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NYSE · WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS · LARGE CAP

Global Partners LP GLP

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$18.6B
▲ 8.1% YoY
$98.0M
▼ 11.2% YoY
$193.3M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Global Partners owns, controls, or has access to a terminal network for refined petroleum products and renewable fuels, connected to rail, pipeline, and marine assets, spanning from Maine to Florida and into the U.S. Gulf States. Global Partners owns, supplies, and operates gasoline stations and convenience stores primarily in Massachusetts, Maine, Connecticut, Vermont, New Hampshire, Rhode Island, New York, New Jersey, Pennsylvania, Maryland, and Virginia. Global Partners purchases, sells, gathers, blends, stores, and transports petroleum and related products, including gasoline and gasoline blendstocks such as ethanol, distillates such as home heating oil, diesel, and kerosene, residual oil, renewable fuels, crude oil, and propane, and transports petroleum products and renewable fuels by rail from the mid-continent region of the United States and Canada. As of December 31, 2025, Global Partners had a portfolio of 1,524 owned, leased, and/or supplied gasoline stations, including 290 directly operated convenience stores, primarily in the Northeast, and 67 gasoline stations in Texas operated or supplied by its joint venture, Spring Partners Retail LLC. Global Partners operates its businesses under three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. Global Partners was formed in March 2005 as a master limited partnership.

Written from the business description in Global Partners LP's annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

USD 18.6B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 18.6 · Net income 0.1
10B20B
2009201220152018202120242025
Compound annual growth
−0.6%
+17.4%
+6.1%
+5.9%
−35.3%
−0.8%
+8.4%
+51.1%
+102.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +17.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 1.3% · Net 0.5%
1%2%-1%-2%
200920172025
ROE

Not available in our data for this period.

Three returns, three denominators.
Return on equityNot available in our data for this period.

Return on equity has no reading this year — return on capital employed, just below, still does: 8%.

Cash & shareholders

USD 10.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 193.3
150M300M-100M-200M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 10.0
5M10M
20142015202020212022202320242025

USD 10.0M in buybacks — 10% of the year's profit went back to shareholders.

Total assetsUSD 3.9B
CashUSD 12.2M
Current ratio1.14×

Not available: we don't have the total debt figure for this period.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
GLP, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B18.617.216.518.913.28.313.112.78.98.210.317.319.617.614.87.85.8
Operating income $B0.20.30.20.50.10.20.10.20.1−0.20.10.20.10.10.10.00.1
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌0.30.20.10.10.10.1
Income tax $B0.00.00.00.00.0−0.00.00.0−0.00.0−0.00.00.00.00.0◌0.0
Net income $B0.10.10.20.40.10.10.00.10.1−0.20.00.10.0◌0.00.00.0
Free cash flow $B0.2−0.10.40.4−0.10.20.00.10.3−0.2−0.00.20.20.2−0.0−0.1−0.1
EPS, diluted $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE % — not available in our data◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityWholesale-Petroleum Bulk Stations & Terminals
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2009

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