GLP · Global Partners LP - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.32B | - | $4.69B | $4.63B | $4.59B | - | $4.42B | $4.41B | $4.15B | - |
| Cost of Revenue | $4.99B | - | $4.42B | $4.35B | $4.34B | - | $4.14B | $4.12B | $3.93B | - |
| Gross Profit | $332.17M | - | $271.37M | $272.36M | $255.24M | - | $286.05M | $287.88M | $215.13M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $99.35M | - | $76.29M | $74.78M | $73.72M | - | $70.50M | $72.37M | $69.78M | - |
| Total Operating Expenses | $226.43M | - | $209.95M | $212.30M | $199.35M | - | $202.60M | $204.01M | $189.30M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $105.74M | - | $61.41M | $60.07M | $55.89M | - | $83.45M | $83.87M | $25.84M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $839.0K | - | ($447.0K) | ($112.0K) | $1.23M | - | $2.25M | $1.84M | $363.0K | - |
| Net Income | $70.14M | - | $29.02M | $25.21M | $18.68M | - | $45.92M | $46.15M | ($5.60M) | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.37M | $12.24M | $17.93M | $16.10M | $7.48M | $8.21M | $20.57M | $14.11M | $72.82M | $19.64M |
| Accounts Receivable | $772.95M | $530.14M | $521.48M | $563.96M | $577.51M | $472.59M | $471.90M | $602.21M | $561.93M | $551.76M |
| Inventory | $736.14M | $549.12M | $478.51M | $495.60M | $517.43M | $594.07M | $499.47M | $567.02M | $403.95M | $397.31M |
| Accounts Payable | $749.82M | $573.20M | $486.34M | $590.35M | $520.40M | $509.98M | $454.48M | $557.84M | $475.45M | $648.72M |
| Current Assets | $1.71B | $1.23B | $1.13B | $1.22B | $1.24B | $1.21B | $1.12B | $1.30B | $1.15B | $1.10B |
| Total Assets | $4.31B | $3.85B | $3.70B | $3.78B | $3.82B | $3.79B | $3.67B | $3.83B | $3.47B | $3.45B |
| Current Liabilities | $1.52B | $1.08B | $933.90M | $1.03B | $1.07B | $1.00B | $983.27M | $1.18B | $986.03M | $982.79M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $3.60B | $3.18B | $3.02B | $3.10B | $3.12B | $3.07B | $2.94B | $3.12B | $2.70B | $2.65B |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($104.70M) | - | - | - | ($51.59M) | - | - | - | ($182.70M) | - |
| Investing Cash Flow | ($28.11M) | - | - | - | ($28.49M) | - | - | - | ($1.51M) | - |
| Financing Cash Flow | $138.94M | - | - | - | $79.35M | - | - | - | $237.39M | - |
| CapEx | $31.86M | - | - | - | $17.88M | - | - | - | $16.61M | - |
| Free Cash Flow | ($136.56M) | - | - | - | ($69.47M) | - | - | - | ($199.32M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 6.2% | - | 5.8% | 5.9% | 5.6% | - | 6.5% | 6.5% | 5.2% | - |
| Operating margin | 2.0% | - | 1.3% | 1.3% | 1.2% | - | 1.9% | 1.9% | 0.6% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 1.3% | - | 0.6% | 0.5% | 0.4% | - | 1.0% | 1.0% | -0.1% | - |
| Free cash flow margin | -2.6% | - | - | - | -1.5% | - | - | - | -4.8% | - |
| FCF / Net income | -1.95 | - | - | - | -3.72 | - | - | - | 35.58 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.9% | - | 1.6% | 1.6% | 1.6% | - | 1.6% | 1.6% | 1.7% | - |
| Effective tax rate | 1.2% | - | -1.6% | -0.4% | 6.2% | - | 4.7% | 3.8% | - | - |
| Return on assets | 1.6% | - | 0.8% | 0.7% | 0.5% | - | 1.3% | 1.2% | -0.2% | - |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.12 | 1.14 | 1.21 | 1.18 | 1.17 | 1.21 | 1.14 | 1.10 | 1.17 | 1.12 |
| Quick ratio | 0.64 | 0.63 | 0.70 | 0.70 | 0.68 | 0.61 | 0.64 | 0.62 | 0.76 | 0.71 |
| Cash ratio | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.07 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | 0.83 | 0.82 | 0.82 | 0.82 | 0.82 | 0.81 | 0.80 | 0.82 | 0.78 | 0.77 |
| Efficiency | ||||||||||
| Asset turnover | 1.23 | - | 1.27 | 1.22 | 1.20 | - | 1.21 | 1.15 | 1.20 | - |
| Inventory turnover | 6.78 | - | 9.24 | 8.79 | 8.38 | - | 8.28 | 7.27 | 9.73 | - |
| Days sales outstanding | 53d | - | 41d | 44d | 46d | - | 39d | 50d | 49d | - |
| Days inventory outstanding | 54d | - | 39d | 42d | 44d | - | 44d | 50d | 38d | - |
| Days payable outstanding | 55d | - | 40d | 49d | 44d | - | 40d | 49d | 44d | - |
| Cash conversion cycle | 52d | - | 40d | 37d | 46d | - | 43d | 51d | 43d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 15.9% | - | 6.2% | 4.9% | 10.8% | - | 4.8% | 15.1% | 2.9% | - |
| Revenue CAGR (3y) | 9.7% | - | 0.5% | -4.6% | 0.7% | - | 10.0% | 10.4% | 17.5% | - |
| Revenue CAGR (5y) | 15.8% | - | 17.9% | 25.8% | 12.1% | - | 6.4% | 4.7% | 6.8% | - |
| Gross profit growth (YoY) | 30.1% | - | -5.1% | -5.4% | 18.6% | - | 25.2% | 18.6% | -3.1% | - |
| Operating income growth (YoY) | 89.2% | - | -26.4% | -28.4% | 116.3% | - | 73.9% | 33.8% | -49.8% | - |
| Net income growth (YoY) | 275.4% | - | -36.8% | -45.4% | - | - | 71.3% | 11.5% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -96.6% | - | - | - | 65.1% | - | - | - | -477.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$18.56B totalWholesale Segment$12.66B · 68.2%
Gasoline Distribution And Station Operations Segment$4.78B · 25.8%
Commercial Segment$1.12B · 6.0%
Product / service
$20.65B totalGasoline And Gasoline Blendstock$7.79B · 37.7%
Distillates Residual Oil And Crude Oil$4.87B · 23.6%
Gasoline$4.24B · 20.5%
Refined Petroleum Products Renewable Fuels Crude Oil And Propane$3.21B · 15.5%
Station Operations$546.65M · 2.6%
Peer comparison
Same SIC group: Wholesale-Petroleum Bulk Stations & Terminals
Comparing GLOBAL PARTNERS LP against the 2 most active filers in the same SIC group.
Dividends
$3.03/share trailing 12 months · +3.2% YoY
| Ex-date | Per share |
|---|---|
| May 11, 2026 | $0.7650 |
| Feb 9, 2026 | $0.7600 |
| Nov 10, 2025 | $0.7550 |
| Aug 8, 2025 | $0.7500 |
| May 9, 2025 | $0.7450 |
| Feb 10, 2025 | $0.7400 |
| Nov 8, 2024 | $0.7300 |
| Aug 8, 2024 | $0.7200 |
| May 8, 2024 | $0.7100 |
| Feb 7, 2024 | $0.7000 |
| Nov 7, 2023 | $0.6850 |
| Aug 7, 2023 | $0.6750 |
| May 8, 2023 | $0.6550 |
| Feb 7, 2023 | $1.5730 |
| Nov 7, 2022 | $0.6250 |
| Aug 5, 2022 | $0.6050 |
| May 6, 2022 | $0.5950 |
| Feb 7, 2022 | $0.5850 |
| Nov 5, 2021 | $0.5750 |
| Aug 6, 2021 | $0.5750 |
| May 7, 2021 | $0.5750 |
| Feb 5, 2021 | $0.5500 |
| Nov 6, 2020 | $0.5000 |
| Aug 7, 2020 | $0.4590 |