---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-267180"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:16:24.328037+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CrossAmerica Partners Q3 Net Income $13.6M, Adjusted EBITDA $41.3M; Distribution Coverage 1.39x

## Summary
- Net income $13.6M vs $10.7M Q3 2024; Distributable Cash Flow $27.8M vs $27.1M.
- Retail segment gross profit $80.0M (-4% YoY); motor fuel margin per gal $0.384 (-5% YoY).
- Wholesale segment gross profit $24.8M (-10%); volume 177.7M gal (-5% YoY).
- Sold 29 properties for $21.9M in Q3, net gain $7.4M; proceeds used to reduce debt.
- Leverage improved to 3.56x (from 4.36x Dec 2024); distribution maintained at $0.5250/unit.

## SEC filing metadata
- accession: 0001193125-25-267180
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538849/000119312525267180/0001193125-25-267180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000119312525267180/capl-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-267180
- JSON: https://secwatch.observer/filing/0001193125-25-267180.json
- Plain text: https://secwatch.observer/filing/0001193125-25-267180.txt

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