GLP vs MUSA vs BWLP Stock Comparison

Global Partners, Murphy USA and Bw Lpg Prices as of Oct 29, 2026 Peers: Industry group
GLP Global Partners Lp
$47.98 +3.2% 1M +4.9% 1Y
Market cap
$1.61B
P/E
9.2x
Revenue (TTM)
$21.46B
Div. yield
0.08%
Fuel Distribution Energy
4 wins
MUSA Murphy USA Inc.
$540.50 +6.5% 1M +37.8% 1Y
Market cap
$9.88B
P/E
14.9x
Revenue (TTM)
$23.26B
Div. yield
–
Convenience Stores Consumer Staples
1 win
BWLP BW LPG Ltd
$25.88 +4.9% 1M +92.0% 1Y
Market cap
$3.78B
P/E
13.3x
Revenue (TTM)
$2.61B
Div. yield
–
Fuel Distribution Energy
6 wins

Head to Head

11 decided of 12

Bw Lpg leads on 6 of the 12 questions below (Bw Lpg 6, Global Partners 4, Murphy USA 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGLPMUSABWLPLeader
Larger companyMarket capitalisation $1.61B $9.88B $3.78B MUSA
Cheaper on earningsLower P/E, profitable companies only 9.2x 14.9x 13.3x GLP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.7x 15.2x 5.7x BWLP
Faster revenue growthRevenue growth, trailing twelve months +20.4% +20.2% -2.5% GLP
More profitableNet margin, trailing twelve months 0.8% — 10.9% BWLP
Better return on capitalReturn on invested capital 14.9% — 13.0% GLP
Less leveragedLower net debt / EBITDA 2.6x — 0.8x BWLP
Higher dividend yieldTrailing dividend yield 0.08% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +4.9% +37.8% +92.0% BWLP
Better 5-year returnAnnualised price return, 5 years +15.5%/yr +27.1%/yr +37.1%/yr BWLP
Less volatileAnnualised volatility, 1 year 30.2% 39.9% 39.2% GLP
Higher overall scoreMean of the five percentile scores vs peers 47/100 50/100 58/100 BWLP

Percentile Scorecard

GLPMUSABWLP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGLPMUSABWLP
Valuation 55 #11 of 23 54 #19 of 40 32 #16 of 23
Growth 50 #10 of 19 78 #9 of 38 0 #19 of 19
Profitability 6 #17 of 18 94 #3 of 36 77 #5 of 18
Financial Health 35 #16 of 24 13 #35 of 40 83 #5 of 24
Shareholder Returns 88 #3 of 18 11 #25 of 28 100 #1 of 18
Overall 47 50 58
  • GLP ranked among 25 companies in Refining and Marketing
  • MUSA ranked among 41 companies in Staples Retail
  • BWLP ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGLPMUSABWLPSPY
1 month +3.2%+6.5%+4.9% +0.7%
3 months -2.0%-12.4%+15.4% +3.7%
6 months -0.5%-8.1%+29.8% +7.1%
Year to date +14.6%+33.9%+97.6% +12.8%
1 year +4.9%+37.8%+92.0% +11.9%
3 years +56.1%+49.7%+88.4% +85.2%
3 years, per year +16.0%+14.4%+23.5% +22.8%
5 years +105.6%+231.7%+384.6% +67.6%
5 years, per year +15.5%+27.1%+37.1% +10.9%
10 years +198.0%+681.0%+721.6% +262.0%
10 years, per year +11.5%+22.8%+23.4% +13.7%

Risk

MeasureGLPMUSABWLPSPY
Volatility, 1Y 30.2%39.9%39.2% 12.7%
Downside volatility, 1Y 30.1%40.5%41.0% 12.6%
Beta vs S&P 500, 1Y 0.12-0.690.37 1.00
Return / volatility, 1Y 0.160.952.35 0.94
Max drawdown, 5Y -33.9%-35.8%-61.2% -25.4%
From 52-week high -11.1%-13.3%-1.6% -1.2%
52-week high $54.00$623.43$26.31 $779.14
52-week low $39.58$356.57$11.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGLPMUSABWLP
P/E now vs peer median 9.3xmedian 8.8x 15.0xmedian 22.1x 13.8xmedian 8.8x
P/S now vs peer median 0.1xmedian 0.2x 0.4xmedian 0.5x 1.5xmedian 0.2x
EV/EBITDA now vs peer median 6.0xmedian 7.0x —median 9.5x 7.1xmedian 7.0x
P/FCF now vs peer median 8.2xmedian 7.5x 17.2xmedian 16.0x 5.4xmedian 7.5x
P/B now vs peer median 2.2xmedian 1.7x 12.5xmedian 2.8x 1.9xmedian 1.7x
PEG now vs peer median -1.02median 0.34 1.07median 1.07 —median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGLPMUSABWLP
Revenue $21.46B $23.26B $2.61B
Gross profit $1.20B – –
Operating income $331.81M $980.10M $360.05M
Net income $195.20M $663.30M $504.96M
Free cash flow $199.43M – $721.10M
EPS (diluted) $5.11 $35.75 $1.87
Cash & equivalents $23.91M $161.80M $303.86M
Total debt $1.31B – $3.13B
Shares (diluted) 34.12M 18.55M 151.90M
Enterprise value $1.44B $9.88B $2.77B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGLPMUSABWLP
P/E 9.3x 15.0x 13.8x
P/FCF 8.2x 17.2x 5.4x
P/Operating cash flow 5.0x 8.6x 10.5x
P/S 0.1x 0.4x 1.5x
P/B 2.2x 12.5x 1.9x
P/Tangible book 2.2x 15.2x 1.9x
EV/EBITDA 6.0x – 7.1x
EV/EBIT 8.7x – 12.3x
EV/Revenue 0.1x 0.4x 1.7x
EV/FCF 14.5x – 6.1x
EV/Operating cash flow 8.9x 8.6x 11.9x
PEG (3Y EPS CAGR) -1.02 1.07 –

Growth

14 metrics
MetricGLPMUSABWLP
Revenue growth (1Y) 20.4% 20.2% -2.5%
Revenue CAGR (3Y) 8.2% 2.1% –
Gross profit growth (1Y) 10.4% – –
Gross profit CAGR (3Y) 3.6% – –
Operating income growth (1Y) 28.9% 38.4% 11.0%
Operating income CAGR (3Y) -0.3% 7.8% –
Net income growth (1Y) 71.7% 40.8% 86.9%
Net income CAGR (3Y) -6.6% 8.1% –
EPS growth (1Y) 80.9% 45.9% -68.3%
EPS CAGR (3Y) -9.1% 14.1% –
Operating cash flow growth (1Y) -8.4% 40.6% -32.7%
Operating cash flow CAGR (3Y) -1.6% 16.1% –
Free cash flow growth (1Y) -20.4% – -37.3%
Free cash flow CAGR (3Y) -5.9% – –

Profitability

14 metrics
MetricGLPMUSABWLP
Gross margin 5.6% – –
EBITDA margin 2.2% – 24.0%
Operating margin 1.5% – 13.8%
Pretax margin 0.9% – 13.1%
Net margin 0.8% – 10.9%
FCF margin 0.9% – 27.6%
Operating cash flow margin 1.5% 4.9% 14.2%
Return on equity 26.7% 84.1% 24.8%
Return on assets 4.7% 12.9% 15.0%
Return on invested capital 14.9% – 13.0%
Return on capital employed 11.2% – 13.4%
Asset turnover 5.1x 4.5x 0.8x
Cash conversion (OCF / net income) 1.7x 1.7x 0.7x
Stock comp / revenue 0.1% – 0.0%

Financial Health

11 metrics
MetricGLPMUSABWLP
Debt / assets 32.5% – 24.0%
Debt / equity 1.7x – 0.4x
Net debt / EBITDA 2.6x – 0.8x
Debt / FCF 6.6x – 1.1x
Liabilities / assets 81.4% 84.7% 39.4%
Equity / assets 18.6% 15.3% 60.6%
Interest coverage – – 3.8x
Current ratio 1.2x 0.9x 1.4x
Quick ratio 0.6x – 1.1x
Cash ratio 0.0x – 0.5x
Altman Z-score – – 3.27

Shareholder Returns

7 metrics
MetricGLPMUSABWLP
Dividend yield 6.4% 0.5% 80.8%
Net buyback yield – – –
Shareholder yield 6.4% 0.5% 80.8%
Payout ratio (earnings) 66.3% – –
Payout ratio (FCF) 64.9% – –
Dividend growth (1Y) 5.3% – –
Dividend CAGR (3Y) -2.1% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGLPMUSABWLP
Forward P/E 7.7xFY2026 15.2xFY2026 5.7xFY2026
EPS, next fiscal year $6.20FY2026 $35.60FY2026 $4.57FY2026
EPS growth, next FY +193.8%FY2026 +43.0%FY2026 +290.6%FY2026
EPS growth, the year after -41.6% -7.9% -59.3%
Revenue, next fiscal year $26.25BFY2026 $22.85BFY2026 $1.20BFY2026
Revenue growth, next FY +41.4%FY2026 +17.9%FY2026 +69.7%FY2026
Revenue growth, the year after +37.7% -5.8% -31.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGLPMUSABWLP
Held by institutions 49.8% 83.0% –
Institutions holding 115 607 –
Change in shares held, QoQ +1.7% -2.2% –
Institutions buying 60 311 –
Institutions selling 17 190 –
Buyers to sellers 3.53 1.64 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GLPMUSABWLP
GLP 1.00 0.20 0.23
MUSA 0.20 1.00 0.12
BWLP 0.23 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GLP, MUSA and BWLP?

Murphy USA (MUSA) is the largest by market capitalisation: Global Partners (GLP) $1.61B, Murphy USA (MUSA) $9.88B, Bw Lpg (BWLP) $3.78B.

Which stock is cheaper, GLP, MUSA and BWLP?

Global Partners (GLP) trades on the lowest price-to-earnings ratio (Global Partners (GLP) 9.2x, Murphy USA (MUSA) 14.9x, Bw Lpg (BWLP) 13.3x). On next year's consensus earnings, Bw Lpg (BWLP) is cheapest (Global Partners (GLP) 7.7x, Murphy USA (MUSA) 15.2x, Bw Lpg (BWLP) 5.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Global Partners (GLP) grew revenue fastest over the trailing twelve months: Global Partners (GLP) +20.4%, Murphy USA (MUSA) +20.2%, Bw Lpg (BWLP) -2.5%.

Which company is more profitable?

Bw Lpg (BWLP) has the highest net margin (Global Partners (GLP) 0.8%, Bw Lpg (BWLP) 10.9%). On return on invested capital, Global Partners (GLP) leads (Global Partners (GLP) 14.9%, Bw Lpg (BWLP) 13.0%).

Which stock has performed better?

Over the past year Bw Lpg (BWLP) returned the most: Global Partners (GLP) +4.9%, Murphy USA (MUSA) +37.8%, Bw Lpg (BWLP) +92.0%. Over five years, Bw Lpg (BWLP) compounded fastest (Global Partners (GLP) +15.5%/yr, Murphy USA (MUSA) +27.1%/yr, Bw Lpg (BWLP) +37.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Global Partners (GLP) 0.08%, Murphy USA (MUSA) 0.00%, Bw Lpg (BWLP) 0.00%. Murphy USA (MUSA) and Bw Lpg (BWLP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Global Partners (GLP) has been the steadiest (Global Partners (GLP) 30.2%, Murphy USA (MUSA) 39.9%, Bw Lpg (BWLP) 39.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GLP, MUSA and BWLP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bw Lpg (BWLP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.