GLOBAL PARTNERS LP (GLP) Stock Fundamental Analysis

NYSE:GLP • US37946R1095

48.19 USD
-0.54 (-1.11%)
At close: Feb 24, 2026
48.19 USD
0 (0%)
After Hours: 2/24/2026, 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. There are concerns on the financial health of GLP while its profitability can be described as average. GLP has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • GLP had positive earnings in the past year.
  • GLP had a positive operating cash flow in the past year.
  • Each year in the past 5 years GLP has been profitable.
  • Each year in the past 5 years GLP had a positive operating cash flow.
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 has a Return On Assets (1.93%) which is comparable to the rest of the industry.
  • GLP's Return On Equity of 10.48% is fine compared to the rest of the industry. GLP outperforms 63.11% of its industry peers.
  • With a decent Return On Invested Capital value of 6.69%, GLP is doing good in 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 21.96%.
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

  • The Profit Margin of GLP (0.40%) is worse than 65.53% of its industry peers.
  • In the last couple of years the Profit Margin of GLP has grown nicely.
  • GLP has a worse Operating Margin (1.30%) than 71.36% of its industry peers.
  • In the last couple of years the Operating Margin of GLP has grown nicely.
  • The Gross Margin of GLP (5.90%) is worse than 75.24% of its industry peers.
  • In the last couple of years the Gross Margin of GLP has grown nicely.
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

  • GLP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, GLP has less shares outstanding
  • GLP has less shares outstanding than it did 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's Debt to FCF ratio of 11.40 is in line compared to the rest of the industry. GLP outperforms 53.88% 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 has a Debt to Equity ratio of 2.33. This is amonst the worse of the industry: GLP underperforms 83.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF 11.41
Altman-Z N/A
ROIC/WACC0.93
WACC7.16%
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

  • A Current Ratio of 1.21 indicates that GLP should not have too much problems paying 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.
  • GLP has a worse Quick ratio (0.70) than 66.50% of its industry peers.
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

  • The earnings per share for GLP have decreased strongly by -35.50% in the last year.
  • 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.
  • The Revenue has been growing slightly by 5.58% on average over the past years.
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

  • The Earnings Per Share is expected to grow by 6.28% on average over the next years.
  • 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

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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

  • With a Price/Earnings ratio of 22.11, GLP is valued on the expensive side.
  • The rest of the industry has a similar Price/Earnings ratio as GLP.
  • GLP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 16.57 indicates a correct valuation of GLP.
  • GLP's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. GLP is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.11
Fwd PE 16.57
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

  • GLP's Enterprise Value to EBITDA is on the same level as the industry average.
  • GLP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GLP is cheaper than 81.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.81
EV/EBITDA 8.91
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

  • On average, the dividend of GLP grows each year by 9.73%, which is quite nice.
  • 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

  • GLP pays out 174.59% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of GLP is growing, but the earnings are growing slower. 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 (2/24/2026, 8:04:00 PM)

After market: 48.19 0 (0%)

48.19

-0.54 (-1.11%)

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 Cap1.64B
Revenue(TTM)18.10B
Net Income(TTM)71.54M
Analysts46.67
Price Target45.9 (-4.75%)
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 22.11
Fwd PE 16.57
P/S 0.09
P/FCF 10.81
P/OCF 6.53
P/B 2.4
P/tB 6.66
EV/EBITDA 8.91
EPS(TTM)2.18
EY4.52%
EPS(NY)2.91
Fwd EY6.04%
FCF(TTM)4.46
FCFY9.25%
OCF(TTM)7.38
OCFY15.32%
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
WACC7.16%
ROIC/WACC0.93
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 22.11 and the Price/Book (PB) ratio is 2.4.


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%.