Global Partners LP Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	18,561	17,164	16,492	18,878	13,248
Revenue Growth (YoY)	8.14%	4.07%	-12.64%	42.49%	59.20%
Cost of Revenue	17,499	16,062	15,474	17,735	12,487
Gross Profit	1,062	1,102	1,019	1,143	761.7
Selling, General & Admin	825.15	851.15	769.26	750.71	608.9
Amortization of Goodwill & Intangibles	5.33	8.28	8.14	8.85	10.71
Operating Expenses	830.48	859.43	777.39	759.56	619.61
Operating Income	231.57	242.22	241.14	383.22	142.09
Interest Expense	-137.16	-134.77	-85.63	-81.26	-80.09
Earnings From Equity Investments	4.51	-1.51	2.5	-	-
EBT Excluding Unusual Items	98.92	105.93	158.02	301.96	62.01
Merger & Restructuring Charges	-	-	-	-2.8	-
Gain (Loss) on Sale of Assets	3.33	9.49	2.63	79.87	0.51
Asset Writedown	-0.23	-0.49	-	-	-0.38
Other Unusual Items	-2.97	-2.63	-	-	-
Pretax Income	99.04	112.3	160.64	379.03	62.13
Income Tax Expense	1.06	4.61	8.14	16.82	1.34
Earnings From Continuing Operations	97.98	107.69	152.51	362.21	60.8
Minority Interest in Earnings	-18.76	-15.34	-9.91	-7.14	-3.58
Net Income	79.22	92.35	142.6	355.07	57.22
Preferred Dividends & Other Adjustments	-	9.58	14.56	13.85	12.21
Net Income to Common	79.22	82.77	128.04	341.22	45.01
Net Income Growth	-14.22%	-35.24%	-59.84%	520.59%	-43.24%
Shares Outstanding (Basic)	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34	34
Shares Change (YoY)	-0.36%	0.88%	-0.01%	-0.68%	-0.09%
EPS (Basic)	2.34	2.45	3.77	10.06	1.33
EPS (Diluted)	2.11	2.41	3.76	10.02	1.31
EPS Growth	-12.45%	-35.90%	-62.48%	664.88%	-52.19%
Free Cash Flow	-	-286.78	110.42	373.2	-51.5
Free Cash Flow Per Share	-	-8.35	3.24	10.96	-1.50
Dividend Per Share	-	2.900	2.715	2.460	2.310
Dividend Growth	-	6.81%	10.37%	6.49%	21.42%
Gross Margin	5.72%	6.42%	6.18%	6.05%	5.75%
Operating Margin	1.25%	1.41%	1.46%	2.03%	1.07%
Profit Margin	0.43%	0.48%	0.78%	1.81%	0.34%
Free Cash Flow Margin	-	-1.67%	0.67%	1.98%	-0.39%
EBITDA	374.59	381.91	351.23	488.01	244.33
EBITDA Margin	2.02%	2.23%	2.13%	2.58%	1.84%
D&A For EBITDA	143.02	139.69	110.09	104.8	102.24
EBIT	231.57	242.22	241.14	383.22	142.09
EBIT Margin	1.25%	1.41%	1.46%	2.03%	1.07%
Effective Tax Rate	1.07%	4.10%	5.07%	4.44%	2.15%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q