ARKO Corp (ARKO)

Over the past six months, Arko reported a net income increase in Q3 2025, accompanied by a slight decrease in adjusted EBITDA and improved merchandise and retail fuel margins, also declaring a quarterly dividend. The company's 'Dealerization' program, converting retail stores to dealer sites, is expected to yield significant operating income and G&A savings. Arko announced a proposed IPO of its subsidiary, ARKO Petroleum Corp., to separate the wholesale fuel distribution business, but the market reaction has been muted. The CFO, Robb Giammatteo, departed from ARKO Corp. ARKO's stock experienced a -29.940% change over the past year, with a 52-week range between $3.51 and $7.84, opening at $4.70 as of January 12, 2026.

Demand for Arko Corp.'s products and services is influenced by seasonal travel patterns and general economic conditions. Fuel sales are affected by these patterns, and the increasing adoption of fuel-efficient vehicles and alternative power systems could impact the demand for motor fuel in the long term. In 2024, electric vehicles accounted for approximately 8.1% of all light vehicle sales in the United States.

Arko Corp. is a Fortune 500 holding company focused on convenience retail and fuel distribution, operating through its subsidiary, GPM Investments, LLC. It operates in four segments: Retail, involving convenience stores selling fuel and merchandise; Wholesale, supplying fuel to independent dealers; Fleet Fueling, operating cardlock locations and managing fueling sites; and GPM Petroleum (GPMP), handling fuel logistics and distribution.

Arko Corp. operates a decentralized network across 33 states. As of March 31, 2025, the company had nearly 3,600 locations, including approximately 1,330 company-operated stores, over 1,960 independent dealer sites, and around 280 unmanned fleet fueling locations. In 2023, Arko had approximately 3,700 locations, with about 1,550 company-operated stores, more than 1,800 independent dealer sites, and approximately 300 unmanned fleet fueling locations.

Arko Corp. has maintained a positive brand reputation, evidenced by its consistent recognition as a Fortune 500 company. Strategic acquisitions, a focus on customer experience through retail store remodeling, and the 'fas REWARDS®' loyalty program contribute to its reputation. The company faces industry headwinds such as labor costs, supply chain issues, fuel price volatility, and inflation.

Arko Corp. is primarily owned by institutional shareholders and insiders, with institutional investors holding 62.42% of the total shares, individual insiders holding 12.4%, and hedge funds holding 27.6%. Major owners include Davidson Kempner Partners, Arie Kotler (CEO), Morris Willner, Phoenix Financial Ltd, Blackrock Inc., Vanguard Group Inc., and Invesco Ltd.