Global Partners LP (Global Partners LP) Tax Rate % : -6.93% (As of Mar. 2024)

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What is Global Partners LP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global Partners LP's Tax Expense for the three months ended in Mar. 2024 was $0.36 Mil. Global Partners LP's Pre-Tax Income for the three months ended in Mar. 2024 was $-5.24 Mil. Therefore, Global Partners LP's Tax Rate % for the quarter that ended in Mar. 2024 was -6.93%.

Global Partners LP Tax Rate % Historical Data

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

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Global Partners LP Tax Rate % Chart

Global Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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3.02

-0.12

2.15

4.44

5.06

Global Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															1.36	1.64	4.49	9.47	-6.93

Global Partners LP Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Global Partners LP's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	8.136	/	160.642
	=	5.06 %

Global Partners LP's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.363	/	-5.239
	=	-6.93 %

Global Partners LP Tax Rate % Related Terms

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Global Partners LP (Global Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Partners LP (NYSE:GLPpB.PFD) » Definitions » Tax Rate %

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Traded in Other Exchanges

GLP:USA

Address

800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161

Website

https://www.globalp.com

Global Partners LP is an us-based 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 Wholesale segment.