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Global Partners LPGLP -0.14%89 Interest Coverage is 3.26 as of Jun. 2026, which is 82% above its 10-year median of 1.79. 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 746 Oil & Gas companies, Global Partners LP ranks worse than 76.68% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Global Partners LP's
Operating Income
for the
three
months ended in Jun. 2026 was $108 Mil. Global Partners LP's Interest Expense for the
three
months ended in Jun. 2026 was $-33 Mil.
Global Partners LP's interest coverage for the quarter that ended in Jun. 2026 was 3.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Global Partners LP's Interest Coverage or its related term are showing as below:
GLP'
s Interest Coverage Range Over the Past 10 Years
Min: 1.15 Med: 1.79 Max: 4.68
Current: 2.42
GLP's Interest Coverage is ranked worse than 76.68% of 746
companies
in the Oil & Gas industry
Industry Median: 6.32
vs GLP: 2.42
Global Partners LP (NYSE:GLP) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Global Partners LP Interest Coverage Related Terms
Global Partners LP Interest Coverage Historical Data
* Premium members only.
The historical data trend for Global Partners LP's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
GLP vs FLNG, GEL, NAT: Interest Coverage Comparison
For the Oil & Gas Midstream subindustry, Global Partners LP's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Global Partners LP's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 3.26 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Partners LP and its competitors. This is 82% above median its historical median of 1.79. Over the past decade, Global Partners LP's Interest Coverage has ranged from 1.15 to 4.68. According to the industry distribution chart, Global Partners LP ranks #572 out of 746 companies in the Oil & Gas industry, placing it in the top 76.7%.
Is Global Partners LP's Interest Coverage too high?
Global Partners LP's current Interest Coverage of 3.26 is 82% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 4.68. The Oil & Gas industry median Interest Coverage is 6.32. Global Partners LP's value of 3.26 is 48.4% below this industry median. Based on the distribution chart, Global Partners LP ranks #572 out of 746 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 Interest Coverage compare to FLNG and GEL?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #572 out of 746 companies for Interest Coverage. This places Global Partners LP in the lower half of its industry. The industry median Interest Coverage is 6.32. Global Partners LP's value of 3.26 is 48.4% below this benchmark. Historically, Global Partners LP's own Interest Coverage has ranged from 1.15 to 4.68 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 6.32, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 6.32, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Partners LP's current Interest Coverage of 3.26 is 48.4% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Partners LP and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current Interest Coverage is 3.26, which is 82% above median its own 10-year median of 1.79. 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 Interest Coverage is 3.26, which is 82% above median its 10-year median of 1.79 and 48.4% below the Oil & Gas industry median of 6.32. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Global Partners LP (GLP), the current Interest Coverage is 3.26 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:
Interest Coverage: 3.26 (82% above median its 10-year median of 1.79)
GF Value™: $61.16 vs. price of $50.57 (17.3% below fair value)
Industry Position: 48.4% below the Oil & Gas median (#572 of 746)
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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