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

Global Partners (GLP) reported Gross Margin of 13.91% for Q1 2026, up 836.0% year-over-year from 1.49% in Q1 2025, and up 145.81% quarter-over-quarter from 5.66% 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 13.91% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 13.91%, up 836.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.96% (up 238.0% YoY), and the FY2025 annual result was 5.72%, down 44.0% from the prior year.
  • Gross Margin rose to 13.91% in Q1 2026 per GLP's latest filing, from 5.66% in the prior quarter.
  • Over five years, Gross Margin peaked at 1414.85% in Q4 2022 and troughed at 2.55% in Q4 2024.
  • A 5-year average of 89.91% and a median of 6.47% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin soared 141013 bps in 2022, then tumbled 140849 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 1414.85% in 2022, then plunged by 100 bps to 6.36% in 2023, then slumped by 60 bps to 2.55% in 2024, then soared by 122 bps to 5.66% in 2025, then soared by 146 bps to 13.91% in 2026.
  • Business Quant data shows GLP's Gross Margin at 13.91% in Q1 2026, 5.66% in Q4 2025, and 5.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 41.12%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 63.77%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 23.85%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 83.61%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 41.52%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 26.67%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 98.68%
10 Global Partners 1.64 Bn 1.58 Bn 332.17 Mn 13.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.91%
Dec 31, 2025 5.66%
Sep 30, 2025 5.78%
Jun 30, 2025 5.89%
Mar 31, 2025 5.56%
Dec 31, 2024 2.55%
Sep 30, 2024 6.47%
Jun 30, 2024 6.53%
Mar 31, 2024 9.77%
Dec 31, 2023 6.36%
Sep 30, 2023 8.14%
Jun 30, 2023 10.51%
Mar 31, 2023 9.56%
Dec 31, 2022 1,414.85%
Sep 30, 2022 7.10%
Jun 30, 2022 5.29%
Mar 31, 2022 4.58%
Dec 31, 2021 4.72%
Sep 30, 2021 6.11%
Jun 30, 2021 9.76%