Global Partners Lp Stock Net Income
| GLP Stock | USD 53.01 1.16 2.24% |
Global Partners LP fundamentals help investors to digest information that contributes to Global Partners' financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Partners' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global Partners stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 142.6 M | 149.7 M | |
| Net Income Applicable To Common Shares | 392.4 M | 412 M | |
| Net Income From Continuing Ops | 154.7 M | 81 M | |
| Net Income Per Share | 4.49 | 4.71 | |
| Net Income Per E B T | 0.95 | 0.81 |
Global | Net Income |
Global Partners LP Company Net Income Analysis
Global Partners' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Global Partners Net Income | 142.6 M |
Most of Global Partners' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Global Partners LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Global Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Global Partners is extremely important. It helps to project a fair market value of Global Stock properly, considering its historical fundamentals such as Net Income. Since Global Partners' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Global Partners' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Global Partners' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Global Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Global Partners LP reported net income of 142.6 M. This is 93.72% lower than that of the Oil, Gas & Consumable Fuels sector and 78.84% lower than that of the Energy industry. The net income for all United States stocks is 75.03% higher than that of the company.
Global Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Partners' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Partners could also be used in its relative valuation, which is a method of valuing Global Partners by comparing valuation metrics of similar companies.Global Partners is currently under evaluation in net income category among its peers.
Global Partners ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Global Partners' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Global Partners' managers, analysts, and investors.Environmental | Governance | Social |
Global Partners Institutional Holders
Institutional Holdings refers to the ownership stake in Global Partners that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Global Partners' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Global Partners' value.| Shares | Blackstone Inc | 2024-09-30 | 158.9 K | Ubs Group Ag | 2024-06-30 | 153.9 K | Natixis Sa | 2024-09-30 | 150 K | Infrastructure Capital Advisors, Llc | 2024-09-30 | 141.1 K | Proficio Capital Partners Llc | 2024-09-30 | 125 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 114.4 K | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 104.8 K | Hrt Financial Llc | 2024-06-30 | 74.2 K | First Trust Advisors L.p. | 2024-06-30 | 63.1 K | Alps Advisors Inc | 2024-09-30 | 4.6 M | Amvescap Plc. | 2024-06-30 | 2.6 M |
Global Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0492 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 3.8 B | ||||
| Shares Outstanding | 33.73 M | ||||
| Shares Owned By Insiders | 18.83 % | ||||
| Shares Owned By Institutions | 44.31 % | ||||
| Number Of Shares Shorted | 754.64 K | ||||
| Price To Earning | 11.53 X | ||||
| Price To Book | 2.47 X | ||||
| Price To Sales | 0.10 X | ||||
| Revenue | 16.49 B | ||||
| Gross Profit | 1.14 B | ||||
| EBITDA | 356.36 M | ||||
| Net Income | 142.6 M | ||||
| Cash And Equivalents | 4.04 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 1.54 B | ||||
| Debt To Equity | 2.06 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 21.41 X | ||||
| Cash Flow From Operations | 512.44 M | ||||
| Short Ratio | 16.98 X | ||||
| Earnings Per Share | 3.31 X | ||||
| Price To Earnings To Growth | (0.62) X | ||||
| Target Price | 54.0 | ||||
| Number Of Employees | 3.48 K | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 1.79 B | ||||
| Total Asset | 3.45 B | ||||
| Retained Earnings | (658.67 M) | ||||
| Working Capital | 115.04 M | ||||
| Current Asset | 867.03 M | ||||
| Current Liabilities | 594.73 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 10.87 % | ||||
| Net Asset | 3.45 B | ||||
| Last Dividend Paid | 2.86 |
About Global Partners Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Partners LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Partners LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Global Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Stock
| 0.83 | AM | Antero Midstream Partners | PairCorr |
| 0.95 | EE | Excelerate Energy | PairCorr |
| 0.86 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.88 | DLNG | Dynagas LNG Partners Earnings Call This Week | PairCorr |
Moving against Global Stock
| 0.79 | LPG | Dorian LPG | PairCorr |
| 0.6 | BROGW | Brooge Energy Limited | PairCorr |
| 0.56 | GEL | Genesis Energy LP | PairCorr |
| 0.47 | FRO | Frontline Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.
The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Global Stock Analysis
When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.