Stocks · Energy · Oil & Gas Midstream

Global Partners LP GLP

$46.90 +0.80% Close, Oct 2, 2026 · NYSE · Market cap $1.59B

Strong growthInexpensive vs sector

Next earnings report: Nov 6, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $4.91, up 88.8% year over year.
  2. Net debt is 4.9× EBITDA, a high level of leverage.
  3. Revenue over the last four quarters was $21.46B, up 20.4% from a year earlier, accelerating from 9.5% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth93Exceptional

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 28%
  • EPS growth (TTM, YoY)Top 18%
  • FCF growth (TTM, YoY)Top 7%
  • Revenue growth, 3-year CAGRBottom 48%
  • Revenue growth accelerationTop 30%
Quality29Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 10%
  • Gross marginBottom 9%
  • Operating marginBottom 22%
  • Cash conversion (OCF / net income)Bottom 44%
  • Accruals (lower is better)Bottom 27%
  • Net debt / EBITDA (lower is better)Bottom 10%
  • Interest coverTop 26%
Value98Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 16%
  • Free-cash-flow yieldTop 13%
  • EBITDA / enterprise valueTop 45%
  • Sales / enterprise valueTop 1%
  • P/E vs own 5-year history (lower is better)Top 15%
Momentum46Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 32%
  • 6-month returnTop 27%
  • 1-year return vs S&P 500Bottom 30%
  • Distance from 52-week highTop 32%
  • Trend checklist (0–4)Bottom 45%
Revisions43Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 6%
  • Consecutive EPS beatsTop 31%
  • Share of analysts rating BuyBottom 19%
  • Upside to consensus price targetBottom 9%
Stability60Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 10%
  • Maximum drawdown, 3 yearsTop 28%
  • Beta vs S&P 500 (lower is better)Bottom 49%
  • Net debt / EBITDA (lower is better)Bottom 10%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.5%20.4%↑
EPS growth (YoY)14.3%88.8%↑
Gross margin5.3%5.9%↑
Operating margin1.4%2.5%↑
FCF margin0.2%0.9%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)20.4%9.5%↑Top 28%
EPS growth (TTM, YoY)88.8%14.3%↑Top 18%
Gross margin5.9%5.3%↑Bottom 9%
Operating margin2.5%1.4%↑Bottom 22%
Net margin0.8%0.6%↑—
Free-cash-flow margin0.9%0.2%↑—
Return on invested capital17.5%—Top 10%
Revenue growth, 3-year CAGR-0.6%—Bottom 48%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.88×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.8%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.1%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+4.9 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.88×
Interest cover (operating income / interest)How many times operating profit covers interest.
8.4×

Shareholder returns

Dividend yield (dividends paid, TTM)
8.12%
Net buyback yield (TTM)
1.26%
Shareholder yield
9.38%
Share count change, 1 year
+0.1%
Share count change, 3-year CAGR
+0.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
4 of 8
Average EPS surprise, last 4
+100.0%
Average 2-day reaction, last 8
-0.5%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$46.00
Target vs current price
-1.9%
Analysts with a rating
9
Share rating Buy or Strong Buy
33%
Consensus rating
Sell

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 7, 2026+50.0%+3.4%+2.7%+8.2%—
May 8, 2026+460.6%+2.1%+3.6%+2.8%+3.1%
Feb 27, 2026-10.0%-2.9%+0.3%-7.0%+2.6%
Nov 7, 2025-39.4%-5.3%-4.8%+0.7%+7.2%
Aug 7, 2025-8.3%+0.2%+1.6%+4.1%-9.6%
May 8, 2025+1300.0%-4.2%-1.6%+5.9%+3.9%
Feb 28, 2025+116.7%+1.5%-6.5%-4.4%-10.4%
Nov 8, 2024-25.5%+1.4%+3.4%+17.8%+21.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 7, 2026$1.86$1.24+50.0%$6.79B
May 8, 2026$1.85$0.33+460.6%$5.32B
Feb 27, 2026$0.54$0.60-10.0%$4.65B
Nov 7, 2025$0.66$1.09-39.4%$4.69B
Aug 7, 2025$0.55$0.60-8.3%$4.63B
May 8, 2025$0.36-$0.03+1300.0%$4.59B
Feb 28, 2025$0.52$0.24+116.7%$4.19B
Nov 8, 2024$1.17$1.57-25.5%$8.56B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)9.6×14.3×29thTop 16%
P/E (forward)8.0×———
EV / EBITDA8.8×——Top 45%
EV / Sales0.17×——Top 1%
Free-cash-flow yield12.52%——Top 13%
Earnings yield10.47%——Top 16%

P/E over the past five years

Range 3.1× – 29.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-1.8%
Earnings per share growth (TTM)
+88.8%
Change in P/E multiple
-47.1%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+1.5%
200-day average slope (20 days)
+1.3%
Distance from 50-day average
-6.1%
Distance from 200-day average
-1.1%
RSI (14)
35.1
Relative volume
0.38×

Risk and drawdowns

Volatility, 60 days (annualized)
21.9%
Volatility vs own 5-year history
2th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.45
Correlation with S&P 500
0.24
Current drawdown from 1-year high
-13.3%
Maximum drawdown, 3 years
-33.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Feb 20, 2025Jan 7, 2026-33.9%221 daysNot yet recovered
Jun 1, 2022Jun 16, 2022-31.8%11 days94 days (Oct 31, 2022)
Jun 11, 2021Aug 19, 2021-27.3%48 days114 days (Feb 1, 2022)
Feb 6, 2023Oct 3, 2023-26.4%165 days50 days (Dec 13, 2023)
Jun 10, 2024Aug 13, 2024-25.5%44 days68 days (Nov 18, 2024)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$1.59B
P/E (TTM)
9.6
EPS, diluted (TTM)
$4.91
Revenue (TTM)
$21.46B
Dividend yield
6.52%
52-week range
$39.58 – $54.29
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$13.25B$18.88B$16.49B$17.16B$18.56B
Gross profit$719.3M$1.10B$973.6M$1.06B$491.6M
Operating income$142.2M$460.3M$243.8M$251.2M$191.3M
Net income$60.8M$362.2M$152.5M$107.7M$79.2M
EPS (diluted)$1.77$10.02$3.76$2.41$2.11
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$4.42B$4.19B$4.59B$4.63B$4.69B$4.65B$5.32B$6.79B
Net income$45.9M$23.9M$18.7M$20.6M$24.2M$20.1M$64.7M$63.3M
EPS (diluted)$1.17$0.52$0.36$0.55$0.66$0.54$1.85$1.86
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$50.2M$480.0M$512.4M$31.6M$284.8M
Capital expenditure-$101.7M-$106.8M-$402.0M-$318.4M-$91.5M
Free cash flow-$51.5M$373.2M$110.4M-$286.8M$193.3M
Dividends paid-$91.9M-$100.5M-$144.7M-$121.6M-$126.6M
Net share buybacks$68.4M-$2.9M-$4.0M-$85.0M-$10.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$23.9M
Total assets
$4.02B
Total liabilities
$3.27B
Total debt
$2.01B
Net debt
$1.98B
Shareholders’ equity
$743.8M

As of Jun 30, 2026 (filed Aug 7, 2026).

Dividends

Ex-dateAmountPaid
Aug 10, 2026$0.78Aug 14, 2026
May 11, 2026$0.77May 15, 2026
Feb 9, 2026$0.76Feb 13, 2026
Nov 10, 2025$0.76Nov 14, 2025
Aug 8, 2025$0.75Aug 14, 2025
May 9, 2025$0.75May 15, 2025
Feb 10, 2025$0.74Feb 14, 2025
Nov 8, 2024$0.73Nov 14, 2024

Short interest

Shares sold short
240,592
Days to cover
3.67
Change vs previous report
+19.4%

FINRA short interest, settlement date Sep 15, 2026.