Global Partners (GLP) Tax Rate (2010 - 2026)

Global Partners' (GLP) quarterly Tax Rate came in at 1.18% in Q1 2026, down 499.0% year-on-year from 0.3% in Q1 2025, and up 321.9% sequentially from 0.53% in Q4 2025.

Global Partners (GLP) Tax Rate (2010 - 2026) Analysis & Trends

Global Partners' Tax Rate history runs 16 years deep, the most recent figure standing at 1.18% for Q1 2026.

  • In Q1 2026, Tax Rate fell 499.0% year-over-year to 1.18%; the TTM figure through Mar 2026 stood at 1.32% (down 642.0% YoY), while the FY2025 annual figure was 21260.0%, up 2125133.0% from the prior year.
  • Tax Rate came in at 1.18% for Q1 2026 at Global Partners, up from 0.53% in the prior quarter.
  • Over five years, Tax Rate peaked at 22.95% in Q4 2024 and troughed at 6.93% in Q1 2024.
  • The 5-year median for Tax Rate is 3.17% (2022), against an average of 3.51%.
  • The widest annual swing landed in 2024, when Tax Rate soared 1758 bps; it then sank 2348 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 3.17% in 2022, then surged by 69 bps to 5.36% in 2023, then soared by 328 bps to 22.95% in 2024, then tumbled by 102 bps to 0.53% in 2025, then surged by 322 bps to 1.18% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 1.18% in Q1 2026, 0.53% in Q4 2025, and 1.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Global Partners 1.58 Bn 1.52 Bn 332.17 Mn 1.18%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18%
Mar 31, 2026 1.18%
Dec 31, 2025 -0.53%
Dec 31, 2025 -0.53%
Sep 30, 2025 -1.56%
Sep 30, 2025 -1.56%
Jun 30, 2025 -0.45%
Jun 30, 2025 -0.45%
Mar 31, 2025 6.18%
Mar 31, 2025 6.18%
Dec 31, 2024 22.95%
Dec 31, 2024 22.95%
Sep 30, 2024 4.68%
Sep 30, 2024 4.68%
Jun 30, 2024 3.84%
Jun 30, 2024 3.84%
Mar 31, 2024 -6.93%
Mar 31, 2024 -6.93%
Dec 31, 2023 5.36%
Dec 31, 2023 5.36%