Global Partners (GLP) Debt Ratio (2010 - 2026)
Global Partners (GLP) reported Debt Ratio of 0.31 for Q1 2026, down 16.98% year-over-year from 0.38 in Q1 2025, and down 2.42% quarter-over-quarter from 0.32 in Q4 2025.
Global Partners (GLP) Debt Ratio (2010 - 2026) Analysis & Trends
Global Partners (GLP) has 17 years of Debt Ratio data on file, last reported at 0.31 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.31, down 16.98% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.31 (down 16.98% YoY), and the FY2025 annual result was 0.32, down 7.53% from the prior year.
- Debt Ratio fell to 0.31 in Q1 2026 per GLP's latest filing, from 0.32 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.38 in Q3 2024 and troughed at 0.22 in Q4 2023.
- A 5-year average of 0.31 and a median of 0.31 in 2026 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio decreased 22.11% in 2023, then surged 57.64% in 2024.
- A 5-year view of Debt Ratio shows it stood at 0.28 in 2022, then slipped by 22.11% to 0.22 in 2023, then surged by 57.64% to 0.35 in 2024, then dropped by 7.53% to 0.32 in 2025, then slipped by 2.42% to 0.31 in 2026.
- Business Quant data shows GLP's Debt Ratio at 0.31 in Q1 2026, 0.32 in Q4 2025, and 0.34 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 0.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.28 |