Global Historical Income Statement
GLP Stock | USD 55.08 1.43 2.67% |
Historical analysis of Global Partners income statement accounts such as Total Revenue of 10.7 B or Gross Profit of 408.9 M can show how well Global Partners LP performed in making a profits. Evaluating Global Partners income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Global Partners's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Global Partners LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Global Partners LP is a good buy for the upcoming year.
Global |
About Global Income Statement Analysis
Global Partners LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Global Partners shareholders. The income statement also shows Global investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Global Partners Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Global Partners LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Global Partners LP minus its cost of goods sold. It is profit before Global Partners operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Global Partners LP. It is also known as Global Partners overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Global Partners' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Global Partners LP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Global Partners' Income Tax Expense is relatively stable compared to the past year. As of 12/12/2024, Net Income Applicable To Common Shares is likely to grow to about 412 M, while Gross Profit is likely to drop slightly above 408.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80.1M | 81.3M | 85.6M | 48.6M | Depreciation And Amortization | 102.2M | 104.8M | 110.1M | 115.6M |
Global Partners income statement Correlations
Click cells to compare fundamentals
Global Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Partners income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 10.2M | 100.1M | 102.2M | 104.8M | 110.1M | 115.6M | |
Interest Expense | 89.9M | 83.5M | 80.1M | 81.3M | 85.6M | 48.6M | |
Total Revenue | 13.1B | 8.3B | 13.2B | 18.9B | 16.5B | 10.7B | |
Gross Profit | 662.8M | 721.1M | 719.3M | 1.1B | 513.8M | 408.9M | |
Other Operating Expenses | 12.9B | 8.1B | 13.1B | 18.5B | 16.2B | 10.6B | |
Operating Income | 139.2M | 192.3M | 142.2M | 460.3M | 243.8M | 256.0M | |
Ebit | 139.2M | 185.1M | 142.2M | 460.3M | 246.3M | 258.6M | |
Ebitda | 149.4M | 285.2M | 244.5M | 565.1M | 356.4M | 374.2M | |
Cost Of Revenue | 12.4B | 7.6B | 12.5B | 17.8B | 16.0B | 10.3B | |
Total Operating Expenses | 524.8M | 526.7M | 577.2M | 717.2M | 266.3M | 296.0M | |
Income Before Tax | 36.3M | 101.6M | 62.1M | 379.0M | 160.6M | 168.7M | |
Total Other Income Expense Net | (102.9M) | (90.7M) | (80.1M) | (81.3M) | (83.1M) | (79.0M) | |
Net Income | 35.9M | 102.2M | 60.8M | 362.2M | 152.5M | 160.1M | |
Income Tax Expense | 1.1M | (119K) | 1.3M | 16.8M | 8.1M | 8.5M | |
Selling General Administrative | 213.0M | 192.5M | 259.6M | 321.3M | 273.3M | 141.4M | |
Net Income Applicable To Common Shares | 37.2M | 103.6M | 57.2M | 341.2M | 392.4M | 412.0M | |
Preferred Stock And Other Adjustments | (1.0M) | (1.4M) | (1.4M) | (3.6M) | (4.1M) | (4.3M) | |
Net Income From Continuing Ops | 35.2M | 101.7M | 60.8M | 362.2M | 154.7M | 81.0M | |
Non Recurring | 414K | 2.0M | 1.9M | 380K | 342K | 324.9K | |
Tax Provision | 1.1M | (119K) | 1.3M | 16.8M | 4.2M | 4.4M | |
Interest Income | 89.9M | 83.5M | 80.1M | 81.3M | 93.4M | 92.1M | |
Net Interest Income | (89.9M) | (83.5M) | (80.1M) | (81.3M) | (84.6M) | (88.9M) | |
Reconciled Depreciation | 108.2M | 100.1M | 102.2M | 8.9M | 107.2M | 73.0M |
Pair Trading with Global Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Stock
0.69 | AM | Antero Midstream Partners | PairCorr |
0.95 | EE | Excelerate Energy | PairCorr |
0.96 | ET | Energy Transfer LP | PairCorr |
0.95 | DLNG | Dynagas LNG Partners | PairCorr |
Moving against Global Stock
0.89 | PXS | Pyxis Tankers | PairCorr |
0.86 | LPG | Dorian LPG | PairCorr |
0.86 | NAT | Nordic American Tankers | PairCorr |
0.82 | PXSAW | Pyxis Tankers | PairCorr |
0.8 | FRO | Frontline | PairCorr |
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.
The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Global Stock Analysis
When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.