Global Partners LP (GLP)

Global Partners LP Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	18,100	17,164	16,492	18,878	13,248	8,322
Revenue Growth (YoY)	4.10%	4.07%	-12.64%	42.49%	59.20%	-36.39%
Cost of Revenue	16,988	16,062	15,474	17,735	12,487	7,553
Gross Profit	1,112	1,102	1,019	1,143	761.7	768.84
Selling, General & Admin	870.94	851.15	769.26	750.71	608.9	563.53
Amortization of Goodwill & Intangibles	6.19	8.28	8.14	8.85	10.71	10.84
Operating Expenses	877.13	859.43	777.39	759.56	619.61	574.37
Operating Income	234.42	242.22	241.14	383.22	142.09	194.47
Interest Expense	-138.3	-134.77	-85.63	-81.26	-80.09	-83.54
Earnings From Equity Investments	3.43	-1.51	2.5	-	-	-
EBT Excluding Unusual Items	99.56	105.93	158.02	301.96	62.01	110.93
Merger & Restructuring Charges	-	-	-	-2.8	-	-
Gain (Loss) on Sale of Assets	1.24	9.49	2.63	79.87	0.51	-0.28
Asset Writedown	-0.23	-0.49	-	-	-0.38	-1.93
Other Unusual Items	-2.97	-2.63	-	-	-	-7.16
Pretax Income	97.6	112.3	160.64	379.03	62.13	101.56
Income Tax Expense	0.82	4.61	8.14	16.82	1.34	-0.12
Earnings From Continuing Operations	96.78	107.69	152.51	362.21	60.8	101.68
Minority Interest in Earnings	-18.11	-15.34	-9.91	-7.14	-3.58	-0.87
Net Income	78.66	92.35	142.6	355.07	57.22	100.81
Preferred Dividends & Other Adjustments	7.12	9.58	14.56	13.85	12.21	6.73
Net Income to Common	71.54	82.77	128.04	341.22	45.01	94.08
Net Income Growth	-36.98%	-35.24%	-59.84%	520.59%	-43.24%	192.31%
Shares Outstanding (Basic)	34	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34	34	34
Shares Change (YoY)	0.34%	0.88%	-0.01%	-0.68%	-0.09%	-0.09%
EPS (Basic)	2.11	2.45	3.77	10.06	1.33	2.77
EPS (Diluted)	2.08	2.41	3.76	10.02	1.31	2.74
EPS Growth	-37.06%	-35.90%	-62.48%	664.88%	-52.19%	238.27%
Free Cash Flow	151.46	-286.78	110.42	373.2	-51.5	236.19
Free Cash Flow Per Share	4.41	-8.35	3.24	10.96	-1.50	6.88
Dividend Per Share	2.990	2.900	2.715	2.460	2.310	1.903
Dividend Growth	4.54%	6.81%	10.37%	6.49%	21.42%	-8.09%
Gross Margin	6.14%	6.42%	6.18%	6.05%	5.75%	9.24%
Operating Margin	1.29%	1.41%	1.46%	2.03%	1.07%	2.34%
Profit Margin	0.40%	0.48%	0.78%	1.81%	0.34%	1.13%
Free Cash Flow Margin	0.84%	-1.67%	0.67%	1.98%	-0.39%	2.84%
EBITDA	377.87	381.91	351.23	488.01	244.33	294.6
EBITDA Margin	2.09%	2.23%	2.13%	2.58%	1.84%	3.54%
D&A For EBITDA	143.45	139.69	110.09	104.8	102.24	100.14
EBIT	234.42	242.22	241.14	383.22	142.09	194.47
EBIT Margin	1.29%	1.41%	1.46%	2.03%	1.07%	2.34%
Effective Tax Rate	0.84%	4.10%	5.07%	4.44%	2.15%	-

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q