Crossamerica Partners LP (CAPL) financial statements
Crossamerica Partners LP reported revenue of $3.7B in fiscal 2025, up 7.8% a year over 9 years.
Net income was $42M and the operating margin 2.7%, against 1.7% in 2016.
Free cash flow was $56M, and the company returned $80M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Crossamerica Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $2.1B | $2.4B | $2.1B | $1.9B | $3.6B | $5.0B | $4.4B | $4.1B | $3.7B |
| Cost of revenue | $1.7B | $1.9B | $2.3B | $2.0B | $1.7B | $3.3B | $4.6B | $4.0B | $3.7B | $3.3B |
| Gross profit | $156M | $161M | $173M | $155M | $212M | $277M | $376M | $382M | $398M | $403M |
| Selling, general and admin | $24M | $28M | $18M | $17M | $21M | $31M | $26M | $27M | $29M | $28M |
| Operating income | $32M | $32M | $35M | $43M | $116M | $36M | $96M | $88M | $71M | $98M |
| Interest expense | $23M | $28M | $33M | $27M | $17M | $18M | $32M | $44M | $52M | $48M |
| Pre-tax income | $10M | $5M | $3M | $17M | $100M | $18M | $64M | $45M | $19M | $50M |
| Income tax | -$453,000 | -$18M | -$3M | -$1M | -$8M | -$3M | $714,000 | $3M | -$3M | $8M |
| Net income | $11M | $23M | $5M | $18M | $107M | $22M | $64M | $43M | $22M | $42M |
| EPS (diluted) | $0.22 | — | — | — | — | $0.57 | $1.63 | $1.05 | $0.52 | $1.02 |
| Diluted shares | — | — | — | — | — | 38M | 38M | 38M | 38M | 38M |
| Gross margin | 8.3% | 7.7% | 7.1% | 7.2% | 11.0% | 7.7% | 7.6% | 8.7% | 9.7% | 11.0% |
| Operating margin | 1.7% | 1.5% | 1.4% | 2.0% | 6.0% | 1.0% | 1.9% | 2.0% | 1.7% | 2.7% |
| Net margin | 0.6% | 1.1% | 0.2% | 0.8% | 5.6% | 0.6% | 1.3% | 1.0% | 0.5% | 1.1% |
Balance sheet
Fiscal years, from Crossamerica Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1M | $4M | $3M | $2M | $513,000 | $8M | $16M | $5M | $3M | $3M |
| Receivables | $29M | $28M | $16M | $38M | $29M | $33M | $31M | $31M | $32M | $29M |
| Inventory | $13M | $15M | $14M | $6M | $23M | $46M | $47M | $52M | $63M | $60M |
| Total current assets | $65M | $81M | $51M | $69M | $75M | $106M | $118M | $109M | $119M | $111M |
| Property, plant and equipment | $677M | $681M | $647M | $566M | $571M | $755M | $728M | $705M | $656M | $548M |
| Goodwill | $89M | $89M | $89M | $89M | $89M | $100M | $99M | $99M | $99M | $99M |
| Total assets | $932M | $947M | $867M | $911M | $1.0B | $1.3B | $1.3B | $1.2B | $1.1B | $965M |
| Total current liabilities | $75M | $93M | $88M | $113M | $147M | $164M | $175M | $161M | $163M | $150M |
| Long-term debt | $465M | $529M | $519M | $535M | $527M | $811M | $762M | $754M | $764M | $687M |
| Total liabilities | $711M | $776M | $756M | $833M | $905M | $1.2B | $1.2B | $1.2B | $1.1B | $1.0B |
| Net debt | $466M | $525M | $516M | $533M | $527M | $803M | $746M | $749M | $761M | $684M |
Cash flow
Fiscal years, from Crossamerica Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $79M | $89M | $90M | $72M | $104M | $95M | $161M | $117M | $88M | $91M |
| Capital spending | $21M | $12M | $14M | $25M | $37M | $42M | $30M | $35M | $26M | $36M |
| Free cash flow | $59M | $76M | $76M | $48M | $67M | $54M | $131M | $82M | $61M | $56M |
| Stock-based compensation | $4M | $2M | $481,000 | $1M | $172,000 | $1M | $2M | $3M | $2M | $2M |
| Dividends paid | $3M | $4M | $2M | $72M | $78M | $80M | $80M | $80M | $80M | $80M |
| Share buybacks (net) | -$3M | — | — | — | — | — | — | — | — | — |
| Net borrowing | -$2M | — | — | — | — | — | -$25M | -$159M | — | — |
| Free cash flow margin | 3.1% | 3.7% | 3.1% | 2.2% | 3.5% | 1.5% | 2.6% | 1.9% | 1.5% | 1.5% |
| Dividends per share | — | — | — | — | — | $2.10 | $2.09 | $2.09 | $2.09 | $2.09 |
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Open CAPL in InvestinglyQuestions
What was Crossamerica Partners LP's revenue in 2025?
$3.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Crossamerica Partners LP generate?
$56M in fiscal 2025 (operating cash flow minus capital spending).
From Crossamerica Partners LP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.