Global Partners

OverviewSuggest Edit

Global Partners is an energy supply company. It operates under three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The company purchases refined petroleum products, gasoline blendstocks, renewable fuels, crude oil, and propane primarily from domestic and foreign refiners and ethanol producers, crude oil producers, major and independent oil companies, and trading companies.
TypePublic
Founded1993
HQBranford, CT, US
Websiteglobalp.com
Employee Ratings3.7
Overall CultureD-

Locations

Global Partners is headquartered in
Branford, United States

Location Map

Latest Updates

Employees (est.) (Dec 2020)2,375(-6%)
Job Openings1,004
Revenue (FY, 2021)$13.2 B(+60%)
Share Price (Aug 2022)$28.1(+2%)
Cybersecurity ratingBMore
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Key People/Management at Global Partners

Eric Slifka

Eric Slifka

President, Chief Executive Officer and Director
Mark Romaine

Mark Romaine

Chief Operating Officer
Gregory B. Hanson

Gregory B. Hanson

Chief Financial Officer
Matthew Spencer

Matthew Spencer

Chief Accounting Officer
Sean T. Geary

Sean T. Geary

Chief Legal Officer
Jeremy Langhorn

Jeremy Langhorn

Chief Human Resources Officer
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Global Partners Office Locations

Global Partners has offices in Branford, Waltham, Albany, Beulah and in 13 other locations
Branford, CT, US (HQ)
15 NE Industrial Rd
Waltham, MA, US (HQ)
800 South St #500
Albany, NY, US
49-51 Erie Blvd Albany
Beulah, ND, US
6550 Co Rd 20
Burlington, VT, US
2 Flynn Ave
Chelsea, MA, US
11 Broadway
Show all (20)

Global Partners Financials and Metrics

Global Partners Revenue

Global Partners's revenue was reported to be $13.25 b in FY, 2021
USD

Revenue (Q1, 2022)

4.5b

Gross profit (Q1, 2022)

206.2m

Net income (Q1, 2022)

30.5m

EBIT (Q1, 2022)

53.1m

Market capitalization (1-Aug-2022)

954.5m

Closing stock price (1-Aug-2022)

28.1

Cash (31-Mar-2022)

10.8m
Global Partners's current market capitalization is $954.5 m.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

12.7b13.1b8.3b13.2b

Revenue growth, %

42%3%(36%)

Cost of goods sold

12.0b12.4b7.6b12.5b

Gross profit

650.4m662.8m721.1m719.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

3.0b3.5b3.2b2.6b1.5b2.1b2.6b3.3b3.3b4.5b

Cost of goods sold

2.8b3.3b3.1b2.4b1.2b1.9b2.4b3.1b3.1b4.3b

Gross profit

156.8m167.1m187.8m145.7m239.9m169.2m145.0m178.0m203.1m206.2m

Gross profit Margin, %

5%5%6%6%16%8%6%5%6%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

8.1m12.0m9.7m10.8m

Accounts Receivable

334.8m413.2m227.3m411.2m

Prepaid Expenses

99.0m81.9m119.3m87.1m

Inventories

386.4m450.5m384.4m509.5m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

102.4m35.2m101.7m60.8m

Depreciation and Amortization

106.8m108.2m100.1m

Inventories

(29.8m)(64.8m)65.6m(123.9m)

Accounts Payable

(4.4m)64.4m(165.5m)145.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

6.8m21.2m36.1m3.1m79.0m97.2m(4.3m)7.8m41.5m30.5m

Depreciation and Amortization

28.2m54.3m81.5m25.8m50.7m75.4m25.0m50.5m76.2m

Inventories

(78.6m)(40.0m)(7.7m)236.0m106.1m121.5m(84.0m)(106.1m)(27.7m)2.2m

Accounts Payable

34.2m(25.9m)1.4m(227.7m)(210.0m)(186.6m)30.1m39.8m107.1m113.0m
USDFY, 2018

Revenue/Employee

5.1m

Debt/Equity

2.6 x

Debt/Assets

0.5 x

Financial Leverage

4.9 x
Show all financial metrics

Global Partners Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Bulk Terminals

252525242424252525262626

Storage Capacity, barrels

11.6 m11.7 m10.8 m10.8 m10.8 m10.9 m11.5 m11.8 m11.8 m11.9 m11.9 m11.9 m

Gasoline Stations

1.58 k1.58 k1.57 k1.57 k1.55 k1.54 k1.53 k1.54 k1.55 k1.57 k1.56 k1.6 k

Gasoline Stations (Company Operated)

297296295295289283277278277283283295

Global Partners Acquisitions / Subsidiaries

Company NameDateDeal Size
Warren Equities IncJanuary 07, 2015$381.8 m
Cascade Kelly Holdings LLCFebruary 15, 2013$94.2 m
Alliance Energy LLCMarch 01, 2012$312.4 m
Alliance Energy LLC
Basin Transload, LLC
Cascade Kelly Holdings LLC
Drake Petroleum Company, Inc.
Global Companies LLC
Global Montello Group Corp.
Global Operating LLC
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Global Partners Revenue Breakdown

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Global Partners revenue breakdown by business segment: 9.2% from Commercial Segment, 55.0% from Wholesale Segment and 35.8% from Gasoline Distribution and Station Operations Segment

Global Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Global Partners Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Global Partners Online and Social Media Presence

Embed Graph

Global Partners Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    F

    47/100

  • Compensation

    D-

    48/100

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Global Partners Frequently Asked Questions

  • When was Global Partners founded?

    Global Partners was founded in 1993.

  • Who are Global Partners key executives?

    Global Partners's key executives are Eric Slifka, Mark Romaine and Gregory B. Hanson.

  • How many employees does Global Partners have?

    Global Partners has 2,375 employees.

  • What is Global Partners revenue?

    Latest Global Partners annual revenue is $13.2 b.

  • What is Global Partners revenue per employee?

    Latest Global Partners revenue per employee is $5.6 m.

  • Who are Global Partners competitors?

    Competitors of Global Partners include ONE Gas, Spire and Energy Transfer.

  • Where is Global Partners headquarters?

    Global Partners headquarters is located at 15 NE Industrial Rd, Branford.

  • Where are Global Partners offices?

    Global Partners has offices in Branford, Waltham, Albany, Beulah and in 13 other locations.

  • How many offices does Global Partners have?

    Global Partners has 20 offices.