GLP (Global Partners LP) ROE %: 38.89% (As of Jun. 2026) — 127% Above Median

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GLP Global Partners LP GLP
89 GF Score
Price $50.57
GF Value $61.25
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Global Partners LP ROE %?

Global Partners LP GLP -0.14% 89 ROE % is 38.89% as of Jun. 2026, which is 127% above its 10-year median of 17.10. 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 964 Oil & Gas companies, Global Partners LP ranks better than 88.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Partners LP's annualized net income for the quarter that ended in Jun. 2026 was $284 Mil. Global Partners LP's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was $730 Mil. Therefore, Global Partners LP's annualized ROE % for the quarter that ended in Jun. 2026 was 38.89%.

The historical rank and industry rank for Global Partners LP's ROE % or its related term are showing as below:

GLP' s ROE % Range Over the Past 10 Years
Min: -38.33   Med: 17.1   Max: 55.04
Current: 27.85

During the past 13 years, Global Partners LP's highest ROE % was 55.04%. The lowest was -38.33%. And the median was 17.10%.

GLP's ROE % is ranked better than
88.07% of 964 companies
in the Oil & Gas industry
Industry Median: 6.83 vs GLP: 27.85

Global Partners LP  (NYSE:GLP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=283.94/730.1725
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(283.94 / 27168.352)*(27168.352 / 4167.02)*(4167.02 / 730.1725)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.05 %*6.5199*5.7069
=ROA %*Equity Multiplier
=6.85 %*5.7069
=38.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=283.94/730.1725
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (283.94 / 305.048) * (305.048 / 431.228) * (431.228 / 27168.352) * (27168.352 / 4167.02) * (4167.02 / 730.1725)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9308 * 0.7074 * 1.59 % * 6.5199 * 5.7069
=38.89 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Global Partners LP ROE % Related Terms


Global Partners LP ROE % Historical Data

* Premium members only.

The historical data trend for Global Partners LP's ROE % 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.

Global Partners LP ROE % Chart

Global Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.09 55.04 19.19 14.20 14.08

Global Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.60 16.96 14.76 40.44 38.89

GLP vs FLNG, GEL, NAT: ROE % Comparison

For the Oil & Gas Midstream subindustry, Global Partners LP's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's ROE % distribution charts can be found below:

* The bar in red indicates where Global Partners LP's ROE % falls into.


GLP
89GF Score
Global Partners LP GLP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Partners LP ROE % Calculation

Global Partners LP's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=97.977/( (716.613+675.543)/ 2 )
=97.977/696.078
=14.08 %

Global Partners LP's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=283.94/( (711.778+748.567)/ 2 )
=283.94/730.1725
=38.89 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 38.89% mean?
Global Partners LP (GLP) has a ROE % of 38.89% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Global Partners LP and its competitors. This is 127% above median its historical median of 17.10. According to the industry distribution chart, Global Partners LP ranks #115 out of 964 companies in the Oil & Gas industry, placing it in the top 11.9%.
Is Global Partners LP's ROE % too high?
Global Partners LP's current ROE % of 38.89% is 127% above median its 10-year median of 17.10. The Oil & Gas industry median ROE % is 6.83. Global Partners LP's value of 38.89% is 469.4% above this industry median. Based on the distribution chart, Global Partners LP ranks #115 out of 964 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 ROE % compare to FLNG and GEL?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #115 out of 964 companies for ROE %. This places Global Partners LP in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.83. Global Partners LP's value of 38.89% is 469.4% above this benchmark. While the company's 10-year median is 17.10 vs. the industry median of 6.83, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 6.83, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Partners LP's current ROE % of 38.89% is 469.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Global Partners LP and its competitors. For the Oil & Gas industry, the median ROE % is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current ROE % is 38.89%, which is 127% above median its own 10-year median of 17.10. 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 ROE % is 38.89%, which is 127% above median its 10-year median of 17.10 and 469.4% above the Oil & Gas industry median of 6.83. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Global Partners LP (GLP), the current ROE % is 38.89% 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 17.4% below its estimated GF Value™ of $61.25. GuruFocus considers Global Partners LP to be Modestly Undervalued.

Key valuation signals for GLP:

  • ROE %: 38.89% (127% above median its 10-year median of 17.10)
  • GF Value™: $61.25 vs. price of $50.57 (17.4% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 469.4% above the Oil & Gas median (#115 of 964)

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 EnergyOil & Gas
Other Exchanges GLPpB.PFD:USA
Address 800 South Street, P.O. Box 9161, Waltham, MA, USA, 02454-9161
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

Get the complete analysis for GLP

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

$50.57
Price
$61.25
GF Value