CrossAmerica Partners (CAPL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CrossAmerica Partners

NYSE•Energy•Oil & Gas Refining & Marketing

$23.00+0.15(0.01%)Pre-market

Market Cap

$848.17M

P/E

15.4x

P/S

0.2x

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers and independent dealers. The Retail segment is involved in the sale of convenience merchandise; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. The company was founded in 1992 and is based in Allentown, Pennsylvania.

How this company scores

WeakMetricSide Score: 60/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability11/25

Growth15/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowRising earningsCash-backed earningsConsistent free cash flow

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.4x5y range 11.8x – 40.9x

Currently near its 20-quarter median.

P/S · 0.2x5y range 0.1x – 0.2x

Currently near its 20-quarter median.

P/B · 287.9x5y range 12.4x – 287.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Red Flag

Revenue declined in 6 of the last 7 quarters — persistent contraction signals a fundamental problem.

Price & Volume

Market Cap $848.17M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.86B
Q. Revenue: $1.18B
TTM EBITDA: $186.95M
TTM Op. Income: $113.17M
Q. Op. Income: $35.27M
TTM Net Income: $55.25M
Q. Net Income: $20.81M
EPS: $0.53
Shares Out.: $38.15M

$3.86B in TTM revenue grew 0.3% YoY, reaching $1.18B last quarter. TTM EBITDA of $186.95M and TTM operating income of $113.17M show growth is flowing through to the bottom line. TTM net income of $55.25M means revenue is converting into profit. Over the past year, TTM revenue is up 0% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 9.6%
EBITDA Margin: 4.4%
Op. Margin: 3.0%
Net Margin: 1.8%

Op. margin of 3.0% is down 1.3% YoY — costs are rising relative to revenue. Net margin at 1.8% and gross margin of 9.6% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 31% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.4x
P/S Ratio: 0.2x
P/B Ratio: N/A

At 15.4x P/E, the stock trades within typical market levels. P/S of 0.2x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 12% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $981.99M
Cash: $4.92M
Long-Term Debt: $720.80M
Book Value: $-107.20M
D/E Ratio: N/A
Debt/EBITDA: 13.9

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $33.23M
TTM Free Cash Flow: $90.26M
FCF Margin: 2.3%
FCF / Net Income: 1.6

TTM FCF of $90.26M on $33.23M in operating cash flow. The FCF / Net Income ratio of 1.6x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.