TravelCenters of America LLC (TravelCenters) operates and franchises approximately 460 travel centers and convenience store locations. The Company's segments include travel centers and convenience stores. Its customers include trucking fleets and their drivers, independent truck drivers and highway and local motorists. Its travel centers include over 25 acres of land with parking for approximately 185 tractor trailers and over 100 cars; a full service restaurant and quick service restaurants (QSRs) that the Company operates as a franchisee under various brands; a truck repair facility and parts store; multiple diesel and gasoline fueling points, including diesel exhaust fluid (DEF) at the diesel lanes, and a travel/convenience store, game room, lounge and other amenities for professional truck drivers and motorists. Its convenience store includes approximately 10 fueling positions; over 3,100 square feet of interior space on an acre of land, and multiple merchandise and QSR offerings.
Company Growth (employees)
TravelCenters of America was founded in 1972 and is headquartered in Westlake, US
Key People at TravelCenters of America
Barry Richards
Executive Vice President
Andrew Rebholz
Executive Vice President, Chief Financial Officer, Treasurer
Michael Lombardi
Executive Vice President, Sales
Thomas O’Brien
Managing Director, President, Chief Executive Officer
Mark Young
Executive Vice President and General Counsel
TravelCenters of America Office Locations
TravelCenters of America has an office in Westlake
Westlake, US (HQ)
200 24601 Center Ridge Rd
TravelCenters of America Data and Metrics
TravelCenters of America Financial Metrics
TravelCenters of America's revenue was reported to be $1.4 b in Q1, 2017
USD
Revenue (Q1, 2017) | 1.4 b |
Net income (Q1, 2017) | (29.4 m) |
EBIT (Q1, 2017) | (41.5 m) |
Market capitalization (18-Aug-2017) | 133.8 m |
Cash (31-Mar-2017) | 37.6 m |
TravelCenters of America's current market capitalization is $133.8 m.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 7.9 b | 7.8 b | 5.9 b | 5.5 b |
Revenue growth, % | (2%) | (25%) | (6%) | |
Cost of goods sold | 6.8 b | 6.5 b | 4.5 b | 4 b |
Gross profit | 1.2 b | 1.3 b | 1.4 b | 1.5 b |
Gross profit Margin, % | 15% | 17% | 24% | 27% |
General and administrative expense | 121.8 m | 139.1 m | ||
Operating expense total | 121.8 m | 139.1 m | ||
EBIT | 21.2 m | 113.6 m | 78.3 m | 22.1 m |
EBIT margin, % | 0% | 1% | 1% | 0% |
Interest expense | 17.7 m | 16.7 m | 22.5 m | 27.8 m |
Interest income | 1.3 m | |||
Pre tax profit | 2.3 m | 99 m | 44.3 m | (3.7 m) |
Income tax expense | (26.6 m) | 38 m | 16.5 m | (1.7 m) |
Net Income | 31.6 m | 61 m | 27.7 m | (1.9 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.1 b | 2 b | 1.4 b | 1.6 b | 1.5 b | 1.2 b | 1.4 b | 1.5 b | 1.4 b |
General and administrative expense | 30.1 m | 29.8 m | 31 m | 36 m | 34.8 m | 40.8 m | |||
EBIT | 26.9 m | 25.3 m | 32.2 m | 22 m | 21.4 m | (8.8 m) | 12.3 m | 23.1 m | (41.5 m) |
EBIT margin, % | 1% | 1% | 2% | 1% | 1% | (1%) | 1% | 2% | (3%) |
Interest income | 45 k | 227 k | |||||||
Pre tax profit | 16 m | (15.6 m) | 5.6 m | 17.2 m | (48.7 m) | ||||
Net Income | 13.6 m | 12.8 m | 15.7 m | 3.8 m | 9.8 m | (9.9 m) | (6.4 m) | 4.6 m | (29.4 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 85.7 m | 224.3 m | 172.1 m | 61.3 m |
Accounts Receivable | 105.9 m | 96.5 m | 91.6 m | 107.2 m |
Inventories | 199.2 m | 172.8 m | 183.5 m | 207.8 m |
Current Assets | 470.4 m | 562.5 m | 495.3 m | 402.1 m |
PP&E | 704.9 m | 765.8 m | 989.6 m | 1.1 b |
Goodwill | 48.8 m | 54.6 m | 106 m | 88.5 m |
Total Assets | 1.3 b | 1.4 b | 1.6 b | 1.7 b |
Accounts Payable | 149.6 m | 123.1 m | 125.1 m | 158 m |
Total Debt | 110 m | 230 m | 316.4 m | 318.7 m |
Current Liabilities | 303.6 m | 267.1 m | 295.6 m | 330.3 m |
Total Liabilities | 1.1 b | |||
Retained Earnings | (221.3 m) | (160.4 m) | (132.7 m) | (134.7 m) |
Total Equity | 453.9 m | 518.6 m | 549.3 m | 553.1 m |
Debt to Equity Ratio | 0.2 x | 0.4 x | 0.6 x | 0.6 x |
Debt to Assets Ratio | 0.1 x | 0.2 x | 0.2 x | 0.2 x |
Financial Leverage | 2.8 x | 2.7 x | 3 x | 3 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 105.4 m | 126.9 m | 218.2 m | 370.9 m | 228.6 m | 129.6 m | 133.8 m | 137.3 m | 37.6 m |
Accounts Receivable | 167.3 m | 136.9 m | 120 m | 126.7 m | 115.4 m | 108.9 m | 125.8 m | 118.1 m | 112 m |
Inventories | 187.4 m | 181.3 m | 172.1 m | 180.3 m | 185.4 m | 184.8 m | 192.5 m | 195.2 m | 197.9 m |
Current Assets | 532.7 m | 516 m | 577 m | 743.9 m | 599.2 m | 465.6 m | 496.7 m | 489.6 m | 373.2 m |
PP&E | 717.8 m | 728.6 m | 814.6 m | 732.9 m | 904.9 m | 1 b | 1 b | 1.1 b | 1.1 b |
Goodwill | 48.1 m | 55 m | 57.2 m | 57.2 m | 80.6 m | 110.7 m | 127.8 m | 127.2 m | 89.7 m |
Total Assets | 1.3 b | 1.3 b | 1.5 b | 1.6 b | 1.6 b | 1.6 b | 1.7 b | 1.7 b | 1.6 b |
Accounts Payable | 196.3 m | 180.7 m | 142.5 m | 165.7 m | 147.3 m | 129 m | 158 m | 146.5 m | 143.9 m |
Current Liabilities | 365 m | 349.5 m | 307.3 m | 348.7 m | 361.6 m | 330.9 m | 373.6 m | 378 m | 333.4 m |
Retained Earnings | (207.5 m) | (194.7 m) | (144.7 m) | (140.9 m) | (131.1 m) | (142.6 m) | (139.1 m) | (128.2 m) | (164.1 m) |
Total Equity | 469.7 m | 483.1 m | 535.3 m | 540.8 m | 550.9 m | 540.7 m | 547.1 m | 559.1 m | 525 m |
Financial Leverage | 2.8 x | 2.8 x | 2.8 x | 2.9 x | 3 x | 3 x | 3.1 x | 3.1 x | 3.1 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 31.6 m | 61 m | 27.7 m | (1.9 m) |
Depreciation and Amortization | 58.9 m | 65.6 m | 72.4 m | 92.4 m |
Accounts Receivable | 2.1 m | 8.8 m | 5.1 m | (14.5 m) |
Inventories | (2.4 m) | 27.6 m | 5.1 m | (20.6 m) |
Accounts Payable | 9.5 m | (12 m) | 18 m | 39.9 m |
Cash From Operating Activities | 71.5 m | 161.1 m | 136.9 m | 110.8 m |
Capital Expenditures | (164.2 m) | (28.7 m) | (295.4 m) | (330 m) |
Cash From Investing Activities | (196 m) | (134.4 m) | (237.5 m) | (220 m) |
Cash From Financing Activities | 175 m | 111.9 m | 48.5 m | (1 m) |
Interest Paid | 15.2 m | 16.1 m | 21.2 m | 29.8 m |
Income Taxes Paid | 750 k | 1.5 m | 2 m | 243 k |
Free Cash Flow | (92.7 m) | 132.4 m | (158.5 m) | (219.2 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 13.6 m | 12.8 m | 15.7 m | 3.8 m | 9.8 m | (9.9 m) | (6.4 m) | 4.6 m | (29.4 m) |
Depreciation and Amortization | 15.8 m | 16.6 m | 17.5 m | 18.1 m | 17.4 m | 20.5 m | 41.8 m | 64.5 m | 31.8 m |
Accounts Receivable | 167.3 m | 136.9 m | 120 m | 126.7 m | 115.4 m | (17.1 m) | (33.3 m) | (25.6 m) | (4.6 m) |
Inventories | 187.4 m | 181.3 m | 172.1 m | 180.3 m | 185.4 m | 1.3 m | (5.2 m) | (8 m) | 6.3 m |
Accounts Payable | 196.3 m | 180.7 m | 142.5 m | 165.7 m | 147.3 m | 17 m | 60.7 m | 66.8 m | 4.4 m |
Cash From Operating Activities | 11.5 m | 56.3 m | 109.1 m | (10.7 m) | |||||
Capital Expenditures | (56.5 m) | (143.4 m) | (229.2 m) | (30.1 m) | |||||
Cash From Investing Activities | (53.8 m) | (94.4 m) | (143.6 m) | (13.4 m) | |||||
Cash From Financing Activities | (142 k) | (206 k) | (326 k) | 398 k | |||||
Interest Paid | 7 m | 13.5 m | 20.6 m | 7.7 m | |||||
Income Taxes Paid | 420 k | ||||||||
Free Cash Flow | (45 m) | (87.1 m) | (120.1 m) | (40.8 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 98.5 k |
Financial Leverage | 3.1 x |
