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← CockpitCompetitor Analysis › CAPL CrossAmerica Partners LPOpen in the cockpit ↗

CrossAmerica Partners LPCAPLCompetitor analysis, valuation and peers

United States · USD·Energy›Wholesale Distributors
Momentum weak 34
Mkt cap
$755M
US dollars, full cap
Free float
47%
of shares outstanding
$/day
$780,804
20-day average traded
Fwd P/E
17.6×
forward earnings
ROIC−WACC
+15.0 pp
WACC 5.9%
Hurdle
-30 pp
Req g minus delivered
Next earnings
115 days
1 Mar 2027
Close · USD$19.77
1D+0.3%
1W-12.2%
1M-8.4%
3M-12.5%
6M-8.8%
YTD-4.0%
1Y-1.4%
ATR %2.9%
Beta-0.08
52w lowhigh19.7% off high

What CrossAmerica Partners LP does

Employees: 3,047

CrossAmerica Partners LP at a glance

Size CrossAmerica Partners LP (CAPL) is a United States Energy company (Wholesale Distributors) with a market value of $755M, the 2433rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.77 on 6 Nov 2026.

Performance Over six months the shares fell 8.8%, against -10.5% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 0.3% over the last twelve months (peer median +10.6%); the operating margin is 5.2% (peer median 15.7%).

Valuation It trades at 17.6× forward earnings against a peer median of 9.8× (7th most expensive of 16).

Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -30 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 15.0 points above its cost of capital (5.9% WACC).

Short interest Short interest is 0.2% of the free float (15 Oct 2026).

Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026Peer median 90CAPL 87
Six months, rebased to 100: CrossAmerica Partners LP against the median of its 20 peers (local-currency closes).

CrossAmerica Partners LP financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$3.86B$3.66B$4.10B$4.39B$4.97B
Revenue growth—-11%-7%-12%—
Gross profit$359M$336M$327M$306M$298M
EBITDA$263M$273M$267M$269M$267M
Net income$52.5M$39.1M$19.9M$40.1M$62.0M
Free cash flow$90.3M$55.8M$61.5M$82.5M$131M
Capital expenditure$24.6M$35.7M$26.3M$34.6M$30.4M
Total debt$831M$817M$909M$910M$943M

Quarterly statements and history in the cockpit →

CrossAmerica Partners LP competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-30%-20%-10%TXOPUMPFETASCINRGRNTAESIFTKDECHPKREPXVTSGPRKBORREGYTBNSMCACDCVTOLTKCAPL6-month return →1-month return →
Up and to the right = strong over both horizons. CrossAmerica Partners LP is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×50×100×150×TXOPUMPFETASCINRGRNTFTKDECHPKVTSGPRKEGYSMCCAPLRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CrossAmerica Partners LP is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%50%100%150%TXOFETASCDECREPXVTSVTOLCAPLGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. CrossAmerica Partners LP is the large dot.

CrossAmerica Partners LP competitors and peer comparison

How CrossAmerica Partners LP compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

CrossAmerica Partners LP against its 20 peers (data as of 6 Nov 2026)
MeasureCAPLPeer medianRank in peer set
1-month return-8.4%-15.3%5th highest of 21
6-month return-8.8%-10.5%9th highest of 21
Distance from 52-week high-19.7%-30.4%4th highest of 21
Revenue growth (TTM)+0.3%+10.6%7th lowest of 20
Operating margin5.2%15.7%4th lowest of 20
Forward P/E17.6×9.8×7th most expensive of 16
Growth the price implies (Req g, 7 yrs)-16.1%1.5%least demanding of 9
Growth delivered (Del g)+13.6%+26.9%4th lowest of 9
Hurdle (Req g minus delivered)-29.8 pp-27.4 pp5th least demanding of 9
ROIC minus cost of capital+15.0 pp-1.1 pphighest of 21
EV / EBITDA6.1×5.7×9th most expensive of 19
Net debt / EBITDA3.1×1.7×6th most indebted of 19

Peer table

Peer set: Sector in the same market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
CrossAmerica Partners LP CAPLUnited States$755M-9%0%5%17.6×-16.1%+13.6%
TXO Partners, L.P TXOUnited States$728M+7%+50%23%6.9×-13.3%+36.9%
ProPetro PUMPUnited States$785M-59%-6%0%35.1×n/an/a
Forum Energy Technologies FETUnited States$800M+30%+11%7%12.9×3.5%+9.1%
Ardmore Shipping ASCUnited States$712M-11%+21%29%4.1×-14.9%+7.1%
Infinity Natural Resources INRUnited States$811M-17%+75%44%4.5×n/an/a
Granite Ridge Resources GRNTUnited States$698M+6%+15%21%5.3×n/an/a
Atlas Energy Solutions AESIUnited States$678M-71%-4%-11%n/an/an/a
Flotek Industries FTKUnited States$886M+45%+59%13%21.9×n/an/a
Diversified Energy DECUnited States$899M-19%+109%15%2.1×-0.5%+32.3%
HighPeak Energy HPKUnited States$903M+23%-13%16%24.6×n/an/a
Riley Exploration Permian REPXUnited States$913M+24%+23%39%4.2×-7.1%+164.3%
Vitesse Energy VTSUnited States$623M-17%+11%12%42.9×13.4%+21.5%
GeoPark GPRKUnited States$613M+1%-5%24%9.8×n/an/a
Borr Drilling BORRUnited States$1,000M-45%+3%21%n/an/an/a
VAALCO Energy EGYUnited States$566M-4%-25%9%18.9×n/an/a
Tamboran Resources TBNUnited States$1.01B-19%n/an/an/an/an/a
Summit Midstream SMCUnited States$551M-9%+21%16%147.3×10.9%+7.9%
ProFrac ACDCUnited States$547M-55%-16%-11%n/an/an/a
Bristow VTOLUnited States$1.11B-12%+10%9%8.9×7.5%+45.8%
Teekay TKUnited States$1.11B-10%+16%48%n/an/an/a

Questions

Which companies are CrossAmerica Partners LP's closest peers?
The cockpit's peer set: TXO Partners, L.P (TXO), ProPetro (PUMP), Forum Energy Technologies (FET), Ardmore Shipping (ASC), Infinity Natural Resources (INR), Granite Ridge Resources (GRNT), Atlas Energy Solutions (AESI), Flotek Industries (FTK).
Is CrossAmerica Partners LP expensive compared with its peers?
On forward p/e it trades at 17.6× against a peer median of 9.8×, 7th most expensive of 16 in its peer set. For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -30 pp: the price already allows for a slowdown.
How has CrossAmerica Partners LP stock performed?
Over six months to 6 Nov 2026 the shares returned -8.8% against -10.5% for the median peer; over one year -1.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.