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
DateValue
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