIS ENERGY LP GLOBAL PARTNERS LP Green Plains Partners LP NextDecade Corp. NuStar Energy L.P. OVERSEAS SHIPHOLDING GROUP INC PBF Logistics LP Sprague Resources LP