Crossamerica Partners LP (CAPL) - Net Assets
Based on the latest financial reports, Crossamerica Partners LP (CAPL) has net assets worth $-78.45 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.00 Billion) and total liabilities ($1.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Crossamerica Partners LP (CAPL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-78.45 Million |
| % of Total Assets | -7.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | -227.37% |
| 10-Year Change | -132.62% |
| Growth Volatility | 312.76 |
Crossamerica Partners LP - Net Assets Trend (2010–2025)
This chart illustrates how Crossamerica Partners LP's net assets have evolved over time, based on quarterly financial data. See CAPL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Crossamerica Partners LP (2010–2025)
The table below shows the annual net assets of Crossamerica Partners LP from 2010 to 2025. For live valuation and market cap data, see CAPL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-72.04 Million | -190.68% |
| 2024-12-31 | $-24.78 Million | -924.18% |
| 2023-12-31 | $3.01 Million | -96.20% |
| 2022-12-31 | $79.13 Million | +39.91% |
| 2021-12-31 | $56.56 Million | -48.43% |
| 2020-12-31 | $109.67 Million | +39.89% |
| 2019-12-31 | $78.40 Million | -29.33% |
| 2018-12-31 | $110.93 Million | -35.13% |
| 2017-12-31 | $171.02 Million | -22.55% |
| 2016-12-31 | $220.81 Million | -17.87% |
| 2015-12-31 | $268.86 Million | +41.14% |
| 2014-12-31 | $190.49 Million | +101.21% |
| 2013-12-31 | $94.67 Million | +550.88% |
| 2012-12-31 | $14.54 Million | +144.50% |
| 2011-12-31 | $-32.69 Million | -16.00% |
| 2010-12-31 | $-28.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crossamerica Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-1.05 Million | % |
| Other Components | $30.29 Million | % |
| Total Equity | $-72.04 Million | 100.00% |
Crossamerica Partners LP Competitors by Market Cap
The table below lists competitors of Crossamerica Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
indie Semiconductor Inc
NASDAQ:INDI
|
$830.36 Million |
|
Apotea
ST:APOTEA
|
$830.46 Million |
|
STEVANATO GROUP SPA O.N.
F:87N
|
$831.06 Million |
|
Shenzhen Sea Star Technology
SHE:002137
|
$831.55 Million |
|
Atos SE
PA:ATO
|
$830.09 Million |
|
Yijiahe Technology Co Ltd
SHG:603666
|
$830.09 Million |
|
Huangshan Tourism Development Co Ltd A
SHG:600054
|
$829.99 Million |
|
Jiangsu Yawei Machine Tool Co Ltd
SHE:002559
|
$829.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crossamerica Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -24,783,000 to -72,039,000, a change of -47,256,000.
- Net income of 41,833,000 contributed positively to equity growth.
- Dividend payments of 80,291,000 reduced retained earnings.
- Other comprehensive income decreased equity by 8,643,000.
- Other factors decreased equity by 155,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $41.83 Million | +58.07% |
| Dividends Paid | $80.29 Million | -111.45% |
| Other Comprehensive Income | $-8.64 Million | -12.0% |
| Other Changes | $-155.00K | -0.22% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Crossamerica Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $-1.87 | $21.76 | x |
| 2011-12-31 | $-2.17 | $21.76 | x |
| 2012-12-31 | $0.97 | $21.76 | x |
| 2013-12-31 | $6.19 | $21.76 | x |
| 2014-12-31 | $9.56 | $21.76 | x |
| 2015-12-31 | $9.24 | $21.76 | x |
| 2016-12-31 | $6.62 | $21.76 | x |
| 2017-12-31 | $5.05 | $21.76 | x |
| 2018-12-31 | $3.23 | $21.76 | x |
| 2019-12-31 | $2.28 | $21.76 | x |
| 2020-12-31 | $2.93 | $21.76 | x |
| 2021-12-31 | $1.49 | $21.76 | x |
| 2022-12-31 | $2.08 | $21.76 | x |
| 2023-12-31 | $0.08 | $21.76 | x |
| 2024-12-31 | $-0.65 | $21.76 | x |
| 2025-12-31 | $-1.88 | $21.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crossamerica Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.14%
- • Asset Turnover: 3.80x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (99.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -0.42% | 4.63x | 0.00x | $-2.21 Million |
| 2011 | 0.00% | 0.61% | 6.04x | 0.00x | $13.18 Million |
| 2012 | -24.71% | -0.22% | 5.15x | 21.71x | $-5.05 Million |
| 2013 | 19.09% | 0.93% | 4.94x | 4.14x | $8.60 Million |
| 2014 | -3.23% | -0.23% | 4.41x | 3.17x | $-25.21 Million |
| 2015 | 4.26% | 0.52% | 2.60x | 3.17x | $-15.44 Million |
| 2016 | 4.85% | 0.57% | 2.01x | 4.22x | $-11.38 Million |
| 2017 | 13.54% | 1.11% | 2.21x | 5.54x | $6.06 Million |
| 2018 | 4.73% | 0.21% | 2.82x | 7.81x | $-5.84 Million |
| 2019 | 23.06% | 0.84% | 2.25x | 12.20x | $10.24 Million |
| 2020 | 97.98% | 5.56% | 1.79x | 9.87x | $96.49 Million |
| 2021 | 38.29% | 0.60% | 2.67x | 23.68x | $16.00 Million |
| 2022 | 78.31% | 1.25% | 3.95x | 15.89x | $54.06 Million |
| 2023 | 1333.69% | 0.91% | 3.71x | 392.98x | $39.80 Million |
| 2024 | 0.00% | 0.49% | 3.68x | 0.00x | $22.37 Million |
| 2025 | 0.00% | 1.14% | 3.80x | 0.00x | $49.04 Million |
Industry Comparison
This section compares Crossamerica Partners LP's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $2,980,320,556
- Average return on equity (ROE) among peers: 8.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crossamerica Partners LP (CAPL) | $-78.45 Million | 0.00% | N/A | $830.24 Million |
| ARKO Petroleum Corp. (APC) | $-42.05 Billion | 0.00% | 0.00x | $245.62 Million |
| Clean Energy Fuels Corp (CLNE) | $465.04 Million | -19.28% | 1.50x | $416.22 Million |
| Cosan SA ADR (CSAN) | $48.17 Billion | 2.44% | 1.79x | $3.96 Billion |
| CVR Energy Inc (CVI) | $888.00 Million | 0.79% | 3.80x | $2.87 Billion |
| HF Sinclair Corp (DINO) | $6.51 Billion | 11.87% | 0.87x | $12.00 Billion |
| Delek US Energy Inc (DK) | $41.90 Million | -1.19% | 4.59x | $2.70 Billion |
| Delek Logistics Partners LP (DKL) | $-110.70 Million | 0.00% | 0.00x | $2.67 Billion |
| Delixy Holdings Limited Ordinary Shares (DLXY) | $1.82 Million | 63.12% | 4.72x | $3.23 Million |
| Icahn Enterprises LP (IEP) | $12.90 Billion | 15.80% | 0.81x | $4.41 Billion |
About Crossamerica Partners LP
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. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers and independent dealers.… Read more