What was the amount of deletions and disposals of land and land improvements for Petro Stopping Center in 2024?

According to Petro Stopping Center's 2025 Franchise Disclosure Document, the deletions and disposals of land and land improvements in 2024 amounted to $85 million. This figure represents the reduction in the value of owned property, plant, and equipment (PP&E) related to land and land improvements due to disposals or removal from service during the year.

For a prospective Petro Stopping Center franchisee, understanding these figures is crucial for assessing the financial health and asset management practices of the company. Deletions and disposals can occur for various reasons, such as selling underperforming assets, redeveloping properties, or writing off obsolete items. While some level of asset turnover is normal, significant or unexpected changes in these figures could indicate underlying issues that warrant further investigation.

It's important to note that this figure only reflects deletions and disposals of land and land improvements. Franchisees should also consider the corresponding figures for other asset categories, such as buildings, equipment, and service stations, to gain a comprehensive view of Petro Stopping Center's asset management strategy. Reviewing these figures over several years can reveal trends and provide insights into the company's long-term investment and divestment decisions.