---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-008604"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:39:02.400016+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CrossAmerica Q1 2022 operating income $9.7M, adjusted EBITDA $32M, both up strongly YoY

## Summary
- Operating income $9.7M vs. ($0.9M) loss in Q1 2021; net income $5.0M ($0.13/diluted unit) vs. ($4.0M) loss.
- Adjusted EBITDA $32.0M (+55% YoY); distributable cash flow $24.2M (+53% YoY).
- Wholesale gross profit $46.9M on 320.2M gallons (+10% vol, margin 10.2¢/gal +40% YoY).
- Retail gross profit $32.7M (+66% YoY); same-store retail fuel gallons +4%.
- Distribution coverage ratio 1.22x for Q1 and 1.39x TTM; quarterly distribution $0.5250/unit.

## SEC filing metadata
- accession: 0000950170-22-008604
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538849/000095017022008604/0000950170-22-008604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000095017022008604/capl-20220509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-008604
- JSON: https://secwatch.observer/filing/0000950170-22-008604.json
- Plain text: https://secwatch.observer/filing/0000950170-22-008604.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.