Saturday 17 October 2026 Export GLP’s income statement to Excel — free account

Global Partners LP

Global Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $18.6 billion, up 8.14% from fiscal 2024. In the quarter to June 2026, revenue grew 46.8%, EPS grew 240.0%, free cash flow grew 36.4% and total debt fell 3.10%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

49.71 0.63 +1.28%

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Market cap: $1.7B
P/E: 10.1×
Fwd P/E: 10.4×
Dividend yield: 6.16%
F-score: 5/9
Altman Z: n/a
Beneish M: −2.53
Dividend safety: 26/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 9.94

Total sells 1.52

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	4	5	—	—	—	—	4	5	—	—	2	—
Sell	—	—	—	—	6	—	—	—	—	—	—	—

Insider Ownership 15.00%

Capital & Financial Ratios $m

Market Cap 1,670.00

Revenue 21,456.19

Net Income 195.20

Free Cash Flow 207.80

Net Debt 1,707.60

Current Ratio 1.19

Debt/Equity 2.31

P/E ratio 10.08

Fwd P/E 10.40

P/S ratio 0.08

P/B ratio 2.49

Past 5Y EPS Growth (5.09%)

This Y EPS Growth 178.20%

Next Y EPS Growth (35.26%)

Next Y revenue growth 47.70%

Next 5Y EPS Growth 26.49%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 42.54%

10-year low 10-year high

P/S against its own 10 years 70.00%

10-year low 10-year high

P/B against its own 10 years 85.85%

10-year low 10-year high

EV/Sales against its own 10 years 26.28%

10-year low 10-year high

EV/FCF against its own 10 years 52.78%

10-year low 10-year high

Dividends

Payout Ratio 0.62

Annual Dividend Rate 3.06

Annual Dividend Yield 6.16%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	3.03	0.76 0.77 0.78
2025	2.99	0.74 0.75 0.75 0.76
2024	2.86	0.70 0.71 0.72 0.73
2023	3.26	0.64 0.61 0.66 0.68 0.69
2022	2.41	0.59 0.60 0.61 0.63
2021	2.88	0.61 0.55 0.58 0.58 0.58
2020	2.27	0.53 0.39 0.39 0.46 0.50
2019	2.05	0.50 0.51 0.52 0.52
2018	1.88	0.46 0.46 0.48 0.48
2017	1.85	0.46 0.46 0.46 0.46
2016	1.85	0.46 0.46 0.46 0.46

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	20	8	12	24
Receivables	560	479	533	710
Inventory	397	594	549	578
Other	30	34	35	29
	1,098	1,207	1,227	1,426

	2023	2024	2025	Q'26
Payables	649	510	573	714
ST’ Debt	22	137	133	82
Other	72	73	88	123
	983	1,000	1,076	1,196

Compound Annual Growth %

	10y	5y	3y
Sales	6.05%	17.40%	(0.56%)
Cash Flow	16.38%	(1.84%)	(15.97%)
Earnings	7.22%	(5.18%)	(40.44%)
Book Value	(0.27%)	6.40%	(5.02%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	5,322	6,792	—	—	—
’25	4,592	4,627	4,694	4,648	18,561
’24	4,145	4,410	4,422	4,186	17,164
’23	4,030	3,832	4,221	4,409	16,492
’22	4,501	5,324	4,627	4,427	18,878
’21	2,553	3,279	3,324	4,092	13,248
’20	2,595	1,470	2,061	2,196	8,322

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(105)	309	—	—	—
’25	(52)	216	19	101	285
’24	(183)	24	123	67	32
’23	(19)	265	97	169	512
’22	23	363	192	(97)	480
’21	(106)	52	153	(49)	50
’20	138	24	88	62	313

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(131)	275	—	—	—
’25	(66)	202	0	64	200
’24	(185)	13	126	23	(23)
’23	(28)	244	84	136	436
’22	31	437	170	(136)	502
’21	(120)	31	126	(82)	(45)
’20	127	19	70	28	244

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.85	1.86	—	—	—
’25	0.36	0.55	0.66	0.54	2.11
’24	(0.37)	1.10	1.17	0.52	2.41
’23	0.70	1.05	0.60	1.41	3.76
’22	0.76	4.61	3.12	1.54	10.02
’21	(0.20)	0.23	0.86	0.44	1.31
’20	0.05	2.17	0.47	0.06	2.74

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	12.28	15.80	13.63	16.09	6.30	16.61	20.23	27.07	37.00	39.70	Analyst estimates 2026–2028 Powerpack
	High	19.95	21.95	21.05	21.62	20.47	27.50	36.30	43.62	58.77	60.00
People
People	Employees	1,770	2,000	2,500	3,860	3,540	3,490	4,310	5,060	4,840	4,700
	Revenue/emp, $m	4.66	4.46	5.07	3.39	2.35	3.80	4.38	3.26	3.55	3.95
Income, $m
Income, $m	Revenue	8,240	8,921	12,673	13,082	8,322	13,248	18,878	16,492	17,164	18,561
	Gross margin, %	6.63	6.54	5.13	5.07	8.67	5.43	5.81	5.90	6.16	5.72
	EBT	(239)	34	108	36	102	62	379	161	115	99
	EBT margin, %	(2.90)	0.38	0.85	0.28	1.22	0.47	2.01	0.97	0.67	0.53
	Net income	(239)	57	102	35	102	61	362	153	110	98
	Depreciation	269	113	113	113	105	107	110	116	147	150
Per share, $
Per share, $	Revenue	245.78	265.58	376.03	386.92	245.42	390.32	556.30	485.49	507.20	548.00
	Earnings	(5.91)	1.74	2.97	0.82	2.77	1.33	10.06	3.77	2.45	2.13
	Cash flow	(3.58)	10.37	5.01	2.79	9.22	1.48	14.14	15.09	0.93	8.41
	Capex	0.19	(0.51)	(1.51)	(1.95)	(2.01)	(2.81)	0.64	(2.24)	(1.62)	(2.51)
	Free cash flow	(3.38)	9.87	3.50	0.85	7.21	(1.33)	14.78	12.85	(0.68)	5.90
	Book value	11.87	11.74	14.81	13.58	14.61	15.55	23.23	23.57	21.18	19.94
	Shares, m	34	34	34	34	34	34	34	34	34	34
Valuation, ×
Valuation, ×	P/E	0.00	10.17	5.47	24.59	5.98	17.66	3.40	10.93	19.00	19.74
	P/S	0.08	0.07	0.04	0.05	0.07	0.06	0.06	0.08	0.09	0.08
	P/B	1.71	1.51	1.27	1.74	1.32	2.05	1.79	2.12	2.44	2.35
	EV/Sales	0.27	0.21	0.15	0.16	0.22	0.16	0.13	0.17	0.20	0.17
	EV/FCF	(19.29)	5.65	16.02	72.88	7.36	(47.02)	4.70	6.26	(146.69)	15.97
Cash, $m
Cash, $m	Operating cash flow	(120)	348	169	94	313	50	480	512	32	285
	Capex	6	(17)	(51)	(66)	(68)	(95)	22	(76)	(55)	(85)
	Free cash flow	(113)	331	118	29	244	(45)	502	436	(23)	200
Balance, $m
Balance, $m	Working capital	276	209	292	251	284	225	198	115	207	151
	Total debt	1,516	1,293	1,351	1,415	1,244	1,335	1,204	1,354	1,817	1,787
	Net debt	1,506	1,278	1,343	1,402	1,234	1,324	1,200	1,335	1,809	1,775
	Shareholders’ equity	398	394	499	459	495	528	788	801	717	676
Returns, %
Returns, %	ROA	(7.58)	2.39	4.22	1.06	3.52	1.68	11.39	3.88	2.29	1.89
	ROIC	(5.00)	4.48	6.69	4.67	6.95	4.80	14.47	7.14	6.22	5.99
	ROE	(36.28)	14.73	24.25	6.74	22.94	11.02	65.80	19.55	12.68	11.56

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NGL NGL Energy Partners LP	$1.9B	— (loss-making)	18.6×	+59.12% (above 0%: growing)	+1,100.00% (above 0%: growing)	−386.50% (below 0%: shrinking)	30.87%	14.68%	Compare
GEL Genesis Energy, L.P.	$1.7B	74.9×	261×	+40.98% (above 0%: growing)	n/m	+2,417.50% (above 0%: growing)	32.06%	19.82%	Compare
GLP Global Partners LP	$1.7B	10.1×	10.4×	+46.79% (above 0%: growing)	+240.00% (above 0%: growing)	+36.41% (above 0%: growing)	4.84%	1.58%
NAT Nordic American Tankers Limited	$1.7B	13.0×	8.6×	+133.96% (above 0%: growing)	n/m	+197.49% (above 0%: growing)	83.25%	82.06%	Compare
PBT Permian Basin Royalty Trust	$1.6B	94.7×	21.9×	+34.59% (above 0%: growing)	+60.00% (above 0%: growing)	—	100.00%	92.68%	Compare
FLNG Flex LNG Ltd.	$1.5B	14.8×	14.3×	+24.21% (above 0%: growing)	+151.52% (above 0%: growing)	+185.57% (above 0%: growing)	76.00%	55.68%	Compare
TEN Tsakos Energy Navigation Ltd	$1.5B	5.2×	8.0×	+54.37% (above 0%: growing)	+556.72% (above 0%: growing)	+185.92% (above 0%: growing)	62.31%	54.53%	Compare
NVGS Navigator Holdings Ltd.	$1.3B	9.7×	7.8×	+29.55% (above 0%: growing)	+177.42% (above 0%: growing)	+9.98% (above 0%: growing)	55.10%	28.48%	Compare
TK Teekay Corporation Ltd.	$1.2B	9.6×	41.1×	−24.36% (below 0%: shrinking)	−23.68% (below 0%: shrinking)	+211.73% (above 0%: growing)	31.43%	27.41%	Compare
Median of peers	$1.5B	13.0×	16.5×	+37.79%	+164.47%	+185.92%	58.71%	41.51%

All 58 Oil & Gas Midstream stocks →

Global Partners LP (GLP) key facts

Strength: Global Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $18.6 billion, up 8.14% from fiscal 2024.
Global Partners LP (GLP) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, GLP traded at $49.71, a market capitalization of $1.7 billion.
Global Partners LP pays an annual dividend of $3.06 per share, a yield of 6.16%, with a payout ratio of 62.3%.
Return on equity was 11.6% and debt-to-equity 2.31.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.