Global Historical Income Statement

GLP Stock

USD 53.65 0.27 0.50%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

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.

Interest Expense Total Revenue Ebitda Total Other Income Expense Net

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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.

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.

	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

Interest Expense Depreciation And Amortization

Global Partners income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Operating Income Net Other
Depreciation And Amortization		0.14	0.17	0.33	0.16	0.63	0.63	0.8	0.15	0.2	0.6	-0.21	0.6	0.55	0.58	0.52	0.28	-0.46	0.5	0.34	0.57	-0.52	-0.57	0.95
Interest Expense	0.14		0.1	0.8	0.09	0.27	0.48	0.42	0.06	0.81	0.07	-0.44	0.1	0.16	0.7	0.05	-0.2	-0.72	0.08	0.66	0.15	-0.12	0.05	0.34
Total Revenue	0.17	0.1		0.32	1.0	0.43	0.4	0.36	1.0	0.23	0.44	0.08	0.43	0.56	0.34	0.44	0.28	0.07	0.34	-0.12	0.17	-0.28	0.01	0.11
Gross Profit	0.33	0.8	0.32		0.3	0.62	0.77	0.7	0.27	0.96	0.48	-0.3	0.51	0.41	0.83	0.46	0.03	-0.65	0.39	0.35	0.44	-0.59	0.15	0.53
Other Operating Expenses	0.16	0.09	1.0	0.3		0.42	0.39	0.35	1.0	0.22	0.43	0.08	0.42	0.55	0.33	0.43	0.28	0.08	0.34	-0.13	0.17	-0.27	0.01	0.1
Operating Income	0.63	0.27	0.43	0.62	0.42		0.88	0.87	0.41	0.45	0.98	0.24	0.98	0.55	0.63	0.94	0.64	-0.63	0.51	0.28	0.3	-0.72	-0.32	0.64
Ebit	0.63	0.48	0.4	0.77	0.39	0.88		0.97	0.37	0.61	0.8	-0.19	0.82	0.68	0.75	0.73	0.2	-0.59	0.64	0.46	0.33	-0.84	-0.34	0.68
Ebitda	0.8	0.42	0.36	0.7	0.35	0.87	0.97		0.33	0.53	0.81	-0.21	0.82	0.7	0.76	0.72	0.24	-0.6	0.65	0.46	0.44	-0.81	-0.44	0.82
Cost Of Revenue	0.15	0.06	1.0	0.27	1.0	0.41	0.37	0.33		0.19	0.43	0.09	0.42	0.55	0.31	0.42	0.29	0.11	0.33	-0.14	0.15	-0.25	0.01	0.09
Total Operating Expenses	0.2	0.81	0.23	0.96	0.22	0.45	0.61	0.53	0.19		0.3	-0.33	0.33	0.27	0.75	0.28	-0.05	-0.62	0.24	0.3	0.39	-0.46	0.23	0.42
Income Before Tax	0.6	0.07	0.44	0.48	0.43	0.98	0.8	0.81	0.43	0.3		0.37	1.0	0.53	0.52	0.98	0.71	-0.48	0.5	0.11	0.32	-0.72	-0.28	0.58
Total Other Income Expense Net	-0.21	-0.44	0.08	-0.3	0.08	0.24	-0.19	-0.21	0.09	-0.33	0.37		0.35	-0.3	-0.35	0.45	0.79	0.02	-0.29	-0.46	-0.13	0.13	0.13	-0.28
Net Income	0.6	0.1	0.43	0.51	0.42	0.98	0.82	0.82	0.42	0.33	1.0	0.35		0.5	0.53	0.98	0.69	-0.5	0.48	0.13	0.33	-0.74	-0.27	0.59
Income Tax Expense	0.55	0.16	0.56	0.41	0.55	0.55	0.68	0.7	0.55	0.27	0.53	-0.3	0.5		0.44	0.43	0.06	-0.17	0.94	0.2	0.18	-0.56	-0.33	0.5
Selling General Administrative	0.58	0.7	0.34	0.83	0.33	0.63	0.75	0.76	0.31	0.75	0.52	-0.35	0.53	0.44		0.5	0.11	-0.66	0.4	0.42	0.59	-0.53	-0.1	0.72
Net Income From Continuing Ops	0.52	0.05	0.44	0.46	0.43	0.94	0.73	0.72	0.42	0.28	0.98	0.45	0.98	0.43	0.5		0.74	-0.43	0.43	0.01	0.37	-0.67	-0.11	0.52
Minority Interest	0.28	-0.2	0.28	0.03	0.28	0.64	0.2	0.24	0.29	-0.05	0.71	0.79	0.69	0.06	0.11	0.74		-0.34	0.03	-0.17	0.07	-0.12	-0.12	0.22
Non Recurring	-0.46	-0.72	0.07	-0.65	0.08	-0.63	-0.59	-0.6	0.11	-0.62	-0.48	0.02	-0.5	-0.17	-0.66	-0.43	-0.34		-0.15	-0.66	-0.15	0.29	0.3	-0.57
Tax Provision	0.5	0.08	0.34	0.39	0.34	0.51	0.64	0.65	0.33	0.24	0.5	-0.29	0.48	0.94	0.4	0.43	0.03	-0.15		0.14	0.22	-0.6	-0.21	0.49
Interest Income	0.34	0.66	-0.12	0.35	-0.13	0.28	0.46	0.46	-0.14	0.3	0.11	-0.46	0.13	0.2	0.42	0.01	-0.17	-0.66	0.14		-0.22	-0.1	-0.55	0.37
Net Interest Income	0.57	0.15	0.17	0.44	0.17	0.3	0.33	0.44	0.15	0.39	0.32	-0.13	0.33	0.18	0.59	0.37	0.07	-0.15	0.22	-0.22		-0.41	0.23	0.68
Reconciled Depreciation	-0.52	-0.12	-0.28	-0.59	-0.27	-0.72	-0.84	-0.81	-0.25	-0.46	-0.72	0.13	-0.74	-0.56	-0.53	-0.67	-0.12	0.29	-0.6	-0.1	-0.41		0.18	-0.54
Extraordinary Items	-0.57	0.05	0.01	0.15	0.01	-0.32	-0.34	-0.44	0.01	0.23	-0.28	0.13	-0.27	-0.33	-0.1	-0.11	-0.12	0.3	-0.21	-0.55	0.23	0.18		-0.4
Non Operating Income Net Other	0.95	0.34	0.11	0.53	0.1	0.64	0.68	0.82	0.09	0.42	0.58	-0.28	0.59	0.5	0.72	0.52	0.22	-0.57	0.49	0.37	0.68	-0.54	-0.4

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Global Partners Account Relationship Matchups

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

0.7	AM	Antero Midstream Partners	Pair Corr
0.96	EE	Excelerate Energy	Pair Corr
0.95	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.94	DLNG	Dynagas LNG Partners	Pair Corr

Moving against Global Stock

0.89	PXS	Pyxis Tankers	Pair Corr
0.86	LPG	Dorian LPG	Pair Corr
0.86	NAT	Nordic American Tankers	Pair Corr
0.78	FRO	Frontline	Pair Corr
0.77	PXSAW	Pyxis Tankers	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Global Historical Income Statement

About Global Income Statement Analysis

Global Partners Income Statement Chart

Interest Expense

Total Revenue

Global Partners income statement Correlations

Global Partners Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global Partners income statement Accounts

Pair Trading with Global Partners

Moving together with Global Stock

Moving against Global Stock

Additional Tools for Global Stock Analysis

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax
Income Before Tax	+ 0.98	Operating Income
Net Income	+ 0.98	Operating Income

Reconciled Depreciation	- 0.84	Ebit
Reconciled Depreciation	- 0.81	Ebitda
Reconciled Depreciation	- 0.74	Net Income
Reconciled Depreciation	- 0.72	Income Before Tax
Reconciled Depreciation	- 0.72	Operating Income
Non Recurring	- 0.72	Interest Expense