GLOBAL PARTNERS LP (GLP) Stock Fundamental Analysis

USA New York Stock Exchange NYSE:GLP • US37946R1095

47.68 USD
+0.45 (+0.95%)
Last: Feb 11, 2026, 11:20 AM
Fundamental Rating

4

Taking everything into account, GLP scores 4 out of 10 in our fundamental rating. GLP was compared to 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 is not valued too expensively and it also shows a decent 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.
  • Each year in the past 5 years GLP has 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

  • With a Return On Assets value of 1.93%, GLP perfoms like the industry average, outperforming 42.23% of the companies in the same industry.
  • The Return On Equity of GLP (10.48%) is better than 63.59% of its industry peers.
  • The Return On Invested Capital of GLP (6.69%) is better than 61.65% of its industry peers.
  • GLP had an Average Return On Invested Capital over the past 3 years of 9.44%. This is significantly below the industry average of 22.01%.
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

  • GLP has a Profit Margin of 0.40%. This is in the lower half of the industry: GLP underperforms 66.50% of its industry peers.
  • In the last couple of years the Profit Margin of GLP has grown nicely.
  • GLP's Operating Margin of 1.30% is on the low side compared to the rest of the industry. GLP is outperformed by 71.36% of its industry peers.
  • In the last couple of years the Operating Margin of GLP has grown nicely.
  • With a Gross Margin value of 5.90%, GLP is not doing good in the industry: 75.73% of the companies in the same industry are doing better.
  • 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.
  • The number of shares outstanding for GLP has been reduced compared to 1 year ago.
  • The number of shares outstanding for GLP has been reduced compared to 5 years ago.
  • Compared to 1 year ago, GLP has a worse debt to assets ratio.
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

  • GLP has a debt to FCF ratio of 11.40. This is a negative value and a sign of low solvency as GLP would need 11.40 years to pay back of 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 52.91% 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 83.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.33
Debt/FCF 11.41
Altman-Z N/A
ROIC/WACC0.92
WACC7.27%
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's Current ratio of 1.21 is in line compared to the rest of the industry. GLP outperforms 53.88% of its industry peers.
  • GLP has a Quick Ratio of 1.21. This is a bad value and indicates that GLP is not financially healthy enough and could expect problems in meeting 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.
  • Measured over the past years, GLP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.31% on average per year.
  • 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

  • GLP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.28% yearly.
  • The Revenue is expected to grow by 20.62% on average over the next years. This is a very strong growth
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

  • A Price/Earnings ratio of 21.87 indicates a rather expensive valuation of GLP.
  • GLP's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.03, GLP is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 16.39, which indicates a correct valuation of GLP.
  • The rest of the industry has a similar Price/Forward Earnings ratio as GLP.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.97, GLP is valued a bit cheaper.
Industry RankSector Rank
PE 21.87
Fwd PE 16.39
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 ratio is in line with the industry average.
  • GLP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GLP is cheaper than 80.58% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.7
EV/EBITDA 8.78
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)1.34
EPS Next 2Y8.08%
EPS Next 3Y6.28%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.43%, GLP is a good candidate for dividend investing.
  • GLP's Dividend Yield is a higher than the industry average which is at 3.64.
  • GLP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 6.43%

5.2 History

  • The dividend of GLP is nicely growing with an annual growth rate of 9.73%!
  • GLP has been paying a dividend for at least 10 years, so it has 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 (2/11/2026, 11:20:25 AM)

47.68

+0.45 (+0.95%)

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 Change-0.45%
Ins Owners5.19%
Ins Owner Change1.98%
Market Cap1.62B
Revenue(TTM)18.10B
Net Income(TTM)71.54M
Analysts46.67
Price Target45.9 (-3.73%)
Short Float %1.42%
Short Ratio8.68
Dividend
Industry RankSector Rank
Dividend Yield 6.43%
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)-15.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-26.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.07%
Valuation
Industry RankSector Rank
PE 21.87
Fwd PE 16.39
P/S 0.09
P/FCF 10.7
P/OCF 6.46
P/B 2.38
P/tB 6.59
EV/EBITDA 8.78
EPS(TTM)2.18
EY4.57%
EPS(NY)2.91
Fwd EY6.1%
FCF(TTM)4.46
FCFY9.35%
OCF(TTM)7.38
OCFY15.48%
SpS532.35
BVpS20.07
TBVpS7.23
PEG (NY)N/A
PEG (5Y)1.34
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
WACC7.27%
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 21.87 and the Price/Book (PB) ratio is 2.38.


Can you provide the dividend sustainability for GLP stock?

The dividend rating of GLOBAL PARTNERS LP (GLP) is 5 / 10 and the dividend payout ratio is 174.59%.