GLP Q2 2024 Earnings — Global Partners LP Revenue & Financial Results | Market Cap Arena

GLPGlobal Partners LP

$2B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.4B+15.1% YoY

Gross Profit

$288M6.5% margin

Operating Income

$84M1.9% margin

Net Income

$44M1.0% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$17M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.1B

Stockholders' Equity

$703M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$3.8B	+15.1%
Gross Profit	$288M	$243M	+18.6%
Operating Income	$84M	$63M	+33.8%
Net Income	$44M	$41M	+5.1%

Revenue Segments

Wholesale

$2.7B60%

GDSO

$1.5B33%

Commercial

$281M6%