APC (Arko Petroleum) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

APC Arko Petroleum Corp APC
16 GF Score
Price $19.76
! 2 Warning Signs
View Full Analysis

What is Arko Petroleum Scaled Net Operating Assets?

Arko Petroleum APC -0.10% 16 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates APC with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arko Petroleum's operating assets for the quarter that ended in Mar. 2026 was $1,351 Mil. Arko Petroleum's operating liabilities for the quarter that ended in Mar. 2026 was $373 Mil. Arko Petroleum's Total Assets for the quarter that ended in Dec. 2025 was $1,273 Mil. Therefore, Arko Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Arko Petroleum Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Arko Petroleum's Scaled Net Operating Assets 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.

Arko Petroleum Scaled Net Operating Assets Chart

Arko Petroleum Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.00 0.00 0.78 0.89

Arko Petroleum Quarterly Data
Dec23 Dec24 Mar25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.78 0.00 0.00 0.78 0.77

APC vs CAPL, CLNE, SGU: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, Arko Petroleum's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Arko Petroleum Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arko Petroleum's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Arko Petroleum's Scaled Net Operating Assets falls into.


APC
16GF Score
Arko Petroleum Corp APC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arko Petroleum Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arko Petroleum's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1257.918-289.412)/1085.67
=0.89

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1273.474 - 15.556
=1257.918

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1237.359 - 911.249 - 36.698
=289.412

Arko Petroleum's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1350.669-373.292)/1273.474
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1372.338 - 21.669
=1350.669

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1127.843 - 721.337 - 33.214
=373.292

* 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 Scaled Net Operating Assets of 0.77 mean?
Arko Petroleum (APC) has a Scaled Net Operating Assets of 0.77 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arko Petroleum and its competitors.
Is Arko Petroleum's Scaled Net Operating Assets too high?
Arko Petroleum's current Scaled Net Operating Assets is 0.77. Overall, Arko Petroleum has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Arko Petroleum's Scaled Net Operating Assets compare to CAPL and CLNE?
Arko Petroleum's Scaled Net Operating Assets of 0.77 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arko Petroleum and its competitors. Arko Petroleum's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arko Petroleum stock overvalued right now?
Arko Petroleum (APC) has a current Scaled Net Operating Assets of 0.77. The current Scaled Net Operating Assets is 0.77. Arko Petroleum's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Arko Petroleum (APC), the current Scaled Net Operating Assets is 0.77 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.

Arko Petroleum Business Description

Industry EnergyOil & Gas
Address 8565 Magellan Parkway, Suite 400, Richmond, VA, USA, 23227-1150
Arko Petroleum Corp is a fuel distribution company. It operates through three reportable segments: i) Wholesale: Distributes fuel to gas stations, sub-wholesalers, and bulk purchasers, typically under long-term contracts on a cost-plus or consignment basis. ii) Fleet Fueling: Operates proprietary and third-party cardlock locations serving commercial and municipal fleets, and earns commissions from proprietary fuel card sales. iii) GPMP: Supplies fuel to ARKO Retail Sites at cost plus a fixed margin, charges fixed fees to certain sites. The company generates the majority of revenue from the Wholesale segment.
16GF Score

Get the complete analysis for APC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.76
Price