Global Partners LP
Research Global Partners LP (GLP) on Bullrun: valuation model: 14.1% undervalued, market cap USD 1.69B, P/E 10.1, dividend yield 6.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerGLP
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal14.1% undervalued
- Market capUSD 1.69B
- P/E10.1
- Dividend yield6.1%
- Financial periodQ2 2026
- RevenueUSD 6.79B
- Net incomeUSD 70.99M
- Free cash flowUSD 274.43M
- Gross margin4.8%
Valuation Snapshot
Bullrun's latest valuation model marks Global Partners LP as 14.1% undervalued; latest market cap is USD 1.69B; P/E is 10.1; dividend yield is 6.1%.
Peer valuation comparison
Latest P/E is 10.14x versus a Energy sector median of 14.75x (31.2% below).
Latest dividend yield is 6.07% versus a Energy sector median of 3.8% (59.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 8.71B | USD 97.98M | USD 193.34M | 12.2% | 2.11 | USD 12.24M | USD 2.08B | USD 0 |
| FY2024 | USD 8.69B | USD 110.33M | -USD 71.70M | 12.2% | 2.42 | USD 8.21M | USD 2.03B | USD 0 |
| FY2023 | USD 9.75B | USD 152.51M | USD 423.59M | 10.0% | 6.11 | USD 19.64M | USD 1.54B | USD 0 |
| FY2022 | USD 11.15B | USD 362.21M | USD 373.20M | 9.8% | n/a | USD 4.04M | USD 1.37B | USD 0 |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.69B | 10.1 | 6.2% | 3.06 |
| 2025 | 2025-12-31 | USD 1.41B | 19.8 | 7.2% | 3 |
| 2024 | 2024-12-31 | USD 1.57B | 19.3 | 6.1% | 2.86 |
| 2023 | 2023-12-29 | USD 1.44B | 10.9 | 8.5% | 3.6 |
| 2022 | 2022-12-30 | USD 1.18B | 3.9 | 7.0% | 2.43 |
| 2021 | 2021-12-31 | USD 797.56M | 17.7 | 9.7% | 2.29 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.06 USD, yield 6.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3 USD |
| FY2024 | 2.86 USD |
| FY2023 | 3.6 USD |
| FY2022 | 2.43 USD |
About Global Partners LP
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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial.
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Frequently asked questions
Is Global Partners LP overvalued or undervalued?
Bullrun's valuation model currently marks Global Partners LP as 14.1% undervalued.
What is Global Partners LP's market cap?
Global Partners LP's market capitalization is USD 1.69B.
What is Global Partners LP's P/E ratio?
Global Partners LP's price-to-earnings (P/E) ratio is 10.1.
Does Global Partners LP pay a dividend?
Global Partners LP has a dividend yield of 6.1%.
What does Global Partners LP do?
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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors.