GLOBAL PARTNERS LP (GLP) Stock Fundamental Analysis
USA - NYSE:GLP - US37946R1095
48.925 USD
-1.07 (-2.13%)
We assign a fundamental rating of 4 out of 10 to GLP. GLP was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of GLP while its profitability can be described as average. GLP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year GLP was profitable.
In the past year GLP had a positive cash flow from operations.
In the past 5 years GLP has always been profitable.
In the past 5 years GLP always reported a positive cash flow from operatings.
1.2 Ratios
GLP has a Return On Assets (2.35%) which is in line with its industry peers.
GLP's Return On Equity of 12.99% is fine compared to the rest of the industry. GLP outperforms 69.19% of its industry peers.
GLP has a Return On Invested Capital of 7.14%. This is in the better half of the industry: GLP outperforms 63.03% of its industry peers.
GLP had an Average Return On Invested Capital over the past 3 years of 9.44%. This is significantly below the industry average of 21.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 12.99% | ||
| ROIC | 7.14% |
ROA(3y)5.56%
ROA(5y)4.4%
ROE(3y)23.6%
ROE(5y)19.66%
ROIC(3y)9.44%
ROIC(5y)8.29%
1.3 Margins
With a Profit Margin value of 0.50%, GLP is not doing good in the industry: 65.40% of the companies in the same industry are doing better.
GLP's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 1.40%, GLP is not doing good in the industry: 72.51% of the companies in the same industry are doing better.
GLP's Operating Margin has improved in the last couple of years.
GLP has a Gross Margin of 6.07%. This is in the lower half of the industry: GLP underperforms 73.46% of its industry peers.
In the last couple of years the Gross Margin of GLP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.4% | ||
| PM (TTM) | 0.5% | ||
| GM | 6.07% |
OM growth 3Y9.6%
OM growth 5Y5.99%
PM growth 3Y12.39%
PM growth 5Y17.64%
GM growth 3Y4.33%
GM growth 5Y3.99%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GLP is still creating some value.
The number of shares outstanding for GLP has been reduced compared to 1 year ago.
Compared to 5 years ago, GLP has less shares outstanding
GLP has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of GLP is 6.74, which is on the high side as it means it would take GLP, 6.74 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.74, GLP is in line with its industry, outperforming 57.82% of the companies in the same industry.
A Debt/Equity ratio of 2.32 is on the high side and indicates that GLP has dependencies on debt financing.
GLP has a Debt to Equity ratio of 2.32. This is amonst the worse of the industry: GLP underperforms 83.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC8.47%
2.3 Liquidity
A Current Ratio of 1.18 indicates that GLP should not have too much problems paying its short term obligations.
GLP has a Current ratio (1.18) which is comparable to the rest of the industry.
A Quick Ratio of 0.70 indicates that GLP may have some problems paying its short term obligations.
GLP has a worse Quick ratio (0.70) than 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
GLP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.27%.
GLP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.31% yearly.
Looking at the last year, GLP shows a small growth in Revenue. The Revenue has grown by 3.74% in the last year.
Measured over the past years, GLP shows a small growth in Revenue. The Revenue has been growing by 5.58% on average per year.
EPS 1Y (TTM)-4.27%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%-45.3%
Revenue 1Y (TTM)3.74%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%4.93%
3.2 Future
The Earnings Per Share is expected to grow by 14.29% on average over the next years. This is quite good.
The Revenue is expected to grow by 19.98% on average over the next years. This is quite good.
EPS Next Y20.47%
EPS Next 2Y18.64%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue Next Year24.85%
Revenue Next 2Y26.55%
Revenue Next 3Y19.98%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.19, GLP is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as GLP.
GLP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.54.
With a Price/Forward Earnings ratio of 13.96, GLP is valued correctly.
GLP's Price/Forward Earnings ratio is in line with the industry average.
GLP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.05, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.19 | ||
| Fwd PE | 13.96 |
4.2 Price Multiples
GLP's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, GLP is valued cheaply inside the industry as 86.73% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.64 | ||
| EV/EBITDA | 8.58 |
4.3 Compensation for Growth
GLP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GLP's earnings are expected to grow with 14.29% in the coming years.
PEG (NY)0.89
PEG (5Y)1.12
EPS Next 2Y18.64%
EPS Next 3Y14.29%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.98%, GLP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.98, GLP pays a bit more dividend than its industry peers.
GLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
5.2 History
On average, the dividend of GLP grows each year by 9.73%, which is quite nice.
GLP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.73%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
137.85% of the earnings are spent on dividend by GLP. This is not a sustainable payout ratio.
GLP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP137.85%
EPS Next 2Y18.64%
EPS Next 3Y14.29%
NYSE:GLP (9/29/2025, 3:17:00 PM)
48.925
-1.07 (-2.13%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.65%
Inst Owner Change16.22%
Ins Owners5.19%
Ins Owner Change1.57%
Market Cap1.66B
Analysts46.67
Price Target54.06 (10.5%)
Short Float %1.9%
Short Ratio9.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
Yearly Dividend3.6
Dividend Growth(5Y)9.73%
DP137.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)646.87%
Min EPS beat(2)5.61%
Max EPS beat(2)1288.12%
EPS beat(4)3
Avg EPS beat(4)345.51%
Min EPS beat(4)-26.22%
Max EPS beat(4)1288.12%
EPS beat(8)4
Avg EPS beat(8)115.56%
EPS beat(12)7
Avg EPS beat(12)87.79%
EPS beat(16)11
Avg EPS beat(16)139.88%
Revenue beat(2)0
Avg Revenue beat(2)-21.42%
Min Revenue beat(2)-23.46%
Max Revenue beat(2)-19.38%
Revenue beat(4)0
Avg Revenue beat(4)-24.23%
Min Revenue beat(4)-28.57%
Max Revenue beat(4)-19.38%
Revenue beat(8)0
Avg Revenue beat(8)-17.71%
Revenue beat(12)1
Avg Revenue beat(12)-12.55%
Revenue beat(16)4
Avg Revenue beat(16)-7.54%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)28.24%
EPS NY rev (1m)0%
EPS NY rev (3m)4.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.19 | ||
| Fwd PE | 13.96 | ||
| P/S | 0.09 | ||
| P/FCF | 6.64 | ||
| P/OCF | 4.69 | ||
| P/B | 2.42 | ||
| P/tB | 6.69 | ||
| EV/EBITDA | 8.58 |
EPS(TTM)2.69
EY5.5%
EPS(NY)3.5
Fwd EY7.16%
FCF(TTM)7.37
FCFY15.07%
OCF(TTM)10.43
OCFY21.32%
SpS524.34
BVpS20.19
TBVpS7.31
PEG (NY)0.89
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 12.99% | ||
| ROCE | 9.04% | ||
| ROIC | 7.14% | ||
| ROICexc | 7.18% | ||
| ROICexgc | 8.55% | ||
| OM | 1.4% | ||
| PM (TTM) | 0.5% | ||
| GM | 6.07% | ||
| FCFM | 1.41% |
ROA(3y)5.56%
ROA(5y)4.4%
ROE(3y)23.6%
ROE(5y)19.66%
ROIC(3y)9.44%
ROIC(5y)8.29%
ROICexc(3y)9.47%
ROICexc(5y)8.32%
ROICexgc(3y)11.69%
ROICexgc(5y)10.23%
ROCE(3y)11.94%
ROCE(5y)10.49%
ROICexcg growth 3Y5.86%
ROICexcg growth 5Y4.63%
ROICexc growth 3Y6.72%
ROICexc growth 5Y5.22%
OM growth 3Y9.6%
OM growth 5Y5.99%
PM growth 3Y12.39%
PM growth 5Y17.64%
GM growth 3Y4.33%
GM growth 5Y3.99%
F-Score7
Asset Turnover4.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 6.74 | ||
| Debt/EBITDA | 4.05 | ||
| Cap/Depr | 72.26% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 1.92 | ||
| Cash Conversion | 90.2% | ||
| Profit Quality | 281.27% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | N/A |
F-Score7
WACC8.47%
ROIC/WACC0.84
Cap/Depr(3y)85.52%
Cap/Depr(5y)86.46%
Cap/Sales(3y)0.57%
Cap/Sales(5y)0.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.27%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%-45.3%
EPS Next Y20.47%
EPS Next 2Y18.64%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue 1Y (TTM)3.74%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%4.93%
Revenue Next Year24.85%
Revenue Next 2Y26.55%
Revenue Next 3Y19.98%
Revenue Next 5YN/A
EBIT growth 1Y6.01%
EBIT growth 3Y19.48%
EBIT growth 5Y11.91%
EBIT Next Year72.72%
EBIT Next 3Y22.92%
EBIT Next 5YN/A
FCF growth 1Y4.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.11%
OCF growth 3Y-14.3%
OCF growth 5Y-19.66%