earnings
confidence high
sentiment negative
materiality 0.75
CrossAmerica Q4 2024 net income $16.9M; full-year Adj. EBITDA $145.5M, down 12% YoY
CrossAmerica Partners LP
2024-FY EPS reported
$0.52
revenue$4,098,288,000
- Q4 2024 net income $16.9M vs $16.7M prior year; Adjusted EBITDA $35.5M vs $47.6M.
- Full year 2024 net income $22.5M, down from $42.6M; Distributable Cash Flow $86.0M vs $116.7M.
- Retail segment gross profit rose 9% to $75.1M in Q4; wholesale segment fell 22% to $25.9M.
- Distribution coverage ratio fell to 1.06x in Q4 from 1.80x; leverage at 4.36x vs 4.21x.
- Sold 30 properties in 2024 for $36.3M proceeds, net gain $23.3M; declared $0.5250/unit distribution.