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CrossAmerica Partners vs PTL: revenue, profit, margins and growth compared

CrossAmerica Partners brought in $3.7B of revenue in fiscal 2025, PTL $71.6M in fiscal 2025. Revenue changed by -10.6% at CrossAmerica Partners and -27.0% at PTL on the year before, so CrossAmerica Partners grew faster. CrossAmerica Partners kept 1.1% of its revenue as net profit, PTL -1.6%.

Side by side, latest fiscal year

CAPLPTLE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.7B$71.6M
Revenue growth-10.6%-27.0%
Net income$41.8M-$1.2M
Net margin1.1%-1.6%
Free cash flow$55.8Mn/a
Free cash flow margin1.5%n/a
Earnings per share (diluted)$1.02-$0.04
Cash$3.1M$1.1M
Debt$693.5Mn/a
Price to earnings21.1n/a
Market value$820M$44.9M
Dividend yieldn/an/a
Rank by revenue in sector#41 of 129 · Energy#119 of 129 · Energy

Over the years

Revenue
CAPL FY2018: $2.4BCAPL FY2019: $2.1BCAPL FY2020: $1.9BCAPL FY2021: $3.6BCAPL FY2022: $5BCAPL FY2023: $4.4BCAPL FY2024: $4.1BCAPL FY2025: $3.7BPTLE FY2022: $74.8MPTLE FY2024: $102.1MPTLE FY2024: $98.1MPTLE FY2025: $71.6MFY18FY19FY20FY21FY22FY23FY24FY25
CAPL $3.7BPTLE $71.6M
Net income
CAPL FY2018: $5.3MCAPL FY2019: $18.1MCAPL FY2020: $107.5MCAPL FY2021: $21.7MCAPL FY2022: $63.7MCAPL FY2023: $42.6MCAPL FY2024: $22.5MCAPL FY2025: $41.8MPTLE FY2022: $391.1KPTLE FY2024: $936.1KPTLE FY2024: -$5MPTLE FY2025: -$1.2MFY18FY19FY20FY21FY22FY23FY24FY25
CAPL $41.8MPTLE -$1.2M
Net margin
CAPL FY2018: 0.2%CAPL FY2019: 0.8%CAPL FY2020: 5.6%CAPL FY2021: 0.6%CAPL FY2022: 1.3%CAPL FY2023: 1.0%CAPL FY2024: 0.5%CAPL FY2025: 1.1%PTLE FY2022: 0.5%PTLE FY2024: 0.9%PTLE FY2024: -5.1%PTLE FY2025: -1.6%FY18FY19FY20FY21FY22FY23FY24FY25
CAPL 1.1%PTLE -1.6%
Revenue growth
CAPL FY2019: -12.1%CAPL FY2020: -10.1%CAPL FY2021: +85.2%CAPL FY2022: +38.8%CAPL FY2023: -11.7%CAPL FY2024: -6.6%CAPL FY2025: -10.6%PTLE FY2024: +36.5%PTLE FY2024: -3.9%PTLE FY2025: -27.0%FY19FY20FY21FY22FY23FY24FY25
CAPL -10.6%PTLE -27.0%
Free cash flow
CAPL FY2018: $76MCAPL FY2019: $47.7MCAPL FY2020: $67.4MCAPL FY2021: $53.6MCAPL FY2022: $131MCAPL FY2023: $82.5MCAPL FY2024: $61.5MCAPL FY2025: $55.8MFY18FY19FY20FY21FY22FY23FY24FY25
CAPL $55.8MPTLE

Fiscal years as each company reports them; the two may end in different months.

Questions about CrossAmerica Partners and PTL

Which is bigger by revenue, CrossAmerica Partners or PTL?

CrossAmerica Partners is bigger by revenue: $3.7B in fiscal 2025, against $71.6M for PTL in fiscal 2025.

Which keeps more of its revenue as profit, CrossAmerica Partners or PTL?

CrossAmerica Partners had a net margin of 1.1% in fiscal 2025; PTL had -1.6% in fiscal 2025.

Which grew revenue faster, CrossAmerica Partners or PTL?

In their latest fiscal years revenue changed by -10.6% at CrossAmerica Partners and -27.0% at PTL.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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