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global partners lp - GLP

GLP

Close Chg Chg %
52.94 -0.70 -1.32%

Open Market

52.24

-0.70 (1.32%)

Volume: 18.45K

Last Updated:

Nov 25, 2024, 11:38 AM EDT

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Company Overview: global partners lp - GLP

GLP Key Data

Open

$52.18

 Day Range

52.04 - 53.31

52 Week Range

0.10 - 53.21

 Market Cap

$1.76B

Shares Outstanding

34.00M

 Public Float

29.53M

Beta

1.37

 Rev. Per Employee

N/A

P/E Ratio

15.68

 EPS

$3.34

Yield

542.91%

 Dividend

$0.73

EX-DIVIDEND DATE

Nov 8, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

74.14K

  

GLP Performance

1 Week
 
 0.00%
 
1 Month
 
 13.08%
 
3 Months
 
 23.97%
 
1 Year
 
 55.05%
 
5 Years
 
 164.79%
 

GLP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About global partners lp - GLP

Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes the sale of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.

GLP At a Glance

Global Partners LP
800 South Street
Waltham, Massachusetts 02454-9161
Phone 1-781-894-8800 Revenue 16.49B
Industry Wholesale Distributors Net Income 142.60M
Sector Distribution Services Employees 5,060
Fiscal Year-end 12 / 2024
View SEC Filings

GLP Valuation

P/E Current 15.676
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 11.248
Price to Sales Ratio 0.087
Price to Book Ratio 2.175
Price to Cash Flow Ratio 2.81
Enterprise Value to EBITDA 8.67
Enterprise Value to Sales 0.188
Total Debt to Enterprise Value 0.496

GLP Efficiency

Revenue/Employee 3,259,322.925
Income Per Employee 28,181.423
Receivables Turnover 29.455
Total Asset Turnover 4.862

GLP Liquidity

Current Ratio 1.117
Quick Ratio 0.713
Cash Ratio 0.02

GLP Profitability

Gross Margin 3.116
Operating Margin 1.501
Pretax Margin 0.974
Net Margin 0.865
Return on Assets 4.204
Return on Equity 17.972
Return on Total Capital 6.102
Return on Invested Capital 6.692

GLP Capital Structure

Total Debt to Total Equity 192.549
Total Debt to Total Capital 65.818
Total Debt to Total Assets 43.545
Long-Term Debt to Equity 221.743
Long-Term Debt to Total Capital 62.534
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Global Partners Lp - GLP

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
8.32B 13.25B 18.88B 16.49B
Sales Growth
-36.39% +59.20% +42.49% -12.64%
Cost of Goods Sold (COGS) incl D&A
7.95B 12.92B 18.26B 15.98B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
100.14M 102.24M 104.80M 110.09M
Depreciation
89.30M 91.53M 95.94M 101.95M
Amortization of Intangibles
10.84M 10.71M 8.85M 8.14M
COGS Growth
-37.86% +62.49% +41.37% -12.52%
Gross Income
370.39M 328.37M 613.57M 513.83M
Gross Income Growth
+29.58% -11.34% +86.85% -16.26%
Gross Profit Margin
+4.45% +2.48% +3.25% +3.12%
2020 2021 2022 2023 5-year trend
SG&A Expense
182.98M 201.70M 252.00M 266.33M
Research & Development
- - - -
-
Other SG&A
182.98M 201.70M 252.00M 266.33M
SGA Growth
+12.86% +10.23% +24.94% +5.68%
Other Operating Expense
- - - -
-
Unusual Expense
4.36M (185.00K) (18.85M) 6.36M
EBIT after Unusual Expense
183.05M 126.86M 380.42M 241.14M
Non Operating Income/Expense
2.05M 15.36M 79.87M 5.13M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - 2.50M
-
Interest Expense
83.54M 80.09M 81.26M 85.63M
Interest Expense Growth
-7.03% -4.13% +1.46% +5.38%
Gross Interest Expense
83.54M 80.09M 81.26M 85.63M
Interest Capitalized
- - - -
-
Pretax Income
101.56M 62.13M 379.03M 160.64M
Pretax Income Growth
+180.00% -38.82% +510.04% -57.62%
Pretax Margin
+1.22% +0.47% +2.01% +0.97%
Income Tax
(119.00K) 1.34M 16.82M 8.14M
Income Tax - Current - Domestic
- (13.46M) 7.24M 5.63M
Income Tax - Current - Foreign
- - - 737.00K
-
Income Tax - Deferred - Domestic
13.34M 599.00K 9.58M 2.51M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 2.50M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
101.68M 60.80M 362.21M 152.51M
Minority Interest Expense
871.00K 3.58M 7.14M 9.91M
Net Income
100.81M 57.22M 355.07M 142.60M
Net Income Growth
+192.31% -43.25% +520.59% -59.84%
Net Margin Growth
+1.21% +0.43% +1.88% +0.86%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
100.81M 57.22M 355.07M 142.60M
Preferred Dividends
6.73M 12.21M 13.85M 14.56M
Net Income Available to Common
94.08M 45.01M 341.22M 128.04M
EPS (Basic)
2.7747 1.326 10.055 3.7692
EPS (Basic) Growth
+237.92% -52.21% +658.30% -62.51%
Basic Shares Outstanding
33.91M 33.94M 33.94M 33.97M
EPS (Diluted)
2.7423 1.313 10.0228 3.7615
EPS (Diluted) Growth
+239.23% -52.12% +663.35% -62.47%
Diluted Shares Outstanding
34.31M 34.28M 34.04M 34.04M
EBITDA
287.55M 228.91M 466.36M 357.59M
EBITDA Growth
+24.00% -20.39% +103.73% -23.32%
EBITDA Margin
+3.46% +1.73% +2.47% +2.17%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 51.00
Number of Ratings 2 Current Quarters Estimate 0.24
FY Report Date 12 / 2024 Current Year's Estimate 2.13
Last Quarter’s Earnings 1.17 Median PE on CY Estimate N/A
Year Ago Earnings 3.76 Next Fiscal Year Estimate 2.51
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate 0.24 -0.05 2.13 2.51
High Estimates 0.24 -0.05 2.13 2.51
Low Estimate 0.24 -0.05 2.13 2.51
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Global Partners Lp - GLP

Date Name Shares Transaction Value
Sep 13, 2024 Global GP LLC 248,981 Open market or private purchase of non-derivative security Non-derivative transaction at $43.85 per share 10,917,816.85
Sep 13, 2024 Global GP LLC 243,981 Open market or private purchase of non-derivative security Non-derivative transaction at $43.17 per share 10,532,659.77
May 29, 2024 Global GP LLC 127,981 Open market or private purchase of non-derivative security Non-derivative transaction at $44.63 per share 5,711,792.03
Mar 1, 2024 Sean T. Geary Chief Legal Officer & Sec. N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Sean T. Geary Chief Legal Officer & Sec. 22,778 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.85 per share 1,044,371.30
Mar 1, 2024 Sean T. Geary Chief Legal Officer & Sec. 23,970 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Gregory B. Hanson Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Gregory B. Hanson Chief Financial Officer 24,511 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.85 per share 1,123,829.35
Mar 1, 2024 Gregory B. Hanson Chief Financial Officer 25,868 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Matthew Spencer Chief Accounting Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Matthew Spencer Chief Accounting Officer 22,551 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.85 per share 1,033,963.35
Mar 1, 2024 Matthew Spencer Chief Accounting Officer 23,508 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Mark Romaine Chief Operating Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Mark Romaine Chief Operating Officer 114,139 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.85 per share 5,233,273.15
Mar 1, 2024 Mark Romaine Chief Operating Officer 117,267 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Eric S. Slifka Vice Chairman, President & CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Eric S. Slifka Vice Chairman, President & CEO; Director 905,587 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.85 per share 41,521,163.95
Mar 1, 2024 Eric S. Slifka Vice Chairman, President & CEO; Director 912,018 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Global Partners Lp in the News