TravelCenters of America's nationwide business includes travel centers located in 44 U.S. states and in Canada, standalone truck service facilities located in three states and standalone restaurants located in 12 states. TA's travel centers operate under the 'TravelCenters of America,' 'TA,' 'TA Express,' 'Petro Stopping Centers' and 'Petro' brand names and offer diesel fuel and gasoline, restaurants, truck repair services, travel/convenience stores and other services designed to provide attractive and efficient travel experiences to professional drivers and other motorists. TA's standalone truck service facilities operate under the 'TA Truck Service' brand name. TA's standalone restaurants operate principally under the 'Quaker Steak & Lube,' or QSL, brand name.
Company profile
Ticker
TA
Exchange
Website
CEO
Adam David Portnoy / Jonathan M. Pertchik
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TRAVELCENTERS OF AMERICA LLC
SEC CIK
Corporate docs
Subsidiaries
TA Operating LLC • TA Franchise Systems LLC • Petro Franchise Systems LLC • TA Operating Nevada LLC • TA Operating Montana LLC • TravelCentres Canada Corporation • TravelCentres Canada, Inc. • TravelCentres Canada Limited Partnership • TA HQ LLC • TA Ventures LLC ...
IRS number
205701514
TA stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
15 Jun 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
RW
Registration withdrawal request
26 May 23
25
Voluntary exchange delisting
26 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
26 May 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 May 23
Transcripts
TA
Earnings call transcript
2022 Q3
2 Nov 22
TA
Earnings call transcript
2022 Q2
2 Aug 22
TA
Earnings call transcript
2022 Q1
3 May 22
TA
Earnings call transcript
2021 Q4
23 Feb 22
TA
Earnings call transcript
2021 Q3
2 Nov 21
TA
Earnings call transcript
2021 Q2
3 Aug 21
TA
Earnings call transcript
2021 Q1
4 May 21
TA
Earnings call transcript
2020 Q4
26 Feb 21
TA
Earnings call transcript
2020 Q3
4 Nov 20
TA
Earnings call transcript
2020 Q2
5 Aug 20
Latest ownership filings
SC 13D/A
Service Properties Trust
18 May 23
SC 13D/A
GAMCO INVESTORS, INC. ET AL
16 May 23
4
Rajan Penkar
15 May 23
4
Peter J Crage
15 May 23
4
Mark R Young
15 May 23
4
Michael J. Barton
15 May 23
4
LISA HARRIS JONES
15 May 23
4
JONATHAN PERTCHIK
15 May 23
4
Joseph Morea
15 May 23
4
Elena Poptodorova
15 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 385.90 mm | 385.90 mm | 385.90 mm | 385.90 mm | 385.90 mm | 385.90 mm |
Cash burn (monthly) | 10.04 mm | 13.19 mm | 3.02 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 128.99 mm | 169.50 mm | 38.81 mm | n/a | n/a | n/a |
Cash remaining | 256.91 mm | 216.41 mm | 347.09 mm | n/a | n/a | n/a |
Runway (months of cash) | 25.6 | 16.4 | 114.9 | n/a | n/a | n/a |
Institutional ownership, Q1 2023
96.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 162 |
Opened positions | 69 |
Closed positions | 53 |
Increased positions | 27 |
Reduced positions | 48 |
13F shares | Current |
---|---|
Total value | 1.15 tn |
Total shares | 14.61 mm |
Total puts | 275.92 k |
Total calls | 257.60 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
SVC Service Properties Trust | 1.18 mm | $58.58 mm |
BLK Blackrock | 909.98 k | $78.71 bn |
Vanguard | 646.22 k | $55.90 bn |
Magnetar Financial | 601.88 k | $52.06 bn |
Nantahala Capital Management | 598.21 k | $51.75 bn |
AWM Investment | 586.05 k | $50.69 bn |
Alpine Associates Management | 492.21 k | $42.58 bn |
GS Goldman Sachs | 476.13 k | $41.19 bn |
Dimensional Fund Advisors | 472.35 k | $40.86 bn |
JPM JPMorgan Chase & Co. | 404.92 k | $35.03 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 23 | Portnoy Adam | Common Stock | Sale back to company | Dispose D | Yes | No | 86 | 621,853 | 53.48 mm | 0 |
15 May 23 | Portnoy Adam | Common Stock | Sale back to company | Dispose D | No | No | 86 | 39,653 | 3.41 mm | 0 |
15 May 23 | Gilmore Barbara D. | Common Stock | Sale back to company | Dispose D | Yes | No | 86 | 4,000 | 344.00 k | 0 |
15 May 23 | Gilmore Barbara D. | Common Stock | Sale back to company | Dispose D | No | No | 86 | 29,900 | 2.57 mm | 0 |
15 May 23 | Joseph Morea | Common Stock | Sale back to company | Dispose D | No | No | 86 | 22,400 | 1.93 mm | 0 |
15 May 23 | Poptodorova Elena | Common Stock | Sale back to company | Dispose D | No | No | 86 | 10,200 | 877.20 k | 0 |
15 May 23 | Barry A. Richards | Common Stock | Sale back to company | Dispose D | No | No | 86 | 82,744 | 7.12 mm | 0 |