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CrossAmerica Partners LPCAPL +1.97%70 ROC (Joel Greenblatt) % is 14.00% as of Mar. 2026, which is 84% above its 10-year median of 7.62. 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 998 Oil & Gas companies, CrossAmerica Partners LP ranks better than 69.74% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. CrossAmerica Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.00%.
The historical rank and industry rank for CrossAmerica Partners LP's ROC (Joel Greenblatt) % or its related term are showing as below:
CAPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.41 Med: 7.62 Max: 17
Current: 17
During the past 13 years, CrossAmerica Partners LP's highest ROC (Joel Greenblatt) % was 17.00%. The lowest was 4.41%. And the median was 7.62%.
CAPL's ROC (Joel Greenblatt) % is ranked better than 69.74% of 998
companies
in the Oil & Gas industry
Industry Median: 8.43
vs CAPL: 17.00
CrossAmerica Partners LP's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
CrossAmerica Partners LP ROC (Joel Greenblatt) % Related Terms
CrossAmerica Partners LP ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CrossAmerica Partners LP's ROC (Joel Greenblatt) % 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.
CAPL vs APC, CLNE, SGU: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CrossAmerica Partners LP's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 14.00% mean?
CrossAmerica Partners LP (CAPL) has a ROC (Joel Greenblatt) % of 14.00% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CrossAmerica Partners LP and its competitors. This is 84% above median its historical median of 7.62. Over the past decade, CrossAmerica Partners LP's ROC (Joel Greenblatt) % has ranged from 4.41 to 17.00. According to the industry distribution chart, CrossAmerica Partners LP ranks #302 out of 998 companies in the Oil & Gas industry, placing it in the top 30.3%.
Is CrossAmerica Partners LP's ROC (Joel Greenblatt) % too high?
CrossAmerica Partners LP's current ROC (Joel Greenblatt) % of 14.00% is 84% above median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 17.00. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. CrossAmerica Partners LP's value of 14.00% is 66.1% above this industry median. Based on the distribution chart, CrossAmerica Partners LP ranks #302 out of 998 companies in the Oil & Gas industry, which is above the industry midpoint. 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 ROC (Joel Greenblatt) % compare to APC and CLNE?
According to the Oil & Gas industry distribution chart, CrossAmerica Partners LP ranks #302 out of 998 companies for ROC (Joel Greenblatt) %. This puts CrossAmerica Partners LP in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.43. CrossAmerica Partners LP's value of 14.00% is 66.1% above this benchmark. Historically, CrossAmerica Partners LP's own ROC (Joel Greenblatt) % has ranged from 4.41 to 17.00 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 8.43, CrossAmerica Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CrossAmerica Partners LP's current ROC (Joel Greenblatt) % of 14.00% is 66.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CrossAmerica Partners LP and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CrossAmerica Partners LP's current ROC (Joel Greenblatt) % is 14.00%, which is 84% above median its own 10-year median of 7.62. 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 ROC (Joel Greenblatt) % is 14.00%, which is 84% above median its 10-year median of 7.62 and 66.1% above the Oil & Gas industry median of 8.43. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For CrossAmerica Partners LP (CAPL), the current ROC (Joel Greenblatt) % is 14.00% 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:
ROC (Joel Greenblatt) %: 14.00% (84% above median its 10-year median of 7.62)
GF Value™: $17.96 vs. price of $22.21 (23.7% above fair value)
Industry Position: 66.1% above the Oil & Gas median (#302 of 998)
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 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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