Travelcenters of America Inc (OQ:TA)

Sector:  Energy Industry:  Oil & Gas Refining and Marketing
See Regulatory Filings on SEC
Company Contact
Address: 24601 Center Ridge Rd
WESTLAKE OH 44145-5634
Tel: N/A
IR: See website
Key People
Business Overview
TravelCenters of America Inc. (TravelCenters) operates or franchises travel centers, standalone truck service facilities and standalone restaurants. The Company also collects rents, royalties and other fees from its tenants and franchisees. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), and various customer amenities. The Company's customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists and casual diners. The Company's business includes approximately 258 travel centers in 43 states in the United States primarily along the United States interstate highway system, and the province of Ontario, Canada. Its travel centers are operated under the TravelCenters of America, TA brand names, TA Express, Petro Stopping Centers and Petro brand names.
Financial Overview
For the three months ended 31 March 2020, Travelcenters of America Inc revenues decreased 9% to $1.3B. Net loss applicable to common stockholders increased 52% to $18.6M. Revenues reflect Fuel revenues decrease of 11% to $874.9M, Nonfuel revenues decrease of 4% to $425M. Higher net loss reflects Site level operating expense increase of 2% to $236.6M (expense), Depreciation and amortization expense increase of 15% to $28.6M (expense).
Employees: 14,300 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $505.13M as of Mar 31, 2020
Annual revenue (TTM): $5,993M as of Mar 31, 2020
EBITDA (TTM): $162.84M as of Mar 31, 2020
Net annual income (TTM): $25.74M as of Mar 31, 2020
Free cash flow (TTM): -$28.64M as of Mar 31, 2020
Net Debt Last Fiscal Year: $317.52M as of Mar 31, 2020
Shares outstanding: 14,431,505 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization