CrossAmerica Partners (CAPL) Operating Expenses (2011 - 2026)
CrossAmerica Partners' Operating Expenses came in at $78.6 million for Q2 2026, down 10.5% from $87.86 million a year earlier and down 1.7% from the prior quarter.
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Analysis
CrossAmerica Partners (CAPL) Operating Expenses (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, CrossAmerica Partners reported Operating Expenses of $327.17 million, down 7.5% year-over-year; for FY2025, it was $349.29 million, up 5.0% from FY2024.
- Operating Expenses has increased in each of the last six years, with a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $332.73 million in FY2024 (+11.3%), $298.94 million in FY2023 (+6.4%), $280.91 million in FY2022 (+15.7%) and $242.86 million in FY2021 (+34.4%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q1 2024.
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with growth averaging 3.3%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 33.3%), and the weakest in Q1 2026 (a decline of 13.9%).
- Business Quant data shows CAPL's Operating Expenses at $79.99 million (Q1 2026), $84.51 million (Q4 2025) and $84.07 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 112.13 Bn | 92.34 Bn | 5.47 Bn | 266.00 Mn |
| 2 | Marathon Petroleum | 109.39 Bn | 99.79 Bn | 9.27 Bn | 45.02 Bn |
| 3 | HF Sinclair | 18.88 Bn | 13.11 Bn | 1.57 Bn | 9.22 Bn |
| 4 | Sunoco | 10.20 Bn | 4.58 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 8.88 Bn | 6.58 Bn | 1.15 Bn | 10.41 Bn |
| 6 | Ultrapar Holdings | 7.63 Bn | 1.41 Bn | 912.61 Mn | -124.47 Mn |
| 7 | Cvr Energy | 5.10 Bn | 2.89 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Icahn Enterprises | 4.88 Bn | -880.12 Mn | - | 3.36 Bn |
| 9 | Delek US Holdings | 4.13 Bn | 1.86 Bn | 365.10 Mn | 3.78 Bn |
| 10 | CrossAmerica Partners | 827.21 Mn | 837.56 Mn | 112.79 Mn | 78.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.60 Mn |
| Mar 31, 2026 | 79.99 Mn |
| Dec 31, 2025 | 84.51 Mn |
| Sep 30, 2025 | 84.07 Mn |
| Jun 30, 2025 | 87.86 Mn |
| Mar 31, 2025 | 92.85 Mn |
| Dec 31, 2024 | 84.16 Mn |
| Sep 30, 2024 | 88.81 Mn |
| Jun 30, 2024 | 82.16 Mn |
| Mar 31, 2024 | 77.59 Mn |
| Dec 31, 2023 | 74.60 Mn |
| Sep 30, 2023 | 76.58 Mn |
| Jun 30, 2023 | 76.57 Mn |
| Mar 31, 2023 | 71.18 Mn |
| Dec 31, 2022 | 69.45 Mn |
| Sep 30, 2022 | 74.77 Mn |
| Jun 30, 2022 | 67.82 Mn |
| Mar 31, 2022 | 68.87 Mn |
| Dec 31, 2021 | 66.68 Mn |
| Sep 30, 2021 | 63.57 Mn |
API Access
CrossAmerica Partners Operating Expenses 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=operating-expenses&ticker=CAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();