---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-071725"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:16:29.816771+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CrossAmerica Q4 Adj. EBITDA up 22% to $43.4M; leverage falls to 3.51x

## Summary
- Q4 net income $10.2M vs $16.9M year ago; full-year net income $41.8M vs $22.5M.
- Q4 distributable cash flow $28.5M vs $21.1M; coverage ratio 1.43x vs 1.06x.
- Retail segment gross profit up 10% to $82.9M; wholesale gross profit down 7% to $24.2M.
- FY2025 divested 107 properties for $103.3M proceeds; leverage reduced from 4.36x to 3.51x.
- Quarterly distribution maintained at $0.5250/unit, paid Feb 12, 2026.

## SEC filing metadata
- accession: 0001193125-26-071725
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538849/000119312526071725/0001193125-26-071725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000119312526071725/capl-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-071725
- JSON: https://secwatch.observer/filing/0001193125-26-071725.json
- Plain text: https://secwatch.observer/filing/0001193125-26-071725.txt

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