TravelCenters of America Inc. (TA) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K	10-K	8-K	10-K	10-K
Revenues:
Store and retail services	775.0	751.1	660.9	662.1	732.2
Truck service	830.0	747.1	670.8	674.2	671.4
Restaurant	331.5	310.7	308.5	425.1	416.7
Corporate and Other								100.6
Other	8,908.5	5,528.0	3,205.7	4,356.0	4,411.9			5,350.5
Total revenues [+]	10,845.0	7,336.8	4,846.0	6,117.4	6,232.2	6,232.2	5,316.9	5,451.1
Franchise								17.4
Oil & gas								3,530.1
Revenue growth [+]	47.8%	51.4%	-20.8%	-1.8%	17.2%		-2.5%	-6.2%
Store and retail services	3.2%	13.6%	-0.2%	-9.6%
Truck service	11.1%	11.4%	-0.5%	0.4%
Restaurant	6.7%	0.7%	-27.4%	2.0%
Corporate and Other								48.1%
Convenience stores								87.4%
Unit growth	1.8%	-11.4%	3.3%	1.7%	-44.1%		-0.4%	18.4%
Cost of goods sold [+]	10,296.4	6,964.2	4,558.1	4,594.8	4,786.2	13,257.6	3,965.2	3,975.9
Fuel costs						8,471.4
Gross profit	548.6	372.6	287.9	1,522.6	1,446.0	-7,025.4	1,351.7	1,475.2
Gross margin	5.1%	5.1%	5.9%	24.9%	23.2%	-112.7%	25.4%	27.1%
Selling, general and administrative [+]	190.1	155.4	145.0	413.2	421.4	137.9	420.9	401.4
Sales and marketing				155.5	137.9		146.0	139.1
General and administrative				257.8	283.5		274.9	262.3
Other selling, general and administrative				155.5	137.9		146.0	139.1
Equity in earnings								-4.5
Other operating expenses	-4.1	-2.3		943.8	914.7	-7,273.2	872.7	957.0
EBITDA [+]	362.6	219.6	142.9	165.5	109.9	109.9	58.2	112.4
EBITDA growth	65.1%	53.7%	-13.7%	50.6%	89.0%		-48.2%	-25.9%
EBITDA margin	3.3%	3.0%	2.9%	2.7%	1.8%	1.8%	1.1%	2.1%
Depreciation	108.5	95.9	126.2	98.7	80.7	83.2	86.9	89.8
EBITA	254.1	123.6	16.6	66.9	29.2	26.7	-28.8	22.5
EBITA margin	2.3%	1.7%	0.3%	1.1%	0.5%	0.4%	-0.5%	0.4%
Amortization of intangibles	1.2	0.6	1.5	1.6	2.5		2.5	2.6
EBIT [+]	252.9	123.1	15.1	65.3	26.7	26.7	-31.2	20.0
EBIT growth	105.5%	716.8%	-76.9%	144.4%	-185.6%		-256.4%	-74.8%
EBIT margin	2.3%	1.7%	0.3%	1.1%	0.4%	0.4%	-0.6%	0.4%
Non-recurring items			4.3					2.5
Interest expense	41.8	46.8	30.5	28.4	29.0	29.0	30.0	27.8
Interest expense	41.8	46.8	30.5	28.4	29.0	29.0	30.0	27.8
Other income (expense), net [+]	4.6	-0.8	-1.4	0.9	-2.1	-2.1	0.9	6.6
Other	4.6	-0.8	-1.4	0.9	-2.1	-2.1	0.9
Pre-tax income	215.7	75.5	-21.1	37.8	-4.3	-4.3	-60.3	-3.7
Income taxes	51.6	17.3	-6.2	4.3	1.6	-1.6	80.3	-1.7
Tax rate	23.9%	22.9%	29.3%	11.5%		36.2%		47.3%
Minority interest		-0.3	-1.0	0.1	0.1		0.1	0.1
Earnings from continuing ops	164.1	58.5	-13.9	33.3	-2.9	-2.9	19.8	-2.0
Earnings from discontinued ops					-117.6	-117.6	-10.6
Net income	164.1	58.5	-13.9	33.3	-120.6	-120.6	9.2	-2.0
Net margin	1.5%	0.8%	-0.3%	0.5%	-1.9%	-1.9%	0.2%	0.0%

Basic EPS [+]	$11.40	$4.11	($1.27)	$4.28	($0.38)		$0.53	($0.05)
Growth	177.5%	-423.8%	-129.6%	-1221.5%	-172.5%		-1065.4%	-107.2%
Diluted EPS [+]	$11.40	$4.11	($1.27)	$4.28	($0.38)		$0.53	($0.05)
Growth	177.5%	-423.8%	-129.6%	-1221.5%	-172.5%		-1065.4%	-107.2%

Shares outstanding (basic) [+]	14.4	14.3	11.0	7.8	7.6		37.5	37.0
Growth	1.0%	30.0%	40.8%	1.8%	-79.6%		1.5%	1.3%
Shares outstanding (diluted) [+]	14.4	14.3	11.0	7.8	7.6		37.5	37.0
Growth	1.0%	30.0%	40.8%	1.8%	-79.6%		1.5%	1.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.