GLOBAL PARTNERS LP (GLP) Stock Fundamental Analysis

NYSE:GLP • US37946R1095

48.48 USD
-0.01 (-0.02%)
At close: Feb 20, 2026
48.48 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
Fundamental Rating

4

Overall GLP gets a fundamental rating of 4 out of 10. We evaluated GLP against 206 industry peers in the Oil, Gas & Consumable Fuels industry. While GLP is still in line with the averages on profitability rating, there are concerns on its financial health. GLP has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year GLP was profitable.
  • In the past year GLP had a positive cash flow from operations.
  • In the past 5 years GLP has always been profitable.
  • In the past 5 years GLP always reported a positive cash flow from operatings.
GLP Yearly Net Income VS EBIT VS OCF VS FCFGLP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

1.2 Ratios

  • GLP's Return On Assets of 1.93% is in line compared to the rest of the industry. GLP outperforms 41.75% of its industry peers.
  • GLP has a Return On Equity of 10.48%. This is in the better half of the industry: GLP outperforms 62.62% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.69%, GLP is in the better half of the industry, outperforming 61.65% of the companies in the same industry.
  • GLP had an Average Return On Invested Capital over the past 3 years of 9.44%. This is significantly below the industry average of 21.97%.
Industry RankSector Rank
ROA 1.93%
ROE 10.48%
ROIC 6.69%
ROA(3y)5.56%
ROA(5y)4.4%
ROE(3y)23.6%
ROE(5y)19.66%
ROIC(3y)9.44%
ROIC(5y)8.29%
GLP Yearly ROA, ROE, ROICGLP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

1.3 Margins

  • Looking at the Profit Margin, with a value of 0.40%, GLP is doing worse than 66.02% of the companies in the same industry.
  • GLP's Profit Margin has improved in the last couple of years.
  • With a Operating Margin value of 1.30%, GLP is not doing good in the industry: 71.36% of the companies in the same industry are doing better.
  • GLP's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 5.90%, GLP is doing worse than 75.73% of the companies in the same industry.
  • GLP's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 1.3%
PM (TTM) 0.4%
GM 5.9%
OM growth 3Y9.6%
OM growth 5Y5.99%
PM growth 3Y12.39%
PM growth 5Y17.64%
GM growth 3Y4.33%
GM growth 5Y3.99%
GLP Yearly Profit, Operating, Gross MarginsGLP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 -2 4 6 8

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GLP is creating some value.
  • GLP has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for GLP has been reduced compared to 5 years ago.
  • GLP has a worse debt/assets ratio than last year.
GLP Yearly Shares OutstandingGLP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
GLP Yearly Total Debt VS Total AssetsGLP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • The Debt to FCF ratio of GLP is 11.40, which is on the high side as it means it would take GLP, 11.40 years of fcf income to pay off all of its debts.
  • GLP has a Debt to FCF ratio of 11.40. This is comparable to the rest of the industry: GLP outperforms 53.40% of its industry peers.
  • GLP has a Debt/Equity ratio of 2.33. This is a high value indicating a heavy dependency on external financing.
  • GLP's Debt to Equity ratio of 2.33 is on the low side compared to the rest of the industry. GLP is outperformed by 83.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF 11.41
Altman-Z N/A
ROIC/WACC0.92
WACC7.31%
GLP Yearly LT Debt VS Equity VS FCFGLP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • GLP has a Current Ratio of 1.21. This is a normal value and indicates that GLP is financially healthy and should not expect problems in meeting its short term obligations.
  • GLP has a Current ratio (1.21) which is comparable to the rest of the industry.
  • A Quick Ratio of 0.70 indicates that GLP may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.70, GLP is not doing good in the industry: 66.50% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.21
Quick Ratio 0.7
GLP Yearly Current Assets VS Current LiabilitesGLP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

5

3. Growth

3.1 Past

  • GLP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.50%.
  • The Earnings Per Share has been growing by 16.31% on average over the past years. This is quite good.
  • Looking at the last year, GLP shows a small growth in Revenue. The Revenue has grown by 4.10% in the last year.
  • GLP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.58% yearly.
EPS 1Y (TTM)-35.5%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%-43.59%
Revenue 1Y (TTM)4.1%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%6.15%

3.2 Future

  • Based on estimates for the next years, GLP will show a small growth in Earnings Per Share. The EPS will grow by 6.28% on average per year.
  • GLP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.62% yearly.
EPS Next Y-11.98%
EPS Next 2Y8.08%
EPS Next 3Y6.28%
EPS Next 5YN/A
Revenue Next Year11.03%
Revenue Next 2Y25.62%
Revenue Next 3Y20.62%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GLP Yearly Revenue VS EstimatesGLP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10B 20B 30B
GLP Yearly EPS VS EstimatesGLP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 -5 10

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 22.24 indicates a rather expensive valuation of GLP.
  • GLP's Price/Earnings ratio is in line with the industry average.
  • GLP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.99.
  • Based on the Price/Forward Earnings ratio of 16.67, the valuation of GLP can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GLP is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. GLP is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.24
Fwd PE 16.67
GLP Price Earnings VS Forward Price EarningsGLP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLP is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, GLP is valued cheaply inside the industry as 81.07% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 10.88
EV/EBITDA 8.89
GLP Per share dataGLP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400 500

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)1.36
EPS Next 2Y8.08%
EPS Next 3Y6.28%

6

5. Dividend

5.1 Amount

  • GLP has a Yearly Dividend Yield of 9.36%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.52, GLP pays a better dividend. On top of this GLP pays more dividend than 91.26% of the companies listed in the same industry.
  • GLP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 9.36%

5.2 History

  • The dividend of GLP is nicely growing with an annual growth rate of 9.73%!
  • GLP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.73%
Div Incr Years0
Div Non Decr Years0
GLP Yearly Dividends per shareGLP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 174.59% of the earnings are spent on dividend by GLP. This is not a sustainable payout ratio.
  • GLP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP174.59%
EPS Next 2Y8.08%
EPS Next 3Y6.28%
GLP Yearly Income VS Free CF VS DividendGLP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M
GLP Dividend Payout.GLP Dividend Payout, showing the Payout Ratio.GLP Dividend Payout.PayoutRetained Earnings

GLOBAL PARTNERS LP

NYSE:GLP (2/20/2026, 8:04:00 PM)

After market: 48.48 0 (0%)

48.48

-0.01 (-0.02%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07
Earnings (Next)02-27
Inst Owners48.52%
Inst Owner Change1.98%
Ins Owners5.19%
Ins Owner Change1.47%
Market Cap1.65B
Revenue(TTM)18.10B
Net Income(TTM)71.54M
Analysts46.67
Price Target45.9 (-5.32%)
Short Float %1.48%
Short Ratio8.43
Dividend
Industry RankSector Rank
Dividend Yield 9.36%
Yearly Dividend3.6
Dividend Growth(5Y)9.73%
DP174.59%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-09
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.22%
Min EPS beat(2)-40.05%
Max EPS beat(2)5.61%
EPS beat(4)3
Avg EPS beat(4)342.05%
Min EPS beat(4)-40.05%
Max EPS beat(4)1288.12%
EPS beat(8)4
Avg EPS beat(8)112.29%
EPS beat(12)6
Avg EPS beat(12)73.43%
EPS beat(16)10
Avg EPS beat(16)135.26%
Revenue beat(2)0
Avg Revenue beat(2)-29.5%
Min Revenue beat(2)-35.54%
Max Revenue beat(2)-23.46%
Revenue beat(4)0
Avg Revenue beat(4)-26.74%
Min Revenue beat(4)-35.54%
Max Revenue beat(4)-19.38%
Revenue beat(8)0
Avg Revenue beat(8)-21.91%
Revenue beat(12)0
Avg Revenue beat(12)-16.45%
Revenue beat(16)4
Avg Revenue beat(16)-8.84%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-26.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.07%
Valuation
Industry RankSector Rank
PE 22.24
Fwd PE 16.67
P/S 0.09
P/FCF 10.88
P/OCF 6.57
P/B 2.42
P/tB 6.7
EV/EBITDA 8.89
EPS(TTM)2.18
EY4.5%
EPS(NY)2.91
Fwd EY6%
FCF(TTM)4.46
FCFY9.19%
OCF(TTM)7.38
OCFY15.23%
SpS532.35
BVpS20.07
TBVpS7.23
PEG (NY)N/A
PEG (5Y)1.36
Graham Number31.38
Profitability
Industry RankSector Rank
ROA 1.93%
ROE 10.48%
ROCE 8.47%
ROIC 6.69%
ROICexc 6.74%
ROICexgc 8.01%
OM 1.3%
PM (TTM) 0.4%
GM 5.9%
FCFM 0.84%
ROA(3y)5.56%
ROA(5y)4.4%
ROE(3y)23.6%
ROE(5y)19.66%
ROIC(3y)9.44%
ROIC(5y)8.29%
ROICexc(3y)9.47%
ROICexc(5y)8.32%
ROICexgc(3y)11.69%
ROICexgc(5y)10.23%
ROCE(3y)11.94%
ROCE(5y)10.49%
ROICexgc growth 3Y5.86%
ROICexgc growth 5Y4.63%
ROICexc growth 3Y6.72%
ROICexc growth 5Y5.22%
OM growth 3Y9.6%
OM growth 5Y5.99%
PM growth 3Y12.39%
PM growth 5Y17.64%
GM growth 3Y4.33%
GM growth 5Y3.99%
F-Score6
Asset Turnover4.89
Health
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF 11.41
Debt/EBITDA 4.2
Cap/Depr 69.34%
Cap/Sales 0.55%
Interest Coverage 2.05
Cash Conversion 66.43%
Profit Quality 211.84%
Current Ratio 1.21
Quick Ratio 0.7
Altman-Z N/A
F-Score6
WACC7.31%
ROIC/WACC0.92
Cap/Depr(3y)85.52%
Cap/Depr(5y)86.46%
Cap/Sales(3y)0.57%
Cap/Sales(5y)0.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.5%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%-43.59%
EPS Next Y-11.98%
EPS Next 2Y8.08%
EPS Next 3Y6.28%
EPS Next 5YN/A
Revenue 1Y (TTM)4.1%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%6.15%
Revenue Next Year11.03%
Revenue Next 2Y25.62%
Revenue Next 3Y20.62%
Revenue Next 5YN/A
EBIT growth 1Y-11.26%
EBIT growth 3Y19.48%
EBIT growth 5Y11.91%
EBIT Next Year57.24%
EBIT Next 3Y19.08%
EBIT Next 5YN/A
FCF growth 1Y0.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1.99%
OCF growth 3Y-14.3%
OCF growth 5Y-19.66%

GLOBAL PARTNERS LP / GLP FAQ

Can you provide the ChartMill fundamental rating for GLOBAL PARTNERS LP?

ChartMill assigns a fundamental rating of 4 / 10 to GLP.


What is the valuation status of GLOBAL PARTNERS LP (GLP) stock?

ChartMill assigns a valuation rating of 4 / 10 to GLOBAL PARTNERS LP (GLP). This can be considered as Fairly Valued.


Can you provide the profitability details for GLOBAL PARTNERS LP?

GLOBAL PARTNERS LP (GLP) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for GLP stock?

The Price/Earnings (PE) ratio for GLOBAL PARTNERS LP (GLP) is 22.24 and the Price/Book (PB) ratio is 2.42.


Can you provide the dividend sustainability for GLP stock?

The dividend rating of GLOBAL PARTNERS LP (GLP) is 6 / 10 and the dividend payout ratio is 174.59%.