CrossAmerica Partners (CAPL) Gross Margin (2014 - 2026)
CrossAmerica Partners (CAPL) recorded Gross Margin of 8.47% in Q3 2026, down 2.32 percentage points from 10.78% a year earlier and down 1.10 percentage points from the prior quarter.
CrossAmerica Partners (CAPL) Gross Margin (2014 - 2026) Analysis & Trends
On a TTM basis, CrossAmerica Partners' Gross Margin came in at 10.26% as of Sep 30, 2026, down 0.34 percentage points year-over-year; for FY2025, it was 11.00%, up 1.28 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +0.02 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 9.72% in FY2024 (+1.00 pp), 8.72% in FY2023 (+1.15 pp), 7.56% in FY2022 (-0.17 pp) and 7.74% in FY2021 (-3.24 pp).
- The Q3 2026 figure is the lowest quarterly Gross Margin since Q3 2023.
- On a year-over-year basis, Gross Margin rose in six of the last eight quarters, with an average year-over-year change of +0.47 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.50 percentage points in Q2 2023, against a drop of 2.70 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.57% (Q2 2026), 11.60% (Q1 2026) and 12.37% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 108.78 Bn | 81.58 Bn | 12.69 Bn | 22.47% |
| 2 | Valero Energy | 101.48 Bn | 73.34 Bn | 9.41 Bn | 20.41% |
| 3 | HF Sinclair | 17.55 Bn | 9.83 Bn | 3.15 Bn | 29.03% |
| 4 | Sunoco | 8.51 Bn | 5.36 Bn | 1.56 Bn | 8.65% |
| 5 | PBF Energy | 8.25 Bn | 3.75 Bn | 2.17 Bn | 17.89% |
| 6 | Ultrapar Holdings | 5.89 Bn | -1.35 Bn | 912.61 Mn | 11.12% |
| 7 | Delek US Holdings | 3.99 Bn | 1.48 Bn | 365.10 Mn | 8.93% |
| 8 | Cvr Energy | 3.92 Bn | 882.00 Mn | 783.00 Mn | 23.86% |
| 9 | Icahn Enterprises | 3.47 Bn | -2.79 Bn | - | - |
| 10 | CrossAmerica Partners | 729.59 Mn | 706.35 Mn | 101.13 Mn | 8.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.47% |
| Jun 30, 2026 | 9.57% |
| Mar 31, 2026 | 11.60% |
| Dec 31, 2025 | 12.37% |
| Sep 30, 2025 | 10.78% |
| Jun 30, 2025 | 10.50% |
| Mar 31, 2025 | 10.41% |
| Dec 31, 2024 | 10.69% |
| Sep 30, 2024 | 10.31% |
| Jun 30, 2024 | 9.24% |
| Mar 31, 2024 | 8.64% |
| Dec 31, 2023 | 10.06% |
| Sep 30, 2023 | 8.30% |
| Jun 30, 2023 | 8.53% |
| Mar 31, 2023 | 8.08% |
| Dec 31, 2022 | 8.29% |
| Sep 30, 2022 | 9.00% |
| Jun 30, 2022 | 6.03% |
| Mar 31, 2022 | 7.21% |
| Dec 31, 2021 | 7.54% |
CrossAmerica Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();