Invezz

Global Partners (GLP)

NYSE Market Open

Global Partners LP is a US master limited partnership focused on energy logistics, wholesale supply, and fuel distribution. The partnership buys, stores, transports, blends, and sells petroleum products and other fuels across a network that is concentrated in the Northeast, with assets that include bulk terminals, storage capacity, rail access, and marine and truck logistics. Its role is to connect refiners, producers, importers, retailers, and commercial users in markets where reliable fuel supply and terminal access are essential.

The company handles a broad range of products, including gasoline and blendstocks, diesel and heating oil, residual fuel, renewable fuels, crude oil, natural gas, and propane. Its terminal network supports distribution in states such as Massachusetts, Maine, Connecticut, and Vermont, while its wholesale operations serve independent dealers, wholesalers, and other counterparties.

Global Partners also operates in downstream retail through gasoline distribution and station operations, a segment that includes fuel supply to branded and unbranded stations as well as company-controlled convenience retail locations. This part of the business is an important revenue driver because it combines wholesale fuel economics with retail site operations and convenience store sales. The commercial segment supplies fuel and related services to businesses, government entities, and other large end users.

As a partnership, Global Partners is closely tied to fuel demand, regional supply patterns, wholesale margins, terminal utilization, and the performance of its retail network. Its distinctive position comes from combining midstream infrastructure with marketing and retail distribution in dense Northeastern fuel markets.

42.23 USD
−0.81 (-1.64%)

Last updated

Market Cap
1.67B
P/E
13.65
P/FCF
13.25
P/S
0.09
Enterprise Value
3.53B
Sector
Energy
Industry
Petroleum Bulk stations and Terminals
Address
P.O. BOX 9161, WALTHAM, MA, 02454
Zacks Investment Research

What Will Global Partners' (GLP) Q1 Earnings Unveil?

May 06, 2024, 08:32 AM
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May 01, 2024, 18:15 PM
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Apr 22, 2024, 09:40 AM
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Market Cap
1.67B
Enterprise Value
3.53B
P/E
13.65
P/B
2.35
P/S
0.09
EV / EBITDA
8.38
EV / Sales
0.18
EPS
3.61
Dividend Yield
7.88%
P/FCF
13.25
P/CF
7.22
Free Cash Flow
126.25M
ROE
17.22%
ROA
2.84%
Debt / Equity
2.63
Current Ratio
1.1
Quick Ratio
0.61
Cash
0.01
Avg Volume
71.59K
Fundamentals Snapshot Price
49.26

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 5.32B 4.65B 4.69B 4.63B 4.59B
Gross profit 332.17M 263.08M 271.37M 272.36M 255.24M
Operating income 102.31M 54.2M 61.42M 60.55M 53.4M
EBITDA 137.9M 89.52M 96.67M 96.67M 89.3M
Net income 62.96M 18.34M 22.45M 18.81M 12.49M
Basic EPS 1.86 0.54 0.66 0.55 0.37
Diluted EPS 1.85 0.54 0.66 0.55 0.36

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 4.31B 3.85B 3.7B 3.78B 3.82B
Total liabilities 3.6B 3.18B 3.02B 3.1B 3.12B
Total equity 711.78M 675.54M 682.48M 686.31M 695.5M
Cash & equivalents 18.37M 12.24M 17.93M 16.1M 7.48M
Current assets 1.67B 1.21B 1.11B 1.19B 1.22B
Current liabilities 1.52B 1.07B 926.2M 1.02B 1.06B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -104.7M 101.05M 19.03M 216.32M -51.59M
Investing cash flow -28.11M -36.17M -20.37M -15.94M -28.49M
Financing cash flow 138.94M -70.57M 3.18M -191.76M 79.35M
Change in cash 6.13M -5.69M 1.84M 8.62M -730K
Kind Filing Date Link
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
edgar index 8-K — GLOBAL PARTNERS LP View Filing
edgar index 10-Q — GLOBAL PARTNERS LP View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Seabrook Kristin K. View Filing
form 4 Form 4 — Seabrook Kristin K. View Filing
form 4 Form 4 — Seabrook Kristin K. View Filing
form 4 Form 4 — Global GP LLC View Filing
form 4 Form 4 — Global GP LLC View Filing
edgar index 8-K — GLOBAL PARTNERS LP View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 8-K — GLOBAL PARTNERS LP View Filing
edgar index 4/A — GLOBAL PARTNERS LP View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 144 — GLOBAL PARTNERS LP View Filing
form 4 Form 4 — Romaine Mark View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 8-K — GLOBAL PARTNERS LP View Filing
edgar index 10-K — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
edgar index 4 — GLOBAL PARTNERS LP View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Seabrook Kristin K. View Filing
form 4 Form 4 — Slifka Eric View Filing
form 4 Form 4 — Spencer Matthew View Filing
form 4 Form 4 — Romaine Mark View Filing
form 4 Form 4 — Hanson Gregory B. View Filing
form 4 Form 4 — HAILER JOHN T View Filing
form 4 Form 4 — HAILER JOHN T View Filing
form 4 Form 4 — OWENS ROBERT W View Filing
form 4 Form 4 — OWENS ROBERT W View Filing
form 4 Form 4 — Pereira Jaime View Filing