CrossAmerica Q2 adjusted EBITDA rises on higher fuel margins - CAPL News | RalliesCrossAmerica Q2 adjusted EBITDA rises on higher fuel margins
C
CAPL• Key details
| Metric | Actual |
|---|
| Q2 Net Income | $20.8 mln |
| Q2 Adjusted EBITDA | $51.8 mln |
- The one available analyst rating on the shares is "hold"
- The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"
- The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 41 three months ago
Operating outlook
- Company says volatile operating environment continues to impact business conditions
Drivers of the quarterly result
- Higher fuel margins - Co said increased motor fuel margin per gallon in both retail and wholesale segments drove adjusted EBITDA growth
- Merchandise profit - Merchandise gross profit increased despite fewer stores, with higher same store sales excluding cigarettes and improved gross profit percentage
- Lower operating expenses - Operating expenses declined in both retail and wholesale segments, attributed to portfolio optimization efforts
Quarterly results and distribution
- U.S. fuels distributor's Q2 adjusted EBITDA rose yr/yr, net income declined on lower real estate gains
- Company raised quarterly distribution to $0.5250 per unit for Q2 2026
- Jonathan Benfield appointed CFO effective July 20, 2026
