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Global Partners LPGLP -0.14%89 Piotroski F-Score is 7 as of Aug. 21, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates GLP with a GF Score™ of 89/100 and a GF Value™ of $61.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 992 Oil & Gas companies, Global Partners LP ranks better than 89.31% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Global Partners LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Global Partners LP's Piotroski F-Score or its related term are showing as below:
GLP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Global Partners LP was 8. The lowest was 3. And the median was 5.
Global Partners LP (NYSE:GLP) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Global Partners LP Piotroski F-Score Related Terms
Global Partners LP Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Global Partners LP's Piotroski F-Score 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.
GLP vs FLNG, GEL, NAT: Piotroski F-Score Comparison
For the Oil & Gas Midstream subindustry, Global Partners LP's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Global Partners LP's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Global Partners LP's current Net Income (TTM) was 195.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Global Partners LP's return on assets of this year was 0.05158207. Global Partners LP's return on assets of last year was 0.02968963.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Global Partners LP's gearing of this year was 0.47315932. Global Partners LP's gearing of last year was 0.49077891.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Global Partners LP's current ratio of this year was 1.19261977. Global Partners LP's current ratio of last year was 1.18291208.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Global Partners LP's number of shares in issue this year was 34.117. Global Partners LP's number of shares in issue last year was 34.095.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Global Partners LP's gross margin of this year was 0.0557209. Global Partners LP's gross margin of last year was 0.06071934.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Global Partners LP's asset turnover of this year was 5.66973325. Global Partners LP's asset turnover of last year was 4.65625229.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Global Partners LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Global Partners LP (GLP) has a Piotroski F-Score of 7 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Partners LP and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Global Partners LP's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Global Partners LP ranks #106 out of 992 companies in the Oil & Gas industry, placing it in the top 10.7%.
Is Global Partners LP's Piotroski F-Score too high?
Global Partners LP's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Global Partners LP's value of 7 is 40% above this industry median. Based on the distribution chart, Global Partners LP ranks #106 out of 992 companies in the Oil & Gas industry, which is in the top quartile — a strong position 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 Piotroski F-Score compare to FLNG and GEL?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #106 out of 992 companies for Piotroski F-Score. This places Global Partners LP in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Global Partners LP's value of 7 is 40% above this benchmark. Historically, Global Partners LP's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Global Partners LP has consistently been above 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 Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 992 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Partners LP's current Piotroski F-Score of 7 is 40% above 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Partners LP and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. 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 $61.25, compared to a current price of $50.57 — trading 17.4% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Oil & Gas industry median of 5.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Global Partners LP (GLP), the current Piotroski F-Score is 7 as of Aug. 21, 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 17.4% below its estimated GF Value™ of $61.25.
GuruFocus considers Global Partners LP to be Modestly Undervalued.
Key valuation signals for GLP:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: $61.25 vs. price of $50.57 (17.4% below fair value)
Industry Position: 40% above the Oil & Gas median (#106 of 992)
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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