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MARKETS / NYSE / GLP
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
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
8B16B200920112013201520172019202120232025
Compound annual growth
−0.6%
+17.4%
+6.1%
+5.9%
−35.3%
−0.8%
+8.4%
+51.1%
+102.9%
+9.9%
3 yrs
5 yrs
10 yrs
15 yrs

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

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%200920112013201520172019202120232025
ROE

Not available in our data for this period.

Cash & shareholders
USD 10.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 193.3
200M400M-80M-160M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 10.0
5M10M20142015202020212022202320242025

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
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 %·················
ROE %·················

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

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 29 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 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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