Global Partners (GLP) Operating Margin (2010 - 2026)
Global Partners (GLP) recorded Operating Margin of 1.58% in Q2 2026, up 0.28 percentage points from 1.30% a year earlier but down 0.41 percentage points from the prior quarter.
Global Partners (GLP) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Global Partners' Operating Margin came in at 1.55% as of Jun 30, 2026, up 0.10 percentage points year-over-year; for FY2025, it was 1.26%, down 0.20 percentage points from FY2024.
- Annual Operating Margin has declined for three straight years, with a five-year change of -1.05 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 1.46% in FY2024 (-0.01 pp), 1.48% in FY2023 (-0.96 pp), 2.44% in FY2022 (+1.36 pp) and 1.07% in FY2021 (-1.24 pp).
- Quarterly Operating Margin has ranged from 0.62% in Q1 2024 to 3.51% in Q2 2022 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +0.07 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 2.50 percentage points in Q2 2022, against a drop of 1.92 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.99% (Q1 2026), 1.23% (Q4 2025) and 1.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.65 Bn | 91.85 Bn | 5.47 Bn | 11.68% |
| 2 | Marathon Petroleum | 110.08 Bn | 100.48 Bn | 9.27 Bn | 13.99% |
| 3 | HF Sinclair | 18.77 Bn | 13.00 Bn | 1.57 Bn | 11.24% |
| 4 | Sunoco | 9.95 Bn | 4.33 Bn | 1.46 Bn | 4.09% |
| 5 | PBF Energy | 8.98 Bn | 6.67 Bn | 1.15 Bn | 10.89% |
| 6 | Ultrapar Holdings | 7.84 Bn | 1.62 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.08 Bn | 2.87 Bn | 117.00 Mn | 2.85% |
| 8 | Icahn Enterprises | 4.88 Bn | -880.12 Mn | - | - |
| 9 | Delek US Holdings | 4.20 Bn | 1.93 Bn | 365.10 Mn | 7.40% |
| 10 | Global Partners | 1.58 Bn | 1.41 Bn | 328.94 Mn | 1.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58% |
| Mar 31, 2026 | 1.99% |
| Dec 31, 2025 | 1.23% |
| Sep 30, 2025 | 1.31% |
| Jun 30, 2025 | 1.30% |
| Mar 31, 2025 | 1.22% |
| Dec 31, 2024 | 1.39% |
| Sep 30, 2024 | 1.89% |
| Jun 30, 2024 | 1.90% |
| Mar 31, 2024 | 0.62% |
| Dec 31, 2023 | 1.85% |
| Sep 30, 2023 | 1.14% |
| Jun 30, 2023 | 1.64% |
| Mar 31, 2023 | 1.28% |
| Dec 31, 2022 | 1.79% |
| Sep 30, 2022 | 3.05% |
| Jun 30, 2022 | 3.51% |
| Mar 31, 2022 | 1.18% |
| Dec 31, 2021 | 0.97% |
| Sep 30, 2021 | 1.62% |
Global Partners Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=GLP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "GLP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=GLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();