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Global Partners LP (GLP)

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Global Partners LP (GLP) reported revenue of $6.8 billion for Q2 FY2026, the quarter ended 30 June 2026, up 46.8% on the same quarter a year earlier. Net income was $71 million, up 181.6% on the year. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$6.8 billionup 46.8%
Net income$71 millionup 181.6%
Diluted EPSn/a
QuarterQ2 FY2026ended 30 June 2026

Global Partners (GLP) in brief

Global Partners (GLP) reported revenue of $18.6 billion for fiscal 2025, the year ended 31 December 2025, up 8.1% on the year before.
Read moreNet income was $98 million. Revenue was $17.2 billion in fiscal 2024, $16.5 billion in fiscal 2023, $18.9 billion in fiscal 2022 and $13.2 billion in fiscal 2021. Net income in the same years was $110 million, $153 million, $362 million and $61 million. Over the twelve months to 30 June 2026, Global Partners reported revenue of $21.5 billion and net income of $195 million. Revenue grew 17.4% a year, compounded, over the five years to fiscal 2025. Global Partners had 34 million shares outstanding at the latest filed count. At 30 June 2026 it carried $1.3 billion of debt and $24 million of cash. At the close of 27 October 2026 the market cap of Global Partners was $1.6 billion.

Ratios

From the filings

ROEn/a
ROCEn/a
Operating margin1.5%
Net margin0.9%
FCF margin0.9%
Interest covern/a
Debt to equityn/a
Cash conversion1.66
Share count, last 12 months0.0%
Sales CAGR, 3 years-0.6%
Profit CAGR, 3 years-35.3%
EPS, TTMn/a

At the close of 27 October 2026

Price$47.86
Market cap$1.6 billion
Stock P/En/a
Price to bookn/a
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales0.08
52-week high$54.07
52-week low$39.58
Price, 1 year4.9%
Price CAGR, 3 years17.1%
Price CAGR, 5 years15.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Global Partners LP's balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
GLPgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on GLP

Dividendsno dividend in its filings for fiscal 2009 onward
Filings20 in twelve months: 15 current reports (8-K), about 11 regulation FD disclosure; 4 results of operations; 2 new financial obligation; 1 material agreement; 1 other events
Planned insider sales1 Form 144 notice in twelve months, $1.5 million; latest 9 March 2026
Options tapeput/call 0.2 by open interest at the 27 October 2026 close; the straddle prices a 10.2% move to 20 November 2026
13F holders115 funds reported a position for the quarter to 30 June 2026; largest Alps Advisors Inc.
Insider trading12 sales and 51 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest215,527 shares short, 3.08 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,3244,0924,5015,3244,6274,4274,0303,8324,2214,4094,1454,4104,4224,1864,5924,6274,6944,6485,3226,792
Cost of revenue3,1213,8994,2945,0424,2984,1453,8083,5893,9934,1293,9304,1224,1363,9174,3374,3554,4234,3854,9906,463
Gross profit203193206281328282222243229280215288286269255272271263332329
Gross margin6%5%5%5%7%6%6%6%5%6%5%7%6%6%6%6%6%6%6%5%
SG&A54.757.856.360.965.180.862.366.763.581.369.872.470.579.473.774.876.380.999.383.0
Operating income53.739.653.118714179.051.562.748.081.625.883.983.558.155.960.161.457.3106107
Operating margin2%1%1%4%3%2%1%2%1%2%1%2%2%1%1%1%1%1%2%2%
Pre-tax income34.019.931.716612259.429.442.128.161.1-5.248.048.224.019.925.128.625.471.076.3
Tax rate1%3%4%2%9%3%1%2%4%9%n/a4%5%1%6%-0%-2%2%1%7%
Net income33.619.330.516311157.529.041.426.855.3-5.646.145.923.918.725.229.025.170.171.0
Net margin1%0%1%3%2%1%1%1%1%1%-0%1%1%1%0%1%1%1%1%1%
Diluted EPSn/an/an/an/an/an/an/an/an/a$1.41n/an/an/a$0.52n/an/an/a$0.54n/an/a
Operating cash flow153-48.822.6363192-96.9-19.326597.1169-18324.312367.2-51.621619.0101-105309
Capital expenditure26.836.217.125.323.441.015.222.117.534.116.615.624.346.817.915.119.738.831.935.0
Free cash flow126-85.05.5337168-138-34.524379.6135-1998.798.420.4-69.5201-0.762.2-137274
Buybacks0.0n/an/an/a0.0n/an/an/an/an/an/an/a3.3n/a0.53.03.82.6n/an/a
Shares outstanding34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m34m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 17 fiscal years and the trailing twelve months

FY2009FY2010FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue5,8187,80214,83617,62619,59017,27010,3158,2408,92112,67313,0828,32213,24818,87816,49217,16418,56121,456
Cost of revenue5,6697,63514,62617,29319,18416,7279,7177,6938,33812,02212,4197,60012,52917,78015,51916,10617,49920,261
Gross profit1501672103334055455985465836506637217191,0989741,0581,0621,196
Gross margin2.6%2.1%1.4%1.9%2.1%3.2%5.8%6.6%6.5%5.1%5.1%8.7%5.4%5.8%5.9%6.2%5.7%5.6%
Selling, general and administrative61.066.173.995.7115154177150155171171193213263274292306340
Operating income50.849.355.490.385.4166115-152120197139192142460244251235332
Operating margin0.9%0.6%0.4%0.5%0.4%1.0%1.1%-1.8%1.3%1.6%1.1%2.3%1.1%2.4%1.5%1.5%1.3%1.5%
Interest expense15.222.335.942.043.547.873.3n/an/an/an/an/an/an/an/an/an/an/a
Pre-tax income35.627.019.448.341.911841.4-23933.610836.310262.137916111599.0201
Income tax1.4n/a0.11.60.81.0-1.90.1-23.65.61.1-0.11.316.88.14.61.16.1
Effective tax rate4.0%n/a0.4%3.3%2.0%0.8%-4.5%n/a-70.2%5.2%3.0%-0.1%2.2%4.4%5.1%4.0%1.1%3.0%
Net income34.127.019.4n/a41.111743.6-19958.810435.910260.836215311098.0195
Net margin0.6%0.3%0.1%n/a0.2%0.7%0.4%-2.4%0.7%0.8%0.3%1.2%0.5%1.9%0.9%0.6%0.5%0.9%
Diluted EPSn/an/a$0.87$1.71$1.42$3.95$1.11-$5.91$1.74$2.95$0.81$2.74n/an/an/an/an/an/a
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Wholesale segment9,61310,71812,65968.2%
GDSO5,8415,3744,78425.8%
Commercial segment1,0381,0721,1196.0%
Wholesale segmentGDSOCommercial segment
16.5FY202317.2FY202418.6FY2025

$ billion; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2009FY2010FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-61.1-87.2-17.423225534562.5-12034816994.431350.248051231.6285325
Capital expenditure9.114.716.044.967.195.192.971.349.969.282.976.310210788.810391.5125
Free cash flow-70.2-102-33.3188188250-30.4-19129999.711.5236-51.5373424-71.7193199
Free cash flow margin-1.2%-1.3%-0.2%1.1%1.0%1.4%-0.3%-2.3%3.3%0.8%0.1%2.8%-0.4%2.0%2.6%-0.4%1.0%0.9%
Cash from investing-9.1-263-13.4n/an/an/a-6506.4-61.6-226-67.2-69.7-115-236-492-277-101-116
Cash from financing69.935232.7n/an/an/a583122-28250.1-23.3-24566.0-251-4.5234-180-201
Depreciation and amortisation14.720.130.445.577.186.4n/an/an/an/an/an/an/an/an/an/an/an/a
Share-based compensation1.90.20.40.01.83.54.24.12.82.72.01.10.72.710.615.513.419.8
Buybacksn/an/an/an/an/a8.63.9n/an/an/an/a0.33.82.93.514.210.0n/a
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a34m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2009FY2010FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Debtn/an/an/an/a1483606576596626646917729448947601,3161,3591,309
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a239227228231200252311298
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/a148147144142138134129126
Total liabilities and equityn/a1,6721,8772,3302,4282,0312,6642,5642,3202,4242,8082,5402,8313,1613,4463,7883,8514,022
Owned
Fixed assetsn/a4234097128048251,2431,1001,0371,1331,1051,0821,0991,2181,5141,7071,6571,652
Goodwilln/an/an/a32.3154154435295312327324324328428429422422422
Intangible assetsn/a40.136.760.867.848.975.765.056.558.546.835.926.026.920.718.713.310.8
Cash and equivalents0.72.44.36.09.25.21.110.014.98.112.09.710.84.019.68.212.223.9
Receivablesn/a553622697686458311421417335413227411479552473530706
Inventoryn/a587664635573337389522351386450384510567397594549578
Other assetsn/a67.3141187134203209151132176457477446438514566667629
Total assetsn/a1,6721,8772,3302,4282,0312,6642,5642,3202,4242,8082,5402,8313,1613,4463,7883,8514,022
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded6.1%17.4%-0.6%20.4%
Profit growth, compounded8.4%-0.8%-35.3%71.7%
Return on equity, averagen/an/an/an/a
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Global Partners' revenue in fiscal 2025?

Global Partners (GLP) reported revenue of $18.6 billion for fiscal 2025, the year ended 31 December 2025, up 8.1% on the year before.

How much did Global Partners earn in fiscal 2025?

Net income was $98 million for fiscal 2025.

What is Global Partners' market cap?

The market cap of Global Partners was $1.6 billion at the close of 27 October 2026.

How much debt does Global Partners have?

At 30 June 2026 Global Partners carried $1.3 billion of debt and $24 million of cash.

Peers: Wholesale

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Boise Cascade Co. BCC$2.7 billion25.785.2%2.5%-1.5%0.221.2%
DXP Enterprises Inc. DXPE$2.6 billion29.4817.2%8.8%11.5%1.53n/a
Eplus Inc. PLUS$2.5 billionn/an/an/an/a0.000.8%
Central Garden & Pet Co. CENTA$2.4 billion14.499.5%8.1%-1.2%0.68n/a
PC Connection Inc. CNXN$2.2 billion23.4510.1%3.9%3.2%0.000.8%
Andersons, Inc. ANDE$2.2 billion12.3513.4%n/a-5.2%0.681.2%
Vestis Corp. VSTS$2.0 billionn/a-0.6%3.6%-0.4%1.240.2%
World Kinect Corp. WKC$1.9 billionn/a-14.3%-0.1%7.6%0.592.3%
Global Industrial Co. GIC$1.7 billion19.9125.4%8.1%8.4%0.002.4%
Global Partners LP GLP$1.6 billionn/an/a1.5%20.4%n/an/a
Distribution Solutions Group, Inc. DSGR$1.6 billion184.261.4%3.5%6.4%1.11n/a
Scansource, Inc. SCSC$1.2 billion16.758.7%3.1%6.1%0.11n/a
All 46 in Wholesale
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McKesson Corp. MCK$112.7 billion25.87n/a1.6%8.8%n/a0.3%
TE Connectivity plc TEL$65.3 billion22.1022.8%19.7%16.5%0.431.3%
W.W. Grainger, Inc. GWW$63.3 billion34.2445.3%14.6%7.8%0.580.7%
Cencora, Inc. COR$62.1 billion24.1786.0%0.9%5.1%3.840.7%
Cardinal Health Inc. CAH$57.3 billion34.04n/a1.0%14.2%n/a0.8%
Ferguson Enterprises Inc. FERG$44.4 billionn/an/an/an/a0.791.4%
Sysco Corp. SYY$39.4 billion22.4965.9%3.7%3.9%5.072.6%
US Foods Holding Corp. USFD$22.2 billion31.5717.0%3.1%3.8%1.22n/a
Reliance, Inc. RS$22.0 billion20.1714.3%8.8%24.7%0.211.1%
TD Synnex Corp. SNX$20.3 billion15.5314.3%2.7%24.1%0.590.7%
Genuine Parts Co. GPC$16.8 billion487.200.7%3.6%5.3%1.103.5%
Wesco International Inc. WCC$16.5 billion23.4313.6%5.4%12.5%1.140.5%
Performance Food Group Co. PFGC$15.0 billion42.017.3%1.3%7.2%1.02n/a
Watsco Inc. WSO$11.5 billion26.1115.9%9.4%-3.0%0.044.1%
Arrow Electronics, Inc. ARW$11.2 billion14.0411.6%3.4%26.1%0.31n/a
Applied Industrial Technologies Inc. AIT$10.9 billion26.3522.5%11.2%8.5%0.150.7%
Domino's Pizza, Inc. DPZ$10.3 billion17.20n/a19.7%4.5%n/a2.5%
Henry Schein Inc. HSIC$9.4 billion24.5612.8%5.0%6.5%1.10n/a
Core & Main, Inc. CNM$8.2 billion17.4322.6%9.6%-0.5%1.21n/a
Qxo, Inc. QXO$7.7 billionn/a-4.9%-3.4%408.2%0.58n/a
Avnet Inc. AVT$7.6 billion23.296.7%2.6%24.5%0.641.5%
Pool Corp. POOL$7.1 billion17.9331.7%10.8%2.2%1.062.6%
Ingram Micro Holding Corp. INGM$6.7 billion15.4510.1%1.8%11.5%0.891.1%
MSC Industrial Direct Co. Inc. MSM$6.6 billion29.7515.6%8.0%6.4%0.332.9%
SiteOne Landscape Supply, Inc. SITE$4.5 billion28.159.6%5.3%3.3%0.30n/a
Chefs' Warehouse, Inc. CHEF$4.4 billion51.8914.2%4.0%11.2%1.12n/a
LKQ Corp. LKQ$4.3 billionn/an/an/an/a0.61n/a
Seaboard Corp. SEB$3.7 billion5.8911.6%3.4%8.2%0.290.2%
Ashland Inc. ASH$3.3 billion63.842.7%7.4%-1.4%0.732.3%
Hawkins Inc. HWKN$3.2 billion37.3515.2%11.1%9.0%0.410.5%
United Natural Foods Inc. UNFI$2.9 billion36.045.2%0.7%-2.0%0.96n/a
Central Garden & Pet Co. CENT$2.8 billion16.849.5%8.1%-1.2%0.68n/a
Resideo Technologies, Inc. REZI$2.8 billion8.0914.2%6.9%3.4%1.20n/a
Boise Cascade Co. BCC$2.7 billion25.785.2%2.5%-1.5%0.221.2%
DXP Enterprises Inc. DXPE$2.6 billion29.4817.2%8.8%11.5%1.53n/a
Eplus Inc. PLUS$2.5 billionn/an/an/an/a0.000.8%
Central Garden & Pet Co. CENTA$2.4 billion14.499.5%8.1%-1.2%0.68n/a
PC Connection Inc. CNXN$2.2 billion23.4510.1%3.9%3.2%0.000.8%
Andersons, Inc. ANDE$2.2 billion12.3513.4%n/a-5.2%0.681.2%
Vestis Corp. VSTS$2.0 billionn/a-0.6%3.6%-0.4%1.240.2%
World Kinect Corp. WKC$1.9 billionn/a-14.3%-0.1%7.6%0.592.3%
Global Industrial Co. GIC$1.7 billion19.9125.4%8.1%8.4%0.002.4%
Global Partners LP GLP$1.6 billionn/an/a1.5%20.4%n/an/a
Distribution Solutions Group, Inc. DSGR$1.6 billion184.261.4%3.5%6.4%1.11n/a
Scansource, Inc. SCSC$1.2 billion16.758.7%3.1%6.1%0.11n/a
Universal Corp. UVV$986 million52.771.4%4.9%-3.6%0.858.3%
No other company here shares its SEC industry code (Wholesale-Petroleum Bulk Stations & Terminals); these are the names nearest in size in its wider industry, Wholesale, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20257 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202428 February 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR