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XNYS
GLPpB
Market cap1.68bUSD
May 16, Last price  
25.62USD
1D
-0.23%
1Q
-1.21%
IPO
0.47%
Name

Global Partners LP

Chart & Performance

D1W1MN

Profile

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. The company's Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. As of December 31, 2021, the company had a portfolio of 1,595 owned, leased, and supplied gasoline stations, which included 295 directly operated convenience stores; and owned, leased, or maintained storage facilities at 26 bulk terminals with a collective storage capacity of 11.9 million barrels. Global GP LLC serves as the general partner of the company. The company was incorporated in 2005 and is based in Waltham, Massachusetts.
IPO date
Sep 29, 2005
Employees
2,860
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
17,163,566
4.07%
16,492,174
-12.64%
18,877,886
42.49%
Cost of revenue
16,105,670
15,978,342
17,780,237
Unusual Expense (Income)
NOPBT
1,057,896
513,832
1,097,649
NOPBT Margin
6.16%
3.12%
5.81%
Operating Taxes
4,609
8,136
16,822
Tax Rate
0.44%
1.58%
1.53%
NOPAT
1,053,287
505,696
1,080,827
Net income
107,693
-29.38%
152,506
-57.90%
362,207
495.77%
Dividends
(121,607)
(144,720)
(100,455)
Dividend yield
7.61%
10.05%
8.49%
Proceeds from repurchase of equity
(84,991)
(3,990)
(4,457)
BB yield
5.32%
0.28%
0.38%
Debt
Debt current
56,780
76,744
218,319
Long-term debt
1,762,248
1,860,024
1,651,356
Deferred revenue
Other long-term liabilities
554,193
132,252
121,334
Net debt
1,718,111
1,822,772
1,957,074
Cash flow
Cash from operating activities
31,600
512,441
479,996
CAPEX
(103,298)
(402,021)
(106,797)
Cash from investing activities
(276,871)
(492,380)
(236,193)
Cash from financing activities
233,837
(4,459)
(250,612)
FCF
727,831
374,855
1,067,056
Balance
Cash
8,208
19,642
4,040
Long term investments
92,709
94,354
(91,439)
Excess cash
Stockholders' equity
800,660
(43)
Invested Capital
2,781,309
2,557,371
2,298,394
ROIC
39.46%
20.83%
54.95%
ROCE
37.19%
20.23%
46.42%
EV
Common stock shares outstanding
34,339
34,039
34,044
Price
46.55
10.02%
42.31
21.69%
34.77
48.02%
Market cap
1,598,480
10.99%
1,440,190
21.67%
1,183,710
47.01%
EV
3,316,591
3,404,571
3,280,721
EBITDA
1,197,581
623,922
1,202,445
EV/EBITDA
2.77
5.46
2.73
Interest
134,773
85,631
81,259
Interest/NOPBT
12.74%
16.67%
7.40%