Global Partners (GLP) Interest Expenses (2010 - 2026)
Global Partners' (GLP) quarterly Interest Expenses came in at $36.4 million in Q1 2026, down 33.14% year-on-year from $54.4 million in Q1 2025, and down 46.24% on a QoQ basis from $67.7 million in Q4 2025.
Global Partners (GLP) Interest Expenses (2010 - 2026) Analysis & Trends
Global Partners (GLP) has 17 years of Interest Expenses data on file, last reported at $36.4 million in Q1 2026.
- On a quarterly basis, Interest Expenses fell 33.14% year-over-year to $36.4 million in Q1 2026; TTM through Mar 2026 was $178.2 million, a 64.44% increase from a year earlier, with the FY2025 full-year figure at $485.3 million, up 412.53% from the prior year.
- Interest Expenses for Q1 2026 stood at $36.4 million, down from $67.7 million in the prior quarter.
- Over the last five years, Interest Expenses for GLP reached as high as $67.7 million in Q4 2025 and fell as low as $2.2 million in Q2 2022.
- Historically, Interest Expenses has averaged $26.7 million across 5 years, with a median of $29.3 million in 2023.
- On a YoY basis, Interest Expenses climbed as much as 334.78% in 2025 and fell as far as 43.49% in 2025.
- Year by year, Interest Expenses stood at $31.9 million in 2022, then declined by 24.95% to $23.9 million in 2023, then decreased by 17.38% to $19.8 million in 2024, then soared by 242.28% to $67.7 million in 2025, then plunged by 46.24% to $36.4 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $36.4 million in Q1 2026, $67.7 million in Q4 2025, and $17.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 36.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.38 Mn |
| Mar 31, 2026 | 36.38 Mn |
| Dec 31, 2025 | 67.67 Mn |
| Dec 31, 2025 | 67.67 Mn |
| Sep 30, 2025 | 17.20 Mn |
| Sep 30, 2025 | 17.20 Mn |
| Jun 30, 2025 | 16.40 Mn |
| Jun 30, 2025 | 16.40 Mn |
| Mar 31, 2025 | 54.41 Mn |
| Mar 31, 2025 | 54.41 Mn |
| Dec 31, 2024 | 19.77 Mn |
| Dec 31, 2024 | 19.77 Mn |
| Sep 30, 2024 | 30.44 Mn |
| Sep 30, 2024 | 30.44 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Mar 31, 2024 | 29.58 Mn |
| Mar 31, 2024 | 29.58 Mn |
| Dec 31, 2023 | 23.93 Mn |
| Dec 31, 2023 | 23.93 Mn |