Global Partners (GLP) Financials

$51.05 +0.24 (+0.47%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$51.04 -0.01 (-0.02%)

As of 04/17/2025 04:05 PM Eastern

Annual Income Statements for Global Partners

This table shows Global Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	115	44	-199	59	104	36	102	61	362	153	110
Consolidated Net Income / (Loss)	117	43	-239	57	102	35	102	61	362	153	110
Net Income / (Loss) Continuing Operations	117	43	-239	57	102	35	102	61	362	153	110
Total Pre-Tax Income	118	41	-239	34	108	36	102	62	379	161	115
Total Operating Income	166	115	-152	120	197	139	192	142	460	244	251
Total Gross Profit	545	598	546	583	650	663	721	719	1,098	974	1,058
Total Revenue	17,270	10,315	8,240	8,921	12,673	13,082	8,322	13,248	18,878	16,492	17,164
Operating Revenue	17,270	10,315	8,240	8,921	12,673	13,082	8,322	13,248	18,878	16,492	17,164
Total Cost of Revenue	16,725	9,717	7,693	8,338	12,022	12,419	7,600	12,529	17,780	15,519	16,106
Operating Cost of Revenue	16,725	9,717	7,693	8,338	12,022	12,419	7,600	12,529	17,780	15,519	16,106
Total Operating Expenses	379	483	699	463	453	524	529	577	637	730	807
Selling, General & Admin Expense	358	467	438	439	492	513	516	566	708	724	807
Amortization Expense	19	13	9.39	9.20	11	11	11	11	8.85	8.14	8.28
Impairment Charge	-	-	150	0.81	0.41	2.02	1.93	0.38	0.00	0.00	0.49
Other Special Charges / (Income)	2.18	2.10	101	-1.62	2.37	-3.22	0.28	-0.51	-80	-2.63	-9.49
Total Other Income / (Expense), net	-48	-73	-86	-86	-89	-103	-91	-80	-81	-83	-136
Interest & Investment Income	-48	-73	-86	-86	-89	-90	-84	-80	-81	-83	-136
Income Tax Expense	0.96	-1.87	0.05	-24	5.62	1.09	-0.12	1.34	17	8.14	4.61
Basic Earnings per Share	$3.97	$1.12	-	$1.74	$2.97	$0.82	$2.77	$1.33	$10.06	$3.77	$2.45
Weighted Average Basic Shares Outstanding	27.42M	32.18M	33.53M	33.59M	33.70M	33.81M	33.91M	33.94M	33.94M	33.97M	33.84M
Diluted Earnings per Share	$3.95	$1.11	-	$1.74	$2.95	$0.81	$2.74	$1.31	$10.02	$3.76	$2.41
Weighted Average Diluted Shares Outstanding	27.50M	32.32M	33.53M	33.63M	33.97M	34.34M	34.31M	34.28M	34.04M	34.04M	34.34M
Weighted Average Basic & Diluted Shares Outstanding	27.42M	32.18M	33.53M	33.63M	0.00	0.00	0.00	0.00	0.00	0.00	0.00

This table shows Global Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	111	57	29	41	27	55	-5.60	46	46	24
Consolidated Net Income / (Loss)	111	57	29	41	27	55	-5.60	46	46	24
Net Income / (Loss) Continuing Operations	111	57	29	41	27	55	-5.60	46	46	24
Total Pre-Tax Income	122	59	29	42	28	61	-5.24	48	48	24
Total Operating Income	141	79	51	63	48	82	26	84	83	58
Total Gross Profit	328	282	222	243	229	280	215	288	286	269
Total Revenue	4,627	4,427	4,030	3,832	4,221	4,409	4,145	4,410	4,422	4,186
Operating Revenue	4,627	4,427	4,030	3,832	4,221	4,409	4,145	4,410	4,422	4,186
Total Cost of Revenue	4,298	4,145	3,808	3,589	3,993	4,129	3,930	4,122	4,136	3,917
Operating Cost of Revenue	4,298	4,145	3,808	3,589	3,993	4,129	3,930	4,122	4,136	3,917
Total Operating Expenses	187	203	171	180	181	199	189	204	203	211
Selling, General & Admin Expense	185	199	171	177	179	197	190	202	208	208
Amortization Expense	2.12	2.12	2.08	2.02	2.02	2.02	1.87	1.99	2.29	2.13
Other Special Charges / (Income)	0.29	1.60	-2.13	0.88	-0.90	-0.49	-2.50	-0.30	-7.81	1.12
Total Other Income / (Expense), net	-19	-20	-22	-21	-20	-21	-31	-36	-35	-34
Interest & Investment Income	-19	-20	-22	-21	-20	-21	-31	-36	-35	-34
Income Tax Expense	11	1.88	0.40	0.69	1.26	5.79	0.36	1.84	2.26	0.15
Basic Earnings per Share	$3.12	$1.55	$0.70	$1.05	$0.60	$1.42	($0.37)	$1.11	$1.18	$0.53
Weighted Average Basic Shares Outstanding	33.92M	33.94M	33.99M	33.99M	33.98M	33.97M	33.96M	33.91M	33.78M	33.84M
Diluted Earnings per Share	$3.12	$1.53	$0.70	$1.05	$0.60	$1.41	($0.37)	$1.10	$1.17	$0.51
Weighted Average Diluted Shares Outstanding	34.01M	34.04M	34.00M	34.01M	34.06M	34.04M	33.96M	34.28M	34.19M	34.34M
Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

This table details how cash moves in and out of Global Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-3.98	-4.12	8.91	4.83	-6.74	3.92	-2.33	1.14	-6.81	16	-11
Net Cash From Operating Activities	111	63	-120	348	169	94	313	50	480	512	32
Net Cash From Continuing Operating Activities	345	63	-120	366	169	94	313	50	480	512	32
Net Income / (Loss) Continuing Operations	0.00	43	-239	57	102	35	102	61	362	153	110
Consolidated Net Income / (Loss)	-	43	-239	57	102	35	102	61	362	153	110
Depreciation Expense	86	116	112	106	107	108	100	102	105	110	140
Amortization Expense	6.19	7.78	8.66	-6.45	7.20	5.94	5.24	5.03	5.43	5.65	7.45
Non-Cash Adjustments To Reconcile Net Income	126	7.48	177	-18	-43	15	12	0.90	-77	8.19	9.63
Changes in Operating Assets and Liabilities, net	126	-112	-179	210	-4.58	-70	94	-119	85	236	-235
Net Cash From Investing Activities	-91	-650	6.45	-62	-226	-67	-70	-115	-236	-492	-277
Net Cash From Continuing Investing Activities	-91	-650	6.45	-62	-226	-67	-70	-115	-236	-492	-277
Purchase of Property, Plant & Equipment	-95	-93	-71	-50	-69	-83	-76	-102	-107	-89	-103
Acquisitions	-	-561	-	-38	-172	0.00	0.00	-18	-256	-410	-234
Sale of Property, Plant & Equipment	4.02	4.33	78	33	18	17	8.21	6.39	129	13	49
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	0.00	0.00	2.08	19
Other Investing Activities, net	-	-	-	-6.09	-3.34	-1.41	-1.61	-1.69	-1.66	-8.50	-7.05
Net Cash From Financing Activities	-258	583	122	-282	50	-23	-245	66	-251	-4.46	234
Net Cash From Continuing Financing Activities	-258	866	122	-282	50	-23	-245	66	-251	-4.46	234
Repayment of Debt	-43	-1.40	-52	-219	0.00	-339	-517	92	-146	144	-0.30
Repurchase of Preferred Equity	-	-	-	-	-	-	-	-	0.00	0.00	-69
Repurchase of Common Equity	-8.63	-3.89	-	-	0.00	0.00	-0.29	-3.77	-2.90	-3.52	-14
Payment of Dividends	-83	-103	-64	-63	-66	-77	-73	-92	-100	-145	-122
Issuance of Debt	259	862	177	-	51	393	345	-	0.00	0.00	441
Other Financing Activities, net	-528	-	62	-0.52	-0.84	-0.66	-0.28	-2.21	-1.56	-0.47	-1.82
Cash Interest Paid	32	60	64	63	67	67	59	55	61	65	95
Cash Income Taxes Paid	0.76	2.77	17	7.40	0.65	-5.21	-1.46	-15	8.05	2.90	9.30

This table details how cash moves in and out of Global Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	8.11	-11	3.03	3.97	0.25	8.34	53	-59	6.45	-12
Net Cash From Operating Activities	192	-97	-19	265	97	169	-183	24	123	67
Net Cash From Continuing Operating Activities	192	-97	-19	265	97	169	-183	24	123	67
Net Income / (Loss) Continuing Operations	111	57	29	41	27	55	-5.60	46	46	24
Consolidated Net Income / (Loss)	111	57	29	41	27	55	-5.60	46	46	24
Depreciation Expense	27	26	27	27	28	29	32	35	36	36
Amortization Expense	1.35	1.35	1.35	1.36	1.42	1.52	1.83	1.87	1.87	1.87
Non-Cash Adjustments To Reconcile Net Income	1.06	3.21	-1.00	2.69	1.42	5.08	2.95	4.26	-2.36	4.78
Changes in Operating Assets and Liabilities, net	51	-185	-75	193	40	78	-214	-63	42	0.56
Net Cash From Investing Activities	-62	-41	-12	-96	-14	-371	-1.51	-231	1.81	-47
Net Cash From Continuing Investing Activities	-62	-41	-12	-96	-14	-371	-1.51	-231	1.81	-47
Purchase of Property, Plant & Equipment	-23	-41	-15	-22	-17	-34	-17	-16	-24	-47
Acquisitions	-40	-0.98	0.00	-69	-1.50	-339	-9.66	-215	-3.82	-5.33
Sale of Property, Plant & Equipment	1.72	2.12	6.99	0.36	4.72	0.79	14	4.41	28	2.56
Sale and/or Maturity of Investments	-	-	0.00	-	-	2.08	14	0.40	2.17	2.17
Other Investing Activities, net	-	-1.66	-3.88	-4.28	-	-0.34	-3.47	-4.47	-	0.89
Net Cash From Financing Activities	-121	127	34	-166	-83	210	237	148	-118	-33
Net Cash From Continuing Financing Activities	-121	127	34	-166	-83	210	237	148	-118	-33
Repayment of Debt	-95	153	94	-138	-54	242	-171	255	-85	0.30
Repurchase of Common Equity	-	-0.33	-	-	-0.68	-2.85	-	-	-3.26	-3.01
Payment of Dividends	-25	-26	-59	-28	-28	-30	-31	-31	-30	-30
Cash Interest Paid	28	1.26	29	4.14	29	2.43	30	5.77	52	7.04

This table presents Global Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	2,031	2,664	2,564	2,320	2,424	2,808	2,541	2,831	3,161	3,446	3,788
Total Current Assets	959	867	1,075	878	875	1,005	781	1,065	1,169	1,098	1,207
Cash & Equivalents	5.24	1.12	10	15	8.12	12	9.71	11	4.04	20	8.21
Accounts Receivable	462	314	425	421	340	421	230	412	481	560	479
Inventories, net	337	389	522	351	386	450	384	510	567	397	594
Prepaid Expenses	54	66	70	78	99	82	119	87	74	91	92
Other Current Assets	101	97	49	14	41	39	38	45	43	30	34
Plant, Property, & Equipment, net	825	1,243	1,100	1,037	1,133	1,105	1,082	1,099	1,218	1,514	1,707
Total Noncurrent Assets	247	554	389	405	417	699	677	667	773	835	874
Long-Term Investments	-	-	-	-	-	-	-	-	0.00	94	93
Goodwill	154	435	295	312	327	324	324	328	428	429	422
Intangible Assets	49	76	65	57	59	47	36	26	27	21	19
Other Noncurrent Operating Assets	44	43	29	36	31	328	317	313	319	290	341
Total Liabilities & Shareholders' Equity	2,031	2,664	2,564	2,320	2,424	2,808	2,541	2,831	3,161	3,446	3,788
Total Liabilities	1,395	1,970	2,166	1,926	1,925	2,349	2,045	2,303	2,372	2,645	3,072
Total Current Liabilities	707	595	799	669	583	754	498	840	971	983	1,000
Short-Term Debt	0.70	-	275	127	103	149	34	205	153	17	130
Accounts Payable	457	304	320	313	309	373	208	353	531	649	510
Accrued Expenses	86	66	76	105	123	108	131	143	162	185	231
Current Deferred & Payable Income Tax Liabilities	106	95	101	110	43	43	37	44	43	67	67
Other Current Liabilities	59	130	27	14	4.49	81	87	94	83	65	63
Total Noncurrent Liabilities	687	1,375	1,367	1,257	1,342	1,595	1,547	1,464	1,401	1,663	2,071
Long-Term Debt	360	657	659	662	664	691	738	739	741	743	1,187
Asset Retirement Reserve & Litigation Obligation	34	68	58	53	57	54	49	48	64	71	91
Noncurrent Deferred & Payable Income Tax Liabilities	13	85	66	40	43	43	56	57	66	69	64
Other Noncurrent Operating Liabilities	280	476	432	352	428	808	704	620	530	780	730
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	636	694	398	394	499	459	495	528	788	801	717
Total Preferred & Common Equity	587	648	393	391	497	458	495	528	788	801	717
Total Common Equity	587	648	393	391	497	458	495	528	788	801	717
Common Stock	600	656	398	-2.98	503	463	494	530	789	800	717
Accumulated Other Comprehensive Income / (Loss)	-13	-8.09	-5.44	-5.47	-5.26	-5.08	1.60	-1.90	-0.45	0.38	0.00

This table presents Global Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,975	2,925	2,937	3,051	3,466	3,829	3,665
Total Current Assets	1,001	951	901	1,042	1,155	1,300	1,125
Cash & Equivalents	15	7.07	11	11	73	14	21
Accounts Receivable	434	442	442	525	568	612	478
Inventories, net	428	385	344	391	404	567	499
Prepaid Expenses	74	79	72	81	88	79	83
Other Current Assets	50	38	32	34	23	27	44
Plant, Property, & Equipment, net	1,217	1,204	1,200	1,188	1,490	1,687	1,661
Total Noncurrent Assets	757	770	836	820	820	842	879
Long-Term Investments	-	-	71	71	88	88	89
Goodwill	411	428	428	429	427	426	422
Intangible Assets	29	25	23	21	19	22	19
Other Noncurrent Operating Assets	317	317	315	299	287	307	348
Total Liabilities & Shareholders' Equity	2,975	2,925	2,937	3,051	3,466	3,829	3,665
Total Liabilities	2,226	2,165	2,161	2,276	2,702	3,123	2,942
Total Current Liabilities	825	773	754	917	986	1,183	983
Short-Term Debt	0.00	247	89	66	226	281	219
Accounts Payable	549	285	399	558	475	558	454
Accrued Expenses	149	120	145	136	154	205	188
Current Deferred & Payable Income Tax Liabilities	38	48	56	61	68	78	70
Other Current Liabilities	89	72	65	96	63	62	52
Total Noncurrent Liabilities	1,401	1,392	1,407	1,360	1,716	1,940	1,959
Long-Term Debt	741	741	742	742	1,185	1,185	1,186
Asset Retirement Reserve & Litigation Obligation	63	63	62	62	69	75	73
Noncurrent Deferred & Payable Income Tax Liabilities	65	66	66	66	68	66	64
Other Noncurrent Operating Liabilities	532	522	537	490	394	614	636
Total Equity & Noncontrolling Interests	749	759	776	774	764	706	723
Total Preferred & Common Equity	749	759	776	774	764	706	723
Total Common Equity	749	759	776	774	764	706	723
Common Stock	757	759	775	774	764	706	723
Accumulated Other Comprehensive Income / (Loss)	-7.42	0.00	0.68	0.51	-0.20	-0.53	0.46

This table displays calculated financial ratios and metrics derived from Global Partners' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.84%	-40.27%	-20.12%	8.26%	42.06%	3.23%	-36.39%	59.20%	42.49%	-12.64%	4.07%
EBITDA Growth	52.09%	-7.71%	-113.28%	792.02%	42.11%	-18.59%	17.49%	-16.18%	128.67%	-36.98%	10.81%
EBIT Growth	94.02%	-30.77%	-232.71%	178.68%	64.61%	-29.40%	38.11%	-26.03%	223.65%	-47.04%	3.06%
NOPAT Growth	96.27%	-27.04%	-188.88%	291.32%	-8.33%	-27.77%	42.58%	-27.71%	216.08%	-47.39%	4.20%
Net Income Growth	184.95%	-63.02%	-651.55%	123.94%	79.29%	-65.65%	189.05%	-40.21%	495.77%	-57.90%	-27.66%
EPS Growth	178.17%	-71.90%	0.00%	0.00%	69.54%	-72.54%	238.27%	-52.19%	664.89%	-62.48%	-35.90%
Operating Cash Flow Growth	-35.89%	-43.66%	-291.80%	390.64%	-51.54%	-44.09%	231.06%	-83.93%	855.82%	6.76%	-93.83%
Free Cash Flow Firm Growth	-141.45%	-47.95%	56.85%	354.41%	-73.21%	166.95%	-13.95%	-128.91%	446.94%	109.07%	-152.71%
Invested Capital Growth	63.67%	45.12%	2.42%	-10.57%	6.87%	-8.67%	-2.24%	16.15%	14.91%	-13.86%	33.59%
Revenue Q/Q Growth	-6.81%	-11.68%	1.77%	1.00%	23.15%	-9.88%	-12.17%	16.71%	1.81%	-0.11%	-1.28%
EBITDA Q/Q Growth	-0.74%	-6.87%	-189.68%	27.50%	36.17%	-19.87%	3.53%	3.38%	7.48%	1.60%	-3.90%
EBIT Q/Q Growth	-2.10%	-17.51%	-69.97%	104.01%	51.80%	-30.65%	6.66%	5.12%	9.37%	1.07%	-8.57%
NOPAT Q/Q Growth	-2.90%	-12.30%	-69.97%	396.11%	-7.72%	-26.80%	6.36%	4.82%	9.51%	-1.43%	-5.89%
Net Income Q/Q Growth	-3.74%	-42.05%	-35.68%	313.87%	49.73%	-60.13%	5.52%	32.39%	11.78%	-1.42%	-22.17%
EPS Q/Q Growth	-6.40%	-48.37%	0.00%	0.00%	298.65%	-80.20%	4.98%	39.36%	12.46%	-3.09%	-27.19%
Operating Cash Flow Q/Q Growth	273.91%	587.41%	-168.74%	52.56%	381.89%	-70.89%	32.90%	-68.87%	-9.10%	108.21%	-76.38%
Free Cash Flow Firm Q/Q Growth	-192.38%	30.95%	-204.43%	199.62%	153.95%	-47.63%	-9.25%	-195.76%	-22.81%	121.84%	6.75%
Invested Capital Q/Q Growth	15.27%	-2.19%	15.75%	10.36%	-10.59%	1.39%	4.29%	7.38%	13.85%	-3.60%	-4.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	3.15%	5.79%	6.63%	6.54%	5.13%	5.07%	8.67%	5.43%	5.81%	5.90%	6.16%
EBITDA Margin	1.50%	2.31%	-0.38%	2.45%	2.46%	1.94%	3.58%	1.88%	3.02%	2.18%	2.32%
Operating Margin	0.96%	1.11%	-1.85%	1.34%	1.56%	1.06%	2.31%	1.07%	2.44%	1.48%	1.46%
EBIT Margin	0.96%	1.11%	-1.85%	1.34%	1.56%	1.06%	2.31%	1.07%	2.44%	1.48%	1.46%
Profit (Net Income) Margin	0.68%	0.42%	-2.90%	0.64%	0.81%	0.27%	1.22%	0.46%	1.92%	0.92%	0.64%
Tax Burden Percent	99.18%	104.53%	100.02%	170.22%	94.79%	96.98%	100.12%	97.85%	95.56%	94.94%	95.99%
Interest Burden Percent	71.18%	36.08%	156.70%	28.01%	54.79%	26.06%	52.82%	43.69%	82.35%	65.90%	45.75%
Effective Tax Rate	0.82%	-4.53%	0.00%	-70.22%	5.21%	3.02%	-0.12%	2.15%	4.44%	5.06%	4.01%
Return on Invested Capital (ROIC)	20.57%	9.87%	-7.32%	14.60%	13.71%	10.02%	15.13%	10.24%	28.02%	14.81%	14.28%
ROIC Less NNEP Spread (ROIC-NNEP)	1.56%	-4.06%	-21.82%	-0.07%	4.49%	-1.48%	3.71%	0.99%	19.50%	4.53%	0.22%
Return on Net Nonoperating Assets (RNNOA)	0.71%	-3.36%	-36.39%	-0.18%	9.21%	-2.68%	6.17%	1.65%	27.02%	4.38%	0.27%
Return on Equity (ROE)	21.28%	6.51%	-43.71%	14.42%	22.92%	7.34%	21.30%	11.88%	55.04%	19.19%	14.54%
Cash Return on Invested Capital (CROIC)	-27.72%	-26.95%	-9.70%	25.76%	7.07%	19.08%	17.40%	-4.71%	14.14%	29.70%	-14.48%
Operating Return on Assets (OROA)	7.43%	4.89%	-5.82%	4.91%	8.31%	5.32%	7.19%	5.30%	15.36%	7.38%	6.95%
Return on Assets (ROA)	5.25%	1.84%	-9.13%	2.34%	4.32%	1.34%	3.80%	2.26%	12.09%	4.62%	3.05%
Return on Common Equity (ROCE)	19.40%	6.04%	-41.65%	14.26%	22.79%	7.32%	21.27%	11.88%	55.04%	19.19%	14.54%
Return on Equity Simple (ROE_SIMPLE)	19.93%	6.68%	-60.77%	14.61%	20.59%	7.68%	20.52%	11.52%	45.94%	19.05%	15.40%
Net Operating Profit after Tax (NOPAT)	164	120	-107	204	187	135	192	139	440	231	241
NOPAT Margin	0.95%	1.16%	-1.29%	2.29%	1.47%	1.03%	2.31%	1.05%	2.33%	1.40%	1.41%
Net Nonoperating Expense Percent (NNEP)	19.01%	13.93%	14.50%	14.68%	9.22%	11.49%	11.42%	9.24%	8.52%	10.28%	14.06%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	26.14%	14.83%	11.86%
Cost of Revenue to Revenue	96.85%	94.21%	93.37%	93.46%	94.87%	94.93%	91.33%	94.57%	94.19%	94.10%	93.84%
SG&A Expenses to Revenue	2.07%	4.53%	5.32%	4.92%	3.88%	3.92%	6.20%	4.28%	3.75%	4.39%	4.70%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	2.20%	4.68%	8.48%	5.19%	3.58%	4.00%	6.36%	4.36%	3.38%	4.43%	4.70%
Earnings before Interest and Taxes (EBIT)	166	115	-152	120	197	139	192	142	460	244	251
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	258	238	-32	219	311	253	298	249	571	360	398
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.60	0.37	0.80	0.76	0.65	0.99	0.85	1.24	1.25	1.67	2.20
Price to Tangible Book Value (P/TBV)	0.92	1.76	9.53	13.54	2.92	5.20	3.10	3.77	2.96	3.80	5.72
Price to Revenue (P/Rev)	0.02	0.02	0.04	0.03	0.03	0.03	0.05	0.05	0.05	0.08	0.09
Price to Earnings (P/E)	3.10	5.51	0.00	5.07	3.13	12.58	4.13	10.78	2.72	8.75	14.30
Dividend Yield	19.58%	36.82%	19.79%	20.88%	19.58%	15.56%	15.26%	11.90%	8.32%	6.76%	6.22%
Earnings Yield	32.31%	18.15%	0.00%	19.71%	31.94%	7.95%	24.22%	9.28%	36.71%	11.43%	6.99%
Enterprise Value to Invested Capital (EV/IC)	0.77	0.72	0.95	0.93	0.88	0.99	0.94	1.09	1.12	1.37	1.45
Enterprise Value to Revenue (EV/Rev)	0.04	0.10	0.17	0.14	0.10	0.10	0.14	0.12	0.10	0.12	0.16
Enterprise Value to EBITDA (EV/EBITDA)	2.94	4.33	0.00	5.60	3.97	5.05	3.98	6.37	3.29	5.51	7.01
Enterprise Value to EBIT (EV/EBIT)	4.59	8.99	0.00	10.23	6.27	9.19	6.16	11.17	4.08	8.12	11.12
Enterprise Value to NOPAT (EV/NOPAT)	4.62	8.60	0.00	6.01	6.62	9.48	6.15	11.41	4.27	8.55	11.58
Enterprise Value to Operating Cash Flow (EV/OCF)	6.85	16.50	0.00	3.52	7.32	13.56	3.79	31.63	3.91	3.86	88.40
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	3.41	12.84	4.98	5.35	0.00	8.46	4.27	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.57	1.08	2.73	2.38	1.84	1.83	1.56	1.79	1.13	0.95	1.84
Long-Term Debt to Equity	0.57	1.08	2.04	2.06	1.63	1.50	1.49	1.40	0.94	0.93	1.66
Financial Leverage	0.45	0.83	1.67	2.52	2.05	1.81	1.67	1.66	1.39	0.97	1.23
Leverage Ratio	4.06	3.53	4.79	6.17	5.31	5.46	5.60	5.25	4.55	4.16	4.77
Compound Leverage Factor	2.89	1.27	7.50	1.73	2.91	1.42	2.96	2.29	3.75	2.74	2.18
Debt to Total Capital	36.19%	51.82%	73.19%	70.42%	64.77%	64.64%	60.91%	64.14%	53.15%	48.68%	64.75%
Short-Term Debt to Total Capital	0.07%	0.00%	18.50%	9.50%	7.29%	11.47%	2.71%	13.91%	9.12%	1.08%	6.37%
Long-Term Debt to Total Capital	36.12%	51.82%	54.69%	60.92%	57.48%	53.17%	58.19%	50.23%	44.03%	47.60%	58.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	4.94%	3.21%	0.35%	0.25%	0.13%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	58.87%	44.97%	26.46%	29.33%	35.10%	35.27%	39.09%	35.86%	46.85%	51.32%	35.25%
Debt to EBITDA	1.40	3.13	-34.32	4.29	2.95	3.31	2.59	3.78	1.57	2.11	3.30
Net Debt to EBITDA	1.38	3.13	-34.01	4.22	2.92	3.27	2.56	3.74	1.56	1.80	3.05
Long-Term Debt to EBITDA	1.39	3.13	-25.65	3.71	2.62	2.73	2.48	2.96	1.30	2.07	2.98
Debt to NOPAT	2.20	6.22	-10.19	4.60	4.91	6.22	4.01	6.78	2.03	3.28	5.46
Net Debt to NOPAT	2.16	6.21	-10.10	4.53	4.87	6.13	3.96	6.71	2.02	2.79	5.04
Long-Term Debt to NOPAT	2.19	6.22	-7.62	3.98	4.36	5.11	3.83	5.31	1.68	3.21	4.92
Altman Z-Score	9.07	4.21	3.23	4.22	5.74	5.04	3.78	5.11	6.78	5.36	5.12
Noncontrolling Interest Sharing Ratio	8.84%	7.17%	4.71%	1.08%	0.59%	0.32%	0.12%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.36	1.46	1.35	1.31	1.50	1.33	1.57	1.27	1.20	1.12	1.21
Quick Ratio	0.66	0.53	0.54	0.65	0.60	0.57	0.48	0.50	0.50	0.59	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-221	-328	-141	360	96	257	221	-64	222	464	-245
Operating Cash Flow to CapEx	121.79%	70.55%	0.00%	2,040.18%	332.64%	143.46%	458.79%	52.68%	0.00%	674.40%	57.80%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	19.66	30.89	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	7.22	43.62	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	2.19	34.12	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	7.75	4.39	3.15	3.65	5.34	5.00	3.11	4.93	6.30	4.99	4.75
Accounts Receivable Turnover	30.05	26.60	22.32	21.10	33.29	34.37	25.58	41.27	42.25	31.68	33.05
Inventory Turnover	36.77	26.78	16.89	19.11	32.62	29.68	18.21	28.03	33.04	32.19	32.49
Fixed Asset Turnover	21.21	9.98	7.03	8.35	11.68	11.69	7.61	12.14	16.29	12.07	10.66
Accounts Payable Turnover	27.03	25.56	24.66	26.31	38.63	36.40	26.15	44.65	40.22	26.31	27.80
Days Sales Outstanding (DSO)	12.15	13.72	16.36	17.30	10.96	10.62	14.27	8.84	8.64	11.52	11.05
Days Inventory Outstanding (DIO)	9.93	13.63	21.61	19.10	11.19	12.30	20.05	13.02	11.05	11.34	11.23
Days Payable Outstanding (DPO)	13.51	14.28	14.80	13.87	9.45	10.03	13.96	8.17	9.08	13.87	13.13
Cash Conversion Cycle (CCC)	8.57	13.07	23.16	22.53	12.71	12.89	20.36	13.69	10.61	8.99	9.15
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	992	1,439	1,474	1,318	1,409	1,287	1,258	1,461	1,679	1,446	1,932
Invested Capital Turnover	21.62	8.49	5.66	6.39	9.29	9.71	6.54	9.75	12.03	10.56	10.16
Increase / (Decrease) in Invested Capital	386	448	35	-156	91	-122	-29	203	218	-233	486
Enterprise Value (EV)	760	1,032	1,395	1,225	1,237	1,280	1,184	1,588	1,877	1,979	2,793
Market Capitalization	355	240	313	298	325	451	422	655	987	1,334	1,578
Book Value per Share	$21.40	$19.06	$11.55	$11.50	$14.63	$13.47	$14.58	$15.52	$23.19	$23.55	$21.08
Tangible Book Value per Share	$14.00	$4.02	$0.97	$0.65	$3.28	$2.55	$4.00	$5.11	$9.82	$10.32	$8.12
Total Capital	997	1,440	1,484	1,333	1,417	1,299	1,268	1,472	1,683	1,560	2,033
Total Debt	361	746	1,086	939	918	839	772	944	894	760	1,316
Total Long-Term Debt	360	746	812	812	814	691	738	739	741	743	1,187
Net Debt	356	745	1,076	924	910	827	762	933	890	646	1,215
Capital Expenditures (CapEx)	91	89	-6.45	17	51	66	68	95	-22	76	55
Debt-free, Cash-free Net Working Capital (DFCFNWC)	247	271	541	321	387	387	309	419	347	112	329
Debt-free Net Working Capital (DFNWC)	252	272	551	336	395	400	318	430	351	132	337
Net Working Capital (NWC)	252	272	276	209	292	251	284	225	198	115	207
Net Nonoperating Expense (NNE)	47	77	132	147	85	100	91	78	78	79	131
Net Nonoperating Obligations (NNO)	356	745	1,076	924	910	827	762	933	890	646	1,215
Total Depreciation and Amortization (D&A)	93	124	121	99	114	114	105	107	110	116	147
Debt-free, Cash-free Net Working Capital to Revenue	1.43%	2.63%	6.56%	3.60%	3.06%	2.96%	3.71%	3.17%	1.84%	0.68%	1.91%
Debt-free Net Working Capital to Revenue	1.46%	2.64%	6.69%	3.77%	3.12%	3.05%	3.83%	3.25%	1.86%	0.80%	1.96%
Net Working Capital to Revenue	1.46%	2.64%	3.35%	2.35%	2.31%	1.92%	3.41%	1.70%	1.05%	0.70%	1.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.97	$1.12	($5.91)	$1.74	$2.98	$1.64	$2.77	$1.33	$10.06	$3.77	$2.45
Adjusted Weighted Average Basic Shares Outstanding	27.42M	32.18M	33.53M	33.59M	34.00M	33.81M	33.91M	33.94M	33.94M	33.97M	33.84M
Adjusted Diluted Earnings per Share	$3.95	$1.11	($5.91)	$1.74	$2.95	$1.62	$2.74	$1.31	$10.02	$3.76	$2.41
Adjusted Weighted Average Diluted Shares Outstanding	27.50M	32.32M	33.53M	33.63M	34.00M	34.34M	34.31M	34.28M	34.04M	34.04M	34.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.42M	32.18M	33.53M	33.59M	34.00M	34.00M	0.00	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	167	82	69	83	190	134	136	139	364	229	233
Normalized NOPAT Margin	0.96%	0.79%	0.84%	0.93%	1.50%	1.02%	1.64%	1.05%	1.93%	1.39%	1.35%
Pre Tax Income Margin	0.68%	0.40%	-2.90%	0.38%	0.85%	0.28%	1.22%	0.47%	2.01%	0.97%	0.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	10.64	26.84	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	10.32	26.87	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	5.61	17.33	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	5.29	17.36	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	70.92%	237.55%	-26.95%	110.52%	64.46%	217.82%	71.80%	151.19%	27.73%	94.99%	110.74%
Augmented Payout Ratio	78.30%	246.55%	-26.95%	110.52%	64.46%	217.82%	72.09%	157.40%	28.53%	97.30%	123.58%

This table displays calculated financial ratios and metrics derived from Global Partners' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	39.20%	8.19%	-10.45%	-28.03%	-8.77%	-0.40%	2.86%	15.08%	4.77%	-5.05%
EBITDA Growth	110.41%	59.36%	-2.13%	-57.37%	-54.64%	5.30%	-24.33%	33.21%	57.43%	-14.38%
EBIT Growth	163.21%	99.55%	-3.08%	-66.45%	-66.05%	3.25%	-49.83%	33.80%	73.94%	-28.85%
NOPAT Growth	142.68%	98.68%	-0.71%	-66.40%	-64.42%	-3.47%	-64.40%	30.81%	73.59%	-21.89%
Net Income Growth	231.30%	197.54%	-4.77%	-74.58%	-75.94%	-3.82%	-119.30%	11.50%	71.30%	-56.84%
EPS Growth	262.79%	264.29%	-7.89%	-77.22%	-80.77%	-7.84%	-152.86%	4.76%	95.00%	-63.83%
Operating Cash Flow Growth	25.62%	-98.43%	-185.40%	-26.84%	-49.36%	274.82%	-845.42%	-90.82%	26.39%	-60.31%
Free Cash Flow Firm Growth	114.51%	14.13%	-395.64%	-96.86%	37.60%	316.84%	-1.83%	-8,763.10%	-2,269.78%	-239.64%
Invested Capital Growth	8.39%	14.91%	20.89%	3.83%	1.74%	-13.86%	15.67%	35.75%	34.57%	33.59%
Revenue Q/Q Growth	-13.09%	-4.32%	-8.96%	-4.93%	10.16%	4.46%	-5.98%	6.38%	0.28%	-5.34%
EBITDA Q/Q Growth	-20.43%	-37.12%	-25.44%	14.28%	-15.34%	45.98%	-46.42%	101.17%	0.06%	-20.61%
EBIT Q/Q Growth	-24.36%	-44.06%	-34.85%	21.72%	-23.46%	70.11%	-68.34%	224.62%	-0.50%	-30.42%
NOPAT Q/Q Growth	-29.80%	-40.58%	-33.62%	21.37%	-25.68%	61.23%	-75.52%	345.94%	-1.37%	-27.46%
Net Income Q/Q Growth	-31.55%	-48.42%	-49.49%	42.57%	-35.23%	106.20%	-110.13%	923.80%	-0.49%	-48.05%
EPS Q/Q Growth	-32.32%	-50.96%	-54.25%	50.00%	-42.86%	135.00%	-126.24%	397.30%	6.36%	-56.41%
Operating Cash Flow Q/Q Growth	-47.12%	-150.55%	80.06%	1,472.64%	-63.40%	74.50%	-207.84%	113.33%	404.02%	-45.20%
Free Cash Flow Firm Q/Q Growth	-91.38%	-1,061.38%	-76.89%	102.14%	277.35%	1,414.98%	-183.08%	-82.41%	5.49%	2.50%
Invested Capital Q/Q Growth	0.39%	13.85%	3.70%	-12.40%	-1.63%	-3.60%	39.24%	2.81%	-2.49%	-4.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.10%	6.36%	5.51%	6.33%	5.41%	6.36%	5.19%	6.53%	6.47%	6.42%
EBITDA Margin	3.66%	2.41%	1.97%	2.37%	1.82%	2.55%	1.45%	2.74%	2.74%	2.30%
Operating Margin	3.05%	1.79%	1.28%	1.64%	1.14%	1.85%	0.62%	1.90%	1.89%	1.39%
EBIT Margin	3.05%	1.79%	1.28%	1.64%	1.14%	1.85%	0.62%	1.90%	1.89%	1.39%
Profit (Net Income) Margin	2.41%	1.30%	0.72%	1.08%	0.64%	1.25%	-0.14%	1.05%	1.04%	0.57%
Tax Burden Percent	91.16%	96.83%	98.64%	98.36%	95.51%	90.53%	106.93%	96.16%	95.32%	99.38%
Interest Burden Percent	86.52%	75.10%	57.15%	67.13%	58.50%	74.82%	-20.28%	57.22%	57.73%	41.34%
Effective Tax Rate	8.84%	3.17%	1.36%	1.64%	4.49%	9.47%	0.00%	3.84%	4.68%	0.62%
Return on Invested Capital (ROIC)	36.42%	20.79%	14.59%	18.18%	12.05%	17.69%	3.86%	17.48%	17.78%	14.01%
ROIC Less NNEP Spread (ROIC-NNEP)	34.18%	18.70%	12.28%	15.57%	9.43%	15.26%	1.74%	14.22%	14.45%	10.37%
Return on Net Nonoperating Assets (RNNOA)	41.31%	25.91%	17.96%	16.79%	8.98%	14.75%	2.54%	20.30%	19.50%	12.72%
Return on Equity (ROE)	77.73%	46.70%	32.55%	34.97%	21.03%	32.44%	6.40%	37.78%	37.27%	26.73%
Cash Return on Invested Capital (CROIC)	20.29%	14.14%	8.69%	17.37%	14.06%	29.70%	-3.66%	-17.95%	-14.91%	-14.48%
Operating Return on Assets (OROA)	20.04%	11.25%	7.74%	9.31%	6.23%	9.24%	3.24%	9.66%	9.77%	6.58%
Return on Assets (ROA)	15.80%	8.18%	4.36%	6.15%	3.48%	6.26%	-0.70%	5.32%	5.38%	2.70%
Return on Common Equity (ROCE)	77.73%	46.70%	32.55%	34.97%	21.03%	32.44%	6.40%	37.78%	37.27%	26.73%
Return on Equity Simple (ROE_SIMPLE)	43.24%	0.00%	47.51%	30.86%	19.98%	0.00%	15.43%	17.38%	19.60%	0.00%
Net Operating Profit after Tax (NOPAT)	129	77	51	62	46	74	18	81	80	58
NOPAT Margin	2.78%	1.73%	1.26%	1.61%	1.09%	1.68%	0.44%	1.83%	1.80%	1.38%
Net Nonoperating Expense Percent (NNEP)	2.24%	2.09%	2.30%	2.61%	2.62%	2.42%	2.12%	3.26%	3.33%	3.64%
Return On Investment Capital (ROIC_SIMPLE)	-	4.55%	-	-	-	4.74%	-	-	-	2.84%
Cost of Revenue to Revenue	92.90%	93.64%	94.49%	93.67%	94.59%	93.64%	94.81%	93.47%	93.53%	93.58%
SG&A Expenses to Revenue	3.99%	4.49%	4.23%	4.62%	4.25%	4.47%	4.58%	4.59%	4.69%	4.96%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.04%	4.57%	4.23%	4.70%	4.28%	4.51%	4.57%	4.63%	4.58%	5.03%
Earnings before Interest and Taxes (EBIT)	141	79	51	63	48	82	26	84	83	58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	170	107	79	91	77	112	60	121	121	96
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.98	1.25	1.28	1.25	1.43	1.67	1.97	2.22	2.17	2.20
Price to Tangible Book Value (P/TBV)	2.36	2.96	3.18	2.99	3.41	3.80	4.73	6.07	5.57	5.72
Price to Revenue (P/Rev)	0.04	0.05	0.05	0.06	0.07	0.08	0.09	0.09	0.09	0.09
Price to Earnings (P/E)	2.26	2.72	2.70	4.06	7.14	8.75	12.79	12.75	11.06	14.30
Dividend Yield	10.97%	8.32%	8.59%	8.82%	7.98%	6.76%	6.12%	6.07%	6.14%	6.22%
Earnings Yield	44.30%	36.71%	37.03%	24.62%	14.00%	11.43%	7.82%	7.84%	9.04%	6.99%
Enterprise Value to Invested Capital (EV/IC)	0.99	1.12	1.12	1.13	1.22	1.37	1.37	1.41	1.42	1.45
Enterprise Value to Revenue (EV/Rev)	0.08	0.10	0.11	0.10	0.11	0.12	0.17	0.17	0.16	0.16
Enterprise Value to EBITDA (EV/EBITDA)	2.74	3.29	3.44	3.86	5.17	5.51	8.10	7.91	6.91	7.01
Enterprise Value to EBIT (EV/EBIT)	3.46	4.08	4.26	5.15	7.59	8.12	12.64	12.24	10.42	11.12
Enterprise Value to NOPAT (EV/NOPAT)	3.63	4.27	4.45	5.44	7.80	8.55	13.51	13.16	11.17	11.58
Enterprise Value to Operating Cash Flow (EV/OCF)	2.76	3.91	4.47	5.05	7.44	3.86	7.90	27.08	21.40	88.40
Enterprise Value to Free Cash Flow (EV/FCFF)	5.07	8.46	14.15	6.62	8.75	4.27	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.99	1.13	1.30	1.07	1.04	0.95	1.85	2.08	1.94	1.84
Long-Term Debt to Equity	0.99	0.94	0.98	0.96	0.96	0.93	1.55	1.68	1.64	1.66
Financial Leverage	1.21	1.39	1.46	1.08	0.95	0.97	1.46	1.43	1.35	1.23
Leverage Ratio	4.40	4.55	4.70	4.13	3.95	4.16	4.20	4.57	4.48	4.77
Compound Leverage Factor	3.81	3.42	2.69	2.77	2.31	3.11	-0.85	2.61	2.59	1.97
Debt to Total Capital	49.70%	53.15%	56.56%	51.73%	51.06%	48.68%	64.87%	67.52%	66.02%	64.75%
Short-Term Debt to Total Capital	0.00%	9.12%	14.15%	5.56%	4.15%	1.08%	10.39%	12.95%	10.30%	6.37%
Long-Term Debt to Total Capital	49.70%	44.03%	42.42%	46.17%	46.91%	47.60%	54.47%	54.57%	55.72%	58.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	50.30%	46.85%	43.44%	48.27%	48.94%	51.32%	35.13%	32.48%	33.98%	35.25%
Debt to EBITDA	1.40	1.57	1.74	1.86	2.28	2.11	4.15	3.96	3.39	3.30
Net Debt to EBITDA	1.37	1.56	1.73	1.68	2.05	1.80	3.67	3.68	3.13	3.05
Long-Term Debt to EBITDA	1.40	1.30	1.30	1.66	2.10	2.07	3.48	3.20	2.86	2.98
Debt to NOPAT	1.84	2.03	2.25	2.63	3.44	3.28	6.91	6.59	5.48	5.46
Net Debt to NOPAT	1.81	2.02	2.24	2.37	3.09	2.79	6.12	6.13	5.06	5.04
Long-Term Debt to NOPAT	1.84	1.68	1.69	2.35	3.16	3.21	5.80	5.33	4.63	4.92
Altman Z-Score	6.66	6.38	6.69	6.16	5.80	5.21	5.21	4.90	5.19	4.96
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.21	1.20	1.23	1.19	1.14	1.12	1.17	1.10	1.14	1.21
Quick Ratio	0.54	0.50	0.58	0.60	0.59	0.59	0.65	0.53	0.51	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	15	-141	-250	5.36	20	307	-255	-464	-439	-428
Operating Cash Flow to CapEx	883.88%	-249.45%	-235.99%	1,219.76%	762.43%	508.53%	-6,814.70%	217.39%	0.00%	152.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	6.56	6.30	6.06	5.69	5.48	4.99	5.20	5.08	5.18	4.75
Accounts Receivable Turnover	46.54	42.25	37.93	35.30	34.43	31.68	32.89	32.61	34.65	33.05
Inventory Turnover	41.69	33.04	38.55	40.89	37.96	32.19	39.63	35.51	36.65	32.49
Fixed Asset Turnover	16.08	16.29	15.29	14.22	13.73	12.07	12.33	11.91	12.20	10.66
Accounts Payable Turnover	40.57	40.22	46.03	32.59	28.05	26.31	41.12	33.82	32.22	27.80
Days Sales Outstanding (DSO)	7.84	8.64	9.62	10.34	10.60	11.52	11.10	11.19	10.53	11.05
Days Inventory Outstanding (DIO)	8.75	11.05	9.47	8.93	9.62	11.34	9.21	10.28	9.96	11.23
Days Payable Outstanding (DPO)	9.00	9.08	7.93	11.20	13.01	13.87	8.88	10.79	11.33	13.13
Cash Conversion Cycle (CCC)	7.60	10.61	11.16	8.07	7.20	8.99	11.43	10.68	9.16	9.15
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,475	1,679	1,741	1,525	1,500	1,446	2,014	2,070	2,019	1,932
Invested Capital Turnover	13.08	12.03	11.57	11.30	11.10	10.56	8.85	9.56	9.88	10.16
Increase / (Decrease) in Invested Capital	114	218	301	56	26	-233	273	545	519	486
Enterprise Value (EV)	1,457	1,877	1,956	1,721	1,831	1,979	2,757	2,929	2,863	2,793
Market Capitalization	731	987	974	972	1,105	1,334	1,507	1,564	1,568	1,578
Book Value per Share	$22.05	$23.19	$22.33	$22.81	$22.78	$23.55	$22.47	$20.75	$21.28	$21.08
Tangible Book Value per Share	$9.11	$9.82	$9.02	$9.56	$9.55	$10.32	$9.37	$7.58	$8.28	$8.12
Total Capital	1,490	1,683	1,748	1,607	1,582	1,560	2,175	2,172	2,129	2,033
Total Debt	741	894	989	831	808	760	1,411	1,467	1,405	1,316
Total Long-Term Debt	741	741	741	742	742	743	1,185	1,185	1,186	1,187
Net Debt	725	890	982	750	726	646	1,250	1,365	1,295	1,215
Capital Expenditures (CapEx)	22	39	8.19	22	13	33	2.68	11	-3.45	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	160	347	418	225	180	112	322	384	340	329
Debt-free Net Working Capital (DFNWC)	176	351	425	236	192	132	395	398	361	337
Net Working Capital (NWC)	176	198	178	147	126	115	169	116	142	207
Net Nonoperating Expense (NNE)	17	19	22	20	19	19	24	34	34	34
Net Nonoperating Obligations (NNO)	725	890	982	750	726	646	1,250	1,365	1,295	1,215
Total Depreciation and Amortization (D&A)	28	28	28	28	29	31	34	37	38	38
Debt-free, Cash-free Net Working Capital to Revenue	0.86%	1.84%	2.27%	1.33%	1.09%	0.68%	1.94%	2.23%	1.96%	1.91%
Debt-free Net Working Capital to Revenue	0.95%	1.86%	2.31%	1.40%	1.16%	0.80%	2.38%	2.31%	2.08%	1.96%
Net Working Capital to Revenue	0.95%	1.05%	0.97%	0.87%	0.76%	0.70%	1.02%	0.68%	0.81%	1.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.12	$1.55	$0.70	$1.05	$0.60	$1.42	($0.37)	$1.11	$1.18	$0.53
Adjusted Weighted Average Basic Shares Outstanding	33.92M	33.94M	33.99M	33.99M	33.98M	33.97M	33.96M	33.91M	33.78M	33.84M
Adjusted Diluted Earnings per Share	$3.12	$1.53	$0.70	$1.05	$0.60	$1.41	($0.37)	$1.10	$1.17	$0.51
Adjusted Weighted Average Diluted Shares Outstanding	34.01M	34.04M	34.00M	34.01M	34.06M	34.04M	33.96M	34.28M	34.19M	34.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	129	78	49	63	45	73	16	80	73	59
Normalized NOPAT Margin	2.79%	1.76%	1.21%	1.63%	1.07%	1.67%	0.39%	1.82%	1.64%	1.41%
Pre Tax Income Margin	2.64%	1.34%	0.73%	1.10%	0.67%	1.38%	-0.13%	1.09%	1.09%	0.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.32%	27.73%	37.46%	57.76%	91.29%	94.99%	99.39%	97.82%	85.74%	110.74%
Augmented Payout Ratio	31.11%	28.53%	37.46%	57.89%	91.94%	97.30%	99.39%	107.13%	95.62%	123.58%

Frequently Asked Questions About Global Partners' Financials

When does Global Partners's financial year end?

According to the most recent income statement we have on file, Global Partners' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Global Partners' net income changed over the last 10 years?

Global Partners' net income appears to be on an upward trend, with a most recent value of $110.33 million in 2024, falling from $116.98 million in 2014. The previous period was $152.51 million in 2023.

What is Global Partners's operating income?

Global Partners's total operating income in 2024 was $251.22 million, based on the following breakdown:

Total Gross Profit: $1.06 billion
Total Operating Expenses: $806.67 million

How has Global Partners revenue changed over the last 10 years?

Over the last 10 years, Global Partners' total revenue changed from $17.27 billion in 2014 to $17.16 billion in 2024, a change of -0.6%.

How much debt does Global Partners have?

Global Partners' total liabilities were at $3.07 billion at the end of 2024, a 16.1% increase from 2023, and a 120.2% increase since 2014.

How much cash does Global Partners have?

In the past 10 years, Global Partners' cash and equivalents has ranged from $1.12 million in 2015 to $19.64 million in 2023, and is currently $8.21 million as of their latest financial filing in 2024.

How has Global Partners' book value per share changed over the last 10 years?

Over the last 10 years, Global Partners' book value per share changed from 21.40 in 2014 to 21.08 in 2024, a change of -1.5%.

Related Companies

This page (NYSE:GLP) was last updated on 4/18/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Global Partners (GLP) Financials

Frequently Asked Questions About Global Partners' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Global Partners (GLP) Financials

Annual Income Statements for Global Partners

Quarterly Income Statements for Global Partners

Annual Cash Flow Statements for Global Partners

Quarterly Cash Flow Statements for Global Partners

Annual Balance Sheets for Global Partners

Quarterly Balance Sheets for Global Partners

Annual Metrics and Ratios for Global Partners

Quarterly Metrics and Ratios for Global Partners

Frequently Asked Questions About Global Partners' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools