Global Partners LP (GLP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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GLP Revenue Growth
Revenue Breakdown (FY 2024)
GLP's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
GLP Revenue Analysis (2014–2025)
As of May 8, 2026, Global Partners LP (GLP) generated trailing twelve-month (TTM) revenue of $18.56 billion, reflecting strong growth of +11.0% year-over-year. The most recent quarter (Q4 2025) recorded $4.65 billion in revenue, down 1.0% sequentially.
Looking at the longer-term picture, GLP's 5-year compound annual growth rate (CAGR) stands at +17.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $18.88 billion in 2022.
Revenue diversification analysis shows GLP's business is primarily driven by Wholesale (62%), GDSO (31%), and Commercial (6%). With over half of revenue concentrated in Wholesale, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CAPL (+15.0% YoY), MMLP (-1.1% YoY), and NGL (-41.9% YoY), GLP has underperformed the peer group in terms of revenue growth. Compare GLP vs CAPL →
GLP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GLPCurrent | $18.6B | +11.0% | +17.4% | 1.3% | |
 CAPL | $3.7B | +15.0% | +13.6% | 5.6% | |
 MMLP | $716M | -1.1% | +1.3% | 6.5% | |
 NGL | $3.5B | -41.9% | -14.5% | 9.5% | |
 SUN | $25.2B | +37.3% | +18.7% | 3.7% | |
 DINO | $26.9B | -1.1% | +19.2% | 3.5% |
GLP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $18.56B | +8.1% | $1.06B | 5.7% | $234.7M | 1.3% |
| 2024 | $17.16B | +4.1% | $1.06B | 6.2% | $251.2M | 1.5% |
| 2023 | $16.49B | -12.6% | $973.6M | 5.9% | $243.8M | 1.5% |
| 2022 | $18.88B | +42.5% | $1.10B | 5.8% | $460.3M | 2.4% |
| 2021 | $13.25B | +59.2% | $719.3M | 5.4% | $142.2M | 1.1% |
| 2020 | $8.32B | -36.4% | $721.1M | 8.7% | $192.3M | 2.3% |
| 2019 | $13.08B | +3.2% | $662.8M | 5.1% | $139.2M | 1.1% |
| 2018 | $12.67B | +42.1% | $650.4M | 5.1% | $197.2M | 1.6% |
| 2017 | $8.92B | +8.3% | $583.1M | 6.5% | $119.8M | 1.3% |
| 2016 | $8.24B | -20.1% | $546.5M | 6.6% | $-152,251,000 | -1.8% |
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Start ComparisonGLP — Frequently Asked Questions
Quick answers to the most common questions about buying GLP stock.
Is GLP's revenue growth accelerating or slowing?
GLP maintains +11.0% revenue growth, in line with its 5-year CAGR of +17.4%. TTM revenue stands at $18.6B. Growth rate remains consistent with historical average.
What is GLP's long-term revenue growth rate?
Global Partners LP's 5-year revenue CAGR of +17.4% reflects the sustained expansion pattern. Current YoY growth of +11.0% is near this long-term average.
How is GLP's revenue distributed by segment?
GLP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.