(GLP) Global Partners - Ratings and Ratios
Gasoline, Diesel, Heating Oil, Propane, Crude
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 35.0% |
| Value at Risk 5%th | 56.3% |
| Relative Tail Risk | -2.28% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.20 |
| Alpha | -19.85 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.522 |
| Beta | 0.777 |
| Beta Downside | 1.090 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.67% |
| Mean DD | 10.00% |
| Median DD | 9.82% |
Description: GLP Global Partners November 12, 2025
Global Partners LP (NYSE:GLP) is a vertically integrated petroleum logistics firm that purchases, blends, stores, and transports a broad portfolio of fuels-including gasoline, diesel, residual oil, renewable fuels, crude oil, and propane-to wholesalers, retailers, and commercial end-users across the United States and Canada.
The company operates through three distinct segments:
- Wholesale: Supplies home heating oil, branded and unbranded gasoline, diesel, kerosene, and residual oil to retail and wholesale distributors, moving product via railcars, barges, trucks, and pipelines.
- Gasoline Distribution and Station Operations (GDSO): Provides gasoline to station operators and sub-jobbers, runs convenience-store and prepared-food outlets, and offers ancillary services such as car washes, lottery, ATMs, and station leasing.
- Commercial: Delivers unbranded gasoline, heating oil, diesel, kerosene, residual oil, and bunker fuel to public-sector, commercial, and industrial customers, and manufactures custom-blended fuels.
Key operational metrics from the most recent fiscal year (2023) show net sales of approximately **$5.8 billion**, an adjusted EBITDA of **$610 million** (≈10.5% margin), and a **dividend yield near 6.5%**, reflecting the company’s cash-flow generation capacity in a low-margin environment.
Sector drivers that materially affect GLP’s outlook include: (1) **U.S. gasoline demand**, which is projected to grow modestly (~1% YoY) as vehicle miles traveled recover post-pandemic; (2) **Renewable Fuel Standard (RFS) mandates**, which increase demand for blended renewable fuels and create premium pricing opportunities for GLP’s blending operations; and (3) **Rail infrastructure constraints**, especially in the Mid-Continent region, which can create short-term capacity bottlenecks and price volatility for transported commodities.
Founded in 2005 and headquartered in Waltham, Massachusetts, GLP’s strategic focus on diversified logistics and retail services positions it to capture value from both traditional fossil-fuel markets and the expanding renewable-fuel segment.
For a deeper quantitative breakdown of GLP’s valuation metrics, the ValueRay platform offers a granular, data-driven view worth exploring.
GLP Stock Overview
| Market Cap in USD | 1,470m |
| Sub-Industry | Oil & Gas Storage & Transportation |
| IPO / Inception | 2005-09-29 |
| Return 12m vs S&P 500 | -23.0% |
| Analyst Rating | 3.0 of 5 |
GLP Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 7.05% |
| Yield on Cost 5y | 28.34% |
| Yield CAGR 5y | 11.09% |
| Payout Consistency | 96.1% |
| Payout Ratio | 143.1% |
GLP Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 19.04% |
| CAGR/Max DD Calmar Ratio | 0.66 |
| CAGR/Mean DD Pain Ratio | 1.91 |
| Current Volume | 28k |
| Average Volume | 40.8k |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (87.4m TTM) > 0 and > 6% of Revenue (6% = 1.09b TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA 5.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.11% (prev 0.81%; Δ 0.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 250.8m > Net Income 87.4m (YES >=105%, WARN >=100%) |
| Net Debt (2.04b) to EBITDA (379.3m) ratio: 5.38 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (34.2m) change vs 12m ago -0.11% (target <= -2.0% for YES) |
| Gross Margin 5.12% (prev 5.46%; Δ -0.33pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 491.5% (prev 474.4%; Δ 17.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.71 (EBITDA TTM 379.3m / Interest Expense TTM 138.3m) >= 6 (WARN >= 3) |
ValueRay F-Score (Strict, 0-100) 55.25
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield -1.82% = -0.91 |
| 3. FCF Margin -0.35% = -0.13 |
| 4. Debt/Equity 3.01 = -0.79 |
| 5. Debt/Ebitda 5.38 = -2.50 |
| 6. ROIC - WACC (= 5.72)% = 7.16 |
| 7. RoE 12.61% = 1.05 |
| 8. Rev. Trend 66.78% = 5.01 |
| 9. EPS Trend -32.58% = -1.63 |
What is the price of GLP shares?
Over the past week, the price has changed by +1.02%, over one month by -4.50%, over three months by -14.05% and over the past year by -12.57%.
Is GLP a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the GLP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 49 | 15.5% |
| Analysts Target Price | 49 | 15.5% |
| ValueRay Target Price | 48.4 | 14.1% |
GLP Fundamental Data Overview November 17, 2025
P/E Trailing = 20.8942
P/S = 0.0812
P/B = 2.154
P/EG = -0.62
Beta = 0.936
Revenue TTM = 18.10b USD
EBIT TTM = 235.9m USD
EBITDA TTM = 379.3m USD
Long Term Debt = 1.46b USD (from longTermDebt, last quarter)
Short Term Debt = 195.6m USD (from shortTermDebt, last quarter)
Debt = 2.06b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.04b USD (from netDebt column, last quarter)
Enterprise Value = 3.51b USD (1.47b + Debt 2.06b - CCE 17.9m)
Interest Coverage Ratio = 1.71 (Ebit TTM 235.9m / Interest Expense TTM 138.3m)
FCF Yield = -1.82% (FCF TTM -63.8m / Enterprise Value 3.51b)
FCF Margin = -0.35% (FCF TTM -63.8m / Revenue TTM 18.10b)
Net Margin = 0.48% (Net Income TTM 87.4m / Revenue TTM 18.10b)
Gross Margin = 5.12% ((Revenue TTM 18.10b - Cost of Revenue TTM 17.17b) / Revenue TTM)
Gross Margin QoQ = 5.78% (prev 2.85%)
Tobins Q-Ratio = 0.95 (Enterprise Value 3.51b / Total Assets 3.70b)
Interest Expense / Debt = 1.62% (Interest Expense 33.3m / Debt 2.06b)
Taxrate = -1.56% (negative due to tax credits) (-447.0k / 28.6m)
NOPAT = 239.6m (EBIT 235.9m * (1 - -1.56%)) [negative tax rate / tax credits]
Current Ratio = 1.21 (Total Current Assets 1.13b / Total Current Liabilities 933.9m)
Debt / Equity = 3.01 (Debt 2.06b / totalStockholderEquity, last quarter 682.5m)
Debt / EBITDA = 5.38 (Net Debt 2.04b / EBITDA 379.3m)
Debt / FCF = -31.97 (negative FCF - burning cash) (Net Debt 2.04b / FCF TTM -63.8m)
Total Stockholder Equity = 692.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.36% (Net Income 87.4m / Total Assets 3.70b)
RoE = 12.61% (Net Income TTM 87.4m / Total Stockholder Equity 692.8m)
RoCE = 10.97% (EBIT 235.9m / Capital Employed (Equity 692.8m + L.T.Debt 1.46b))
RoIC = 10.38% (NOPAT 239.6m / Invested Capital 2.31b)
WACC = 4.66% (E(1.47b)/V(3.53b) * Re(8.88%) + D(2.06b)/V(3.53b) * Rd(1.62%) * (1-Tc(-0.02)))
Discount Rate = 8.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.11%
Fair Price DCF = unknown (Cash Flow -63.8m)
EPS Correlation: -32.58 | EPS CAGR: -26.52% | SUE: -0.52 | # QB: 0
Revenue Correlation: 66.78 | Revenue CAGR: 2.16% | SUE: -4.0 | # QB: 0
Additional Sources for GLP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle