Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Global Partners Lp

GLP · NYSE · Energy

Fundamental quality

DEMANDING

45

out of 100

Global Partners Lp earns a fundamental-quality score of 45 out of 100, profiling it as a company with demanding fundamentals. Its score rests mainly on its growth (revenue +18.8%/yr). Its weakest area is its profitability (net margin 0.9%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Global Partners is a fuel-logistics MLP of the American Northeast: storage terminals, wholesale gasoline and heating-oil distribution, and a network of gas stations with stores. A regional pennies-per-gallon business with a generous distribution.

What will shape its future

  • Wholesale and station margins, the pennies adding up to its profit.
  • Its storage terminals, the strategic asset hard to replicate.
  • The long-term decline of liquid fuels in its region, its background clock.

Breakdown by area

I.Growth
74

EPS growth: 12.5% · Revenue growth: 18.8%

II.Profitability
25

Net margin: 0.9%

III.Financial health
37

FCF: 0.9%

Source: SEC EDGAR · TTM through 30/06/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 30 Energy companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 7%
Growthbeats 73%
Cash generationbeats 15%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Global Partners Lp strengths

  • Revenue growing (18.8% annualized).
  • Growing earnings per share (12.5% annualized).

Global Partners Lp risks and weaknesses

  • Thin margins (net margin of 0.9%), little cushion for setbacks.
  • Erratic free cash flow, with several years in the red.

Global Partners Lp historical evolution

YearRevenueNet incomeFree cash flowNet debt
20208,322102236-10
202113,24861-51-11
202218,878362373-4
202316,492153424-20
202417,164110-72-8
202518,56198193-12

Between 2020 and 2025, revenue went from $8,322M to $18,561M (+123%) and net income went from $102M to $98M (-4%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+31.4%
  • Net income+221.5%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score4345
  • Revenue growth17.4%18.8%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

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Is Global Partners Lp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Global Partners Lp a good company to invest in?

In terms of business quality, Global Partners Lp scores 45 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Global Partners Lp a profitable company?

Global Partners Lp is profitable, with a net margin of 0.9%, though a thin one.

Is Global Partners Lp growing?

Its revenue has grown 18.8% annualized in recent years and its earnings per share 12.5%.

Does Global Partners Lp generate cash?

Yes. It converts about 0.9% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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