Global Partners LP
NYSE:GLP
Income Statement
Earnings Waterfall
Global Partners LP
Revenue
|
16.5B
USD
|
Cost of Revenue
|
-15.5B
USD
|
Gross Profit
|
973.6m
USD
|
Operating Expenses
|
-732.5m
USD
|
Operating Income
|
241.1m
USD
|
Other Expenses
|
-113.1m
USD
|
Net Income
|
128m
USD
|
Income Statement
Global Partners LP
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
19 590
N/A
|
19 117
-2%
|
18 915
-1%
|
18 532
-2%
|
17 270
-7%
|
15 132
-12%
|
13 243
-12%
|
11 678
-12%
|
10 315
-12%
|
9 087
-12%
|
8 553
-6%
|
8 097
-5%
|
8 240
+2%
|
8 760
+6%
|
8 703
-1%
|
8 832
+1%
|
8 921
+1%
|
9 453
+6%
|
10 490
+11%
|
11 799
+12%
|
12 673
+7%
|
12 849
+1%
|
13 230
+3%
|
13 007
-2%
|
13 082
+1%
|
12 697
-3%
|
10 659
-16%
|
9 475
-11%
|
8 322
-12%
|
8 280
-1%
|
10 089
+22%
|
11 352
+13%
|
13 248
+17%
|
15 195
+15%
|
17 240
+13%
|
18 543
+8%
|
18 878
+2%
|
18 408
-2%
|
16 916
-8%
|
16 510
-2%
|
16 492
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19 185)
|
(18 613)
|
(18 417)
|
(17 996)
|
(16 725)
|
(14 578)
|
(12 632)
|
(11 071)
|
(9 717)
|
(8 527)
|
(8 008)
|
(7 572)
|
(7 693)
|
(8 203)
|
(8 141)
|
(8 253)
|
(8 338)
|
(8 865)
|
(9 889)
|
(11 213)
|
(12 022)
|
(12 187)
|
(12 550)
|
(12 274)
|
(12 419)
|
(12 046)
|
(9 935)
|
(8 769)
|
(7 600)
|
(7 559)
|
(9 431)
|
(10 660)
|
(12 529)
|
(14 415)
|
(16 356)
|
(17 534)
|
(17 780)
|
(17 294)
|
(15 841)
|
(15 535)
|
(15 519)
|
|
Gross Profit |
405
N/A
|
505
+25%
|
498
-1%
|
536
+7%
|
545
+2%
|
554
+2%
|
611
+10%
|
608
-1%
|
598
-2%
|
559
-6%
|
544
-3%
|
525
-4%
|
546
+4%
|
556
+2%
|
563
+1%
|
580
+3%
|
583
+1%
|
587
+1%
|
601
+2%
|
586
-3%
|
650
+11%
|
663
+2%
|
681
+3%
|
734
+8%
|
663
-10%
|
652
-2%
|
724
+11%
|
706
-3%
|
721
+2%
|
720
0%
|
658
-9%
|
692
+5%
|
719
+4%
|
780
+9%
|
884
+13%
|
1 009
+14%
|
1 098
+9%
|
1 114
+1%
|
1 075
-3%
|
975
-9%
|
974
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(321)
|
(337)
|
(347)
|
(367)
|
(377)
|
(410)
|
(443)
|
(466)
|
(481)
|
(468)
|
(462)
|
(449)
|
(448)
|
(444)
|
(437)
|
(441)
|
(464)
|
(421)
|
(432)
|
(448)
|
(450)
|
(514)
|
(526)
|
(533)
|
(525)
|
(524)
|
(532)
|
(524)
|
(527)
|
(530)
|
(537)
|
(558)
|
(577)
|
(606)
|
(632)
|
(669)
|
(718)
|
(732)
|
(739)
|
(734)
|
(732)
|
|
Selling, General & Administrative |
(116)
|
(127)
|
(133)
|
(147)
|
(154)
|
(166)
|
(179)
|
(180)
|
(177)
|
(163)
|
(155)
|
(149)
|
(150)
|
(151)
|
(150)
|
(153)
|
(163)
|
(121)
|
(126)
|
(128)
|
(109)
|
(185)
|
(199)
|
(215)
|
(213)
|
(209)
|
(215)
|
(199)
|
(236)
|
(198)
|
(193)
|
(204)
|
(260)
|
(223)
|
(230)
|
(240)
|
(321)
|
(269)
|
(275)
|
(273)
|
(335)
|
|
Depreciation & Amortization |
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(20)
|
(18)
|
(16)
|
(13)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(17)
|
(10)
|
(10)
|
(10)
|
(20)
|
(12)
|
(12)
|
(12)
|
(20)
|
(11)
|
(11)
|
(11)
|
(19)
|
(11)
|
(11)
|
(11)
|
(19)
|
(11)
|
(10)
|
(9)
|
(17)
|
(8)
|
(8)
|
(8)
|
(16)
|
|
Other Operating Expenses |
(186)
|
(190)
|
(194)
|
(201)
|
(204)
|
(225)
|
(246)
|
(270)
|
(290)
|
(294)
|
(298)
|
(291)
|
(289)
|
(284)
|
(279)
|
(279)
|
(284)
|
(290)
|
(295)
|
(309)
|
(321)
|
(318)
|
(316)
|
(306)
|
(291)
|
(303)
|
(306)
|
(314)
|
(272)
|
(321)
|
(333)
|
(343)
|
(298)
|
(372)
|
(393)
|
(420)
|
(379)
|
(454)
|
(456)
|
(453)
|
(382)
|
|
Operating Income |
84
N/A
|
167
+99%
|
152
-9%
|
169
+12%
|
168
-1%
|
144
-14%
|
167
+16%
|
141
-16%
|
117
-17%
|
91
-22%
|
82
-10%
|
75
-9%
|
99
+32%
|
112
+13%
|
125
+11%
|
139
+11%
|
119
-15%
|
166
+40%
|
170
+2%
|
138
-19%
|
200
+45%
|
149
-26%
|
155
+4%
|
201
+30%
|
138
-31%
|
128
-7%
|
192
+51%
|
182
-6%
|
194
+7%
|
190
-2%
|
122
-36%
|
134
+10%
|
142
+6%
|
175
+23%
|
252
+44%
|
340
+35%
|
380
+12%
|
382
+0%
|
335
-12%
|
241
-28%
|
241
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(44)
|
(44)
|
(46)
|
(47)
|
(48)
|
(51)
|
(55)
|
(63)
|
(73)
|
(82)
|
(87)
|
(88)
|
(86)
|
(87)
|
(88)
|
(87)
|
(86)
|
(84)
|
(84)
|
(86)
|
(89)
|
(91)
|
(92)
|
(92)
|
(90)
|
(89)
|
(87)
|
(84)
|
(84)
|
(82)
|
(82)
|
(81)
|
(80)
|
(81)
|
(82)
|
(81)
|
(81)
|
(82)
|
(81)
|
(82)
|
(83)
|
|
Non-Reccuring Items |
1
|
1
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(8)
|
(10)
|
(165)
|
(251)
|
(233)
|
(233)
|
(81)
|
1
|
(13)
|
(14)
|
(8)
|
(3)
|
(1)
|
3
|
(13)
|
(12)
|
(13)
|
(15)
|
(1)
|
(9)
|
(8)
|
(7)
|
(6)
|
0
|
5
|
82
|
81
|
80
|
77
|
(1)
|
1
|
3
|
|
Pre-Tax Income |
42
N/A
|
124
+195%
|
106
-14%
|
122
+15%
|
118
-3%
|
92
-22%
|
111
+21%
|
76
-32%
|
41
-46%
|
1
-97%
|
(15)
N/A
|
(177)
-1 104%
|
(239)
-35%
|
(208)
+13%
|
(195)
+6%
|
(28)
+86%
|
34
N/A
|
69
+103%
|
72
+4%
|
44
-39%
|
108
+146%
|
57
-47%
|
66
+15%
|
96
+46%
|
36
-63%
|
27
-26%
|
91
+243%
|
96
+5%
|
102
+6%
|
100
-2%
|
33
-67%
|
47
+41%
|
62
+32%
|
98
+59%
|
251
+156%
|
340
+35%
|
379
+12%
|
377
-1%
|
253
-33%
|
159
-37%
|
161
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
2
|
4
|
4
|
1
|
0
|
(1)
|
(2)
|
2
|
1
|
2
|
3
|
2
|
(6)
|
(7)
|
(7)
|
(8)
|
(1)
|
5
|
2
|
1
|
0
|
(6)
|
(3)
|
(1)
|
(1)
|
(3)
|
(5)
|
(16)
|
(17)
|
(16)
|
(14)
|
(4)
|
(8)
|
|
Income from Continuing Operations |
41
|
121
|
103
|
122
|
117
|
90
|
110
|
75
|
43
|
5
|
(11)
|
(176)
|
(239)
|
(208)
|
(198)
|
(27)
|
35
|
71
|
75
|
46
|
102
|
51
|
59
|
88
|
35
|
32
|
93
|
96
|
102
|
94
|
30
|
46
|
61
|
96
|
246
|
324
|
362
|
361
|
239
|
155
|
153
|
|
Income to Minority Interest |
2
|
1
|
1
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
3
|
40
|
39
|
39
|
38
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
39
N/A
|
117
+200%
|
99
-15%
|
115
+16%
|
109
-6%
|
81
-25%
|
100
+22%
|
64
-36%
|
36
-44%
|
1
-98%
|
(11)
N/A
|
(135)
-1 109%
|
(198)
-46%
|
(168)
+15%
|
(159)
+6%
|
(25)
+84%
|
58
N/A
|
94
+62%
|
98
+4%
|
68
-30%
|
100
+47%
|
47
-53%
|
53
+13%
|
81
+53%
|
28
-65%
|
24
-14%
|
86
+255%
|
89
+4%
|
94
+5%
|
86
-9%
|
19
-77%
|
32
+67%
|
45
+39%
|
78
+73%
|
227
+192%
|
304
+34%
|
341
+12%
|
339
-1%
|
218
-36%
|
132
-39%
|
128
-3%
|
|
EPS (Diluted) |
1.43
N/A
|
4.29
+200%
|
3.64
-15%
|
4.16
+14%
|
3.89
-6%
|
2.66
-32%
|
3.19
+20%
|
1.9
-40%
|
1.11
-42%
|
0.03
-97%
|
-0.34
N/A
|
-4.04
-1 088%
|
-5.82
-44%
|
-5.02
+14%
|
-4.7
+6%
|
-0.75
+84%
|
1.7
N/A
|
2.78
+64%
|
2.89
+4%
|
1.99
-31%
|
2.95
+48%
|
1.37
-54%
|
1.54
+12%
|
2.36
+53%
|
0.81
-66%
|
0.71
-12%
|
2.52
+255%
|
2.61
+4%
|
2.76
+6%
|
2.5
-9%
|
0.56
-78%
|
0.95
+70%
|
1.31
+38%
|
2.28
+74%
|
6.66
+192%
|
8.92
+34%
|
10.02
+12%
|
9.97
0%
|
6.41
-36%
|
3.89
-39%
|
3.76
-3%
|