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Global Partners LPGLP -0.14%89 Equity-to-Asset is 0.19 as of Jun. 2026, which is at its 10-year median of 0.19. GuruFocus rates GLP with a GF Score™ of 89/100 and a GF Value™ of $61.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,032 Oil & Gas companies, Global Partners LP ranks worse than 82.56% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Partners LP's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $749 Mil. Global Partners LP's Total Assets for the quarter that ended in Jun. 2026 was $4,022 Mil.
Therefore, Global Partners LP's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.19.
The historical rank and industry rank for Global Partners LP's Equity-to-Asset or its related term are showing as below:
GLP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.26
Current: 0.19
During the past 13 years, the highest Equity to Asset Ratio of Global Partners LP was 0.26. The lowest was 0.15. And the median was 0.19.
GLP's Equity-to-Asset is ranked worse than 82.56% of 1032
companies
in the Oil & Gas industry
Industry Median: 0.49
vs GLP: 0.19
Global Partners LP (NYSE:GLP) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Global Partners LP Equity-to-Asset Related Terms
Global Partners LP Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Global Partners LP's Equity-to-Asset 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.
For the Oil & Gas Midstream subindustry, Global Partners LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Global Partners LP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Global Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (GLP) has a Equity-to-Asset of 0.19 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Global Partners LP and its competitors. This is near median its historical median of 0.19. Over the past decade, Global Partners LP's Equity-to-Asset has ranged from 0.15 to 0.26. According to the industry distribution chart, Global Partners LP ranks #852 out of 1032 companies in the Oil & Gas industry, placing it in the top 82.6%.
Is Global Partners LP's Equity-to-Asset too high?
Global Partners LP's current Equity-to-Asset of 0.19 is near median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.26. The Oil & Gas industry median Equity-to-Asset is 0.49. Global Partners LP's value of 0.19 is 61.2% below this industry median. Based on the distribution chart, Global Partners LP ranks #852 out of 1032 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Global Partners LP has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Partners LP's Equity-to-Asset compare to FLNG and GEL?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #852 out of 1032 companies for Equity-to-Asset. This places Global Partners LP in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Global Partners LP's value of 0.19 is 61.2% below this benchmark. Historically, Global Partners LP's own Equity-to-Asset has ranged from 0.15 to 0.26 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.49, Global Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Partners LP's current Equity-to-Asset of 0.19 is 61.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Global Partners LP and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current Equity-to-Asset is 0.19, which is near median its own 10-year median of 0.19. 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 $61.16, compared to a current price of $50.57 — trading 17.3% below its estimated fair value. The current Equity-to-Asset is 0.19, which is near median its 10-year median of 0.19 and 61.2% below the Oil & Gas industry median of 0.49. Global Partners LP's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Global Partners LP (GLP), the current Equity-to-Asset is 0.19 as of Jun. 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 $50.57 is trading 17.3% below its estimated GF Value™ of $61.16.
GuruFocus considers Global Partners LP to be Modestly Undervalued.
Key valuation signals for GLP:
Equity-to-Asset: 0.19 (near median its 10-year median of 0.19)
GF Value™: $61.16 vs. price of $50.57 (17.3% below fair value)
Industry Position: 61.2% below the Oil & Gas median (#852 of 1032)
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 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.
89GF Score
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