Reading the tape
NYSE: CAPL
CrossAmerica Partners LP
Energy · Oil & Gas Refining & Marketing
Market Cap
$786.73M
52w High
$23.62
52w Low
$19.61
P/E
19.09
Volume
2.10K
Outstanding Shares
38.14M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -10.75%Revenue (TTM): 33.79%FCF (TTM): -9.27%P/FCF: 85th pct
What changed
The stock fell 10.75% over the last year. Revenue grew 33.79% over the trailing twelve months. Operating margin moved from 1.72% to 1.78%. Free cash flow declined 9.27% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 1.78%. A decisive move in revenue — currently up 33.79% — would be the clearest signal to resolve the ambiguity.
Company profile
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.
CEOMaura E. Topper
SectorEnergy
IndustryOil & Gas Refining & Marketing
Employees179
IPO dateOct 25, 2012
Valuation
Forward P/E—
EV/EBITDA9.00
Enterprise value$1.69B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth184.56%
Gross margin7.03%▼5.55%vs FY2024
Operating margin1.78%▲227.03%vs FY2024
ROE-58.07%▲27.65%vs FY2024
Analyst consensus
RatingHold
Target price—
6
Buy
8
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.16 · Revenue est $697.31M
View
Dividends
$2.11/shareQuarterly7yr growth streakStretchedCAPL pays a dividend with a 10.2% dividend yield, 7 consecutive years of growth, growing at 0.05% annually, covered 0.7× by free cash flow.
Dividend Yield
10.2%
Annual Div / Share
$2.11
5yr CAGR
+0.05%
Doubles every ~1457.3yr
Payout Ratio
194.44%
Stretched
Dividend Growth Rate
3yr CAGR
+0.08%
5yr CAGR
+0.05%
10yr CAGR
-1.01%
Dividend Safety
2/10Stretched
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$2.10+0.2%
2025$2.10+0.0%
2024$2.10+0.0%
2023$2.10+0.0%
2022$2.10+0.0%
2021$2.10+0.0%
2020$2.10+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$102/yr
$9/mo
In 5 yrs
$102/yr+0%
$9/mo
In 10 yrs
$103/yr+0%
$9/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$102/yr $9/mo | $102/yr+0% $9/mo | $103/yr+0% $9/mo |
Yield-on-cost grows from 10.2% → 10.25% over 10yr
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
High payout ratio
With 194.44% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only 0.69× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.