GLP Stock Analysis: Global | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.722m USD | 12M Return: 7.9% | US37946R1095 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.87M
EPS Trend: -6.5%
Qual. Beats: 2
Rev. Trend: 90.5%
Qual. Beats: -10
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Global Partners LP is a Waltham, Massachusetts-based energy distribution and logistics company founded in 2005 that trades on the NYSE under the ticker GLP. The partnership purchases, sells, gathers, blends, stores, and transports a broad range of energy products, including gasoline and gasoline blendstocks, distillates, residual oil, crude oil, renewable fuels, and propane. It serves wholesalers, retailers, and commercial end users through three reporting segments: Wholesale (reselling heating oil, gasoline, diesel, kerosene, and residual oil via rail, barge, truck, and pipeline), Gasoline Distribution and Station Operations, or GDSO (selling fuel to station operators and sub-jobbers while operating convenience stores, car washes, ATMs, and lottery services and leasing stations), and Commercial (delivering unbranded fuels, home heating oil, and bunker fuel to public-sector and industrial customers, including custom blended fuels).
As a master limited partnership (MLP), GLP operates in the midstream/downstream segment of the energy value chain, which is the layer responsible for storage, terminaling, and logistics rather than exploration or refining. MLPs of this type typically generate fee-based revenue from terminal throughput, blending margins, and physical product distribution, and they are structured to pass through most taxable income to unit holders, which distinguishes them from conventional C-corporation energy issuers.
- Northeast heating demand boosts Commercial segment fuel volumes
- Renewable fuels expansion lifts wholesale segment margins
- Convenience store acquisitions drive GDSO station growth
| Net Income: 172.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 4.10 > 1.0 |
| NWC/Revenue: 1.07% < 20% (prev 1.05%; Δ 0.02% < -1%) |
| CFO/TA 0.08 > 3% & CFO 324.8m > Net Income 172.4m |
| Net Debt (2.48b) to EBITDA (406.3m): 6.10 < 3 |
| Current Ratio: 1.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.1m) vs 12m ago 0.06% < -2% |
| Gross Margin: 5.92% > 18% (prev 5.28%; Δ 0.64% > 0.5%) |
| Asset Turnover: 549.7% > 50% (prev 471.1%; Δ 78.65% > 0%) |
| Interest Coverage Ratio: 1.96 > 6 (EBIT TTM 265.4m / Interest Expense TTM 135.2m) |
| DSRI: 1.04 (Receivables 706.3m/564.0m, Revenue 21.5b/17.8b) |
| GMI: 0.89 (GM 5.28% / 5.92%) |
| AQI: 0.88 (AQ_t 0.14 / AQ_t-1 0.16) |
| SGI: 1.20 (Revenue 21.5b / 17.8b) |
| TATA: -0.04 (NI 172.4m - CFO 324.8m) / TA 4.02b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of August 19, 2026, the stock is trading at USD 50.75 with a total of 41,758 shares traded. Over the past week, the price has changed by +1.48%, over one month by +6.62%, over three months by +5.42% and over the past year by +7.89%.
Current recommended Stop Loss: 47.50 (which is 6.4% or 2.3 ATR below the current price).
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 | -11.3% |
P/E Trailing = 10.4049
P/E Forward = 14.2045
P/S = 0.0803
P/B = 2.2985
P/EG = 6.1772
Revenue TTM = 21.5b USD
EBIT TTM = 265.4m USD
EBITDA TTM = 406.3m USD
Long Term Debt = 1.44b USD (from longTermDebt, last quarter)
Short Term Debt = 146.7m USD (from shortTermDebt, last quarter)
Debt = 2.50b USD (from shortLongTermDebtTotal, last quarter) + Leases 495.7m
Net Debt = 2.48b USD (calculated: Debt 2.50b - CCE 23.9m)
Enterprise Value = 4.20b USD (1.72b + Debt 2.50b - CCE 23.9m)
Interest Coverage Ratio = 1.96 (Ebit TTM 265.4m / Interest Expense TTM 135.2m)
EV/FCF = 21.07x (Enterprise Value 4.20b / FCF TTM 199.4m)
FCF Yield = 4.75% (FCF TTM 199.4m / Enterprise Value 4.20b)
FCF Margin = 0.93% (FCF TTM 199.4m / Revenue TTM 21.5b)
Net Margin = 0.80% (Net Income TTM 172.4m / Revenue TTM 21.5b)
Gross Margin = 5.92% ((Revenue TTM 21.5b - Cost of Revenue TTM 20.2b) / Revenue TTM)
Gross Margin QoQ = 4.84% (prev 8.46%)
Tobins Q-Ratio = 1.04 (Enterprise Value 4.20b / Total Assets 4.02b)
Interest Expense / Debt = 5.40% (Interest Expense 135.2m / Debt 2.50b)
Taxrate = 3.01% (6.06m / 201.3m)
NOPAT = 257.5m (EBIT 265.4m * (1 - 3.01%))
Current Ratio = 1.19 (Total Current Assets 1.43b / Total Current Liabilities 1.20b)
Debt / Equity = 3.37 (Debt 2.50b / totalStockholderEquity, last quarter 743.8m)
Debt / EBITDA = 6.10 (Net Debt 2.48b / EBITDA 406.3m)
Debt / FCF = 12.43 (Net Debt 2.48b / FCF TTM 199.4m)
Total Stockholder Equity = 701.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.42% (Net Income 172.4m / Total Assets 4.02b)
RoE = 24.58% (Net Income TTM 172.4m / Total Stockholder Equity 701.5m)
RoCE = 12.41% (EBIT 265.4m / Capital Employed (Equity 701.5m + L.T.Debt 1.44b))
RoIC = 8.73% (NOPAT 257.5m / Invested Capital 2.95b)
WACC = 6.27% (E(1.72b)/V(4.23b) * Re(7.77%) + D(2.50b)/V(4.23b) * Rd(5.40%) * (1-Tc(0.03)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.03 | Cagr: 0.20%
[DCF] Terminal Value 77.97% ; FCFF base≈132.7m ; Y1≈152.1m ; Y5≈223.8m
[DCF] Fair Price = 26.25 (EV 3.37b - Net Debt 2.48b = Equity 888.7m / Shares 33.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -6.50 | EPS CAGR: -1.86% | SUE: 0.92 | # QB: 2
Revenue Correlation: 90.54 | Revenue CAGR: 7.89% | SUE: -1.36 | # QB: -10
EPS current Quarter (2026-09-30): EPS=1.48 | Chg30d=+54.17% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=5.87 | Chg30d=+24.63% | Revisions=-25% | GrowthEPS=+178.2% | GrowthRev=+47.7%
EPS next Year (2027-12-31): EPS=3.80 | Chg30d=+2.43% | Revisions=+0% | GrowthEPS=-35.3% | GrowthRev=+23.6%