Global Partners (GLP) Asset Utilization Ratio (2011 - 2026)
Global Partners (GLP) reported Asset Utilization Ratio of 4.01 for Q1 2026, down 36.4% year-over-year from 6.3 in Q1 2025, and down 18.49% quarter-over-quarter from 4.92 in Q4 2025.
Global Partners (GLP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Global Partners (GLP) has 16 years of Asset Utilization Ratio data on file, last reported at 4.01 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 4.01, down 36.4% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.01 (down 36.4% YoY), and the FY2025 annual result was 4.86, up 2.41% from the prior year.
- Asset Utilization Ratio eased to 4.01 in Q1 2026 per GLP's latest filing, from 4.92 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 6.54 in Q3 2025 and troughed at 2.49 in Q3 2023.
- A 5-year average of 4.69 and a median of 4.59 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 94.78% in 2022, then plunged 59.79% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 4.72 in 2022, then fell by 22.67% to 3.65 in 2023, then jumped by 58.74% to 5.79 in 2024, then slipped by 15.09% to 4.92 in 2025, then retreated by 18.49% to 4.01 in 2026.
- Business Quant data shows GLP's Asset Utilization Ratio at 4.01 in Q1 2026, 4.92 in Q4 2025, and 6.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.65 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.24 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.49 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.21 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.63 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.52 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 4.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.01 |
| Dec 31, 2025 | 4.92 |
| Sep 30, 2025 | 6.54 |
| Jun 30, 2025 | 6.36 |
| Mar 31, 2025 | 6.30 |
| Dec 31, 2024 | 5.79 |
| Sep 30, 2024 | 4.12 |
| Jun 30, 2024 | 3.79 |
| Mar 31, 2024 | 3.39 |
| Dec 31, 2023 | 3.65 |
| Sep 30, 2023 | 2.49 |
| Jun 30, 2023 | 3.17 |
| Mar 31, 2023 | 4.04 |
| Dec 31, 2022 | 4.72 |
| Sep 30, 2022 | 6.20 |
| Jun 30, 2022 | 5.60 |
| Mar 31, 2022 | 4.59 |
| Dec 31, 2021 | 4.28 |
| Sep 30, 2021 | 3.67 |
| Jun 30, 2021 | 2.87 |