GLP - Global Partners LP
NYSE
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Energy
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Oil & Gas Midstream
Waltham,
United States
Type: Equity
GLP price evolution
GLP
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $19.64 | $11.3 | $11.04 | $7.07 |
| Short term investments | $17.66 | $8.63 | $16.54 | $18.55 |
| Net receivables | $559.91 | $525.46 | $441.54 | $442.25 |
| Inventory | $397.31 | $390.85 | $343.87 | $385.3 |
| Total current assets | $1097.83 | $1042.42 | $900.99 | $950.85 |
| Long term investments | $94.35 | $71.02 | $70.69 | |
| Property, plant & equipment | $1766.39 | $1450.04 | $1471.04 | $1488.74 |
| Goodwill & intangible assets | $449.93 | $449.95 | $450.47 | $452.55 |
| Total noncurrent assets | $2348.18 | $2008.48 | $2035.92 | $1973.9 |
| Total investments | $112.01 | $79.65 | $87.22 | $18.55 |
| Total assets | $3446.01 | $3050.9 | $2936.91 | $2924.75 |
| Current liabilities | ||||
| Accounts payable | $648.72 | $558.23 | $398.65 | $285.22 |
| Deferred revenue | ||||
| Short long term debt | $16.8 | $65.7 | $89.4 | $247.3 |
| Total current liabilities | $982.79 | $916.58 | $754.35 | $773.04 |
| Long term debt | $1461.4 | $1179.92 | $1219.98 | $1210.43 |
| Total noncurrent liabilities | $1662.56 | $1359.85 | $1407.03 | $1392.42 |
| Total debt | $1478.2 | $1245.62 | $1309.38 | $1457.73 |
| Total liabilities | $2645.35 | $2276.43 | $2161.38 | $2165.46 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | $0.38 | $0.51 | $0.68 | $0 |
| Total shareholder equity | $800.66 | $774.48 | $775.53 | $759.29 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $19.64 | $4.04 | $10.85 | $9.71 |
| Short term investments | $17.66 | $19.85 | $11.65 | $16.56 |
| Net receivables | $559.91 | $481.22 | $412.33 | $229.73 |
| Inventory | $397.31 | $566.73 | $509.52 | $384.43 |
| Total current assets | $1097.83 | $1169.26 | $1065.09 | $781.43 |
| Long term investments | $94.35 | |||
| Property, plant & equipment | $1766.39 | $1506.31 | $1379.63 | $1372.99 |
| Goodwill & intangible assets | $449.93 | $454.63 | $354.15 | $359.49 |
| Total noncurrent assets | $2348.18 | $1991.63 | $1766.08 | $1759.07 |
| Total investments | $112.01 | $19.85 | $11.65 | $16.56 |
| Total assets | $3446.01 | $3160.89 | $2831.16 | $2540.5 |
| Current liabilities | ||||
| Accounts payable | $648.72 | $530.94 | $353.3 | $207.87 |
| Deferred revenue | ||||
| Short long term debt | $16.8 | $153.4 | $204.7 | $34.4 |
| Total current liabilities | $982.79 | $971.48 | $839.6 | $497.53 |
| Long term debt | $1461.4 | $981.8 | $1305.36 | $1382.79 |
| Total noncurrent liabilities | $1662.56 | $1400.96 | $1463.8 | $1547.47 |
| Total debt | $1478.2 | $1366.63 | $1510.06 | $1417.19 |
| Total liabilities | $2645.35 | $2372.44 | $2303.4 | $2045 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | $0.38 | -$0.45 | -$1.9 | $1.6 |
| Total shareholder equity | $800.66 | $788.44 | $527.77 | $495.5 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4409.11 | $4221.05 | $3831.69 | $4030.33 |
| Cost of revenue | $4128.72 | $3992.53 | $3589.03 | $3808.26 |
| Gross Profit | $280.4 | $228.52 | $242.66 | $222.06 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $81.3 | $63.48 | $66.7 | $62.26 |
| Total operating expenses | $198.78 | $180.54 | $179.98 | $170.56 |
| Operating income | $81.61 | $47.98 | $62.68 | $51.5 |
| Income from continuing operations | ||||
| EBIT | $81.73 | $49.16 | $63.89 | $51.5 |
| Income tax expense | $5.79 | $1.26 | $0.69 | $0.4 |
| Interest expense | $20.67 | $21.09 | $21.81 | $22.07 |
| Net income | ||||
| Net income | $55.28 | $26.81 | $41.39 | $29.03 |
| Income (for common shares) | $48.13 | $20.54 | $35.59 | $23.79 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $16492.17 | $18877.89 | $13248.28 | $8321.6 |
| Cost of revenue | $15518.53 | $17780.24 | $12529.01 | $7600.46 |
| Gross Profit | $973.64 | $1097.65 | $719.26 | $721.14 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $273.73 | $263.11 | $212.88 | $192.53 |
| Total operating expenses | $729.87 | $637.36 | $577.04 | $528.87 |
| Operating income | $243.77 | $460.29 | $142.22 | $192.27 |
| Income from continuing operations | ||||
| EBIT | $246.27 | $460.29 | $142.22 | $185.63 |
| Income tax expense | $8.14 | $16.82 | $1.34 | -$0.12 |
| Interest expense | $85.63 | $81.26 | $80.09 | $83.54 |
| Net income | ||||
| Net income | $152.51 | $362.21 | $60.8 | $102.21 |
| Income (for common shares) | $128.04 | $341.22 | $45.01 | $94.08 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $55.28 | $26.81 | $41.39 | $29.03 |
| Operating activities | ||||
| Depreciation | $29.14 | $27.51 | $26.8 | $26.65 |
| Business acquisitions & disposals | -$0.34 | -$1.5 | -$4.28 | -$3.88 |
| Stock-based compensation | $4.94 | $2.5 | $2.07 | $1.09 |
| Total cash flows from operations | $169.42 | $97.09 | $265.26 | -$19.32 |
| Investing activities | ||||
| Capital expenditures | -$346.49 | -$12.73 | -$21.75 | -$8.19 |
| Investments | -$23.74 | -$69.48 | ||
| Total cash flows from investing | -$370.57 | -$14.23 | -$95.5 | -$12.07 |
| Financing activities | ||||
| Dividends paid | -$29.75 | -$28.64 | -$27.47 | -$58.86 |
| Sale and purchase of stock | -$2.85 | -$0.68 | ||
| Net borrowings | $242.1 | -$53.7 | -$137.9 | $93.9 |
| Total cash flows from financing | $209.5 | -$82.6 | -$165.78 | $34.42 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $8.34 | $0.25 | $3.97 | $3.03 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $152.51 | $362.21 | $60.8 | $102.21 |
| Operating activities | ||||
| Depreciation | $110.09 | $104.8 | $102.24 | $100.14 |
| Business acquisitions & disposals | -$9.99 | -$257.91 | -$19.72 | -$1.61 |
| Stock-based compensation | $10.61 | $2.7 | $0.71 | $1.08 |
| Total cash flows from operations | $512.44 | $480 | $50.22 | $312.53 |
| Investing activities | ||||
| Capital expenditures | -$389.16 | $21.72 | -$95.33 | -$68.12 |
| Investments | -$93.23 | |||
| Total cash flows from investing | -$492.38 | -$236.19 | -$115.05 | -$69.73 |
| Financing activities | ||||
| Dividends paid | -$144.72 | -$100.45 | -$91.92 | -$71.36 |
| Sale and purchase of stock | -$3.52 | -$2.9 | -$3.77 | -$0.29 |
| Net borrowings | $144.4 | -$145.7 | $91.7 | -$171.95 |
| Total cash flows from financing | -$4.46 | -$250.61 | $65.97 | -$245.13 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $15.6 | -$6.81 | $1.14 | -$2.33 |
News
Fundamentals
| Market cap | $1.54B |
|---|---|
| Enterprise value | $3.00B |
| Shares outstanding | 33.88M |
| Revenue | $16.49B |
|---|---|
| EBITDA | $356.36M |
| EBIT | $246.27M |
| Net Income | $152.51M |
| Revenue Q/Q | -0.40% |
| Revenue Y/Y | -12.64% |
| P/E ratio | 10.12 |
|---|---|
| EV/Sales | 0.18 |
| EV/EBITDA | 8.42 |
| EV/EBIT | 12.19 |
| P/S ratio | 0.09 |
| P/B ratio | 1.93 |
| Book/Share | 23.62 |
| Cash/Share | 0.58 |
| EPS | $4.50 |
|---|---|
| ROA | 4.94% |
| ROE | 19.62% |
| Debt/Equity | 3.30 |
|---|---|
| Net debt/EBITDA | 7.37 |
| Current ratio | 1.12 |
| Quick ratio | 0.71 |