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
DateValue
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