APC

MKT CAP:$11B

ARKO Petroleum Corp. Class A Common Stock

Market Cap

$11B

Energy·Oil & Gas Refining & Marketing·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Refining & Marketing·🇺🇸·NASDAQ

Stock Price

$17.84-$0.16 (-0.89%)

Apr 23, 2026

Company Details

ARKO Petroleum Corp. operates as a fuel distributor in North America. The company operates under three segments: wholesale, fleet fueling, and GPMP. It offers fee-based wholesale distribution of motor fuel to Its retail sites and to third-p...

CEO

Arie Kotler

IPO Date

Jul 14, 2011

Website

www.arkopetroleum.com

Key Metrics TTM

Revenue

$11.5B

-11.6% YoY

Net Income

-$739M

EPS (Diluted)

-$1.49

Free Cash Flow

-$420M

Revenue / Share

$42.64

Gross Margin

80.5%

Operating Margin

7.9%

Net Margin

-6.5%

FCF Margin

-3.7%

P/S

0.9x

P/E

—

Earnings Reports

Q1 2025

May 14, 2026

PENDING

FY 2025

Dec 30, 2025

$7.6B+20.0%EPS $0.37

FY 2024

Dec 31, 2024

$6.4B-8.6%EPS $0.26

Q4 2024

Dec 31, 2024

$1.4BEPS $0.03

FY 2023

Dec 31, 2023

$7.0B-1.7%EPS $0.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 15	$2.1B	$2.1B	-$2.1B
Q1 16	$1.7B	$1.7B	-$864M
Q2 16	$1.9B	$1.9B	$11.0B
Q3 16	$1.9B	$1.9B	$10.2B
Q4 16	$2.4B	$2.4B	$9.5B
Q1 17	$3.8B	$3.8B	-$110M
Q2 17	$2.7B	$2.7B	-$125M
Q3 17	$2.5B	$2.5B	-$775M
Q4 17	$2.9B	$2.9B	$573M
Q1 18	$3.0B	$3.0B	$551M
Q2 18	$3.3B	$3.3B	$819M
Q3 18	$3.7B	$3.0B	$979M
Q4 18	$3.3B	$3.0B	$270M
Q1 19	$3.2B	$3.0B	$834M
Q2 19	$3.4B	$3.2B	-$215M
Q4 24	$1.4B	$45M	$20M

Valuation

Quarter	P/S	P/E
Q4 15	1.3x	—
Q1 16	1.4x	—
Q2 16	1.6x	—
Q3 16	1.5x	—
Q4 16	1.5x	—
Q1 17	1.2x	—
Q2 17	1.1x	—
Q3 17	1.0x	—
Q4 17	1.0x	—
Q1 18	1.0x	—
Q2 18	1.0x	—
Q3 18	0.9x	7.7x
Q4 18	0.9x	18.7x
Q1 19	0.8x	19.5x
Q2 19	0.8x	—
Q4 24	1.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 15	$257M	-$949M
Q1 16	-$137M	-$1.2B
Q2 16	$1.2B	$372M
Q3 16	$785M	$46M
Q4 16	$1.1B	$236M
Q1 17	$1.1B	-$71M
Q2 17	$857M	-$245M
Q3 17	$639M	-$603M
Q4 17	$1.4B	-$103M
Q1 18	$1.4B	-$117M
Q2 18	$1.2B	-$505M
Q3 18	$1.6B	$33M
Q4 18	$1.6B	$335M
Q1 19	$1.1B	-$260M
Q2 19	$776M	-$526M
Q4 24	$35M	$31M

Capital Expenditures

Quarter	CapEx
Q4 15	$1.2B
Q1 16	$1.0B
Q2 16	$857M
Q3 16	$739M
Q4 16	$887M
Q1 17	$1.2B
Q2 17	$1.1B
Q3 17	$1.2B
Q4 17	$1.5B
Q1 18	$1.5B
Q2 18	$1.7B
Q3 18	$1.6B
Q4 18	$1.3B
Q1 19	$1.4B
Q2 19	$1.3B
Q4 24	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 15	-35.4%	+288.5%
Q1 16	-27.9%	-61.1%
Q2 16	-27.4%	-474.8%
Q3 16	+12.1%	-295.1%
Q4 16	+16.3%	-270.7%
Q1 17	+125.0%	+52.8%
Q2 17	+41.8%	+131.4%
Q3 17	+31.9%	+139.6%
Q4 17	+22.7%	+132.9%
Q1 18	-19.2%	-35.7%
Q2 18	+21.2%	-13.0%
Q3 18	+48.1%	-16.9%
Q4 18	+14.3%	+30.7%
Q1 19	+5.7%	-4.4%
Q2 19	+4.6%	+47.9%
Q4 24	-61.0%	-47.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 15	$172M	8.4%
Q1 16	$30M	1.8%
Q2 16	$0	0.0%
Q3 16	$2.2B	114.0%
Q4 16	$235M	9.8%
Q1 17	$0	0.0%
Q2 17	$0	0.0%
Q3 17	$0	0.0%
Q4 17	$150M	5.1%
Q1 18	$0	0.0%
Q2 18	$0	0.0%
Q3 18	$0	0.0%
Q4 18	$188M	5.6%
Q1 19	$0	0.0%
Q2 19	$0	0.0%
Q4 24	$341.0K	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 15	$384M	—	$294M
Q1 16	$126M	$209M	$240M
Q2 16	$76M	—	$545M
Q3 16	$304M	—	$895M
Q4 16	$440M	—	$1.3B
Q1 17	$1.1B	—	$444M
Q2 17	$535M	—	$464M
Q3 17	$751M	—	$1.4B
Q4 17	$170M	—	$1.6B
Q1 18	$168M	—	$360M
Q2 18	$94M	—	$382M
Q3 18	$118M	—	$421M
Q4 18	$79M	—	$425M
Q1 19	$49M	—	$470M
Q2 19	$90M	—	$465M
Q4 24	—	$10M	—

Revenue Segments

Quarter	Exploration and Production Reporting Segment	Midstream Reporting Segment
Q2 17	$2.0B	$657M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 16	$1.4B	$0	$1.4B
Q3 16	$4.0B	$0	$4.0B
Q4 16	$3.2B	$0	$3.2B
Q1 17	$5.8B	$0	$5.8B
Q2 17	$6.0B	$0	$6.0B
Q3 17	$5.3B	$0	$5.3B
Q4 17	$4.6B	$0	$4.6B
Q1 18	$3.4B	$0	$3.4B
Q2 18	$2.3B	$0	$2.3B
Q3 18	$1.9B	$0	$1.9B
Q4 18	$1.3B	$0	$1.3B
Q1 19	$2.0B	$0	$2.0B
Q2 19	$1.4B	$0	$1.4B
Q4 24	$25M	$0	$25M
Q3 25	$33M	$0	$33M
Q4 25	$16M	$0	$16M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 15	508M	0.0%	+0.4%
Q1 16	509M	+0.2%	+0.4%
Q2 16	510M	+0.2%	+0.6%
Q3 16	512M	+0.4%	+0.8%
Q4 16	522M	+2.0%	+2.8%
Q1 17	551M	+5.6%	+8.3%
Q2 17	552M	+0.2%	+8.2%
Q3 17	552M	0.0%	+7.8%
Q4 17	548M	-0.7%	+5.0%
Q1 18	519M	-5.3%	-5.8%
Q2 18	512M	-1.3%	-7.2%
Q3 18	508M	-0.8%	-8.0%
Q4 18	504M	-0.8%	-8.0%
Q1 19	490M	-2.8%	-5.6%
Q2 19	491M	+0.2%	-4.1%
Q4 24	269M	-45.3%	-47.1%

Shares Outstanding