📊 CAPL Key Takeaways
Is CrossAmerica Partners LP (CAPL) a Good Investment?
CrossAmerica Partners is in financial distress despite net income improvements. Negative stockholders' equity, severe liquidity crisis (current ratio 0.75x), and $732M debt burden with only $7.3M cash create unsustainable capital structure. Declining revenue and razor-thin margins (1.3% net) in commodity wholesale offer limited cushion for debt service.
CrossAmerica Partners LP shows improving bottom-line results, with net income and diluted EPS rising sharply and free cash flow remaining positive. However, the improvement comes alongside declining revenue, very thin margins, weak liquidity, and a balance sheet where liabilities exceed assets, which limits financial flexibility. Overall, the business appears operationally stable but fundamentally constrained by leverage and low-quality earnings durability.
CrossAmerica Partners LP Key Strengths (CAPL)
- Net income surged 86.3% YoY with EPS growth of 96.2%, indicating operational improvements
- Positive free cash flow generation of $24.5M provides near-term debt service capacity
- Interest coverage ratio of 2.2x suggests current ability to meet debt obligations
- Net income and diluted EPS improved materially year over year, indicating better cost control or margin capture
- Positive operating cash flow and free cash flow support ongoing operations and capital needs
- Gross profit remained solid relative to revenue, showing the core business still generates meaningful spread income
CAPL Stock Risks: CrossAmerica Partners LP Investment Risks
- Negative/critically weak stockholders' equity indicates technical insolvency and financial distress
- Liquidity crisis: current ratio 0.75x and quick ratio 0.36x insufficient for liabilities exceeding $1.1B
- Revenue declined 10.6% YoY amid volatile petroleum markets, compressing already-thin margins
- Extreme leverage with $732M long-term debt against $7.3M cash and $24.5M annual FCF unsustainable long-term
- Net margin of 1.3% leaves minimal operational flexibility for market downturns or unexpected costs
- Liabilities exceed assets, implying negative equity and elevated balance-sheet risk
- Current ratio of 0.72x and quick ratio of 0.33x point to weak short-term liquidity
- Interest coverage of 2.0x and high long-term debt reduce resilience if operating conditions weaken
Key Metrics to Watch
- Stockholders' equity recovery and debt reduction trajectory
- Operating cash flow sustainability relative to debt service obligations
- Current ratio improvement and cash position strengthening
- Revenue stabilization in wholesale petroleum segment
- Interest coverage ratio maintenance above 2.0x
- Interest coverage and long-term debt reduction
- Revenue trend versus operating margin stability
CrossAmerica Partners LP (CAPL) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.9% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
CAPL Profit Margin, ROE & Profitability Analysis
CAPL vs Energy Sector: How CrossAmerica Partners LP Compares
How CrossAmerica Partners LP compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is CrossAmerica Partners LP Stock Overvalued? CAPL Valuation Analysis 2026
Based on fundamental analysis, CrossAmerica Partners LP has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
CrossAmerica Partners LP Balance Sheet: CAPL Debt, Cash & Liquidity
CAPL Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: CrossAmerica Partners LP's revenue has grown significantly by 23% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.05 reflects profitable operations.
CAPL Revenue Growth, EPS Growth & YoY Performance
CAPL Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $841.8M | -$7.1M | $-0.20 |
| Q3 2025 | $971.8M | $5.6M | $0.10 |
| Q2 2025 | $961.9M | -$5.1M | $-0.17 |
| Q1 2025 | $862.5M | -$7.1M | $-0.20 |
| Q3 2024 | $1.1B | $5.6M | $0.10 |
| Q2 2024 | $1.1B | -$979.0K | $-0.17 |
| Q1 2024 | $941.5M | -$979.0K | $-0.04 |
| Q3 2023 | $1.2B | $12.3M | $0.31 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CrossAmerica Partners LP Dividends, Buybacks & Capital Allocation
CAPL SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for CrossAmerica Partners LP (CIK: 0001538849)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CAPL
What is the AI rating for CAPL?
CrossAmerica Partners LP (CAPL) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CAPL's key strengths?
Claude: Net income surged 86.3% YoY with EPS growth of 96.2%, indicating operational improvements. Positive free cash flow generation of $24.5M provides near-term debt service capacity. ChatGPT: Net income and diluted EPS improved materially year over year, indicating better cost control or margin capture. Positive operating cash flow and free cash flow support ongoing operations and capital needs.
What are the risks of investing in CAPL?
Claude: Negative/critically weak stockholders' equity indicates technical insolvency and financial distress. Liquidity crisis: current ratio 0.75x and quick ratio 0.36x insufficient for liabilities exceeding $1.1B. ChatGPT: Liabilities exceed assets, implying negative equity and elevated balance-sheet risk. Current ratio of 0.72x and quick ratio of 0.33x point to weak short-term liquidity.
What is CAPL's revenue and growth?
CrossAmerica Partners LP reported revenue of $841.8M.
Does CAPL pay dividends?
CrossAmerica Partners LP pays dividends, with $20.0M distributed to shareholders in the trailing twelve months.
Where can I find CAPL SEC filings?
Official SEC filings for CrossAmerica Partners LP (CIK: 0001538849) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CAPL's EPS?
CrossAmerica Partners LP has a diluted EPS of $0.26.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CAPL's fundamental grade?
Based on our AI fundamental analysis in June 2026, CrossAmerica Partners LP has a C grade with 79% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is CAPL stock overvalued or undervalued?
Valuation metrics for CAPL: ROE of N/A (sector avg: 14%), net margin of 1.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is CAPL's AI grade for 2026?
Our dual AI analysis gives CrossAmerica Partners LP a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CAPL's free cash flow?
CrossAmerica Partners LP's operating cash flow is $27.9M, with capital expenditures of $3.4M. FCF margin is 2.9%.
How does CAPL compare to other Energy stocks?
Vs Energy sector averages: Net margin 1.3% (avg: 12%), ROE N/A (avg: 14%), current ratio 0.75 (avg: 1.3).