What was the amount of depreciation, depletion, and amortization for Petro Stopping Center in 2024?

According to Petro Stopping Center's 2025 Franchise Disclosure Document, the charge for depreciation for the year 2024 was $7,235 million. This figure represents the depreciation of owned property, plant, and equipment (PP&E). The depreciation charge is broken down across various asset categories, including land and land improvements, buildings, oil and gas properties, plant machinery and equipment, fittings fixtures and office equipment, transportation, and oil depots storage tanks and service stations.

Depreciation, depletion, and amortization are accounting methods used to allocate the cost of an asset over its useful life. In the case of Petro Stopping Center, this includes physical assets like buildings and equipment, as well as resources like oil and gas properties. The depreciation charge reflects the reduction in value of these assets due to wear and tear, obsolescence, or depletion.

For a prospective Petro Stopping Center franchisee, understanding these depreciation charges is crucial for assessing the financial health and capital expenditure requirements of the business. While this data provides insight into the depreciation of owned assets, it does not detail the depreciation of right-of-use assets. Reviewing these figures in the context of the overall financial statements can provide a more complete picture of the company's asset management and profitability.