Crossamerica Partners Valuation
| CAPL Stock | USD 20.87 -0.09 -0.43% |
Aligned With Model
Today
Please note that Crossamerica Partners' price fluctuation is Very Low at this time. Our intrinsic value estimate for Crossamerica Partners is anchored to a 3 months horizon. Increasing the horizon tends to sharpen the value estimate.
Value Estimates Divergence
Crossamerica Partners's market price of $20.87 compares with a model-derived intrinsic value estimate near $20.6 per share, reading as aligned with model. The primary driver behind Crossamerica Partners's valuation is a return on equity of -55% and is then cross-checked against technical indicators and Probability Of Bankruptcy.| Historical | Market 20.87 | Intrinsic 20.6 | Target 20.0 | Sentiment 20.87 | Naive 20.92 | DCF 20.62 |
Crossamerica Partners intrinsic value anchors the valuation to financial performance rather than market sentiment. The DCF-based estimate is most sensitive to assumptions about long-term growth rate and the weighted average cost of capital.
Forecasting the upside and downside scenarios for Crossamerica Partners LP allows investors to calibrate position sizing. For Crossamerica, the width of the upside-downside range signals how much consensus disagrees about future operating performance.
For Crossamerica Partners, DCF-based intrinsic value and relative multiples each answer a different valuation question. An intrinsic value estimate based on Crossamerica Partners' projected cash flows is cross-checked against peer multiples.
Main Profitability Drivers
Crossamerica Partners' net margin stands at 0.69%, with operating margin at 5.91%. The 5.22 percentage-point gap between operating and net margins points to non-operating costs such as interest expense or taxes reducing bottom-line profitability. On 3.66 Billion of revenue, Crossamerica Partners earned 402.71 Million in gross profit and 41.83 Million on the bottom line. Return on equity is -55.00% and return on assets is 4.55%, providing a view of how efficiently Crossamerica Partners' capital and asset base are deployed. The profitability landscape for Crossamerica Partners is neither uniformly strong nor uniformly weak, suggesting a transitional period. A more granular view is available in Crossamerica Partners' profitability metrics for a broader perspective on earnings quality.
Price Book 255.9596 | Gross Profit | Price Sales 0.2379 | Profit Margin | Enterprise Value Revenue 0.4394 |
Crossamerica Partners Cash | 5.24 Million |
Cash stood at 3.14 Million as of December 31, 2025.
Revenue by Product
Revenue for Crossamerica Partners breaks down into 3 product-level segments. The largest contributor is Fuel Sales To External Customers at 746.32 Million (87.6% of revenue), with Food And Merchandise Sales accounting for 99.1 Million (11.6%). With the top segment exceeding 60% of revenue, Crossamerica Partners' earnings are heavily concentrated in a single product line.Crossamerica Partners operates as an energy business where revenue is driven by commodity prices, production volumes, and refining or extraction margins. Positioned as an income-oriented stock within Oil, Gas & Consumable Fuels, its dividend characteristics are relevant to income-focused portfolios. What follows breaks down capital structure, margins, and earnings quality to assess whether current pricing is supported by fundamentals.
Total Value Analysis
Crossamerica Partners LP currently shows enterprise value of 1.61 B, market capitalization of 795.88 M, debt of 907.9 M, and cash and equivalents of 3.57 M as of latest reporting. This capital-structure snapshot is most informative when tested against operating margins, cash generation, and debt servicing capacity.| Takeover Price | Market Cap | Debt Obligations | Cash & Equivalents |
1.61 B | 795.88 M | 907.9 M | 3.57 M |
Investor Information
About 52.0% of CAPL shares are held by company insiders. CAPL had its last dividend issued on the 4th of May 2026. Liquidity coverage and operating returns support Crossamerica Partners LP maintaining serviceable financial positioning. Asset returns are positive but modest, indicating room for margin improvement.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.0591 | 0.0563 |
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| Total Cash From Operating Activities | 79.9 M | 91.5 M |
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| Operating Income | 216.5 M | 206.2 M |
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Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Crossamerica Partners has an asset utilization ratio of 379.64 percent. This suggests that the Company is making $3.8 for each dollar of assets. An increasing asset utilization means that Crossamerica Partners LP is more efficient with each dollar of assets it utilizes for everyday operations.Macro event markers
Discounted Cash Flow Analysis
Crossamerica Partners trades above its custom levered DCF estimate, with implied equity value per share of 20.62 versus a market price of 20.87. Relative to the modeled value, the stock sits roughly 1.2% higher. The model discounts levered cash flows at 5.22% and assumes terminal growth of 1.0%, while forward free cash flow is near 75.54 Million. Projected discounted levered cash flows total about 305.91 Million, while the terminal value contributes around 81.9% of enterprise value. so the output stays sensitive to long-run assumptions. Terminal value driving 81.9% of the total means the output is heavily influenced by perpetual growth and discount rate assumptions beyond the explicit forecast horizon.Model Value / Share
20.62
Equity value per share from the current custom levered DCF summary row.
Market Price
20.87
Current market price used by the same scenario.
Model Premium
1.2%
Market price sits above the model output.
WACC / LT Growth
5.22% / 1.0%
Forecast horizon: 2021 to 2030Terminal value share of EV: 81.9%
Crossamerica Market Price vs. Intrinsic Value
This chart compares observed market pricing with the model-derived equity value per share across forecast periods. It also illustrates the relative premium or discount, expressed as a percentage difference between market valuation and modeled intrinsic value.
Projected Revenue and Levered Free Cash Flow
Revenue and levered free cash flow projections are presented in billions, outlining the expected financial trajectory over the modeled horizon.
Key Model Assumptions
The inputs below reflect the core assumptions applied in the valuation model, including growth expectations, discount rates, and capital structure considerations.
| Input | Current Value |
|---|---|
| Weighted Average Cost of Capital | 5.22% |
| Long-Term Growth Rate | 1.0% |
| Cost of Equity | 5.51% |
| After-Tax Cost of Debt | 4.43% |
| Debt Weighting | 53.21% |
| Equity Weighting | 46.79% |
| Net Debt | 904.76 Million |
| Enterprise Value | 1.69 Billion |
| Present Terminal Value | 1.39 Billion |
| Terminal Value Share of EV | 81.9% |
Forecast Detail and Valuation Progression
This table presents the underlying forecast data used in the valuation, including revenue, cash flow generation, discounting effects, and the resulting per-share value across each projected period.
| Year | Revenue | Revenue Growth | Free Cash Flow | PV of LFCF | Equity Value / Share |
|---|---|---|---|---|---|
| 2021 | 3.58 Billion | 0.00% | 53.61 Million | 0.0 | 20.32 |
| 2022 | 4.97 Billion | 38.78% | 130.97 Million | 0.0 | 20.50 |
| 2023 | 4.39 Billion | -11.70% | 82.45 Million | 0.0 | 20.86 |
| 2024 | 4.1 Billion | -6.57% | 61.46 Million | 0.0 | 20.32 |
| 2025 | 3.66 Billion | -10.63% | 55.77 Million | 0.0 | 21.12 |
| 2026 | 3.75 Billion | 2.47% | 67.83 Million | 64.46 Million | 20.62 |
| 2027 | 3.85 Billion | 2.47% | 69.51 Million | 62.78 Million | 20.62 |
| 2028 | 3.94 Billion | 2.47% | 71.22 Million | 61.14 Million | 20.62 |
| 2029 | 4.04 Billion | 2.47% | 72.98 Million | 59.54 Million | 20.62 |
| 2030 | 4.14 Billion | 2.47% | 74.79 Million | 57.99 Million | 20.62 |
Profitability Analysis
Based on Crossamerica Partners' financial statements, Crossamerica Partners LP is marginally profitable with a thin net margin of 0.69% and operating margin of 5.91%, leaving limited cushion against cost increases or revenue softness. Return on equity is -55.0%. Profitability trends are stable, with recent metrics holding near prior-year levels.Net Income | First Reported 2011-03-31 | Previous Quarter 13.6 M | Current Value 10.2 M | Quarterly Volatility 12 M |
Macro event markers
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.055 | 0.0918 |
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| Operating Profit Margin | 0.0591 | 0.0563 |
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Crossamerica Partners profitability is assessed through margins, return on equity, and asset efficiency. Net margin of 0.69% is thin, leaving limited cushion against cost increases or revenue softness. The data below separates structural profitability from one-time items and cyclical effects. Crossamerica Partners reports return on equity of -55.0%, reflecting negative returns on shareholder capital.
Earnings per Share Projection vs Actual
EPS projections for Crossamerica Partners aggregate analyst models into a benchmark against which actual results are measured. Return on equity of 75.24% provides context for how efficiently Crossamerica Partners generates earnings from shareholder capital. The EPS consensus for Crossamerica Partners LP reflects normalized analyst expectations. Comparing this estimate against the current net margin profile (0.69%), guidance revisions, and prior forecast error reveals whether the market is pricing in improvement, stability, or deterioration. Crossamerica Partners reported estimated earnings of 0.21 in earnings per share on 30th of June 2026. This estimate serves as the benchmark against which the next reported result will be judged by the market.Macro event markers
Earnings Estimation Breakdown
1 analyst contributes to the current consensus. The last reported EPS was 0.00 as of 31st of March 2026.
Last Reported EPS
0.21
Lowest
0.21
Expected EPS
0.21
Highest
Analyst estimate range around the current expected EPS projection.
Earnings Projection Consensus
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2026 | Current EPS (TTM) | |
| 1 | 48.52% | 0.00 | 0.21 | 1.02 |
Ownership Allocation
Crossamerica Partners maintains a considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.Revenue and Profit Overview
CAPL reported previous year's revenue of 3.66 B. Net Income was 41.83 M with profit before overhead, payroll, taxes, and interest of 402.71 M.Historical Distributions to Stockholders
Analyzing how the company distributes profits can provide insight into shareholder return strategy. A stable payout record can reinforce investor confidence in long-term financial performance. Investors seeking more dividend information can also review the company dividend history.
| 12th of February 2026 | ||
| 13th of November 2025 | ||
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| 31st of December 2024 | ||
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| 9th of August 2024 | ||
| 10th of May 2024 |
What the Data Shows
A 6.93 earnings multiple signals caution about near-term earnings power, a discount the market routinely applies to energy producers navigating commodity price cycles, geopolitical supply dynamics, and regulatory transition risk. This pricing is consistent with how the sector values businesses where profitability is supported by scale, recurring revenue, and platform economics. Thin margins at 0.69% reflect the cost structure inherent in its commodity-linked production model - small changes in input costs or pricing can significantly affect profitability. Margins at this level are characteristic of the sector and consistent with the operating model. Low valuation multiples are consistent with Crossamerica Partners being priced as a value-oriented holding - the market expects limited growth, though rerating potential exists if operating trends improve. Current pricing embeds an expectation of limited or declining earnings momentum. A shift in production economics and viability under different commodity price scenarios would alter the balance between what the market has priced in and what ultimately materializes.
Combined Signal Overview
Crossamerica Partners LP fits the profile of a lower-margin energy producers where revenue scale and cost discipline are critical to value creation, a positioning that shapes how energy producers are valued. The business is profitable, though margins point to limited pricing power or elevated cost pressure relative to revenue. Across the key dimensions, Crossamerica Partners is positioned where production economics and viability under different commodity price scenarios will be the primary catalyst for any improvement in valuation.
These valuation inputs for Crossamerica Partners LP should be revisited as new filings and market data become available. With multiples below the broader market, the question is whether low pricing reflects a value opportunity or a structural headwind.
Valuation Framework, Methodology & Assumptions
Crossamerica Partners is a small-cap equity in Oil & Gas Storage & Transportation, Oil & Gas Refining & Marketing, Energy categories. Growth expectations are weighed against macro conditions. Lower beta characteristics could moderate reactions to large market movements. Valuation context for Crossamerica Partners is currently framed by P/S of 0.24.
Crossamerica Partners LP values are built from periodic company reporting and market reference feeds, with reporting definitions aligned before display. Analyst projections are included when active coverage applies. Valuation outputs are model-derived and depend on published assumptions and reference inputs.
The analysis above is generated by quantitative models and is provided for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an endorsement to buy or sell any security. All investing involves risk, including the possible loss of principal. Consult a qualified financial advisor before making investment decisions. See our Terms of Use for full details.
Financial data referenced in this analysis is derived from publicly available SEC filings, audited financial statements, and third-party market data providers. The intrinsic value estimate is generated by Macroaxis quantitative models that incorporate fundamental analysis, technical indicators, and risk metrics.
The methodology combines multiple analytical inputs:
- Fundamental analysis - financial statements, profitability ratios, debt structure, and cash flow metrics sourced from SEC filings and public financial reports
- Technical indicators - historical price patterns, momentum signals, and volatility measures
- Risk assessment - probability of bankruptcy models, market risk metrics, and downside scenario analysis
- Peer comparison - relative valuation against industry peers using standardized multiples
Model outputs are refreshed periodically as new financial data becomes available. Past model performance is not indicative of future results. The intrinsic value estimate reflects a point-in-time calculation and should be considered alongside other research and professional advice.
Data sourced from SEC filings (EDGAR), public financial statements, and market data providers.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
Growth Indicators
The market case for Crossamerica Partners LP appears tied more to rebuilding earnings power than to investors paying up for a high-expectation growth profile. A disciplined review here compares growth rates with margin repair, leverage, and execution quality before treating the setup as a durable expansion story.
| Common Stock Shares Outstanding | 38.2 M | |
| Quarterly Earnings Growth Y O Y | -40.50% |
Crossamerica Partners Current Valuation Indicators
The intrinsic value of Crossamerica Partners LP is estimated using multiple approaches, including discounted cash flow analysis, relative valuation multiples, and balance sheet-based methods, each reflecting different assumptions about earnings durability, capital structure, and future cash generation. Earnings multiples, cash-flow yields, and asset-based measures work best as a group rather than in isolation. Reported values are derived from company filings, audited financial statements, and market data, and are standardized within Macroaxis quantitative models for consistency. Model outputs reflect a point-in-time estimate based on available data and assumptions and should be interpreted alongside changes in operating performance, market conditions, and forward expectations.