Global Partners (GLP) Debt Ratio (2012 - 2026)
Global Partners (GLP) posted quarterly Debt Ratio of 0.36 for Q1 2026, down 5.34% year-over-year from 0.38 in Q1 2025, and up 1.31% quarter-over-quarter from 0.35 in Q4 2025.
Global Partners (GLP) Debt Ratio (2012 - 2026) Analysis & Trends
Global Partners (GLP) has reported Debt Ratio for 15 consecutive years, with 0.36 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 5.34% year-over-year to 0.36; the TTM figure through Mar 2026 stood at 0.36 (down 5.34% YoY), while the FY2025 annual figure was 0.35, up 1.56% from the prior year.
- Debt Ratio rose to 0.36 in Q1 2026 per GLP's latest filing, from 0.35 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.41 in Q1 2024 and bottomed at 0.22 in Q4 2023.
- Historically, Debt Ratio has averaged 0.33 across 5 years, with a median of 0.35 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio decreased 22.11% — and 2024, when it surged 57.64%.
- Global Partners' Debt Ratio stood at 0.28 in 2022, then dropped by 22.11% to 0.22 in 2023, then soared by 57.64% to 0.35 in 2024, then rose by 1.56% to 0.35 in 2025, then gained by 1.31% to 0.36 in 2026.
- Business Quant data shows GLP's Debt Ratio at 0.36 in Q1 2026, 0.35 in Q4 2025, and 0.37 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.44 |
| 2 | Enbridge | 111.12 Bn | 109.63 Bn | 5.23 Bn | 0.48 |
| 3 | Enterprise Products Partners | 83.36 Bn | 82.46 Bn | - | 0.41 |
| 4 | Energy Transfer | 72.52 Bn | 71.49 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 66.11 Bn | 58.56 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.14 Bn | 59.11 Bn | 2.73 Bn | 0.60 |
| 7 | Oneok | 60.04 Bn | 59.88 Bn | 2.81 Bn | 0.48 |
| 8 | Targa Resources | 59.20 Bn | 59.07 Bn | 2.14 Bn | 0.69 |
| 9 | Cheniere Energy | 56.11 Bn | 54.85 Bn | 5.29 Bn | 0.50 |
| 10 | Global Partners | 1.74 Bn | 1.70 Bn | 328.94 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.31 |