Global Partners (GLP) Interest Coverage Ratio (2010 - 2026)
Global Partners (GLP) posted quarterly Interest Coverage Ratio of 2.91 for Q1 2026, up 182.97% year-over-year from 1.03 in Q1 2025, and up 15.17% quarter-over-quarter from 2.52 in Q4 2025.
Global Partners (GLP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Global Partners (GLP) has reported Interest Coverage Ratio for 17 consecutive years, with 2.91 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 182.97% year-over-year to 2.91; the TTM figure through Mar 2026 stood at 2.14 (down 17.73% YoY), while the FY2025 annual figure was 0.48, down 81.78% from the prior year.
- Interest Coverage Ratio advanced to 2.91 in Q1 2026 per GLP's latest filing, from 2.52 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 85.34 in Q2 2022 and bottomed at 0.87 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 9.36 across 5 years, with a median of 2.91 in 2026.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 442.18% — and 2025, when it sank 83.53%.
- Global Partners' Interest Coverage Ratio stood at 2.48 in 2022, then surged by 37.57% to 3.41 in 2023, then retreated by 13.88% to 2.94 in 2024, then slipped by 14.06% to 2.52 in 2025, then climbed by 15.17% to 2.91 in 2026.
- Business Quant data shows GLP's Interest Coverage Ratio at 2.91 in Q1 2026, 2.52 in Q4 2025, and 3.57 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 0.31 |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 4.28 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 3.67 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 1.41 |
| 10 | Global Partners | 1.75 Bn | 1.70 Bn | 328.94 Mn | 134.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 134.20 |
| Mar 31, 2026 | 2.91 |
| Dec 31, 2025 | 2.52 |
| Sep 30, 2025 | 3.57 |
| Jun 30, 2025 | 3.66 |
| Mar 31, 2025 | 1.03 |
| Dec 31, 2024 | 2.94 |
| Sep 30, 2024 | 2.74 |
| Jun 30, 2024 | 22.23 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | 3.41 |
| Sep 30, 2023 | 1.63 |
| Jun 30, 2023 | 15.14 |
| Mar 31, 2023 | 1.76 |
| Dec 31, 2022 | 2.48 |
| Sep 30, 2022 | 5.06 |
| Jun 30, 2022 | 85.34 |
| Mar 31, 2022 | 1.80 |
| Dec 31, 2021 | 0.81 |
| Sep 30, 2021 | 1.56 |