Global Partners (GLP) Rent Expense (2024 - 2026)
Global Partners' (GLP) quarterly Rent Expense came in at $31.2 million in Q2 2026, down 3.92% year-over-year from $32.5 million in Q2 2025, and down 4.4% quarter-over-quarter from $32.7 million in Q1 2026.
Analysis
Global Partners (GLP) Rent Expense (2024 - 2026) Analysis & Trends
Global Partners (GLP) has reported Rent Expense for 3 consecutive years, with $31.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense fell 3.92% year-over-year to $31.2 million in Q2 2026; TTM through Jun 2026 was $131.5 million, a 0.86% increase from a year earlier, with the FY2025 full-year figure at $132.4 million, up 3.01% from the prior year.
- Rent Expense was $31.2 million for Q2 2026 at Global Partners, down from $32.7 million in the prior quarter.
- Over five years, Rent Expense peaked at $34.9 million in Q4 2025 and troughed at $31.1 million in Q1 2024.
- A 3-year average of $32.5 million and a median of $32.5 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense increased 7.64% in 2025 and slipped 3.92% in 2026, its largest moves.
- Over 3 years, Rent Expense stood at $32.5 million in 2024, then increased by 7.64% to $34.9 million in 2025, then decreased by 10.58% to $31.2 million in 2026.
- The last three Rent Expense figures came in at $31.2 million (Q2 2026), $32.7 million (Q1 2026), and $34.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunoco | 10.38 Bn | 9.61 Bn | 1.46 Bn | 56.00 Mn |
| 2 | Ultrapar Holdings | 7.78 Bn | 6.07 Bn | 912.61 Mn | - |
| 3 | Bw Lpg | 3.76 Bn | 3.59 Bn | - | - |
| 4 | World Kinect | 1.81 Bn | 1.61 Bn | 365.10 Mn | - |
| 5 | Global Partners | 1.79 Bn | 1.75 Bn | 328.94 Mn | 31.24 Mn |
| 6 | Suburban Propane Partners | 1.17 Bn | 1.16 Bn | 160.33 Mn | - |
| 7 | CrossAmerica Partners | 871.11 Mn | 895.42 Mn | 112.79 Mn | - |
| 8 | Genie Energy | 454.57 Mn | 253.18 Mn | 33.67 Mn | - |
| 9 | Star | 417.03 Mn | 309.64 Mn | 162.87 Mn | - |
| 10 | Uni-Fuels Holdings | 19.48 Mn | 6.94 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.24 Mn |
| Mar 31, 2026 | 32.68 Mn |
| Dec 31, 2025 | 34.94 Mn |
| Sep 30, 2025 | 32.64 Mn |
| Jun 30, 2025 | 32.51 Mn |
| Mar 31, 2025 | 32.30 Mn |
| Dec 31, 2024 | 32.46 Mn |
| Sep 30, 2024 | 33.10 Mn |
| Jun 30, 2024 | 31.82 Mn |
| Mar 31, 2024 | 31.14 Mn |