CrossAmerica Q2 net income $25.2M; adj. EBITDA down $5.5M YoY to $37.1M

CrossAmerica Partners LP

2025-Q2 EPS reported $0.44 revenue$1,824,400,000

Net income $25.2M (vs $12.4M) boosted by $28.4M gain on asset sales; adjusted EBITDA fell to $37.1M from $42.6M.
Distributable cash flow $22.4M (vs $26.1M); distribution coverage ratio 1.12x vs 1.30x in Q2 2024.
Leverage improved to 3.65x from 4.36x at Dec 2024; debt reduced by $51M during the quarter.
Sold 60 properties for $64.0M, recording a $29.7M net gain; retained supply agreements on most sites.
Quarterly distribution declared at $0.5250 per unit, unchanged, payable Aug 14, 2025.

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