GLP
Global Partners LP
GLP's fundamentals are strong and it looks cheap: trading at 7.9x earnings, below its usual 12x. Analysts expect earnings growth.
GLP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Unavailable |
GLP's revenue and profitability are currently healthy, and its cash flow is stable. There isn't enough data to rate its balance sheet.
GLP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5x | $27.49 | -37% |
| Current | 7.9x | $43.47 | — |
| Forward | 11x | $43.47 | — |
| Fair | 12x | $67.29 | +55% |
| Expensive | 21x | $114 | +163% |
Historical ranges are pointers, not guarantees.
GLP's PE is in its cheap range at 7.9x. On analysts' estimates for next year's earnings, today's price would be 11x, in its fair range.
GLP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for GLP, with profitability holding steady.
GLP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.00 | -27% |
| Q3 2026 | $5.51 | +165% |
| Q2 2026 | $4.91 | +90% |
| Q1 2026 | $3.60 | +15% |
| Q4 2025 | $2.11 | -12% |
| Q3 2025 | $2.08 | -37% |
| Q2 2025 | $2.59 | -5.5% |
| Q1 2025 | $3.14 | +17% |
| Q4 2024 | $2.41 | -36% |
GLP's earnings per share have fallen from their peak: $5.51 over the past year, against $10.02 in late 2022.
GLP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.7B | +42% |
| Q2 2026 | $6.8B | +47% |
| Q1 2026 | $5.3B | +16% |
| Q4 2025 | $4.6B | +11% |
| Q3 2025 | $4.7B | +6.2% |
| Q2 2025 | $4.6B | +4.9% |
| Q1 2025 | $4.6B | +11% |
| Q4 2024 | $4.2B | -5.1% |
GLP's revenue has grown year over year for seven quarters in a row: $6.7B last quarter, up 42% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.3% | -0.1 points |
| Q2 2026 | 1.6% | +0.3 points |
| Q1 2026 | 2% | +0.8 points |
| Q4 2025 | 1.2% | -0.2 points |
| Q3 2025 | 1.3% | -0.6 points |
| Q2 2025 | 1.3% | -0.6 points |
| Q1 2025 | 1.2% | +0.6 points |
| Q4 2024 | 1.4% | -0.5 points |
GLP's operating margin was 1.3% last quarter, about level with the same quarter a year ago.
GLP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $137.9M | +$138.6M |
| Q2 2026 | $274.4M | +36% |
| Q1 2026 | -$136.6M | -$67.1M |
| Q4 2025 | $62.2M | +204% |
| Q3 2025 | -$678K | -101% |
| Q2 2025 | $201.3M | +2203% |
| Q1 2025 | -$69.5M | +$129.8M |
| Q4 2024 | $20.4M | -85% |
GLP generated $338M in free cash flow over the past year, up 123% from the year before.
GLP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | 0% | -- |
| Available history | 0% | -- |
GLP has 34M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.3M |
| Q4 2025 | $2.6M |
| Q3 2025 | $3.8M |
| Q2 2025 | $3M |
| Q1 2025 | $532,000 |
| Q4 2024 | $3M |
| Q3 2024 | $3.3M |
| Q4 2023 | $2.8M |
GLP Net Leverage
GLP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.3 | Neutral |
| Stochastic | 22.8 | Neutral |
GLP's weekly RSI is 37 (neutral) and its Stochastic is 23 (neutral).
GLP PE vs Energy Sector
| Metric | GLP | Sector median | Relative |
|---|---|---|---|
| PE | 7.9x | 13x | 40% below |
| PE % | 27 | 61 | 34 pts below |
GLP is trading at 7.9x earnings, a 40% discount to the Energy sector's median of 13x.
GLP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $47.2 | 8% below |
| 20 week MA | $48.8 | 11% below |
| 50 week MA | $47.2 | 7.9% below |
| 100 week MA | $48.9 | 11% below |
| 200 week MA | $44.1 | 1.5% below |
GLP is in a downtrend: it's below all five of its weekly moving averages, and 1.5% below its 200-week average.
GLP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.4 | $16.9 | -17% |
| 2021 | $16.9 | $22.5 | +33% |
| 2022 | $22.5 | $35.9 | +59% |
| 2023 | $35.9 | $42.3 | +18% |
| 2024 | $42.3 | $48.1 | +14% |
| 2025 | $48.1 | $42.6 | -11% |
| 2026 YTD | $42.6 | $43.5 | +2.1% |
GLP has finished higher in four of the last six years. It's up 2.1% so far in 2026.