Private company

TravelCenters of America Inc. /MD/

American retail-auto dealers and gasoline stations company1

In its 2023 annual report the company says: “TravelCenters of America Inc. is a Maryland corporation. Our travel centers offer a broad range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services such as a wide range of truck repair and maintenance services, diesel exhaust fluid, or DEF, full service restaurants, or FSRs, quick service restaurants, or QSRs, and various customer amenities.”60 It is headquartered in Westlake, Ohio.1

Last updated Oct 20, 2026.

Overview

  • IndustryRetail-Auto Dealers & Gasoline Stations1
  • HeadquartersWestlake, Ohio1
  • Incorporated inMD2
  • Business address24601 Center Ridge Road, Westlake, Oh 441452
  • Filer categoryAccelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

2.3%Operating margin3
1.5%Net margin3
47.8%Revenue growth, 20223
18.8%Return on equity3
0.60×Debt to equity3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Selling, general and admin2¢$190.1M
  • Other costs96¢$10.4B
  • Income tax0¢$51.6M
  • Profit2¢$164.1M

Out of $10.8B in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Share buybacks1¢$2.2M
  • Kept or used elsewhere99¢$181.4M

Out of $183.7M of cash from operations.3

Financial statements

Revenue45673$10.8B in 2022+99% since 2016
0$5.0B$10.0B$15.0B2016: $5.5B$5.5B20162017: $5.3B$5.3B2017−2%2018: $6.2B$6.2B2018+17%2019: $6.1B$6.1B2019−2%2020: $4.8B$4.8B2020−21%2021: $7.3B$7.3B2021+51%2022: $10.8B$10.8B2022+48%
Operating income45673$252.9M in 2022+1046% since 2016
-$100.0M0$100.0M$200.0M$300.0M2016: $22.1M$22.1M20162017: -$31.2M-$31.2M20172018: $26.7M$26.7M20182019: $65.3M$65.3M2019+144%2020: $10.8M$10.8M2020−83%2021: $123.0M$123.0M2021+1042%2022: $252.9M$252.9M2022+106%
Net income45673$164.1M in 2022
-$200.0M-$100.0M0$100.0M$200.0M2016: -$2.0M-$2.0M20162017: $9.2M$9.2M20172018: -$120.6M-$120.6M20182019: $33.3M$33.3M20192020: -$13.9M-$13.9M20202021: $58.5M$58.5M20212022: $164.1M$164.1M2022+180%
Fiscal year2016201720182019202020212022
Revenue$5.5B4$5.3B5$6.2B6$6.1B7$4.8B3$7.3B3$10.8B3
Cost of revenue$4.0B4$4.0B5$4.8B6$4.6B7$3.4B11$5.8B11
Selling, general and admin$139.1M4$146.0M5$137.9M6$155.5M7$145.0M3$155.4M3$190.1M3
Operating income$22.1M4-$31.2M5$26.7M6$65.3M7$10.8M3$123.0M3$252.9M3
Interest
Income before tax$75.5M3$215.7M3
Income tax-$1.7M4-$80.2M5-$1.6M6$4.3M7-$6.2M3$17.3M3$51.6M3
Net income-$2.0M4$9.2M5-$120.6M6$33.3M7-$13.9M3$58.5M3$164.1M3
Earnings per share-$1.233$4.013$11.043
Earnings per share (diluted)-$1.233$4.013$11.043
Shares (weighted, basic)14.3M shares314.4M shares3
Shares (weighted, diluted)14.3M shares314.4M shares3

Compare TravelCenters of America Inc. /MD/ with another company

Corporate structure

TravelCenters of America Inc. /MD/ sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TravelCenters of America Inc. /MD/

  • GAMCO Investors Filed SC 13D/A on TravelCenters of America Inc. /MD/, latest May 16, 2023 (2 filings since May 5, 2023)
  • Nantahala Capital Management, LLC Filed SC 13G/A on TravelCenters of America Inc. /MD/, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • TravelCenters of America Inc. /MD/ Westlake, Ohio

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TravelCenters of America Inc. /MD/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.8B3 Dec 31, 2022$1.6B3 Dec 31, 2021+15.3%
Accumulated depreciation$791.8M3 Dec 31, 2022$722.0M3 Dec 31, 2021+9.7%
Property and equipment, net$999.4M3 Dec 31, 2022$831.4M3 Dec 31, 2021+20.2%
Finance-lease assets$40.5M3 Dec 31, 2022$42.3M3 Dec 31, 2021−4.2%
Operating-lease assets (leased space)$1.6B3 Dec 31, 2022$1.7B3 Dec 31, 2021−5.0%

Real estate and locations

ItemLatestA year beforeChange
Stores2853 Dec 31, 20223167 Dec 31, 2020−9.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$416.0M3 Dec 31, 2022$536.0M3 Dec 31, 2021−22.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$37.1M3 Dec 31, 2022$22.2M3 Dec 31, 2021+67.1%
Intangible assets, net (excluding goodwill)$14.5M3 Dec 31, 2022$10.9M3 Dec 31, 2021+32.5%
Finite-lived intangibles, gross$25.3M3 Dec 31, 2022$21.2M3 Dec 31, 2021+19.1%
Accumulated amortization$18.7M3 Dec 31, 2022$18.2M3 Dec 31, 2021+2.7%
Finite-lived intangibles, net$6.6M3 Dec 31, 2022$3.0M3 Dec 31, 2021+117.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$272.1M3 Dec 31, 2022$191.8M3 Dec 31, 2021+41.8%

Leadership

Who has led TravelCenters of America Inc. /MD/, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Timothy L. Doane2007
  2. Brien Thomas M. O.2007–2017
  3. Andrew J. Rebholz2018–2019
  4. Jonathan Pertchik2019–2023

President

  1. Timothy L. Doane2007
  2. Brien Thomas M. O.2007–2017
  3. Barry A. Richards2018–2023

Chief financial officer

  1. James W. George2007
  2. John R. Hoadley2007
  3. Andrew J. Rebholz2007–2017
  4. Peter J. Crage2020–2023

Chief operating officer

  1. Barry A. Richards2018–2019
2010201520202025
Board members and other officers (23)

Former names

  • TRAVELCENTERS OF AMERICA LLCDec 12, 2006 to Jul 30, 20192

Timeline

  1. May 16, 20238-K Listing notice or transfer; Regulation FD disclosure42
  2. May 15, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer43
  3. May 11, 20238-K Shareholder vote; Other events44
  4. May 5, 20238-K Other events45
  5. Apr 26, 20238-K Results of operations46
  6. Apr 24, 20238-K Other events47
  7. Feb 28, 20238-K Results of operations48
  8. Feb 16, 20238-K Entered a material agreement; Executive or director change; Other events49
  9. Dec 1, 20228-K Regulation FD disclosure50
  10. Nov 1, 20228-K Results of operations51
  11. Sep 20, 20228-K Regulation FD disclosure52
  12. Aug 1, 20228-K Results of operations53
  13. Dec 16, 2019New chief executive Jonathan Pertchik becomes CEO12
  14. Mar 16, 2018New chief executive Andrew J. Rebholz becomes CEO13
  15. Mar 28, 2007New chief executive Brien Thomas M. O. becomes CEO15
  16. Jan 31, 2007New chief executive Timothy L. Doane becomes CEO14

Calendar

When it reported results

  1. Apr 26, 2023Reported quarterly or annual results46
  2. Feb 28, 2023Reported quarterly or annual results48
  3. Nov 1, 2022Reported quarterly or annual results51
  4. Aug 1, 2022Reported quarterly or annual results53
  5. May 2, 2022Reported quarterly or annual results54
  6. Feb 22, 2022Reported quarterly or annual results55
  7. Nov 1, 2021Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

101 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 17 major events, 40 insider forms, 4 large holders, 32 other. The latest 20:

  1. Jun 15, 202315-12G EDGAR
  2. May 26, 2023S-8 POS EDGAR
  3. May 26, 2023S-8 POS EDGAR
  4. May 26, 2023S-8 POS EDGAR
  5. May 26, 2023S-8 POS EDGAR
  6. May 26, 2023RW EDGAR
  7. May 26, 202325 EDGAR
  8. May 26, 2023S-8 POS EDGAR
  9. May 26, 2023S-8 POS EDGAR
  10. May 16, 20238-K EDGAR
  11. May 16, 2023SC 13D/A EDGAR
  12. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  13. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  14. May 15, 20234 EDGAR
  15. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  16. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  17. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  18. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  19. May 15, 20234 OWNERSHIP DOCUMENT EDGAR
  20. May 15, 20234 OWNERSHIP DOCUMENT EDGAR

The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How TravelCenters of America Inc. /MD/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTravelCenters of America Inc. /MD/1
  • CIK0001378453
  • Employer ID (EIN)20-57015141
  • Filer statusAccelerated filer1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)5500 Retail-Auto Dealers & Gasoline Stations1
  • Business address24601 Center Ridge Road, Westlake, OH 441451
  • Phone440-808-91001
  • Shares outstanding15,099,648 as of Apr 20, 202310
  • Public float$429.7M as of Jun 30, 202259
  • On EDGAR sinceDec 12, 20061
  • Filings822 in all: 4 (285), 8-K (169), 10-Q (49), DEFA14A (36), SC 13G/A (36), 3 (31), SC 13G (20), UPLOAD (19)1
    All 49 form types

    10-K (17), CORRESP (16), DEF 14A (15), S-8 POS (12), 424B5 (10), 8-A12B (9), EFFECT (9), ARS (8), S-8 (7), 25 (6), DFAN14A (6), S-1/A (5), S-3 (5), 4/A (4), CERTNYS (4), 10-K/A (3), 10-Q/A (3), FWP (3), S-1 (3), S-3/A (3), 25-NSE (2), 8-A12B/A (2), NT 10-K (2), NT 10-Q (2), PRE 14A (2), S-1MEF (2), SC 13D (2), SC 13D/A (2), 15-12B (1), 15-12G (1), 305B2 (1), 424B1 (1), 424B4 (1), 8-K/A (1), CERTAMX (1), CERTNAS (1), CT ORDER (1), DEFM14A (1), POS AM (1), PREM14A (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2023
    Quarterly report (10-Q) Apr 27, 2023
    Proxy statement (DEF 14A) Apr 7, 2022
    Latest 8-K (8-K) May 16, 2023

Sources

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