GLP (Global Partners LP) EBIT: $287 Mil (TTM As of Mar. 2026)

What is Global Partners LP EBIT?

Global Partners LP GLP -2.78% 87 EBIT is $287 Mil as of Mar. 2026. GuruFocus rates GLP with a GF Score™ of 87/100 and a GF Value™ of $58.42 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Global Partners LP's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $287 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Partners LP's annualized ROC % for the quarter that ended in Mar. 2026 was 12.67%. Global Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.65%.

Global Partners LP (NYSE:GLP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Global Partners LP's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	409.252 * ( 1 - 1.18% )	/	( (3104.588	+	3279.49)	/ 2 )
=	404.4228264	/	3192.039
=	12.67 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3850.717	-	733.886	-	( 12.243	-	max(0, 1076.191	-	1227.487	+	12.243	))
=	3104.588

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4312.489	-	1014.626	-	( 18.373	-	max(0, 1523.457	-	1707.915	+	18.373	))
=	3279.49

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Global Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	425.912	/	( ( (2035.802 + max(336.301, 0))	+	(2018.17 + max(543.577, 0)) )	/	2 )
=	425.912	/	( ( 2372.103	+	2561.747 )	/	2 )
=	425.912	/	2466.925
=	17.26 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(530.142	+	549.118	+	133.357)	-	(733.886	+	0	+	142.43)
=	336.301

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(772.949	+	736.144	+	175.204)	-	(1014.626	+	0	+	126.094)
=	543.577

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Global Partners LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	286.727	/	3748.711
	=	7.65 %

* 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.

Global Partners LP EBIT Related Terms

Global Partners LP EBIT Historical Data

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The historical data trend for Global Partners LP's EBIT can be seen below:

Global Partners LP EBIT Chart

Global Partners LP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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142.22

460.29

246.27

249.71

236.20

Global Partners LP Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															55.95	59.62	61.89	58.73	106.48

GLP vs FLNG, LPG, GEL: EBIT Comparison

For the Oil & Gas Midstream subindustry, Global Partners LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Partners LP's EV-to-EBIT falls into.

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87GF Score

Global Partners LP GLP

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Global Partners LP EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $287 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $287 Mil mean?

Global Partners LP (GLP) has a EBIT of $287 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Partners LP.

Is Global Partners LP's EBIT too high?

Global Partners LP's current EBIT is $287 Mil. Overall, Global Partners LP has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Global Partners LP's EBIT compare to FLNG and LPG?

Global Partners LP's EBIT of $287 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Partners LP. Global Partners LP's current EBIT is $287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Global Partners LP stock overvalued right now?

Based on GuruFocus' analysis, Global Partners LP (GLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $58.42, compared to a current price of $44.80 — trading 23.3% below its estimated fair value. The current EBIT is $287 Mil. Global Partners LP's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Global Partners LP (GLP), the current EBIT is $287 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Partners LP (GLP) Overvalued in 2026?

Based on GuruFocus' analysis, Global Partners LP stock appears to be undervalued. The current stock price of $44.80 is trading 23.3% below its estimated GF Value™ of $58.42. GuruFocus considers Global Partners LP to be Modestly Undervalued.

Key valuation signals for GLP:

EBIT: $287 Mil
GF Value™: $58.42 vs. price of $44.80 (23.3% below fair value)
GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the GLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Global Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies FLNG LPG GEL NVGS PBT TEN NAT SBR NGL EE TSX:ENB WMB EPD TSX:TRP KMI ET MPLX TRGP OKE LNG

Other Exchanges GLPpB.PFD:USA

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

Website https://www.globalp.com

Global Partners LP is a 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 GDSO segment.

87GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.80

Price

$58.42

GF Value

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