CAPL (CrossAmerica Partners LP) Debt-to-Equity: -7.74 (As of Mar. 2026)

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CAPL CrossAmerica Partners LP CAPL
70 GF Score
Price $22.21
GF Value $17.96
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CrossAmerica Partners LP Debt-to-Equity?

CrossAmerica Partners LP CAPL +1.97% 70 Debt-to-Equity is -7.74 as of Mar. 2026. GuruFocus rates CAPL with a GF Score™ of 70/100 and a GF Value™ of $17.96 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 798 Oil & Gas companies, CrossAmerica Partners LP ranks worse than 125313.16% on this metric.

CrossAmerica Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $35 Mil. CrossAmerica Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $812 Mil. CrossAmerica Partners LP's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-109 Mil. CrossAmerica Partners LP's debt to equity for the quarter that ended in Mar. 2026 was -7.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CrossAmerica Partners LP's Debt-to-Equity or its related term are showing as below:

CAPL' s Debt-to-Equity Range Over the Past 10 Years
Min: -31.44   Med: 5.26   Max: 1877
Current: -7.74

During the past 13 years, the highest Debt-to-Equity Ratio of CrossAmerica Partners LP was 1877.00. The lowest was -31.44. And the median was 5.26.

CAPL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.46 vs CAPL: -7.74

CrossAmerica Partners LP  (NYSE:CAPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CrossAmerica Partners LP Debt-to-Equity Related Terms


CrossAmerica Partners LP Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CrossAmerica Partners LP's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CrossAmerica Partners LP Debt-to-Equity Chart

CrossAmerica Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.62 17.81 302.79 -16.90 -7.98

CrossAmerica Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.64 -10.12 -9.09 -7.98 -7.74

CAPL vs APC, CLNE, SGU: Debt-to-Equity Comparison

For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CrossAmerica Partners LP Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CrossAmerica Partners LP's Debt-to-Equity falls into.


CAPL
70GF Score
CrossAmerica Partners LP CAPL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CrossAmerica Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CrossAmerica Partners LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CrossAmerica Partners LP's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -7.74 mean?
CrossAmerica Partners LP (CAPL) has a Debt-to-Equity of -7.74 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CrossAmerica Partners LP and its competitors. According to the industry distribution chart, CrossAmerica Partners LP ranks #999999 out of 798 companies in the Oil & Gas industry.
Is CrossAmerica Partners LP's Debt-to-Equity too high?
CrossAmerica Partners LP's current Debt-to-Equity is -7.74. Based on the distribution chart, CrossAmerica Partners LP ranks #999999 out of 798 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CrossAmerica Partners LP has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CrossAmerica Partners LP's Debt-to-Equity compare to APC and CLNE?
According to the Oil & Gas industry distribution chart, CrossAmerica Partners LP ranks #999999 out of 798 companies for Debt-to-Equity. This places CrossAmerica Partners LP in the lower half of its industry. The industry median Debt-to-Equity is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CrossAmerica Partners LP and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CrossAmerica Partners LP's current Debt-to-Equity is -7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CrossAmerica Partners LP stock overvalued right now?
Based on GuruFocus' analysis, CrossAmerica Partners LP (CAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.96, compared to a current price of $22.21 — trading 23.7% above its estimated fair value. The current Debt-to-Equity is -7.74. CrossAmerica Partners LP's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CrossAmerica Partners LP (CAPL), the current Debt-to-Equity is -7.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CrossAmerica Partners LP (CAPL) Overvalued in 2026?

Based on GuruFocus' analysis, CrossAmerica Partners LP stock appears to be overvalued. The current stock price of $22.21 is trading 23.7% above its estimated GF Value™ of $17.96. GuruFocus considers CrossAmerica Partners LP to be Modestly Overvalued.

Key valuation signals for CAPL:

  • Debt-to-Equity: -7.74
  • GF Value™: $17.96 vs. price of $22.21 (23.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the CAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CrossAmerica Partners LP Business Description

Industry EnergyOil & Gas
Address 645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101
CrossAmerica Partners LP is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments, namely Wholesale and Retail. The Wholesale segment is a key revenue driver and includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K, and through company-operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites, and the retail sale of motor fuel at retail sites operated by commission agents.
70GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.21
Price
$17.96
GF Value