Global Partners (GLP) Asset Utilization Ratio (2011 - 2026)
Global Partners' (GLP) quarterly Asset Utilization Ratio came in at 4.01 in Q1 2026, down 36.4% year-on-year from 6.3 in Q1 2025, and down 18.49% sequentially from 4.92 in Q4 2025.
Global Partners (GLP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Global Partners' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 4.01 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 36.4% year-over-year to 4.01; the TTM figure through Mar 2026 stood at 4.01 (down 36.4% YoY), while the FY2025 annual figure was 4.86, up 2.41% from the prior year.
- Asset Utilization Ratio came in at 4.01 for Q1 2026 at Global Partners, down 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.
- The 5-year median for Asset Utilization Ratio is 4.59 (2022), against an average of 4.69.
- The widest annual swing landed in 2022, when Asset Utilization Ratio surged 94.78%; it then sank 59.79% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 4.72 in 2022, then retreated by 22.67% to 3.65 in 2023, then surged by 58.74% to 5.79 in 2024, then dropped by 15.09% to 4.92 in 2025, then decreased by 18.49% to 4.01 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.31 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.24 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.65 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.49 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.63 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.21 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.52 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.66 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.28 |
| 10 | Global Partners | 1.58 Bn | 1.52 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 |