Global Partners (GLP) Asset Utilization Ratio (2011 - 2026)
Global Partners' (GLP) quarterly Asset Utilization Ratio came in at 1.71 in Q1 2026, up 41.99% year-on-year from 1.21 in Q1 2025, and up 68.23% on a QoQ basis from 1.02 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 1.71 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 41.99% year-over-year to 1.71 in Q1 2026; TTM through Mar 2026 was 1.71, a 41.99% increase from a year earlier, with the FY2025 full-year figure at 2.28, down 5.01% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.71, up from 1.02 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for GLP reached as high as 4.22 in Q3 2022 and fell as low as 1.02 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 2.72 across 5 years, with a median of 3.1 in 2023.
- Across the five-year window, Asset Utilization Ratio surged 50.48% in 2022 and slumped 63.98% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 2.79 in 2022, then grew 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 jumped by 68.23% to 1.71 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.71 in Q1 2026, 1.02 in Q4 2025, and 1.27 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.13 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.24 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.65 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.63 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.52 |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 1.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.83 |