CrossAmerica Partners (CAPL) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for CrossAmerica Partners.

Research analysts covering CrossAmerica Partners.

Recent press releases and 8-K filings for CAPL.

CrossAmerica Partners Announces Q3 2025 Financial Results

CAPL

Earnings

Dividends

Debt Issuance

CrossAmerica Partners reported a 27% increase in Net Income to $13,588 thousand for Q3 2025, compared to $10,708 thousand in Q3 2024.
Adjusted EBITDA decreased by 6% to $41,309 thousand in Q3 2025, while Distributable Cash Flow increased by 2% to $27,773 thousand, resulting in a Distribution Coverage Ratio of 1.39x.
The company's leverage ratio was 3.56x at September 30, 2025, with a credit facility balance of $705.5 million and an effective interest rate of 5.8%.
Capital expenditures for Q3 2025 totaled $6.7 million, with $4.8 million allocated to growth projects.

Nov 6, 2025, 2:00 PM

CrossAmerica Partners Reports Q3 2025 Results

CAPL

Earnings

Debt Issuance

Demand Weakening

CrossAmerica Partners reported a net income of $13.6 million for the third quarter of 2025, an increase from $10.7 million in the prior year, with distributable cash flow rising to $27.8 million. Adjusted EBITDA, however, declined 6% to $41.3 million, partially offset by a $4 million decrease in overall expenses.
The company continued its strategic asset sales, realizing approximately $22 million in proceeds from 29 site divestitures during Q3 2025, primarily used to reduce debt. This lowered the credit facility balance to $705.5 million and improved the credit facility defined leverage ratio to 3.56 times from 4.36 times at the end of 2024.
In the retail segment, gross profit decreased 4% to $80 million, driven by a 5% decline in retail fuel margin to 38.4 cents per gallon and a 4% decrease in same-store retail fuel volume. Conversely, inside sales on a same-site basis increased approximately 3%, and merchandise gross profit rose 5% to $32 million.

Nov 6, 2025, 2:00 PM

CrossAmerica Partners LP Reports Q3 2025 Results with Increased Net Income and Improved Leverage

CAPL

Earnings

Dividends

New Projects/Investments

CrossAmerica Partners LP reported Net Income of $13.6 million, Adjusted EBITDA of $41.3 million, and Distributable Cash Flow of $27.8 million for the third quarter of 2025. Net income increased 27% year-over-year, driven by $7.4 million in net gains from asset sales and reduced interest expense, despite a 6% decline in Adjusted EBITDA.
The company's leverage ratio, as defined in its credit facility, significantly improved to 3.56 times as of September 30, 2025, down from 4.36 times at December 31, 2024.
A quarterly distribution of $0.5250 per limited partner unit was declared for Q3 2025, with a Distribution Coverage Ratio of 1.39 times.
During Q3 2025, CrossAmerica completed approximately $22 million in asset sales, generating a net gain of $7.4 million and contributing to debt reduction and lower operating expenses.

Nov 5, 2025, 9:57 PM

CrossAmerica Partners LP Reports Third Quarter 2025 Results

CAPL

Earnings

Dividends

CrossAmerica Partners LP reported Net Income of $13.6 million for the third quarter of 2025, an increase from $10.7 million in the third quarter of 2024.
Adjusted EBITDA for Q3 2025 was $41.3 million, compared to $43.9 million in Q3 2024, while Distributable Cash Flow increased to $27.8 million from $27.1 million over the same period.
The Distribution Coverage Ratio for the third quarter of 2025 was 1.39 times, up from 1.36 times in the third quarter of 2024.
Leverage, as defined in the CAPL Credit Facility, was 3.56 times as of September 30, 2025, a decrease from 4.36 times as of December 31, 2024.
The Board of Directors declared a quarterly distribution of $0.5250 per limited partner unit attributable to the third quarter of 2025.