CrossAmerica Partners (CAPL) Rent Expense (2011 - 2022)

CrossAmerica Partners (CAPL) has reported Rent Expense for 12 consecutive years, with $22.0 million the latest figure, recorded in Q4 2022.

• For the quarter ending Q4 2022, Rent Expense rose 5.96% year-over-year to $22.0 million; the trailing twelve-month figure through Dec 2022 stood at $36.2 million (down 6.28% YoY), and the FY2022 full-year result was $39.6 million, up 2.63% from the prior year.
• Rent Expense climbed to $22.0 million in Q4 2022 per CAPL's latest filing, from $5.9 million in the prior quarter.
• Across five years, Rent Expense topped out at $22.0 million in Q4 2022 and bottomed at $2.4 million in Q1 2022.
• Historically, Rent Expense has averaged $7.9 million across 5 years, with a median of $6.0 million in 2020.
• The sharpest annual moves came in 2020 and 2022: Rent Expense surged 101.36% in 2020, then tumbled 59.41% in 2022.
• Over 5 years, Rent Expense stood at $4.9 million in 2018, then surged by 63.34% to $8.1 million in 2019, then soared by 101.36% to $16.3 million in 2020, then climbed by 27.29% to $20.7 million in 2021, then increased by 5.96% to $22.0 million in 2022.
• According to Business Quant data, Rent Expense over the past three periods registered $22.0 million, $5.9 million, and $5.9 million for Q4 2022, Q3 2022, and Q2 2022 respectively.