Global Partners LP (Global Partners LP) Pre-Tax Income : $161 Mil (TTM As of Dec. 2023)

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What is Global Partners LP Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Global Partners LP's pretax income for the three months ended in Dec. 2023 was $61 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $161 Mil. Global Partners LP's pretax margin was 1.38%.

During the past 13 years, Global Partners LP's highest Pretax Margin was 2.01%. The lowest was -2.90%. And the median was 0.58%.

Global Partners LP Pre-Tax Income Historical Data

The historical data trend for Global Partners LP's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Partners LP Pre-Tax Income Chart

Global Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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36.27

101.56

62.13

379.03

160.64

Global Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															59.36	29.43	42.08	28.07	61.06

Competitive Comparison of Global Partners LP's Pre-Tax Income

For the Oil & Gas Midstream subindustry, Global Partners LP's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Partners LP's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Global Partners LP's Pre-Tax Income falls into.

Global Partners LP Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Global Partners LP's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	241.144	+	5.129	+	-85.631	+	0	+	0
	=	161

Global Partners LP's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	81.127	+	0.604	+	-20.668	+	0	+	7.105427357601E-15
	=	61

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $161 Mil.

Global Partners LP (NYSE:GLP) Pre-Tax Income Explanation

Global Partners LP's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	61.063	/	4409.112
	=	1.38%

During the past 13 years, Global Partners LP's highest Pretax Margin was 2.01%. The lowest was -2.90%. And the median was 0.58%.

Global Partners LP Pre-Tax Income Related Terms

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Global Partners LP (Global Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Partners LP (NYSE:GLP) » Definitions » Pre-Tax Income

Comparable Companies

LPG GEL DHT NVGS TNK NGL TNP TK KNTK PBT TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

GLPpB.PFD:USA GLPpA.PFD:USA

Address

800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161

Website

https://www.globalp.com

Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.

Executives

Global Gp Llc	other: General Partner	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Clare Mcgrory Kelly	director	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jaime Pereira	director	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
John T Hailer	director	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Robert J Mccool	director	1629 CHINABERRY WAY, NAPLES FL 34105
Robert W Owens	director
Mark Romaine	officer: Chief Operating Officer	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Gregory B. Hanson	officer: Chief Financial Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Matthew Spencer	officer: Chief Accounting Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jeremy Langhorn	officer: Chief Human Resources Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Eric Slifka	director, officer: Vice Chairman, President & CEO	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Sean T. Geary	officer: Chief Legal Officer & Sec.	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Alfred A. Slifka 1990 Trust Under Article Ii-a	10 percent owner	C/O NUTTER MCCLENNEN & FISH LLP, 155 SEAPORT BOULEVARD, BOSTON MA 02110
Richard Slifka	director, 10 percent owner	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
David K Mckown	director	EATON VANCE MANAGEMENT, BOSTON MA 02110