Global Partners (GLP) Dividend Coverage Ratio (2010 - 2026)
Global Partners' (GLP) Dividend Coverage Ratio stood at 1.98 in Q2 2026, up 203.3% from 0.65 a year earlier but down 0.7% from the prior quarter.
Global Partners (GLP) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Global Partners' Dividend Coverage Ratio came in at 1.35 as of Jun 30, 2026, up 71.9% year-over-year; for FY2025, it was 0.63, down 17.6% from FY2024.
- Annual Dividend Coverage Ratio has declined for three straight years.
- Across earlier years, Dividend Coverage Ratio came in at 0.76 in FY2024 (-22.9%), 0.99 in FY2023 (-72.1%), 3.53 in FY2022 (+467.9%) and 0.62 in FY2021 (-52.8%).
- Quarterly Dividend Coverage Ratio has ranged from -0.28 in Q1 2024 to 6.48 in Q2 2022 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last seven quarters, with growth averaging 63.1%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 555.5% in Q4 2021, against a decline of 80.5% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.99 (Q1 2026), 0.63 (Q4 2025) and 0.76 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 112.13 Bn | 92.34 Bn | 5.47 Bn | 10.48 |
| 2 | Marathon Petroleum | 109.39 Bn | 99.79 Bn | 9.27 Bn | 17.72 |
| 3 | HF Sinclair | 18.88 Bn | 13.11 Bn | 1.57 Bn | 10.02 |
| 4 | Sunoco | 10.20 Bn | 4.58 Bn | 1.46 Bn | 1.35 |
| 5 | PBF Energy | 8.88 Bn | 6.58 Bn | 1.15 Bn | 28.33 |
| 6 | Ultrapar Holdings | 7.63 Bn | 1.41 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.10 Bn | 2.89 Bn | 117.00 Mn | - |
| 8 | Icahn Enterprises | 4.88 Bn | -880.12 Mn | - | - |
| 9 | Delek US Holdings | 4.13 Bn | 1.86 Bn | 365.10 Mn | - |
| 10 | Global Partners | 1.60 Bn | 1.43 Bn | 328.94 Mn | 1.98 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 |
| Mar 31, 2026 | 1.99 |
| Dec 31, 2025 | 0.63 |
| Sep 30, 2025 | 0.76 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 1.40 |
| Jun 30, 2024 | 1.29 |
| Mar 31, 2024 | -0.28 |
| Dec 31, 2023 | 1.75 |
| Sep 30, 2023 | 0.85 |
| Jun 30, 2023 | 1.42 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 2.13 |
| Sep 30, 2022 | 4.34 |
| Jun 30, 2022 | 6.48 |
| Mar 31, 2022 | 1.20 |
| Dec 31, 2021 | 0.77 |
| Sep 30, 2021 | 1.37 |
Global Partners Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GLP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "GLP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();