Global Partners (GLP) Gross Margin (2010 - 2026)

Global Partners' (GLP) quarterly Gross Margin came in at 6.24% in Q1 2026, down 550.0% year-on-year from 1.39% in Q1 2025, and up 223.38% on a QoQ basis from 5.06% in Q4 2025.

Global Partners (GLP) Gross Margin (2010 - 2026) Analysis & Trends

Global Partners (GLP) has 17 years of Gross Margin data on file, last reported at 6.24% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 550.0% year-over-year to 6.24% in Q1 2026; TTM through Mar 2026 was 16.29%, a 764.0% decrease from a year earlier, with the FY2025 full-year figure at 12.19%, up 1.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 6.24%, up from 5.06% in the prior quarter.
  • Over the last five years, Gross Margin for GLP reached as high as 1414.85% in Q4 2022 and fell as low as 6.27% in Q4 2024.
  • Historically, Gross Margin has averaged 89.93% across 5 years, with a median of 8.14% in 2023.
  • Across the five-year window, Gross Margin jumped 141013 bps in 2022 and plunged 140273 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 1414.85% in 2022, then sank by 99 bps to 12.12% in 2023, then slumped by 152 bps to 6.27% in 2024, then increased by 19 bps to 5.06% in 2025, then soared by 223 bps to 6.24% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 6.24% in Q1 2026, 5.06% in Q4 2025, and 12.1% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 89.73%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 76.80%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 68.62%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 41.12%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 97.17%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 23.85%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 41.52%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 93.41%
10 Global Partners 1.64 Bn 1.58 Bn 332.17 Mn 6.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.24%
Dec 31, 2025 -5.06%
Sep 30, 2025 12.10%
Jun 30, 2025 5.89%
Mar 31, 2025 11.74%
Dec 31, 2024 -6.27%
Sep 30, 2024 6.47%
Jun 30, 2024 12.62%
Mar 31, 2024 5.19%
Dec 31, 2023 12.12%
Sep 30, 2023 8.14%
Jun 30, 2023 10.51%
Mar 31, 2023 5.51%
Dec 31, 2022 1,414.85%
Sep 30, 2022 12.06%
Jun 30, 2022 8.81%
Mar 31, 2022 7.91%
Dec 31, 2021 4.72%
Sep 30, 2021 10.22%
Jun 30, 2021 9.76%