11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $8.7B | $98M | 12.2% | 2.7% | $193M | — | $12M |
| 2024 | $8.7B | $110M | 12.2% | 2.9% | -$72M | — | $8M |
| 2023 | $9.8B | $153M | 10.0% | 2.5% | $424M | — | $20M |
| 2022 | $11.1B | $362M | 9.8% | 4.1% | $373M | — | $4M |
| 2021 | $7.6B | $61M | 9.5% | 1.9% | -$51M | — | $11M |
| 2020 | $4.5B | $102M | 15.9% | 4.2% | $236M | — | $10M |
| 2019 | $6.6B | $36M | 10.1% | 2.1% | $12M | — | $12M |
| 2018 | $6.8B | $104M | 9.6% | 2.9% | $100M | — | $8M |
| 2017 | — | $59M | — | — | $299M | — | $15M |
| 2016 | — | -$199M | — | — | -$191M | — | $10M |
| 2015 | — | $44M | — | — | -$30M | — | $1M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2.4B | $70M | 13.9% | 4.4% | -$137M | — | $18M |
| Dec '25 | $2.2B | $25M | 11.9% | 2.6% | $62M | — | $12M |
| Sep '25 | $2.2B | $29M | 12.1% | 2.7% | -$678000 | — | $18M |
| Jun '25 | $2.1B | $25M | 13.1% | 2.9% | $201M | — | $16M |
| Mar '25 | $2.2B | $19M | 11.7% | 2.6% | -$69M | — | $7M |
| Dec '24 | $2.1B | $24M | 13.0% | 2.8% | $20M | — | $8M |
| Sep '24 | $2.1B | $46M | 13.4% | 3.9% | $98M | — | $21M |
| Jun '24 | $2.3B | $46M | 12.6% | 3.7% | $9M | — | $14M |
| Mar '24 | $2.2B | -$6M | 9.8% | 1.2% | -$199M | — | $73M |
| Dec '23 | $2.3B | $55M | 12.1% | 3.5% | $135M | — | $20M |
| Sep '23 | $2.8B | $27M | 8.1% | 1.7% | $80M | — | $11M |
| Jun '23 | $2.3B | $41M | 10.5% | 2.7% | $243M | — | $11M |
| Mar '23 | $2.3B | $29M | 9.6% | 2.2% | -$35M | — | $7M |
| Dec '22 | $2.6B | $57M | 10.7% | 3.0% | -$138M | — | $4M |
| Sep '22 | $2.7B | $111M | 12.1% | 5.2% | $168M | — | $15M |
| Jun '22 | $3.2B | $163M | 8.8% | 5.8% | $337M | — | $7M |
| Mar '22 | $2.6B | $30M | 7.9% | 2.0% | $6M | — | $11M |
| Dec '21 | $2.2B | $19M | 8.6% | 1.8% | -$85M | — | $11M |
| Sep '21 | $2.0B | $34M | 10.2% | 2.7% | $126M | — | $15M |
| Jun '21 | $1.8B | $12M | 9.8% | 1.8% | $31M | — | $6M |
How the market has priced GLP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, GLOBAL PARTNERS LP's revenue has grown 13.9% per year, and net income declined 0.8% per year. These are computed facts, not advice.
As of FY2025, GLOBAL PARTNERS LP reported — of total debt against $12M of cash.
In FY2025, gross margin was 12.2%, operating margin 2.7%, and net margin 1.1%.
As of Jun '26, GLOBAL PARTNERS LP traded at a price-to-earnings ratio of about 16.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.