Global Partners LP (GLP)

Energy · Oil & Gas Midstream
$49.37 +2.94% on the day Market cap $1.8B 52-week range $39.58 to $54.29 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
-5% a year for 10 years

At a market value of $1.8B, Global Partners LP's free cash flow of $193M (fiscal 2025) would need to grow about -5% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 8 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Global Partners LP's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price-5.3% a year
Free cash flow, last 8 years-5.3% a year
Revenue, same period9.4% a year
Price to free cash flow9.2x

Fundamental grade

C

Five factors scored 1 to 9 from GLP's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability4
Growth9
Financial health3
Cash efficiency4

Results from SEC filings

Fiscal years, from Global Partners LP's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$13.2B$18.9B$16.5B$17.2B$18.6B
Net income$61M$362M$153M$110M$98M
Free cash flow-$51M$373M$424M-$72M$193M
EPS (diluted)—————
Operating margin1.1%2.4%1.5%1.5%1.3%

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Wholesale segment$12.7B68%
GDSO$4.8B26%
Commercial segment$1.1B6%

Superinvestors who own GLP

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held GLP in their latest 13F.

Insider buying

Open-market purchases by Global Partners LP's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you. Every purchase since records began.

DateInsiderSharesPriceValue
Sep 21, 2026 Global Gp Llc
General Partner
5,000$49.63$248,150
Sep 17, 2026 Global Gp Llc
General Partner
5,000$51.08$255,400
Sep 16, 2026 Global Gp Llc
General Partner
5,000$50.55$252,750
Sep 15, 2026 Global Gp Llc
General Partner
5,000$50.89$254,450
Sep 14, 2026 Global Gp Llc
General Partner
5,000$52.20$261,000

Get an alert at your buy price

Pick the price you'd be interested at. We'll email you when GLP trades at or below it.

$

New accounts get 7 days of Pro, price alerts included. No card needed.

In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Global Partners LP's stock price imply?

At a market value of $1.8B, Global Partners LP would need its free cash flow to grow about -5% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 8 years its free cash flow grew -5% a year.

Are Global Partners LP insiders buying the stock?

5 open-market insider purchases of GLP in the last 12 months, from SEC Form 4 filings.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.