TravelCenters of America LLC SR NT
TANNL
NASDAQ Global Select25.01
USD
+0.01
- -
CIK
0001378453
CUSIP
894174309
Return %
Stock
S&P500
1Y
-0.64
26.53
3Y
5.20
76.60
5Y
3.39
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- MD United States of America
- IPO Date
- Dec 19, 2014
- CIK
- 0001378453
- Similar Companies
- Business
- TravelCenters of America LLC operates as the largest publicly traded full-service truck stop and travel center company in the United States. The company’s core products and services include retail fuel sales, truck repair and maintenance services, convenience store merchandise, full-service restaurants (FSRs), quick-service restaurants (QSRs), diesel exhaust fluid (DEF), emergency roadside assistance, and customer amenities tailored for professional truck drivers and motorists. Its travel centers operate under brands such as TravelCenters of America, Petro Stopping Centers, and TA Express, offering a portfolio of more than 250 travel centers across 44 states. These centers include truck service facilities equipped with multiple service bays open 24/7, travel stores with over 25,000 merchandise items supporting driver lifestyles, and diverse food offerings including branded restaurants and proprietary concepts like Fork & Compass, Country Pride, and Iron Skillet. The company's nonfuel revenues are supported by truck services, restaurant operations, and convenience products. Founded in 1972 and headquartered in Westlake, Ohio, TravelCenters of America primarily serves the professional trucking industry, commercial drivers, and highway travelers, providing 24/7 access to fuel, truck services, meals, and retail products. As part of its latest major changes, TravelCenters of America was acquired by BP Products North America in a transaction valued at approximately $1.3 billion, completed in May 2023. This acquisition followed a merger agreement at $86 per share, representing an 84% premium to TA’s per-share trading average. The acquisition expands BP’s strategic convenience and mobility business in the U.S., integrating TA’s extensive travel center network with BP’s retail offerings. Post-acquisition, TravelCenters has undertaken operational integrations including terminating its prior management contract and continuing to enhance its food service offerings with initiatives like healthy menu collaborations guided by a corporate executive chef and partnerships such as one with the Cleveland Clinic to improve meal options at its restaurants. It continues to focus on expanding its retail and service footprint with innovations such as 2025 updates to its UltraONE kiosks for improved security and functionality. The company operates in the travel center and truck stop industry segment, focusing on long-haul trucking fleets and individual motorists across the U.S. market through its full-service travel centers located on or near major interstate highways. Its services include extensive truck maintenance and emergency repair programs, mobile truck maintenance, and a commercial tire network, all aimed at professional truckers and commercial vehicle operators. TravelCenters of America is also engaged in franchising activities for some of its branded locations, maintaining a combination of company-operated and franchised centers. The acquisition by BP marks a strategic shift towards integrating energy, mobility, and convenience retail under a global energy company's portfolio, aiming for growth and operational synergies in the U.S. market. Overall, TravelCenters of America LLC operates a comprehensive network of travel centers and truck stop services, combining fuel sales, extensive truck maintenance services, retail convenience offerings, and restaurant operations, now positioned within BP’s mobility business following the 2023 acquisition. The company continues to evolve its service and product offerings aligned with changing traveler preferences and new operational integrations.