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 down 98.51% on a QoQ basis from 79.09% in Q4 2025.
Global Partners (GLP) Tax Rate (2010 - 2026) Analysis & Trends
Global Partners (GLP) has 16 years of Tax Rate data on file, last reported at 1.18% in Q1 2026.
- On a quarterly basis, Tax Rate fell 499.0% year-over-year to 1.18% in Q1 2026; TTM through Mar 2026 was 13.6%, a 167.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, down 494877.0% from the prior year.
- Tax Rate for Q1 2026 stood at 1.18%, down from 79.09% in the prior quarter.
- Over the last five years, Tax Rate for GLP reached as high as 79.09% in Q4 2025 and fell as low as 6.93% in Q1 2024.
- Historically, Tax Rate has averaged 7.24% across 5 years, with a median of 3.17% in 2022.
- Across the five-year window, Tax Rate sank 829 bps in 2024 and jumped 7653 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 3.17% in 2022, then soared by 198 bps to 9.47% in 2023, then plunged by 73 bps to 2.56% in 2024, then soared by 2993 bps to 79.09% in 2025, then tumbled by 99 bps to 1.18% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 1.18% in Q1 2026, 79.09% in Q4 2025, and 1.56% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.08% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -0.12% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 23.33% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.45% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 10.04% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 6.40% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.27% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 24.00% |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 1.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.18% |
| Mar 31, 2026 | 1.18% |
| Mar 31, 2026 | 1.18% |
| Dec 31, 2025 | 79.09% |
| Dec 31, 2025 | 79.09% |
| Dec 31, 2025 | 79.09% |
| Sep 30, 2025 | -1.56% |
| Sep 30, 2025 | -1.56% |
| Sep 30, 2025 | -1.56% |
| Jun 30, 2025 | -0.45% |
| Jun 30, 2025 | -0.45% |
| Jun 30, 2025 | -0.45% |
| Mar 31, 2025 | 6.18% |
| Mar 31, 2025 | 6.18% |
| Mar 31, 2025 | 6.18% |
| Dec 31, 2024 | 2.56% |
| Dec 31, 2024 | 2.56% |
| Dec 31, 2024 | 2.56% |
| Sep 30, 2024 | 4.68% |
| Sep 30, 2024 | 4.68% |