Global Partners ( (GLP) ) has released its Q1 earnings. Here is a breakdown of the information Global Partners presented to its investors.
Global Partners LP, a Fortune 500 company, operates as an integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and retail experiences across the United States, focusing on gasoline, distillates, and renewable fuels distribution.
In its first-quarter 2025 financial results, Global Partners LP reported a significant turnaround with a net income of $18.7 million, compared to a net loss in the same period last year, showcasing the company’s resilience and strategic growth in a volatile market environment.
Key financial highlights include a robust increase in EBITDA to $91.9 million from $56.9 million year-over-year, and a notable rise in distributable cash flow to $45.7 million from $15.8 million. The Wholesale segment showed strong performance due to favorable market conditions and strategic asset integration, while the Gasoline Distribution business benefited from healthy fuel margins.
The company’s total sales increased to $4.6 billion, up from $4.1 billion in the previous year, driven by higher volumes and improved market conditions across its segments. The Wholesale segment, in particular, saw a significant increase in both sales and product margins.
Looking ahead, Global Partners LP remains focused on leveraging its integrated model and extensive network to capitalize on market opportunities, aiming for long-term growth through disciplined execution and operational excellence.