Financials Global Partners LP

Equities

GLP

US37946R1095

Oil & Gas Refining and Marketing

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
47.22 USD -0.23% Intraday chart for Global Partners LP +2.43% +11.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 682.7 564.5 797 1,180 1,437 1,600 -
Enterprise Value (EV) 1 682.7 564.5 797 1,180 1,437 1,600 1,600
P/E ratio 24.9 x 6.07 x 17.9 x 3.47 x 11.3 x 13.4 x 10.6 x
Yield 10.3% 11.4% 9.96% 7.08% 6.42% 6.14% 6.36%
Capitalization / Revenue 0.05 x 0.07 x 0.06 x 0.06 x 0.09 x 0.07 x 0.06 x
EV / Revenue 0.05 x 0.07 x 0.06 x 0.06 x 0.09 x 0.07 x 0.06 x
EV / EBITDA 2.92 x 1.96 x 3.26 x 2.43 x 4.03 x 4.17 x 3.89 x
EV / FCF 59.2 x 2.39 x -15.5 x 3.16 x 3.6 x 13.3 x 13.3 x
FCF Yield 1.69% 41.8% -6.46% 31.6% 27.8% 7.49% 7.55%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 33,866 33,966 33,931 33,948 33,965 33,882 -
Reference price 2 20.16 16.62 23.49 34.77 42.31 47.22 47.22
Announcement Date 3/6/20 3/5/21 2/28/22 2/27/23 2/28/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 13,082 8,322 13,248 18,878 16,492 23,027 26,158
EBITDA 1 233.7 287.7 244.3 485.2 356.3 383.8 411.8
EBIT 1 139.2 192.3 142.2 460.3 243.8 270 308.3
Operating Margin 1.06% 2.31% 1.07% 2.44% 1.48% 1.17% 1.18%
Earnings before Tax (EBT) 1 36.27 101.6 62.13 379 160.6 156.4 195.6
Net income 1 27.76 94.08 45.01 341.2 128 149.8 173.5
Net margin 0.21% 1.13% 0.34% 1.81% 0.78% 0.65% 0.66%
EPS 2 0.8100 2.740 1.310 10.02 3.760 3.530 4.460
Free Cash Flow 1 11.54 236.2 -51.5 373.2 399.1 119.9 120.7
FCF margin 0.09% 2.84% -0.39% 1.98% 2.42% 0.52% 0.46%
FCF Conversion (EBITDA) 4.94% 82.09% - 76.91% 112.03% 31.23% 29.32%
FCF Conversion (Net income) 41.56% 251.05% - 109.37% 311.72% 80.01% 69.58%
Dividend per Share 2 2.070 1.902 2.340 2.460 2.715 2.900 3.005
Announcement Date 3/6/20 3/5/21 2/28/22 2/27/23 2/28/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,324 4,092 4,501 5,324 4,627 4,427 4,030 3,832 4,221 4,409 5,221 5,325 5,664 6,817 6,692
EBITDA 1 79.18 66.04 74.93 134.9 168.5 106.9 76.02 91.57 77.73 112.1 64.56 91.58 102.5 125.2 98.35
EBIT 1 53.68 39.61 53.14 186.8 141.3 79.04 51.5 62.68 47.98 81.61 37.83 66.75 85.82 79.63 70.54
Operating Margin 1.62% 0.97% 1.18% 3.51% 3.05% 1.79% 1.28% 1.64% 1.14% 1.85% 0.72% 1.25% 1.52% 1.17% 1.05%
Earnings before Tax (EBT) 1 34.02 19.86 31.66 165.8 122.2 59.36 29.43 42.08 28.07 61.06 10.92 37.47 56.94 51.1 42.1
Net income 1 29.18 14.85 25.84 157.2 105.9 52.24 23.79 35.59 20.54 48.13 15.1 33.2 42.99 64.42 32.13
Net margin 0.88% 0.36% 0.57% 2.95% 2.29% 1.18% 0.59% 0.93% 0.49% 1.09% 0.29% 0.62% 0.76% 0.94% 0.48%
EPS 2 0.8600 0.4400 0.7600 4.610 3.120 1.540 0.7000 1.050 0.6000 1.410 0.1000 0.8400 1.380 1.200 0.9400
Dividend per Share 2 0.5750 0.5850 0.5950 0.6050 0.6250 0.6350 0.6550 0.6750 0.6850 0.7000 0.7100 0.7200 0.7300 0.7400 0.7450
Announcement Date 11/5/21 2/28/22 5/6/22 8/5/22 11/4/22 2/27/23 5/5/23 8/4/23 11/9/23 2/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 11.5 236 -51.5 373 399 120 121
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 82.9 76.3 - - - - -
Capex / Sales 0.63% 0.92% - - - - -
Announcement Date 3/6/20 3/5/21 2/28/22 2/27/23 2/28/24 - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
47.22 USD
Average target price
50 USD
Spread / Average Target
+5.89%
Consensus
  1. Stock Market
  2. Equities
  3. GLP Stock
  4. Financials Global Partners LP