(GLP) Global - NYSE
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.467m USD | Total Return: -15.8% in 12m
Avg Turnover: 4.11M
EPS Trend: -64.7%
Qual. Beats: 1
Rev. Trend: 92.6%
Qual. Beats: -9
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Global Partners LP (NYSE: GLP) is a midstream logistics and energy marketing master limited partnership based in Waltham, Massachusetts. The company operates a diversified business model focused on the storage, blending, and distribution of petroleum products, including gasoline, distillates, and renewable fuels, across the Northeast United States and beyond.
The company’s operations are divided into three primary segments: Wholesale, Commercial, and Gasoline Distribution and Station Operations (GDSO). While the Wholesale and Commercial segments manage bulk fuel logistics via rail, barge, and pipeline, the GDSO segment integrates downstream assets by operating convenience stores and leasing gas stations to third-party operators. This vertical integration allows the company to capture margins at multiple points along the fuel supply chain, from bulk procurement to retail point-of-sale.
In the energy midstream sector, companies like Global Partners often utilize long-term storage contracts and retail footprints to mitigate the impact of commodity price volatility. Investors looking for deeper fundamental analysis may find further insights on ValueRay. As a master limited partnership, the firm’s structure typically emphasizes the distribution of available cash flow to unit holders, making it a distinct entity within the broader energy infrastructure landscape.
- Fuel distribution margins fluctuate with volatile wholesale energy prices
- Retail fuel and convenience store volumes drive GDSO segment profitability
- Strategic acquisitions and terminal integration expand Northeast market footprint
- Variable distribution payouts depend on sustained distributable cash flow levels
| Net Income: 129.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 7.73 > 1.0 |
| NWC/Revenue: 0.96% < 20% (prev 1.00%; Δ -0.05% < -1%) |
| CFO/TA 0.06 > 3% & CFO 260.7m > Net Income 129.7m |
| Net Debt (2.73b) to EBITDA (358.0m): 7.62 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.0m) vs 12m ago -0.73% < -2% |
| Gross Margin: 5.57% > 18% (prev 6.23%; Δ -0.67% > 0.5%) |
| Asset Turnover: 474.5% > 50% (prev 461.2%; Δ 13.32% > 0%) |
| Interest Coverage Ratio: 3.29 > 6 (EBIT TTM 215.7m / Interest Expense TTM 65.6m) |
| DSRI: 1.22 (Receivables 772.9m/577.5m, Revenue 19.3b/17.6b) |
| GMI: 1.12 (GM 6.23% / 5.57%) |
| AQI: 0.84 (AQ_t 0.14 / AQ_t-1 0.16) |
| SGI: 1.10 (Revenue 19.3b / 17.6b) |
| TATA: -0.03 (NI 129.7m - CFO 260.7m) / TA 4.31b) |
| Beneish M = -2.76 (Cap -4..+1) = A |
As of June 20, 2026, the stock is trading at USD 42.58 with a total of 538,900 shares traded.
Over the past week, the price has changed by -14.22%,
over one month by -14.93%,
over three months by -10.79% and
over the past year by -15.83%.
Global has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold GLP.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 45.5 | 6.9% |
P/E Trailing = 11.9972
P/E Forward = 14.2045
P/S = 0.0761
P/B = 2.0614
P/EG = 6.1772
Revenue TTM = 19.3b USD
EBIT TTM = 215.7m USD
EBITDA TTM = 358.0m USD
Long Term Debt = 1.44b USD (from longTermDebt, last quarter)
Short Term Debt = 457.2m USD (from shortTermDebt, last quarter)
Debt = 2.75b USD (from shortLongTermDebtTotal, last quarter) + Leases 499.9m
Net Debt = 2.73b USD (calculated: Debt 2.75b - CCE 18.4m)
Enterprise Value = 4.19b USD (1.47b + Debt 2.75b - CCE 18.4m)
Interest Coverage Ratio = 3.29 (Ebit TTM 215.7m / Interest Expense TTM 65.6m)
EV/FCF = 27.02x (Enterprise Value 4.19b / FCF TTM 155.2m)
FCF Yield = 3.70% (FCF TTM 155.2m / Enterprise Value 4.19b)
FCF Margin = 0.80% (FCF TTM 155.2m / Revenue TTM 19.3b)
Net Margin = 0.67% (Net Income TTM 129.7m / Revenue TTM 19.3b)
Gross Margin = 5.57% ((Revenue TTM 19.3b - Cost of Revenue TTM 18.2b) / Revenue TTM)
Gross Margin QoQ = 8.46% (prev 4.74%)
Tobins Q-Ratio = 0.97 (Enterprise Value 4.19b / Total Assets 4.31b)
Interest Expense / Debt = 2.39% (Interest Expense 65.6m / Debt 2.75b)
Taxrate = 0.45% (672k / 150.1m)
NOPAT = 214.8m (EBIT 215.7m * (1 - 0.45%))
Current Ratio = 1.12 (Total Current Assets 1.71b / Total Current Liabilities 1.52b)
Debt / Equity = 3.86 (Debt 2.75b / totalStockholderEquity, last quarter 711.8m)
Debt / EBITDA = 7.62 (Net Debt 2.73b / EBITDA 358.0m)
Debt / FCF = 17.57 (Net Debt 2.73b / FCF TTM 155.2m)
Total Stockholder Equity = 688.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.19% (Net Income 129.7m / Total Assets 4.31b)
RoE = 18.84% (Net Income TTM 129.7m / Total Stockholder Equity 688.2m)
RoCE = 10.15% (EBIT 215.7m / Capital Employed (Equity 688.2m + L.T.Debt 1.44b))
RoIC = 6.65% (NOPAT 214.8m / Invested Capital 3.23b)
WACC = 4.35% (E(1.47b)/V(4.21b) * Re(8.04%) + D(2.75b)/V(4.21b) * Rd(2.39%) * (1-Tc(0.00)))
Discount Rate = 8.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -6.67 | Cagr: -0.04%
[DCF] Terminal Value 75.44% ; FCFF base≈155.2m ; Y1≈155.9m ; Y5≈165.1m
[DCF] Fair Price = N/A (negative equity: EV 2.57b - Net Debt 2.73b = -158.9m; debt exceeds intrinsic value)
EPS Correlation: -64.67 | EPS CAGR: -20.08% | SUE: 4.0 | # QB: 1
Revenue Correlation: 92.56 | Revenue CAGR: 5.11% | SUE: -2.94 | # QB: -9
EPS current Quarter (2026-06-30): EPS=1.24 | Chg30d=+34.78% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.96 | Chg30d=-11.11% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=4.71 | Chg30d=+47.65% | Revisions=-20% | GrowthEPS=+123.2% | GrowthRev=+52.1%
EPS next Year (2027-12-31): EPS=3.71 | Chg30d=+14.51% | Revisions=N/A | GrowthEPS=-21.2% | GrowthRev=+21.7%