← ARKO Corp.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $293.7m | $252.1m | $298.5m | $218.1m | $261.8m | $305.0m | |
| Short-term Investments | $0 | $58.8m | $2.4m | $3.9m | $5.3m | $6.5m | |
| Cash and cash equivalents | $293.7m | $252.1m | $298.5m | $218.1m | $261.8m | $305.0m | |
| Trade receivables, net | $46.9m | $62.3m | $118.1m | $134.7m | $95.8m | $87.3m | |
| Other current assets | $87.4m | $92.1m | $87.9m | $118.5m | $97.4m | $109.5m | |
| Allowance For Doubtful Accounts Receivable | — | — | ($1.8m) | ($2.2m) | ($2.4m) | ($1.5m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | $300.9m | $222.0m | $267.1m | $311.5m | |
| Gross Accounts Receivable | — | — | $119.9m | $136.9m | $98.2m | $88.8m | |
| Other Inventories | — | — | $9.9m | $11.3m | $11.2m | $9.9m | |
| Other Receivables | — | — | $43.8m | $56.2m | $51.0m | $54.6m | |
| Other Short Term Investments | — | — | $2.4m | $3.9m | $5.3m | $6.5m | |
| Prepaid Assets | — | — | $15.5m | $21.4m | $18.8m | $21.0m | |
| Taxes Receivable | — | — | $800k | $8.4m | $806k | $5.2m | |
| Inventory, Net | $163.7m | $197.8m | $222.0m | $250.6m | $231.2m | $190.7m | |
| Assets, Current | $609.4m | $683.6m | $747.1m | $749.1m | $722.2m | $717.7m | |
| Total current assets | $609.4m | $683.6m | $747.1m | $749.1m | $722.2m | $717.7m | |
| Property, Plant and Equipment, Net | $491.5m | $549.0m | $645.8m | $742.6m | $747.5m | $739.6m | |
| Goodwill | $173.9m | $197.6m | $217.3m | $292.2m | $300.0m | $300.0m | |
| Intangible Assets, Net (Excluding Goodwill) | $218.1m | $186.0m | $197.1m | $214.6m | $182.4m | $160.1m | |
| Intangible assets, net | $218.1m | $186.0m | $197.1m | $214.6m | $182.4m | $160.1m | |
| Goodwill And Other Intangible Assets | — | — | $414.4m | $506.7m | $482.3m | $460.1m | |
| Other Intangible Assets | — | — | $197.1m | $214.6m | $182.4m | $160.1m | |
| Operating Lease, Right-of-Use Asset | $961.6m | $1.1b | $1.2b | $1.4b | $1.4b | $1.3b | |
| Other Assets, Noncurrent | — | — | — | — | — | $66.6m | |
| Right-of-use assets under operating leases | $961.6m | $1.1b | $1.2b | $1.4b | $1.4b | $1.3b | |
| Right-of-use assets under financing leases, net | $198.3m | $192.4m | $182.1m | $162.7m | $158.0m | $144.6m | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $46.9m | $62.3m | $118.1m | $134.7m | $95.8m | $87.3m | |
| Restricted cash | $16.5m | $20.4m | $18.2m | $23.3m | $30.6m | $18.7m | |
| Equity investment | $2.7m | $3.0m | $2.9m | $2.9m | $3.0m | $3.1m | |
| Deferred tax asset | $40.7m | $41.0m | $22.7m | $52.3m | $67.7m | $62.6m | |
| Other non-current assets | $10.2m | $24.6m | $36.9m | $49.4m | $53.6m | $66.6m | |
| Other current liabilities | $133.6m | $137.5m | $154.1m | $179.5m | $159.2m | $148.3m | |
| Operating leases, current portion | $48.9m | $51.3m | $57.6m | $67.1m | $71.6m | $78.2m | |
| Financing leases, current portion | $7.8m | $6.4m | $5.5m | $9.2m | $11.5m | $13.2m | |
| Asset retirement obligation | $53.0m | $58.0m | $64.9m | $84.7m | $87.4m | $89.3m | |
| Operating leases | $973.7m | $1.1b | $1.2b | $1.4b | $1.4b | $1.4b | |
| Financing leases | $226.4m | $229.2m | $225.9m | $213.0m | $211.1m | $199.7m | |
| Other non-current liabilities | $96.6m | $136.9m | $178.9m | $266.6m | $223.5m | $196.0m | |
| Accumulated Depreciation | — | — | ($345.2m) | ($491.5m) | ($567.3m) | ($646.6m) | |
| Buildings And Improvements | — | — | $242.3m | $281.1m | $309.3m | $326.9m | |
| Capital Lease Obligations | — | — | $1.5b | $1.7b | $1.7b | $1.7b | |
| Current Accrued Expenses | — | — | $89.8m | $87.5m | $72.4m | $81.9m | |
| Current Capital Lease Obligation | — | — | $63.0m | $76.2m | $83.1m | $91.4m | |
| Current Debt | — | — | $11.9m | $16.8m | $12.9m | $36.7m | |
| Current Debt And Capital Lease Obligation | — | — | $75.0m | $93.0m | $96.0m | $128.1m | |
| Current Deferred Liabilities | — | — | $12.1m | $38.4m | $18.9m | $16.5m | |
| Derivative Product Liabilities | — | $39.7m | $30.4m | $18.8m | $0 | — | |
| Duefrom Related Parties Current | — | — | $1.2m | $935k | $874k | $209k | |
| Dueto Related Parties Current | — | $258k | $0 | — | — | — | |
| Finished Goods | — | — | $132.1m | $147.6m | $138.6m | $116.4m | |
| Gross PPE | — | — | $2.4b | $2.8b | $2.9b | $2.9b | |
| Income Tax Payable | — | — | $4.1m | $0 | $1.3m | $1.6m | |
| Invested Capital | — | — | $1.0b | $1.1b | $1.2b | $1.2b | |
| Investments And Advances | — | — | $2.9m | $2.9m | $3.0m | $3.1m | |
| Land And Improvements | — | — | $115.3m | $125.0m | $129.6m | $124.3m | |
| Long Term Capital Lease Obligation | — | — | $1.4b | $1.6b | $1.6b | $1.6b | |
| Long Term Equity Investment | — | — | $2.9m | $2.9m | $3.0m | $3.1m | |
| Long Term Provisions | — | — | $64.9m | $84.7m | $87.4m | $89.3m | |
| Net Debt | — | — | $453.5m | $627.3m | $619.2m | $607.1m | |
| Net PPE | — | — | $2.0b | $2.3b | $2.3b | $2.2b | |
| Net Tangible Assets | — | — | ($33.6m) | ($130.6m) | ($105.5m) | ($92.9m) | |
| Non Current Deferred Assets | — | — | $22.7m | $52.3m | $67.7m | $62.6m | |
| Non Current Deferred Liabilities | — | — | $28.2m | $54.2m | $32.8m | $37.7m | |
| Non Current Deferred Taxes Assets | — | — | $22.7m | $52.3m | $67.7m | $62.6m | |
| Ordinary Shares Number | — | — | $120.1m | $116.2m | $115.8m | $110.9m | |
| Other Current Borrowings | — | — | $11.9m | $16.8m | $12.9m | $36.7m | |
| Other Equity Adjustments | — | — | $9.1m | $9.1m | $9.1m | $9.1m | |
| Other Properties | — | — | $2.0b | $2.4b | $2.4b | $2.4b | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | $80.0m | $91.7m | $81.4m | $64.4m | |
| Share Issued | — | — | $124.7m | $125.3m | $130.2m | $131.9m | |
| Tangible Book Value | — | — | ($133.6m) | ($230.6m) | ($205.5m) | ($192.9m) | |
| Treasury Shares Number | — | — | $4.7m | $9.1m | $14.4m | $21.0m | |
| Working Capital | — | — | $300.7m | $262.9m | $276.7m | $284.7m | |
| Accrued Liabilities, Current | $36.5m | $35.7m | $43.0m | $50.8m | $39.7m | $43.3m | |
| Total shareholders' equity | $191.6m | $253.5m | $280.8m | $276.1m | $276.9m | $267.2m | |
| Total Capitalization | — | — | $1.1b | $1.2b | $1.2b | $1.2b | |
| Total Debt | — | — | $2.3b | $2.5b | $2.6b | $2.6b | |
| Total Non Current Assets | — | — | $2.5b | $2.9b | $2.9b | $2.8b | |
| Total Tax Payable | — | — | $34.5m | $40.4m | $35.9m | $37.6m | |
| Assets | $2.7b | $2.9b | $3.3b | $3.7b | $3.6b | $3.5b | |
| Total assets | $2.7b | $2.9b | $3.3b | $3.7b | $3.6b | $3.5b | |
| LIABILITIES AND EQUITY | |||||||
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | $48.9m | $51.3m | $57.6m | $67.1m | $71.6m | $78.2m | |
| Accounts Payable, Current | $155.7m | $172.9m | $217.4m | $213.7m | $190.2m | $156.6m | |
| Long-term Debt, Current Maturities | $41.0m | $40.4m | $11.9m | $16.8m | $12.9m | $36.7m | |
| Operating Lease, Liability, Noncurrent | $973.7m | $1.1b | $1.2b | $1.4b | $1.4b | $1.4b | |
| Long-term Debt, Excluding Current Maturities | $708.8m | $676.6m | $740.0m | $828.6m | $868.1m | $875.5m | |
| Dividends Payable | — | — | $11 | $14 | $14 | — | |
| Long-term debt, current portion | $41.0m | $40.4m | $11.9m | $16.8m | $12.9m | $36.7m | |
| Current Deferred Revenue | — | — | $12.1m | $13.1m | $18.2m | $16.5m | |
| Payables And Accrued Expenses | — | — | $341.7m | $341.6m | $298.4m | $276.1m | |
| Liabilities, Current | $387.1m | $408.4m | $446.4m | $486.2m | $445.5m | $433.0m | |
| Total current liabilities | $387.1m | $408.4m | $446.4m | $486.2m | $445.5m | $433.0m | |
| Deferred Income Tax Liabilities, Net | $2.8m | $2.5m | $0 | — | — | — | |
| Other Liabilities, Noncurrent | $96.6m | $136.9m | $178.9m | $266.6m | $223.5m | $196.0m | |
| Long-term debt, net | $708.8m | $676.6m | $740.0m | $828.6m | $868.1m | $875.5m | |
| Deferred tax liability | $2.8m | $2.5m | $0 | — | — | — | |
| Long Term Debt And Capital Lease Obligation | — | — | $2.2b | $2.4b | $2.5b | $2.4b | |
| Non Current Deferred Taxes Liabilities | — | $2.5m | $0 | — | — | — | |
| Liabilities | $2.4b | $2.6b | $2.9b | $3.3b | $3.2b | $3.2b | |
| Total liabilities | $2.4b | $2.6b | $2.9b | $3.3b | $3.2b | $3.2b | |
| Stockholders’ equity: | |||||||
| Common Stock, Value, Issued | $12k | $12k | $12k | $12k | $12k | $11k | |
| Additional Paid in Capital | $212.1m | $214.8m | $230.0m | $245.0m | $276.7m | $291.9m | |
| Retained Earnings (Accumulated Deficit) | ($29.7m) | $29.5m | $81.8m | $96.1m | $97.2m | $100.5m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $9.1m | $9.1m | $9.1m | $9.1m | $9.1m | $9.1m | |
| Additional Paid in Capital, Common Stock | $212.1m | $214.8m | $230.0m | $245.0m | $276.7m | $291.9m | |
| Series A redeemable preferred stock (no par value) - authorized: 1,000,000 shares; issued and outstanding: 1,000,000 and 1,000,000 shares, respectively; redemption value: $100,000 and $100,000, in the aggregate, respectively | 100.0m | 100.0m | 100.0m | 100.0m | 100.0m | 100.0m | |
| Common stock (par value $0.0001) - authorized: 400,000,000 shares; issued: 131,853,614 and 130,153,836 shares, respectively; outstanding: 110,860,618 and 115,771,318 shares, respectively | 12k | 12k | 12k | 12k | 12k | 11k | |
| Treasury stock, at cost - 20,992,996 and 14,382,518 shares, respectively | — | $0 | ($40.0m) | ($74.1m) | ($106.1m) | ($134.3m) | |
| Accumulated other comprehensive income | $9.1m | $9.1m | $9.1m | $9.1m | $9.1m | $9.1m | |
| Capital Stock | — | — | $100.0m | $100.0m | $100.0m | $100.0m | |
| Gains Losses Not Affecting Retained Earnings | — | — | $9.1m | $9.1m | $9.1m | $9.1m | |
| Preferred Stock | — | — | $100.0m | $100.0m | $100.0m | $100.0m | |
| Preferred Stock Equity | — | — | $100.0m | $100.0m | $100.0m | $100.0m | |
| Treasury Stock | — | — | $40.0m | $74.1m | $106.1m | $134.3m | |
| Stockholders' Equity Attributable to Parent | $191.6m | $253.5m | $280.8m | $276.1m | $276.9m | $267.2m | |
| Minority Interest | — | — | $56k | $16k | $0 | $0 | |
| Total Equity Gross Minority Interest | — | — | $380.9m | $376.1m | $376.9m | $367.2m | |
| Total Non Current Liabilities Net Minority Interest | — | — | $2.4b | $2.8b | $2.8b | $2.7b | |
| Liabilities and Equity | $2.7b | $2.9b | $3.3b | $3.7b | $3.6b | $3.5b | |
| Total liabilities, redeemable preferred stock and shareholders' equity | $2.7b | $2.9b | $3.3b | $3.7b | $3.6b | $3.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.