M&A
confidence high
sentiment positive
materiality 0.85
APC Q2 net income rises to $12.2M; acquires USPP for ~$205M cash plus stock
ARKO Corp.
- Net income $12.2M vs $10.0M YoY; Adjusted EBITDA $39.8M vs $38.3M; reaffirms FY 2026 guidance.
- Agreed to acquire U.S. Petroleum Partners for ~$205M cash plus inventory cost, plus $30M in APC stock escrow subject to EBITDA targets.
- Acquisition expected to add ~280M gallons annually (14% increase), >400 dealer locations, ~$30M annual Adj. EBITDA, accretive.
- Board declared $0.50/share dividend payable Aug 28, record Aug 18, consistent with $2.00 annual rate.
- 21 ARKO retail sites converted to dealer locations in Q2; total 471 since program inception; ~70 more committed.