← GLOBAL PARTNERS LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.2b | $8.9b | $6.8b | $6.7b | $4.6b | $7.6b | $11.1b | $9.8b | $8.7b | $8.7b | |
| Cost of Revenue | $7.7b | $8.3b | $6.4b | $6.2b | $4.2b | $7.1b | $10.4b | $9.2b | $8.1b | $8.2b | |
| Cost of sales | $7.7b | $8.3b | $12.0b | $12.4b | $7.6b | $12.5b | $17.8b | $15.5b | $16.1b | $17.5b | |
| Gross Profit | $546.5m | $583.1m | $650.4m | $662.8m | $721.1m | $719.3m | $1.1b | $973.6m | $1.1b | $1.1b | |
| Operating Costs and Expenses | $288.5m | $283.6m | $321.1m | $342.4m | $323.3m | $353.6m | $445.3m | $450.6m | $515.3m | $519.5m | |
| Operating Expenses | $698.7m | $463.3m | $453.2m | $523.5m | $528.9m | $577.0m | $637.4m | $729.9m | $806.7m | $827.4m | |
| Total costs and operating expenses | $698.7m | $463.3m | $453.2m | $523.5m | $528.9m | $577.0m | $637.4m | $729.9m | $806.7m | $827.4m | |
| Operating Income (Loss) | ($152.3m) | $119.8m | $197.2m | $139.2m | $192.3m | $142.2m | $460.3m | $243.8m | $251.2m | $234.7m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $9.4m | $9.2m | $11.0m | $11.4m | $10.8m | $10.7m | $8.9m | $8.1m | $8.3m | $5.3m | |
| Basic weighted average common limited partner units outstanding | $33.5m | $33.6m | $33.7m | $33.8m | $33.9m | $33.9m | $33.9m | $34.0m | $33.8m | $33.9m | |
| Diluted weighted average common limited partner units outstanding | $33.5m | $33.6m | $34.0m | $34.3m | $34.3m | $34.3m | $34.0m | $34.0m | $34.3m | $34.2m | |
| Foreign Currency Transaction Gain (Loss), Realized | — | $0 | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $121.8m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) Attributable to Parent, before Tax | ($199.4m) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $99.0m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $2.5m | ($1.5m) | $4.5m | |
| Long-lived asset impairment | $150.0m | $809k | $414k | $2.0m | $1.9m | $380k | $0 | $0 | $492k | $231k | |
| Loss on early extinguishment of debt | — | — | — | ($13.1m) | ($7.2m) | — | — | — | — | ($3.0m) | |
| Net gain on sale and disposition of assets | — | ($1.6m) | $5.9m | ($2.7m) | $275k | ($506k) | ($79.9m) | ($2.6m) | ($9.5m) | ($3.3m) | |
| Operating Lease, Lease Income | — | — | — | $74.2m | $73.3m | $77.4m | $81.9m | $83.5m | $86.9m | $89.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $36.3m | $101.6m | $62.1m | $379.0m | $160.6m | $114.9m | $99.0m | |
| Less: General partner's interest in net income, including incentive distribution rights | ($1.3m) | $394k | $1.0m | $1.4m | $1.4m | $3.6m | $7.1m | $9.9m | $15.3m | $18.8m | |
| Net Income (Loss) Attributable to Parent | ($238.6m) | $58.8m | $103.9m | $35.9m | $102.2m | $60.8m | $362.2m | $152.5m | $110.3m | $98.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($1.6m) | ($1.5m) | ($689k) | ($528k) | — | — | — | — | — | |
| Amortization expense | $9.4m | $9.2m | $11.0m | $11.4m | $10.8m | $10.7m | $8.9m | $8.1m | $8.3m | $5.3m | |
| Current Income Tax Expense (Benefit) | $18.8m | $2.4m | $2.9m | $1.1m | ($13.5m) | $737k | $7.2m | $5.6m | $10.0m | $77k | |
| Income before income tax expense | — | — | — | $36.3m | $101.6m | $62.1m | $379.0m | $160.6m | $114.9m | $99.0m | |
| Income tax expense | ($53k) | $23.6m | ($5.6m) | ($1.1m) | $119k | ($1.3m) | ($16.8m) | ($8.1m) | ($4.6m) | ($1.1m) | |
| Interest expense | ($86.3m) | ($86.2m) | ($89.1m) | ($89.9m) | ($83.5m) | ($80.1m) | ($81.3m) | ($85.6m) | ($134.8m) | ($137.2m) | |
| Labor and Related Expense | — | — | — | — | — | — | — | — | $166.1m | $164.0m | |
| Selling, General and Administrative Expense | $149.7m | $155.0m | $171.0m | $170.9m | $192.5m | $212.9m | $263.1m | $273.7m | $292.1m | $305.7m | |
| Selling, general and administrative expenses | $149.7m | $155.0m | $171.0m | $170.9m | $192.5m | $212.9m | $263.1m | $273.7m | $292.1m | $305.7m | |
| Income Tax Expense (Benefit) | $53k | ($23.6m) | $5.6m | $1.1m | ($119k) | $1.3m | $16.8m | $8.1m | $4.6m | $1.1m | |
| Interest Income (Expense), Nonoperating, Net | ($86.3m) | ($86.2m) | ($89.1m) | ($89.9m) | ($83.5m) | ($80.1m) | ($81.3m) | ($85.6m) | ($134.8m) | ($137.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.