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

Global Partners' (GLP) quarterly Gross Margin came in at 13.91% in Q1 2026, up 836.0% year-on-year from 1.49% in Q1 2025, and up 145.81% sequentially from 5.66% in Q4 2025.

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

Global Partners' Gross Margin history runs 17 years deep, the most recent figure standing at 13.91% for Q1 2026.

  • In Q1 2026, Gross Margin rose 836.0% year-over-year to 13.91%; the TTM figure through Mar 2026 stood at 6.96% (up 238.0% YoY), while the FY2025 annual figure was 5.72%, down 44.0% from the prior year.
  • Gross Margin came in at 13.91% for Q1 2026 at Global Partners, up 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.
  • The 5-year median for Gross Margin is 6.47% (2024), against an average of 89.91%.
  • The widest annual swing landed in 2022, when Gross Margin jumped 141013 bps; it then plunged 140849 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 1414.85% in 2022, then sank by 100 bps to 6.36% in 2023, then tumbled by 60 bps to 2.55% in 2024, then jumped by 122 bps to 5.66% in 2025, then jumped by 146 bps to 13.91% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 1,308.38 Bn 1,309.08 Bn 6.70 Bn 41.12%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 63.77%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 23.85%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 41.52%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 83.61%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 26.67%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 23.28%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 94.13%
10 Global Partners 1.58 Bn 1.52 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%