Global Partners (GLP) Asset Utilization Ratio (2011 - 2026)
Global Partners (GLP) posted quarterly Asset Utilization Ratio of 1.71 for Q1 2026, up 41.99% year-over-year from 1.21 in Q1 2025, and up 68.23% quarter-over-quarter from 1.02 in Q4 2025.
Global Partners (GLP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Global Partners (GLP) has reported Asset Utilization Ratio for 16 consecutive years, with 1.71 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 41.99% year-over-year to 1.71; the TTM figure through Mar 2026 stood at 1.71 (up 41.99% YoY), while the FY2025 annual figure was 2.28, down 5.01% from the prior year.
- Asset Utilization Ratio advanced to 1.71 in Q1 2026 per GLP's latest filing, from 1.02 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 4.22 in Q3 2022 and bottomed at 1.02 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 2.72 across 5 years, with a median of 3.1 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 50.48% — and 2025, when it plunged 63.98%.
- Global Partners' Asset Utilization Ratio stood at 2.79 in 2022, then advanced by 26.66% to 3.53 in 2023, then plunged by 50.11% to 1.76 in 2024, then tumbled by 42.15% to 1.02 in 2025, then surged by 68.23% to 1.71 in 2026.
- Business Quant data shows GLP's Asset Utilization Ratio at 1.71 in Q1 2026, 1.02 in Q4 2025, and 1.27 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.58 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.45 |
| 10 | Global Partners | 1.75 Bn | 1.70 Bn | 328.94 Mn | 5.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.15 |
| Mar 31, 2026 | 1.71 |
| Dec 31, 2025 | 1.02 |
| Sep 30, 2025 | 1.27 |
| Jun 30, 2025 | 1.82 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 1.76 |
| Sep 30, 2024 | 3.51 |
| Jun 30, 2024 | 3.17 |
| Mar 31, 2024 | 3.35 |
| Dec 31, 2023 | 3.53 |
| Sep 30, 2023 | 3.06 |
| Jun 30, 2023 | 3.10 |
| Mar 31, 2023 | 3.28 |
| Dec 31, 2022 | 2.79 |
| Sep 30, 2022 | 4.22 |
| Jun 30, 2022 | 3.86 |
| Mar 31, 2022 | 3.51 |
| Dec 31, 2021 | 3.43 |
| Sep 30, 2021 | 2.80 |