---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-028083"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T01:42:11.469364+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CrossAmerica Q4 2024 net income $16.9M; full-year Adj. EBITDA $145.5M, down 12% YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-028083
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1538849/000095017025028083/0000950170-25-028083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000095017025028083/capl-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-028083
- JSON: https://secwatch.observer/filing/0000950170-25-028083.json
- Plain text: https://secwatch.observer/filing/0000950170-25-028083.txt

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