Global Partners (GLP) Interest Coverage Ratio (2010 - 2026)
Global Partners' (GLP) quarterly Interest Coverage Ratio came in at 2.91 in Q1 2026, up 182.97% year-on-year from 1.03 in Q1 2025, and up 243.31% on a QoQ basis from 0.85 in Q4 2025.
Global Partners (GLP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Global Partners (GLP) has 17 years of Interest Coverage Ratio data on file, last reported at 2.91 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 182.97% year-over-year to 2.91 in Q1 2026; TTM through Mar 2026 was 1.6, a 38.49% decrease from a year earlier, with the FY2025 full-year figure at 0.48, down 81.78% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.91, up from 0.85 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for GLP reached as high as 85.34 in Q2 2022 and fell as low as 0.85 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 9.26 across 5 years, with a median of 2.91 in 2026.
- Across the five-year window, Interest Coverage Ratio surged 442.18% in 2022 and tumbled 83.53% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 2.48 in 2022, then jumped by 37.57% to 3.41 in 2023, then slipped by 13.88% to 2.94 in 2024, then sank by 71.17% to 0.85 in 2025, then jumped by 243.31% to 2.91 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.91 in Q1 2026, 0.85 in Q4 2025, and 3.57 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 2.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.91 |
| Dec 31, 2025 | 0.85 |
| 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 |
| Jun 30, 2021 | 15.74 |