earnings
confidence high
sentiment neutral
materiality 0.60
CrossAmerica Q4 net income $16.7M, adj. EBITDA $47.6M; full year net income down 33%
CrossAmerica Partners LP
2023-FY EPS reported
$1.05
revenue$4,386,263,000
- Q4 2023 net income $16.7M (vs $17.1M YoY); adjusted EBITDA $47.6M (vs $44.3M).
- Full year 2023 net income $42.6M, down from $63.7M; adjusted EBITDA $165.8M vs $179.8M.
- Retail segment Q4 gross profit $69.0M (+14% YoY); wholesale $33.0M (flat).
- Leverage ratio 4.2x at Dec 2023, up from 3.7x a year earlier.
- Distribution coverage ratio Q4 1.80x; full year 1.46x vs 1.77x in 2022.