GLOBAL PARTNERS LP (GLP) Stock Fundamental Analysis
NYSE:GLP - New York Stock Exchange, Inc. - US37946R1095 - Currency: USD
Taking everything into account, GLP scores 4 out of 10 in our fundamental rating. GLP was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. GLP has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, GLP is valued expensive at the moment.
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.
GLP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GLP has a Return On Assets (2.83%) which is in line with its industry peers.
The Return On Equity of GLP (15.52%) is better than 73.46% of its industry peers.
GLP has a better Return On Invested Capital (7.82%) than 65.40% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GLP is significantly below the industry average of 23.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 15.52% | ||
| ROIC | 7.82% |
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
The Profit Margin of GLP (0.61%) is worse than 65.88% of its industry peers.
In the last couple of years the Profit Margin of GLP has grown nicely.
GLP has a worse Operating Margin (1.55%) than 73.46% of its industry peers.
In the last couple of years the Operating Margin of GLP has grown nicely.
The Gross Margin of GLP (6.23%) is worse than 74.41% of its industry peers.
GLP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.55% | ||
| PM (TTM) | 0.61% | ||
| GM | 6.23% |
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
GLP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GLP has less shares outstanding than it did 1 year ago.
GLP has less shares outstanding than it did 5 years ago.
The debt/assets ratio for GLP is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of GLP is 31.69, which is on the high side as it means it would take GLP, 31.69 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GLP (31.69) is comparable to the rest of the industry.
A Debt/Equity ratio of 2.28 is on the high side and indicates that GLP has dependencies on debt financing.
The Debt to Equity ratio of GLP (2.28) is worse than 83.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 31.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.92
WACC8.49%
2.3 Liquidity
GLP has a Current Ratio of 1.17. This is a normal value and indicates that GLP is financially healthy and should not expect problems in meeting its short term obligations.
GLP has a Current ratio (1.17) which is in line with its industry peers.
GLP has a Quick Ratio of 1.17. This is a bad value and indicates that GLP is not financially healthy enough and could expect problems in meeting its short term obligations.
GLP has a worse Quick ratio (0.68) than 69.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
GLP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.70%, which is quite good.
Measured over the past years, GLP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.31% on average per year.
Looking at the last year, GLP shows a small growth in Revenue. The Revenue has grown by 6.04% 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)19.7%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%197.3%
Revenue 1Y (TTM)6.04%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%10.78%
3.2 Future
The Earnings Per Share is expected to grow by 9.65% on average over the next years. This is quite good.
The Revenue is expected to grow by 16.78% on average over the next years. This is quite good.
EPS Next Y15.2%
EPS Next 2Y10.86%
EPS Next 3Y9.65%
EPS Next 5YN/A
Revenue Next Year25.4%
Revenue Next 2Y21.3%
Revenue Next 3Y16.78%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.46 indicates a correct valuation of GLP.
The rest of the industry has a similar Price/Earnings ratio as GLP.
Compared to an average S&P500 Price/Earnings ratio of 26.98, GLP is valued a bit cheaper.
The Price/Forward Earnings ratio is 17.32, which indicates a rather expensive current valuation of GLP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLP is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, GLP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.46 | ||
| Fwd PE | 17.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLP is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as GLP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.99 | ||
| EV/EBITDA | 8.72 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.08
PEG (5Y)1.01
EPS Next 2Y10.86%
EPS Next 3Y9.65%
5. Dividend
5.1 Amount
GLP has a Yearly Dividend Yield of 9.18%, which is a nice return.
GLP's Dividend Yield is rather good when compared to the industry average which is at 6.66. GLP pays more dividend than 85.31% of the companies in the same industry.
GLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.18% |
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
GLP pays out 113.01% of its income as dividend. This is not a sustainable payout ratio.
GLP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP113.01%
EPS Next 2Y10.86%
EPS Next 3Y9.65%
NYSE:GLP (6/30/2025, 10:17:15 AM)
53
+0.45 (+0.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.88%
Inst Owner Change-20.1%
Ins Owners4.6%
Ins Owner Change0.75%
Market Cap1.80B
Analysts46.67
Price Target54.06 (2%)
Short Float %2.6%
Short Ratio13.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.18% |
Yearly Dividend3.6
Dividend Growth(5Y)9.73%
DP113.01%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)701.32%
Min EPS beat(2)114.52%
Max EPS beat(2)1288.12%
EPS beat(4)2
Avg EPS beat(4)338.41%
Min EPS beat(4)-26.22%
Max EPS beat(4)1288.12%
EPS beat(8)3
Avg EPS beat(8)112.51%
EPS beat(12)7
Avg EPS beat(12)110.42%
EPS beat(16)10
Avg EPS beat(16)136.03%
Revenue beat(2)0
Avg Revenue beat(2)-23.98%
Min Revenue beat(2)-28.57%
Max Revenue beat(2)-19.38%
Revenue beat(4)0
Avg Revenue beat(4)-23.56%
Min Revenue beat(4)-28.57%
Max Revenue beat(4)-19.38%
Revenue beat(8)0
Avg Revenue beat(8)-15.67%
Revenue beat(12)2
Avg Revenue beat(12)-8.75%
Revenue beat(16)4
Avg Revenue beat(16)-6.89%
PT rev (1m)-5.36%
PT rev (3m)-5.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)42.86%
EPS NY rev (1m)0%
EPS NY rev (3m)24.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.46 | ||
| Fwd PE | 17.32 | ||
| P/S | 0.1 | ||
| P/FCF | 30.99 | ||
| P/OCF | 11.07 | ||
| P/B | 2.59 | ||
| P/tB | 7.03 | ||
| EV/EBITDA | 8.72 |
EPS(TTM)3.22
EY6.08%
EPS(NY)3.06
Fwd EY5.77%
FCF(TTM)1.71
FCFY3.23%
OCF(TTM)4.79
OCFY9.03%
SpS517.95
BVpS20.46
TBVpS7.54
PEG (NY)1.08
PEG (5Y)1.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 15.52% | ||
| ROCE | 9.89% | ||
| ROIC | 7.82% | ||
| ROICexc | 7.84% | ||
| ROICexgc | 9.33% | ||
| OM | 1.55% | ||
| PM (TTM) | 0.61% | ||
| GM | 6.23% | ||
| FCFM | 0.33% |
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-Score6
Asset Turnover4.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 31.69 | ||
| Debt/EBITDA | 3.82 | ||
| Cap/Depr | 73.07% | ||
| Cap/Sales | 0.59% | ||
| Interest Coverage | 2.28 | ||
| Cash Conversion | 39.17% | ||
| Profit Quality | 53.88% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | N/A |
F-Score6
WACC8.49%
ROIC/WACC0.92
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)19.7%
EPS 3Y23.25%
EPS 5Y16.31%
EPS Q2Q%197.3%
EPS Next Y15.2%
EPS Next 2Y10.86%
EPS Next 3Y9.65%
EPS Next 5YN/A
Revenue 1Y (TTM)6.04%
Revenue growth 3Y9.01%
Revenue growth 5Y5.58%
Sales Q2Q%10.78%
Revenue Next Year25.4%
Revenue Next 2Y21.3%
Revenue Next 3Y16.78%
Revenue Next 5YN/A
EBIT growth 1Y26.55%
EBIT growth 3Y19.48%
EBIT growth 5Y11.91%
EBIT Next Year71.37%
EBIT Next 3Y21.09%
EBIT Next 5YN/A
FCF growth 1Y-82.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.86%
OCF growth 3Y-14.3%
OCF growth 5Y-19.66%