What were the total revenues and other income for Petro Stopping Center in 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| Note | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales and other operating revenues | 4 | 79,377 | 83,612 | 92,710 |
| Earnings from joint ventures and associates - after interest and tax | 12,13 | 206 | (1,062) | (111) |
| Interest and other income | 5 | 2,877 | 2,830 | 1,879 |
| Gains on sale of businesses and fixed assets | 3 | 471 | 191 | 116 |
| Total revenues and other income | 82,931 | 85,571 | 94,594 |
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the total revenues and other income for 2024 were $82,931 million. This figure is derived from adding several components, including sales and other operating revenues, earnings from joint ventures and associates (after interest and tax), interest and other income, and gains on the sale of businesses and fixed assets.
For a prospective franchisee, understanding the composition of this total revenue figure is crucial. Sales and other operating revenues constitute the bulk of the revenue at $79,377 million, indicating the primary income streams are from the core operations of Petro Stopping Center. Interest and other income contributed $2,877 million, while gains on the sale of businesses and fixed assets added $471 million. Earnings from joint ventures and associates accounted for $206 million.
It's also useful to compare the 2024 figures with those from previous years to identify trends. In 2023, the total revenues and other income were $85,571 million, and in 2022, they were $94,594 million. This shows a decreasing trend in total revenues and other income over the three years. A potential franchisee should investigate the reasons behind this decline to assess the financial stability and growth potential of Petro Stopping Center.
Understanding these revenue streams and their trends can help a franchisee make informed decisions about their investment and operational strategies. It's important to note that these figures represent the overall performance of Petro Stopping Center and may not directly reflect the performance of an individual franchise location. Franchisees should also consider expenses and other financial factors to determine their potential profitability.