CrossAmerica Partners LP (CAPL) intrinsic value & 10-year financials
CrossAmerica Partners LP (CAPL) has a Graham intrinsic value of $33.88 per share. At $21.68 on Oct 17, 2026, the stock trades 36% below that value. Over the last 10 fiscal years revenue grew 7.8% a year to $3.7B.
- Graham intrinsic value
- $33.88
- Share price (Oct 17, 2026)
- $21.68
- Price vs Graham value
- 36% below
- Market cap
- $829.2M
- Revenue (FY2025)
- $3.7B
- Revenue growth (10-yr CAGR)
- 7.8%
- Free cash flow (FY2025)
- $55.8M
CAPL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.7B | $41.8M | $1.02 | $55.8M | 2.7% | — |
| FY2024 | $4.1B | $22.5M | $0.52 | $61.5M | 1.7% | — |
| FY2023 | $4.4B | $42.6M | $1.05 | $82.5M | 2.0% | — |
| FY2022 | $5.0B | $63.7M | $1.63 | $131.0M | 1.9% | — |
| FY2021 | $3.6B | $21.7M | $0.57 | $53.6M | 1.0% | — |
| FY2020 | $1.9B | $107.5M | — | $67.4M | 6.0% | — |
| FY2019 | $2.1B | $18.1M | — | $47.7M | 2.0% | — |
| FY2018 | $2.4B | $5.3M | — | $76.0M | 1.4% | — |
| FY2017 | $2.1B | $23.2M | — | $76.5M | 1.5% | — |
| FY2016 | $1.9B | $10.7M | $0.22 | $58.7M | 1.7% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CrossAmerica Partners LP has demonstrated mature, steady growth, with revenue compounding at 7.8% annually over the past decade.
CrossAmerica Partners LP 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
Over the decade, CrossAmerica Partners LP shows that management has aggressively returned capital to shareholders by retiring 21.4% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, CrossAmerica Partners LP is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $33.88 per share.